Analysis of incentivised remuneration schemes in construction industries

Abstract

This paper puts forward a framework for benchmarking appropriate remuneration schemes for optimum labour productivity in highly unique construction industries in modern engineering practice. Socio-economic motivational factors among the various stakeholders have been identified and analyzed in order to incorporate in overall decision making process. The research aims to develop an automated decision support system (DSS) forecasting the best possible configuration of remuneration schemes incorporating project specific variables. The imprecision and subjectiveness of the decision making process are modeled using fuzzy set theory and multicriteria analysis. The overall framework is designed to ..