Key factors of relational partnerships in project management

Abstract

Relational partnership is one of the most widely used procurement mechanisms for construction projects. While the relational procurement is based on principles of contracting parties being cohesive and committed to work with an agreed project outcome, what really drives the success of a good relationship among the parties and the underlying factors are difficult to ascertain. Among many factors highlighted by researchers, the three widely known significant factors are communication, trust and confidence and joint risk management. Based on an empirical study in Australian construction industry, a comprehensive investigation was undertaken by the author to analyse these factors further and the..