Transaction-related issues and construction project performance

Li, Huimin; Arditi, David; Wang, Zhuofu

doi:10.1080/01446193.2012.655254

Cited by 38 publications

(20 citation statements)

References 65 publications

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“…In addition to the critical success factors that have been identified in the literature, the impact of two other moderate factors has been investigated, Project Benchmark Characteristics (PBC) and Project External Environments (PEE), which are believed to affect the relationship between the critical success factors and project critical delays (Park, 2009;Tan & Ghazali, 2011;Yang, Huang & Wu, 2011;LI, Arditi & Wang, 2012;Gudienė et al, 2013;Yong & Mustaffa, 2013;Gudienė et al, 2014). In the available literature, project Benchmark characteristics and project external environments have long been disregarded as being critical success factors; however, many construction projects witnessed status of failure due to problems within projects (Thi and Swierczek, 2010).…”

Section: Moderator Factors Reviewmentioning

confidence: 99%

“…According to several researchers, project size, value, uniqueness of project activities, the density of project and project urgency were specified as major critical success factors within the project (Ng, Wong & Wong, 2012;Gudienė et al, 2013;Zhao et al, 2013;Gudienė et al, 2014;Yang et al, 2015;Shehu et al, 2014;LI et al, 2012;Yong & Mustaffa, 2013;Tan & Ghazali, 2011). In addition to that, Gudienė et al (2014) pointed out that several large construction projects that contain more than 100 activities exceed their contractual deadlines.…”

Section: Moderator Factors Reviewmentioning

confidence: 99%

“…In addition to that, Gudienė et al (2014) pointed out that several large construction projects that contain more than 100 activities exceed their contractual deadlines. Also, several researchers highlighted that; the project manager's performance in the work can be significantly affected by the uniqueness of the construction activities (LI et al, 2012;Gudienė et al, 2013;Yong & Mustaffa, 2013;Gudienė et al, 2014). They believed that, it is easier for project managers to plan, schedule and monitor construction project activities if a project has tasks that are more standard rather than complex activities.…”

Section: Moderator Factors Reviewmentioning

confidence: 99%

“…Some researchers related urgency to project success (Gudienė et al, 2014). On the other hand, project performance criteria for some cases are not met due to the urgency impact (Yang et al, 2011;LI et al, 2012). From the presented literature review and many previous several researches, two moderator factors were identified in several studies and listed with their attributes in Table 2.…”

Section: Moderator Factors Reviewmentioning

confidence: 99%

See 3 more Smart Citations

Analysis of Critical Success Factors Influence on Critical Delays for Water Infrastructure Construction Projects in the Abu Dhabi emirate Using PLS-SEM Method

Altarawneh¹,

Thiruchelvam²,

Samadi³

2018

IBR

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The objective of this study is to investigate the significance impact of critical success factors on critical delays in the field of water infrastructure construction projects (WICPs) in the Abu Dhabi emirate in particular. Investigation was conducted utilizing quantitative approach by means of questionnaire survey to examine the understanding of professionals engaged in water infrastructure construction towards several critical success factors influencing critical delays. A total of 323 completed responses from owners, consultants and contractors representatives were gathered against 450 distributed questionnaires.The gathered questionnaires were analysed using an advanced multivariate statistical method of P artial Least Square Structural Equation Modelling (PLS-SEM). Data analysis was conducted in two major phases. The first phase involved a preliminary analysis of the data, to ensure that the data adequately meet the basic assumptions in using SEM. The second phase applied the two stages of SEM. The first stage included the establishment of measurement models for the latent constructs in the research. After confirming the uni-dimensionality, reliability and validity of the constructs in the first stage, the second stage developed to test the research hypotheses through developing the structural models. The results indicated

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Section: Moderator Factors Reviewmentioning

confidence: 99%

Section: Moderator Factors Reviewmentioning

confidence: 99%

Section: Moderator Factors Reviewmentioning

confidence: 99%

Section: Moderator Factors Reviewmentioning

confidence: 99%

See 2 more Smart Citations

Analysis of Critical Success Factors Influence on Critical Delays for Water Infrastructure Construction Projects in the Abu Dhabi emirate Using PLS-SEM Method

Altarawneh¹,

Thiruchelvam²,

Samadi³

2018

IBR

View full text Add to dashboard Cite

show abstract

“…Post-contract costs are commonly associated with monitoring and control, dispute resolution, and implementation activities for projects. In countries such as Australia, the UK and USA, conflicts and disputes could inflict a high cost on the construction industry (Li et al, 2012), while the situation is similar in New Zealand. Whittington's (2008) …”

Section: Transaction Costs In Constructionmentioning

confidence: 99%

Procurement Selection Model: Development of a Conceptual Model Based on Transaction Costs

Rajeh

Tookey

Rotimi

2014

AJCEB-Conerence Series

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Procurement is a major improvement area and a crucial element contributing to project success, and the selection of an optimal procurement system is an important and difficult step in project execution. The criteria for choosing suitable procurement methods are based on client's objectives and priorities, and influenced by project constraints. The procurement path determination chart has largely dominated research in procurement selection process in construction. Eight factors need to be considered by the client when developing procurement selection criteria. At the procurement strategy the focus should be on factors such as cost, quality, and time, while at the procurement route the consideration should focus on complexity, certainty, risk, responsibility, and degree of control by the client. However, including certain criteria and ignoring the magnitude of transaction costs (TCs) associated with uncertainties in the transaction environment simplifies this process. This study addresses this shortcoming by combining evaluation criteria with TCs incurred because of external and internal environmental uncertainties in a theoretical model on procurement selection. This is achieved by developing a conceptual framework model based on TCs. Uncertainties in the transaction environment have a positive or negative impact on the magnitude of TCs such as information, procurement, administration, and enforcement. The model represents an analytical form of a suitable combination of factors influencing procurement systems, which guide procurement decisions. The model will increase understanding of how efficient procurement selection of construction projects can be achieved through appropriate procurement procedures, which could positively impact project performance.

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Factors Influencing Transaction Costs in Construction Projects: A Critical Review

Jin

Zhang

et al. 2016

Proceedings of the 20th International Symposium on Advancement of Construction Management and Real Estate

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Transaction-related issues and construction project performance

Cited by 38 publications

References 65 publications

Analysis of Critical Success Factors Influence on Critical Delays for Water Infrastructure Construction Projects in the Abu Dhabi emirate Using PLS-SEM Method

Analysis of Critical Success Factors Influence on Critical Delays for Water Infrastructure Construction Projects in the Abu Dhabi emirate Using PLS-SEM Method

Procurement Selection Model: Development of a Conceptual Model Based on Transaction Costs

Factors Influencing Transaction Costs in Construction Projects: A Critical Review

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