http://hdl.handle.net/10397/2344 Search the Channel search http://repository.lib.polyu.edu.hk/jspui/simple-search http://hdl.handle.net/10397/2376 Title: An investigation of guaranteed maximum price (GMP) and target cost contracting (TCC) procurement strategies in Hong Kong construction industry<br/><br/>Authors: Chan, Daniel W. M.; Chan, Albert P. C.; Lam, Tsun-ip Patrick; Lam, W. M. Edmond; Wong, James M. W.<br/><br/>Abstract: The construction industry has long suffered from limited trust amongst contracting parties, lack of incentives and misalignment of objectives, which might eventually result in poor project performance. Consequently, the guaranteed maximum price (GMP) and target cost contracting (TCC) approaches have emerged as innovative procurement strategies for clients to minimise risks, avoid claims and integrate the diverse interests of a complex construction project. This research study aims to explore the key attributes of GMP/TCC including the underlying motives, perceived benefits, potential difficulties, key risk factors, critical success factors, overall project performance and optimal project conditions for adopting GMP/TCC scheme in Hong Kong.; A set of best practice guidelines are recommended for enhancing the successful implementation of GMP/TCC scheme in the Hong Kong construction industry. The study is significant in contributing to new knowledge and practical information of GMP/TCC applications and implementation, in both a local and international context. Given the favourable project performance outcomes, a wider adoption of GMP/TCC in both the building sector and the infrastructure sector is anticipated with the purpose of delivering projects ahead of schedule, within budget, with high quality and far less disputes or claims.<br/><br/>Description: xii, 152 p. Mon, 01 Oct 2007 00:00:00 GMT http://hdl.handle.net/10397/2371 Title: Final report of the Construction Industry Institute, Hong Kong research project on reinventing the Hong Kong construction industry for its sustainable development<br/><br/>Authors: Lee, Chack-fan; Baldwin, Andrew; Ng, S. Thomas; Chan, Albert P. C.; Chiang, Yat-hung; Kumaraswamy, Mohan M.; Lam, Patrick T. I.; Lee, Peter K. K.; Wong, James M. W.; Cheung, Wai-sin; Ng, Wei-sze; Fan, Ryan Y. C. Sat, 01 Nov 2008 00:00:00 GMT http://hdl.handle.net/10397/2354 Title: Construction safety involving working at height for residential building repair and maintenance : final report of the CII-HK research project<br/><br/>Authors: Chan, Albert P. C.; Wong, Francis K. W.; Yam, Chi-ho Michael; Chan, Daniel W. M.; Kwok, W. K. Albert; Chan, Edwin H. W.; Yiu, C. Y.; Lam, W. M. Edmond; Cheung, Esther Sat, 01 Jul 2006 00:00:00 GMT http://hdl.handle.net/10397/2350 Title: Developing a prototype for a rapid demountable platform (RDP) : stage 2 of construction safety involving working at height for residential building repair and maintenance : draft final report of the CII-HK research project<br/><br/>Authors: Chan, Albert P. C.; Wong, Francis K. W.; Yam, Chi-ho Michael; Chan, Daniel W. M.; Kwok, Albert W. K.; Siu, Michael K. W.; Liu, Chun-ho; Lam, W. M. Edmond; Wong, Peter C. W.; Lee, Wai-che; Choy, Wing-ki; Lo, Chi-hang; Chung, Tracy Sau-kwai; Cheung, Esther Sat, 01 Sep 2007 00:00:00 GMT