Abstracts – Browse Results
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Barima, O K B (2007) An examination of the critical variables in the use of the virtual concept in construction value delivery, Unpublished PhD Thesis, , University of Hong Kong (Hong Kong).
Li, W (2008) An agent-based negotiation model for the sourcing of construction suppliers, Unpublished PhD Thesis, , University of Hong Kong (Hong Kong).
Rahman, M M (2003) Revitalising construction project procurement through joint risk management, Unpublished PhD Thesis, , University of Hong Kong (Hong Kong).
- Type: Thesis
- Keywords: flexibility; project team; transaction cost; construction project; contract conditions; feedback; integration; relational contracting; risk management; productivity; case study; interview; consultant; owner; subcontractor; supplier; questionnaire survey
- ISBN/ISSN:
- URL: https://www.proquest.com/docview/305251820
- Abstract:
The research presented in this thesis is an attempt to contribute to the recent trend towards increasingly recommended teamworking based construction project procurement approaches, and does so through the concept of Joint Risk Management (JRM). It postulates that unforeseen risks need to be jointly and dynamically managed under flexible contract conditions, requiring the combined efforts of all contracting parties and the use of the best available options whenever such risks occur. The target is to minimise the overall cost and consequences of risks to a project. This requires collaborative “one team” working arrangements. Clearly, the traditional systems neither accommodate JRM, nor offer any appropriate platform for teamworking. Nor do they help in achieving substantial increases in productivity: instead, they generate adversarial environments and disrupt relationships among contracting parties. Hence the search for an appropriate procurement system that can accommodate such collaborative approaches. A multi-pronged research methodology was developed, consisting of literature review, two questionnaire surveys, one case study, one interview-based survey, and a quasi-Delphi survey. This research made use of the important theories of Transaction Cost Economics (TCE) and Relational Contracting (RC), which respectively provided the contractual and non-contractual justification for collaborative teamworking based procurement strategies. They were combined into a platform for launching transactionally efficient RC for JRM. The flexibility requirements of ‘contract’ were investigated through the first questionnaire survey, which enabled industry perceptions on present and preferred risk allocation to be evaluated, including the attitudes of project participants towards JRM through such flexible contract conditions. The second questionnaire survey examined the best ways of forming a coalesced team for JRM comprising owners, consultants, contractors, subcontractors and suppliers. This focused on selecting different parties for an RC-based approach, identifying the timings of their mobilisation in such an approach for JRM, evaluating different factors for building a successful relational contract, and assessing different options for managing various unforeseen risks. This second survey also collected perceptions on potential strategies for JRM. Expert opinion was mined through the interview-based third survey. Based on the experiential and expert knowledge collected through the surveys, a generic model for assembling an Integrated Project Team (IPT) was formulated, aimed at achieving relational integration among different project partners. It was then improved with feedback from industry experts and validated against several different criteria through the quasi-Delphi exercise. The model can be refined to meet the specific requirements of a particular project. More specifically, this is proposed through the selection of different IPT “partners” from a pre-assembled Relationally Integrated Supply Chain where relevant information about previous and potential partners is maintained. This enables the partners to be selected on the basis of their “competencies” to carry out the proposed work and “compatibility” in building the IPT with other potential partners. The IPT will proactively address all uncertainties, unforeseen risks and any changes during the project progress using the best available strategic and operational options that will maximise overall project benefits. This IPT model will in turn contribute significantly to the envisaged revitalised overall procurement strategy for both empowering and benefiting from JRM.
Wang, S (2019) An exact architectural practice: Strategies for post-digital architectural design in China’s construction context, Unpublished PhD Thesis, , The Chinese University of Hong Kong (Hong Kong).
Yip, B L P (2007) Job burnout among construction professionals in Hong Kong: A moderator model with coping strategies, Unpublished PhD Thesis, , University of Hong Kong (Hong Kong).
Zhai, Y (2022) Evaluation for optimisation: Design for assembly in panel construction , Unpublished PhD Thesis, , The Chinese University of Hong Kong (Hong Kong).
Zhao, Y (2021) Modernizing log construction system: A study on technology advancement and design strategy, Unpublished PhD Thesis, , The Chinese University of Hong Kong (Hong Kong).