UID:
almahu_9949383110702882
Umfang:
1 online resource :
,
illustrations (black and white)
ISBN:
9781317229261
,
1317229266
,
9781317229278
,
1317229274
,
9781317229254
,
1317229258
,
9781315624532
,
1315624532
Serie:
Spon research,
Inhalt:
The problems inherent in the traditional design-bid-build procurement method often lead to the adversarial working relationships within the construction industry. Target cost contracts, accompanied by a gain-share/pain-share arrangement serving as a cost incentive mechanism, have emerged in the United States, the United Kingdom, Australia and Hong Kong with the aim of achieving better value for money and more satisfactory overall project performance under a collaborative working relationship. This book presents the underlying principles, practicalities and a series of short case studies of applying the target cost contracting strategy. Principles begin with the fundamentals then cover the development of target cost contracting in major countries/cities, definitions of target cost contracting, perceived benefits, potential difficulties and critical success factors for implementation. Practices include the target cost contracting approach and process in general, the key risk factors, risk assessment model, risk allocation and risk mitigation measures for target cost contracts in particular, together with a conceptual framework for the performance measurement of target cost contracts. Several short real-life case studies from the United Kingdom, Hong Kong, Australia and New Zealand are provided for further illustration. The book will appeal to a wide spectrum of readers from industrial practitioners to undergraduate students, researchers and academics interested in construction contracts and procurement methods.
Anmerkung:
pt. I. Principles of target cost contracting -- pt. IIA. Practices of target cost contracting -- pt. IIB. Performance measurement in target cost contracts -- pt. III. Case studies in target cost contracts.
Weitere Ausg.:
Print version : ISBN 9781138651906
Sprache:
Englisch
Schlagwort(e):
Electronic books.
;
Electronic books.
URL:
https://www.taylorfrancis.com/books/9781315624532
URL:
https://www.taylorfrancis.com/books/9781315624532
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