Construction Incentivization: Beyond Carrot and Stick

Construction Incentivization: Beyond Carrot and Stick

Author
Sai On CheungLiuying Zhu
Publisher
Springer Nature
Language
English
Year
2023
Page
297
ISBN
9783031289590,9783031289583,3031289595
File Type
epub
File Size
4.4 MiB

This book proposes ways to make construction project incentive schemes effective. In this book, construction incentivization is used as a collective term that includes all forms of incentive arrangements aiming to engender extra effort of the contracting parties for the improvement of project performance. This book addresses two questions: i)  why  so  many  construction  incentive  schemes  are  not  delivering  the desired  outcome?  and  ii)  what  will  make  incentive  works  under  different circumstances? This book contributes to the body of knowledge in construction incentivization by offering conceptualization, showcases and practice suggestions including guidelines for the planning of construction incentive schemes.

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