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10008219
Analysis of the Interference from Risk-Determining Factors of Cooperative and Conventional Construction Contracts
Abstract:
As a result of intensive competition, the building sector is suffering from a high degree of rivalry. Furthermore, there can be observed an unbalanced distribution of project risks. Clients are aimed to shift their own risks into the sphere of the constructors or planners. The consequence of this is that the number of conflicts between the involved parties is inordinately high or even increasing; an alternative approach to counter on that developments are cooperative project forms in the construction sector. This research compares conventional contract models and models with partnering agreements to examine the influence on project risks by an early integration of the involved parties. The goal is to show up deviations in different project stages from the design phase to the project transfer phase. These deviations are evaluated by a survey of experts from the three spheres: clients, contractors and planners. By rating the influence of the participants on specific risk factors it is possible to identify factors which are relevant for a smooth project execution.
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References:

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[2] Albert P. C. Chan, Daniel W. M. Chan, Y. H. Chiang, B.S.Tang, Edwin H. W. Chan and Kathy S. K. Ho, “Exploring Critical Success Factors for Partnering in Construction Projects”, Journal of construction engineering and management, 2004, pp. 188-198.
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[6] H. Bennett, S. Jayes, “Trusting the Team: The Best Practice Guide to Partnering in Construction”, Reading, 1995.
[7] S. Haghsheno, “Analyse der Chancen und Risiken des GMP-Vertrags bei der Abwicklung von Bauprojekten. Berlin: Mensch & Buch Verlag, 2004, p. 23.
[8] T. A. Busch, „Holistisches und Probabilistisches Risikomanagement-Prozessmodell für projektorientierte Unternehmen in der Bauwirtschaft“, http://e-collection.library.ethz.ch/eserv/eth:28178/eth-28178-02.pdf, date of access: 17.08.2017, p. 45.
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