Description
In today's era a lot of the construction projects suffer from time delay, cost overrun and quality defect. Incentive provisions are found to be a contracting strategy to address this potential problem. During last decade incentive mechanisms have gained importance, and they are starting to become adopted in the construction projects. Most of the previous research done in this area was purely qualitative, with a few quantitative studies. This study aims to quantify the performance of incentives in construction by collecting the data from more than 30 projects in United States through a questionnaire survey. First, literature review addresses the previous research work related to incentive types, incentives in construction industry, incentives in other industry and benefits of incentives. Second, the collected data is analyzed with statistical methods to test the significance of observed changes between two data sets i.e. incentive projects and non-incentive projects. Finally, the analysis results provide evidence for the significant impact of having incentives; reduced the cost and schedule growth in construction projects in United States.
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Details
Title
- Quantifying the impact of incentives on cost and schedule performance of construction projects in United States
Contributors
- Paladugu, Bala Sai Krishna (Author)
- El Asmar, Mounir (Thesis advisor)
- Ernzen, James (Committee member)
- Sullivan, Kenneth (Committee member)
- Arizona State University (Publisher)
Date Created
The date the item was original created (prior to any relationship with the ASU Digital Repositories.)
2015
Subjects
Resource Type
Collections this item is in
Note
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thesisPartial requirement for: M.S., Arizona State University, 2015
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bibliographyIncludes bibliographical references (pages 32-35)
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Field of study: Construction
Citation and reuse
Statement of Responsibility
by Bala Sai Krishna Paladugu