Effectiveness Evaluation of Contract Incentives on Project Performance

Autor:	Guillermo Mejia-Aguilar S.M. Asce, M.Asce David Grau Ph.D., M.Asce W. Edward Back Ph.D.
Rok vydání:	2013
Předmět:	Project charter Project planning Incentive Process management Basis of estimate Project sponsorship Operations management Building and Construction Business Schedule (project management) Project portfolio management Education Project management triangle
Zdroj:	International Journal of Construction Education and Research. 9:288-306
ISSN:	1550-3984 1557-8771
DOI:	10.1080/15578771.2012.729551
Popis:	Incentive plans are predetermined contract strategies designed to motivate project personnel and/or organizations to achieve prescribed project performance objectives. Incentive plans may be designed in a variety of ways and can be used singularly or in combination, allowing project sponsors to apply several different motivational strategies concurrently on a given project. This article addresses the issue of incentive effectiveness and investigates the actual influence of incentive strategies on measures of project performance. Data was collected in two phases and included capturing case study information from multiple project organizations and a subsequent detailed survey instrument that included over 90 project respondents. The findings indicate that the implementation of contract incentive strategies can have widely varied levels of effectiveness and may not actually yield the assumed benefits to overall measures of cost and schedule performance. Furthermore, some projects reported that incentives act...
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::2717d33f80a4d5c90fea343d64bd71a7 https://doi.org/10.1080/15578771.2012.729551 Zobrazit plný text záznamu