Abstract: This study addresses a significant gap in the literature by proposing an optimal outcome–sharing framework within client–builder–designer relationships, specifically in design–bid–build (DBB) and design–build (DB) project ...

Abstract: Sharing of a project’s outcomes drives the contracting parties to closer cooperation. However, subcontracting and sharing with downstream contracting parties (e.g., subcontractor and sub-subcontractor) have received ...

Abstract: Incentive clauses within contracts, referred to as incentive contracts in this paper, based on a sharing of the project outcome are regarded as an important vehicle to align contractor interests with that of the owner. ...

Abstract: Predicting truck production in construction projects is one of the basic tasks within project planning and control. This paper presents an original and novel intelligent stochastic agent-based model to maximize truck ...

Abstract: Choosing between different compensation strategies is one of the major concerns of owners in construction contracts. This paper is aimed at examining the choice between behavior-based and outcome-based payment types through ...

Abstract: The reliability of a project completion time projection (PCT) is of significant concern to project managers, because it profoundly affects how a project is executed. Traditionally, such reliability has been treated as a ...

Abstract: Incentive contracts are widely used in construction to not only provide motivation but also to develop a cooperative relationship among project players. However, establishing the best outcome sharing is seen as a challenge ...