6533b7dafe1ef96bd126eaad

RESEARCH PRODUCT

Factors affecting the choice of construction project delivery in developing oil and gas economies

Andrew PetersenTimothy Michael LewisHector Martin

subject

EngineeringGlobal energyRelation (database)business.industryIntegrated project delivery05 social sciencesFossil fuel0211 other engineering and technologiesDeveloping country02 engineering and technologyBuilding and ConstructionGeneral Business Management and AccountingProcurementEconomy021105 building & construction0502 economics and businessArchitectureMarketingSet (psychology)businessInclusion (education)050203 business & management

description

ABSTRACTConstruction academics and practitioners often disagree on which set of factors should take precedence over another and the basis for their inclusion in selecting a project delivery method. This disagreement exacerbates the probability of project failure, which could be detrimental to developing economies. Despite significant cost overruns and these economies being the largest contributors towards global energy sector growth, there is limited knowledge on appropriate factors to be used for selecting project delivery methods in developing oil and gas nations. An evaluation undertaken in Trinidad reveals there are no significant differences in the mean expressed by 133 professionals in relation to 48 variables obtained from the literature on project delivery selection. However, there were several differences in the respondents' views, based on their roles as client, contractor, or consultant. Using principal component analysis, all 48 variables were reduced to 11 factors, which were confirmed using ...

https://doi.org/10.1080/17452007.2016.1151762