Please use this identifier to cite or link to this item:
http://hdl.handle.net/10397/4630
DC Field | Value | Language |
---|---|---|
dc.contributor | Department of Building and Real Estate | - |
dc.creator | Chan, DWM | - |
dc.creator | Chan, APC | - |
dc.creator | Lam, TIP | - |
dc.creator | Chan, HL | - |
dc.date.accessioned | 2014-12-11T08:28:23Z | - |
dc.date.available | 2014-12-11T08:28:23Z | - |
dc.identifier.issn | 0267-2359 | - |
dc.identifier.uri | http://hdl.handle.net/10397/4630 | - |
dc.language.iso | en | en_US |
dc.publisher | Sweet & Maxwell | en_US |
dc.rights | Construction Law Journal © 2010 Sweet & Maxwell and its Contributors | en_US |
dc.subject | Construction projects | en_US |
dc.subject | Fixed price contracts | en_US |
dc.subject | Hong Kong | en_US |
dc.subject | Risk management | en_US |
dc.subject | Target cost contracts | en_US |
dc.title | Exploring the key risks and risk mitigation measures for guaranteed maximum price and target cost contracts in construction | en_US |
dc.type | Journal/Magazine Article | en_US |
dc.description.otherinformation | Author name used in this manuscript: Patrick T.I. Lam | en_US |
dc.description.otherinformation | Author name used in this manuscript: Joseph H.L. Chan | en_US |
dc.identifier.spage | 364 | - |
dc.identifier.epage | 378 | - |
dc.identifier.volume | 26 | - |
dc.identifier.issue | 5 | - |
dcterms.abstract | This article aims to identify the key risk factors and propose some risk mitigation measures for Guaranteed Maximum Price (GMP)/Target Cost Contracts (TCC) construction projects, based upon a series of in-depth interviews on the perceptions of relevant experienced industrial practitioners in Hong Kong. The interviewees perceived unforeseen ground conditions, nature of variations and the quality of tender documents to be the three most significant risk factors associated with GMP/TCC, whilst effective risk mitigation measures include more thorough site investigations, the implementation of a partnering approach and the establishment of an adjudication committee and clear tender briefing and tender interview. | - |
dcterms.accessRights | open access | en_US |
dcterms.bibliographicCitation | Construction law journal, July 2010, v. 26, no. 5, p. 364-378 | - |
dcterms.isPartOf | Construction law journal | - |
dcterms.issued | 2010-07 | - |
dc.identifier.rosgroupid | r51344 | - |
dc.description.ros | 2010-2011 > Academic research: refereed > Publication in refereed journal | - |
dc.description.oa | Accepted Manuscript | en_US |
dc.identifier.FolderNumber | OA_IR/PIRA | en_US |
dc.description.pubStatus | Published | en_US |
Appears in Collections: | Journal/Magazine Article |
Files in This Item:
File | Description | Size | Format | |
---|---|---|---|---|
PolyU IR Submission 2010_CLJ_1.pdf | Pre-published version | 208.05 kB | Adobe PDF | View/Open |
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