Please use this identifier to cite or link to this item: http://hdl.handle.net/10397/4847
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dc.contributorDepartment of Building and Real Estate-
dc.creatorChan, DWM-
dc.creatorLam, TIP-
dc.creatorChan, JHL-
dc.creatorMa, T-
dc.creatorPerkin, T-
dc.date.accessioned2014-12-11T08:29:09Z-
dc.date.available2014-12-11T08:29:09Z-
dc.identifier.issn8756-9728-
dc.identifier.urihttp://hdl.handle.net/10397/4847-
dc.language.isoenen_US
dc.publisherJohn Wiley & Sonsen_US
dc.rightsA Comparative Study of the Benefits of Applying Target Cost Contracts Between South Australia and Hong Kong, Daniel W.M. Chan, Patrick T.I. Lam, Joseph H.L. Chan, Tony Ma and Thomas Perkin, Project Management Journal, Volume 43/Issue 2 Copyright ©2012 Project Management Institute, Inc. Published by Wiley Periodicals, Inc.en_US
dc.subjectBenefitsen_US
dc.subjectGuaranteed maximum priceen_US
dc.subjectTarget cost contractingen_US
dc.subjectSouth Australiaen_US
dc.subjectHong Kongen_US
dc.titleA comparative study of the benefits of applying target cost contracts between South Australia and Hong Kongen_US
dc.typeJournal/Magazine Articleen_US
dc.description.otherinformationAuthor name used in this manuscript: Patrick T. I. Lamen_US
dc.identifier.spage4-
dc.identifier.epage20-
dc.identifier.volume43-
dc.identifier.issue2-
dc.identifier.doi10.1002/pmj.21255-
dcterms.abstractThis article aims to identify and analyze the key benefits of adopting Guaranteed Maximum Price and Target Cost Contracts (GMP/TCC) over and above the traditional lump-sum contractual arrangement through an empirical questionnaire survey conducted in South Australia and compared with the findings in Hong Kong. The Mann-Whitney U Test indicated differences in perception between the two groups of respondents on the majority of the identified benefits. The study has provided an in-depth understanding of the perceived benefits of the GMP/TCC scheme, hence leading to a wider application of those alternative integrated procurement strategies in both regions for reference by the construction community at large.-
dcterms.accessRightsopen accessen_US
dcterms.bibliographicCitationProject management journal, Apr. 2012, v. 43, no. 2, p. 4-20-
dcterms.isPartOfProject management journal-
dcterms.issued2012-04-
dc.identifier.isiWOS:000301485100002-
dc.identifier.scopus2-s2.0-84858673510-
dc.identifier.eissn1938-9507-
dc.identifier.rosgroupidr56931-
dc.description.ros2011-2012 > Academic research: refereed > Publication in refereed journal-
dc.description.oaAccepted Manuscripten_US
dc.identifier.FolderNumberOA_IR/PIRAen_US
dc.description.pubStatusPublisheden_US
Appears in Collections:Journal/Magazine Article
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