Joint venture behaviour in construction industry : an Australia case study
Cheung, Yan Ki Fiona (2009) Joint venture behaviour in construction industry : an Australia case study. In 5th International Conference on Multi-National Joint Ventures for Construction Works, International Islamic University Malaysia, Kuala-Lumpur.
Joint ventures can take many forms and can be formed for different reasons, from sharing resources to creating future business opportunities. At the same time, there is increasing interest and discussion of alternative procurement methods, moving away from traditional procurement systems to relational approaches. Business systems and strategies need to be redefined and move from a short-term project to project culture to a more strategic, long-term perspective. Joint ventures of construction organisations, global and local, have become increasingly popular to deliver large-scale infrastructure construction projects. However, successful strategic collaborations require project organisations to formulate a fit between contractual and operational arrangements for each situation.
This study reviews the movement from traditional procurement methods towards relational contracting approaches in Queensland, Australia. The study examines the organisational factors that facilitates sustainable relationship between project organisations and hence, lead to long-term business success. This paper reports on initial findings captured from a survey undertaken with construction contracting organisations in Australia, focusing on the supply chain relationships. Contractors’ perceptions of the relationship management process and the engagement of the supply chain are also presented.
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|Item Type:||Conference Paper|
|Keywords:||Australia, commitment, organisational structuring, procurement methods, relational contracting|
|Subjects:||Australian and New Zealand Standard Research Classification > BUILT ENVIRONMENT AND DESIGN (120000) > BUILDING (120200) > Building Construction Management and Project Planning (120201)|
|Divisions:||Past > QUT Faculties & Divisions > Faculty of Built Environment and Engineering|
Past > Institutes > Institute for Sustainable Resources
Past > Schools > School of Urban Development
|Copyright Owner:||Copyright 2009 Please consult the author.|
|Deposited On:||10 Nov 2009 09:53|
|Last Modified:||01 Mar 2012 00:03|
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