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Hossein Hashemi Doulabi, S, Seifi, A and Shariat, S Y (2011) Efficient Hybrid Genetic Algorithm for Resource Leveling via Activity Splitting. Journal of Construction Engineering and Management, 137(02), 137–46.

Ibbs, W, Nguyen, L D and Simonian, L (2011) Concurrent Delays and Apportionment of Damages. Journal of Construction Engineering and Management, 137(02), 119–26.

Kim, C, Kim, H, Ryu, J and Kim, C (2011) Ubiquitous Sensor Network for Construction Material Monitoring. Journal of Construction Engineering and Management, 137(02), 158–65.

Love, P E D, Davis, P R, Chevis, R and Edwards, D J (2011) Risk/Reward Compensation Model for Civil Engineering Infrastructure Alliance Projects. Journal of Construction Engineering and Management, 137(02), 127–36.

  • Type: Journal Article
  • Keywords: Australia; Risk management; Infrastructure; Project management; Models; Australia; Alliance; Risk/reward model; Compensation; Behaviors; Project team;
  • ISBN/ISSN: 0733-9364
  • URL: https://doi.org/10.1061/(ASCE)CO.1943-7862.0000263
  • Abstract:
    A risk/reward model is described as that which aligns project participants’ behaviors toward the achievement of a project’s performance objectives through the use of incentives. A risk/reward model typically includes the following mechanisms: risk/reward shared percentages among nonowner participants, project cost risk/reward, noncost risk/reward, risk cap, and achievability of performance targets. This paper examines the influence of a risk/reward model on the behavior of project participants. Twenty-nine industry practitioners from eight civil infrastructure project alliances were interviewed. The interviews revealed that individual features of a risk/reward model identified had merits, but the achievability of performance targets model appeared to be the most appropriate for promoting positive behaviors within the project team. Additionally, it was found that all incentive aspects of the model examined led to positive and constructive behaviors occurring due to their perceived fairness and equity of payment structure. Participants indicated that having a commercial interest in an alliance’s performance outcomes ensured collaboration and engagement throughout the project’s life cycle. It is concluded that risk/reward sharing is pivotal to obtaining a successful project outcome for the procurement of civil engineering infrastructure projects when using an alliance.

Praticò, F G, Casciano, A and Tramontana, D (2011) Pavement Life-Cycle Cost and Asphalt Binder Quality: Theoretical and Experimental Investigation. Journal of Construction Engineering and Management, 137(02), 99–107.

Son, J and Rojas, E M (2011) Impact of Optimism Bias Regarding Organizational Dynamics on Project Planning and Control. Journal of Construction Engineering and Management, 137(02), 147–57.

Uddin, M, Mahboub, K C and Goodrum, P M (2011) Effects of Nonnormal Distributions on Highway Construction Acceptance Pay Factor Calculation. Journal of Construction Engineering and Management, 137(02), 108–18.