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Title: Developing a performance measurement index (PMI) for target cost contracts in construction : a Delphi study
Authors: Chan, DWM 
Chan, JHL
Keywords: Construction industry
Construction projects
Contract price
Hong Kong
Performance indicators
Project management
Target cost contracts
Issue Date: Nov-2012
Publisher: Sweet & Maxwell
Source: Construction law journal, Nov. 2012, v. 28, no. 8, p. 590-613 How to cite?
Journal: Construction law journal 
Abstract: Presents the findings of a research study which used a Delphi survey technique to identify the key performance indicators (KPIs) for evaluating the effectiveness of target cost contracts (TCC) in Hong Kong's construction industry. Outlines the definition of TCC, the Delphi research methodology applied in the study, the criteria for selecting the relevant panel of experts, key features of the four rounds of surveys used, and the main results. Discusses the seven KPIs identified, including mutual trust between the project partners and contractor involvement in project design.
ISSN: 0267-2359
Rights: Construction Law Journal © 2012 Sweet & Maxwell and its Contributors
Appears in Collections:Journal/Magazine Article

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