scholarly journals Psychological Contract of Buyer-Supplier Relationships in Construction Projects: An Analysis Based on Game Theory

Complexity ◽  
2021 ◽  
Vol 2021 ◽  
pp. 1-12
Author(s):  
Qi Luo ◽  
Kun Lu
Keyword(s):  
Psychological Contract ◽  
Construction Projects ◽  
Evolutionary Game ◽  
Construction Project ◽  
Repeated Game ◽  
Psychological Contracts ◽  
Project Performance ◽  
The Other ◽  
Supplier Relationships ◽  
The Relationship

Expect for formal contracts, there are informally unwritten psychological contracts (PC) in the relationship between buyer and supplier for construction projects. The PC can affect the construction project performance and even cause project failure, but its process and formation are complex and not comprehensive in existing researches. This paper analyzes the PC between buyer and supplier by using evolutionary game and repeated game to tackle this gap. The results show the following: (1) the goodwill and interest have an important impact on PC fulfillment. (2) The PC is vulnerable; for example, once either one fails to perform PC, the other will also destroy PC, and then the construction project will enter a vicious circle. (3) In the process of repeated game, the effect of goodwill will gradually disappear, and the interest will play a major role. (4) If the project performance is only linked to one participant, it will lead to breach from another player. Some measures may help both sides to complete PC, such as making both sides profitable, increasing the emphasis on business reputation, and improving the relevance of construction projects performance.

scholarly journals Impact of Construction Productivity Attributes Over Construction Project Performance in Indian Construction Projects

2019 ◽  
Vol 50 (1) ◽  
pp. 89-96 ◽  
Author(s):  
Saurav Dixit ◽  
Kinshuk Saurabh
Keyword(s):  
Construction Projects ◽  
Positive Impact ◽  
Construction Project ◽  
Project Performance ◽  
Construction Productivity ◽  
Complex Projects ◽  
High Degree ◽  
The Relationship ◽  
Creative Construction ◽  
Similar Kind

Performance of a construction project could be influenced by a number of attributes, especially large and complex projects lay additional focus on the success / failure attributes, because of the intensive amount of money invested, a high degree of uncertainty, the complexity of personnel’s required, a multiplicity of goals and problems in coordination between different stakeholders encountered. In this research paper, the author intended to define and examine the relationship and impact of construction productivity (CP) over construction project performance (CPP). The author tests the proposition that there is a positive relationship/impact between both of them. And to test the effect of factors is affecting CP on CPP and to propose a conceptual model on the basis of the analysis. To validate the mathematical validity of factor analysis, Spearman correlation analysis has been performed on the factors. And to check the reliability of all the factors using reliability analysis, and finally test the hypothesis that construction productivity is having a positive impact on project performance using one sample t-test. The findings of the study concluded that there is a positive impact of construction productivity on project performance in Indian construction projects. This paper attempts to identify the relationship between CP and CPP and recommends the framework for the industry to grow sustainably and deliver projects successfully. This study is conducted using a structured questionnaire survey in India and to validate the results of the study similar kind of study is required to be conducted in the other regions of the country to have more reliable findings."This paper is the revised version of the paper that has been published in the proceedings of the Creative Construction Conference 2018: Dixit, S., Mandal, S. N., Thanikal, J. V, & Saurabh, K. (2018). Construction Productivity and Construction Project Performance in Indian Construction Projects, m(July), 379–386. https://doi.org/10.3311/CCC2018-050".

PERFORMANCE OF REQUEST FOR INFORMATION (RFI) MANAGEMENT

2016 ◽  
Vol 3 (2) ◽  
Author(s):  
Muhamad Abduh ◽  
Farrel Adam
Keyword(s):  
Construction Projects ◽  
Construction Project ◽  
Project Performance ◽  
The Other ◽  
Joint Operation ◽  
Building Projects ◽  
Language And Culture ◽  
Communication Problem ◽  
Other Hand ◽  
International Joint

Request for information (RFI) is considered as one of the important administrative tools in construction projects. It can be used as an indicator on how well the coordination between parties, especially between contractors and engineers and/or supervisors, performed in a project. Delays in a construction project could be identified by analyzing the RFI documents, but on the other hand, they could also be caused by poor administrative in handling the RFI documents and by delays in processing RFIs. This paper reviews the performance of four building projects in handling their RFI documents. The four buildings were constructed by a national joint-operation contractor, designed and supervised by an international joint-operation consultant. The RFI responses and wok-in-process were used to measure the project’s performance in handling the RFI documents; from the contractor’s and the engineer’s point of views. The analysis results show that the engineer had been very responsive in processing RFIs, while the contractor had difficulties. In general, the contractor was lack of capable personnel in handling RFIs for all four buildings. Moreover, communication problem was the key of the project’s performance due to different language and culture. The authors believed that the results of the analysis would influence to the overall project performance.

scholarly journals ENHANCING CONSTRUCTION INTERFACE MANAGEMENT USING MULTILEVEL INTERFACE MATRIX APPROACH / RYŠIŲ VADYBOS STATYBOJE GERINIMAS TAIKANT ĮVAIRIALYGIŲ RYŠIŲ MATRICOS METODĄ

2012 ◽  
Vol 18 (1) ◽  
pp. 133-144 ◽  
Author(s):  
Fu-Cih Siao ◽  
Yu-Cheng Lin
Keyword(s):  
Construction Projects ◽  
Construction Project ◽  
Project Performance ◽  
Management Tool ◽  
Pilot Test ◽  
The Novel ◽  
Matrix Approach ◽  
Interface Management ◽  
Additional Work ◽  
Project Participants

Many interfaces typically exist in the construction phase of a project. Since project participants usually fail to share interface information, most interfaces are difficult to solve effectively during that phase. Furthermore, future activities might not be implemented based on changes made by predecessors. In practice, failure to manage interfaces may result in additional work or in low project performance. In order to manage construction interfaces effectively, this study proposes the novel Multilevel Interface (MI) Matrix approach to enhance interface management during the construction phase of construction projects. By using the MI matrix approach, construction interface issues will be tracked and man-aged easily and effectively. Furthermore, this study develops a construction web matrix-based interface management (WMIM) system integrated with the proposed MI Matrix approach. The MI matrix approach and WMIM system are applied to a pilot test to illustrate how to support interface management during the construction project. As results of the pilot test indicate, the MI matrix approach and WMIM system provide an effective interface management tool for the construction phase. Santrauka Statybos projekto statybos darbų etapui būdinga tai, kad su įvairiais subjektais palaikoma gausybė ryšių. Daugumą jų šiame etape veiksmingai palaikyti dažniausiai ne itin lengva, nes projekto dalyviai paprastai informacija apie juos nesidalija. Be to, perimantys darbą gali ir nesiremti savo pirmtakų padarytais pakeitimais. Praktine prasme nesugebant valdyti ryšių, gali tekti darbus perdaryti arba projekto efektyvumas gali sumažėti. Efektyviam su statyba susijusių ryšių valdymui šiame darbe siūlomas novatoriškas įvairialygių ryšių (ĮR) matricos metodas, leidžiantis pagerinti ryšių valdymą statybos projekto statybos darbų etape. Taikant ĮR matricos metodą lengva veiksmingai sekti ir valdyti statybų ryšių klausimus. Be to, atliekant tyrimą sukuriama projekto dalyviams skirta internetinė matricinė statybų ryšių valdymo (WMIM) sistema, į kurią įtrauktas siūlomas ĮR matricos metodas. Taip pat, taikant ĮR matricos metodą ir WMIM sistemą, atliekamas bandymas, rodantis, kaip jie padeda valdyti statybos projekto ryšius. Bandymo rezultatai rodo, kad ĮR matricos metodas ir WMIM sistema – tai efektyvi ryšių valdymo priemonė statybos darbų etape.

scholarly journals ANALISIS KETERLAMBATAN PROYEK SERTA DAMPAKNYA TERHADAP BIAYA DAN WAKTU PELAKSANAAN PROYEK

2019 ◽  
Vol 5 (1) ◽  
pp. 13-19
Author(s):  
Fitri Nur Kharina ◽  
Kusno Adi Sambowo
Keyword(s):  
Construction Projects ◽  
Construction Project ◽  
Project Performance ◽  
Project Work ◽  
Earned Value ◽  
Time Period ◽  
Review Period ◽  
The Difference ◽  
The Cost ◽  
The Impact

Construction projects in all regions continues to be developed for the creation of facilities that can be utilized by the community. One of them is the construction of apartments which are now being intensively carried out to meet residential needs for the community. Making a construction project plan always refers to estimates that exist at the time development plan is made, therefore problems can arise if there is a discrepancy between the plans that have been made and the actual reality. So the impact that often occurs is the delay in the time of project implementation which can also be accompanied by an increase in the cost of implementing the project. In the construction project of Cinere Terrace Suites Apartemen & Citywalk, Jakarta there was a delay resulting in a late payment of monthly bill progress by the owner. Based on the above reasons, this research was conducted to find out how the project performance was seen from the cost and time period of the review period. how is the estimated cost and time to complete the overall project work. The method used in the analysis of this study is the Earned Value Method. Based on the results of the analysis carried out for 29 weeks the project performance on schedule has been delayed and cost shows a positive value. For the estimated completion time of the project there is an increase in time whose duration increases from the planned 98 weeks or 685 days to 109,624 weeks or 768 days. While the estimated cost of completing the project from the results of the analysis obtained a value of Rp. 270,147,448,569.16 smaller than the planned cost of Rp. 315,272,727,272.73. With the difference VAC of Rp. 45,125,278,703.57 this shows that there are benefits obtained by the contractor.

Guanxi orientation, value creation and value capture in buyer-supplier relationships: a dyadic perspective

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Lucy Sojung Lee ◽  
Weiguo Zhong
Keyword(s):  
Value Creation ◽  
Design Methodology ◽  
The Other ◽  
Matched Sample ◽  
Value Capture ◽  
Supplier Relationships ◽  
Content Type ◽  
Specific Investments ◽  
The Relationship ◽  
Positive Effect

Purpose This paper aims to investigate the importance and prevalence of Guanxi in business interactions in network-based societies such as China, few studies have the phenomenon from a dyadic view. In a business dyad, one partner may not value Guanxi and take it as a template for actions as the other does. Design/methodology/approach The authors propose that such collective and asymmetric Guanxi orientation influence both the creation and distribution of relational rent in a Guanxi dyad. Furthermore, relationship-specific investments (RSIs) moderate the relationship between dyadic Guanxi orientation and relational rent creation and distribution. Findings Based on a matched sample of supplier-buyer dyads in China, the authors find that joint Guanxi orientation is positively related to joint pie creation, whereas Guanxi orientation imbalance has a positive effect on the pie distribution imbalance. Originality/value These results contribute to the literature by revealing how dyadic Guanxi dynamics and practices affect dyadic performance and providing managers with meaningful implications for dyadic Guanxi management.

Impact of transactional, relational and balanced contract on affective commitment

2020 ◽  
Vol 70 (1) ◽  
pp. 131-149
Author(s):  
Nishant Singh ◽  
Harsha Tyagi ◽  
Umesh Bamel
Keyword(s):  
Organizational Behavior ◽  
Psychological Contract ◽  
Design Methodology ◽  
Affective Commitment ◽  
Meaningful Work ◽  
Psychological Contracts ◽  
Content Type ◽  
Manufacturing Organizations ◽  
The Impact ◽  
The Relationship

PurposeThis paper is aimed at examining the impact of three types of psychological contracts such as transactional, relational and balanced contract on affective commitment by keeping meaningful work (MFW) as a mediator in this relationship.Design/methodology/approachThe data of 355 employees was collected from the large heavy Indian manufacturing organizations. The mediation path was analyzed through SPSS macro computational tool, i.e. PROCESS.FindingsThe result suggests that MFW partially mediates the relationship between all three types of psychological contract and affective commitment.Originality/valueThe study adds value to research in organizational behavior and human psychology by providing new insights on employee-employer relationships, MFW, and commitment.

Exploring influential factors leading to the poor performance of public construction project in Ethiopia using structural equation modelling

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Benti Gadisa ◽  
Hong Zhou
Keyword(s):  
Construction Industry ◽  
Construction Projects ◽  
Construction Project ◽  
Poor Performance ◽  
Project Performance ◽  
Influential Factors ◽  
Project Design ◽  
Content Type ◽  
Factors Affecting ◽  
Public Construction

PurposeIt is well recognized that the construction industry is characterised by inefficient and ineffective service delivery due to various causative factors. Thus this study aims to examine the influential factors affecting public construction project performance in Ethiopia to improve the industry's service delivery.Design/methodology/approachFrom the extensive literature reviewed, 58 potential factors affecting construction project performance have been compiled. Based on the evidence accumulated, the conceptual model of this paper has been developed. By using survey questionnaires, valuable data were collected from the construction industry professionals in Ethiopia; analysed and interpreted with the use of both SPSS and AMOS software.FindingsIt is concluded that failure factors related to the “performance” of the contractor, the “capability” of the owner, the “project design-procurement process,” and project contract management can significantly contribute to the poor performance of public construction projects in Ethiopia. Ten key factors include inadequate contractor capacity, weak project site management and supervision, weak project management skills and capabilities of the owner, additional work orders, delayed payment, lack of comprehensive project plans between parties and incomplete project design, rising material prices, ineffective project schedules, and cost management, rising market prices and devaluation of the currency.Research limitations/implicationsThe scope of this study confined to public projects in Ethiopia. It suggests that further research needs to consider public and private construction from a comprehensive perspective in the developing countries.Practical implicationsIt provides practitioners with information and guidance on the factors that affect the performance of construction projects.Originality/valueIt provides inclusive evidence related to many factors that affect the performance of public construction projects.

Research on the Relationship between the Characteristics of the Trustee and Trust in Construction Projects

2012 ◽  
Vol 468-471 ◽  
pp. 1435-1438
Author(s):  
Wei Ping Jiang ◽  
Qian Zhang ◽  
Yun Le ◽  
Jian Fang
Keyword(s):  
Transaction Cost ◽  
Construction Projects ◽  
Project Performance ◽  
The Relationship ◽  
Promise Keeping

There is in lack of trust in construction projects. It is criticized by many scholars. Trust has the function of decreasing transaction cost and improving project performance. The characteristics of the trustee have important function on occurrence of trust. More specifically, the trustee’s reputation, competence and promise keeping contribute to occurrence of trust.

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