Incentivizing Relationship Investment for Project Performance Improvement

IF 5.1 2区 管理学 Q1 MANAGEMENT
Liuying Zhu, S. Cheung
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引用次数: 3

Abstract

Collaboration between developers and contractors is pivotal to the efficient completion of construction projects. Relational contracting practice has been used to promote working partnerships. Construction incentivization can be a valuable contractual tool to build relationships. This study proposes that incentivization can serve as an instrumental means to forge interorganizational relationships and corresponding project performance improvements. With data collected from experienced construction professionals, the hypotheses are empirically supported by structural equation modeling. It is therefore concluded that in addition to its conventional uses, incentivization can be innovatively designed to develop and manage interorganizational relationships and engender project performance improvement.
激励关系投资以提高项目绩效
开发商和承包商之间的合作是高效完成建设项目的关键。关系合同实践已被用于促进工作伙伴关系。建设激励是建立关系的一种有价值的合同工具。本研究提出,激励可以作为建立组织间关系和相应的项目绩效改进的工具手段。从经验丰富的建筑专业人员那里收集数据,通过结构方程模型对假设进行实证支持。因此得出的结论是,除了其传统用途之外,还可以创新地设计激励措施,以发展和管理组织间关系并促进项目绩效的改进。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
9.30
自引率
14.00%
发文量
40
期刊介绍: Project Management Journal (PMJ) is the academic and research journal of the Project Management Institute and features state-of-the-art research, techniques, theories, and applications in project management. Projects represent a growing population of human activity in large, small, private, and public organizations. Projects are used to execute and sustain today's organizational activities. They play a fundamental role as the engine of tomorrow's innovation, value creation, and strategic change. However, projects often fail to deliver their promise. PMJ addresses these multiple challenges and opportunities by encouraging the development and application of novel theories, concepts, frameworks, research methods, and designs. PMJ embraces contributions both from within and beyond project management to augment and transform theory and practice.
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