Journal article

Incentives in the Chinese construction industry

Wenzhe Tang, Maoshan Qiang, Colin F Duffield, David M Young, Youmei Lu

JOURNAL OF CONSTRUCTION ENGINEERING AND MANAGEMENT | ASCE-AMER SOC CIVIL ENGINEERS | Published : 2008

Abstract

Incentives have been increasingly applied to align the objectives of participants in the delivery of construction projects. However, little research has been undertaken to systematically study the use of such incentives. This paper reports the findings of an empirical survey of the Chinese construction industry on: the need to apply incentives; frequency of the usage of incentives; how the incentive schemes are decided; and their effectiveness in application. The incentive schemes of the Three Gorges Project is also studied, from which an incentive matrix is presented that has measures tied not only to the final results but also extended to the whole construction process to facilitate provid..

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