The construction industry is a complex sector that places high demands on project management, planning, and implementation. Significant progress has been made in recent decades regarding the delivery of extensive construction projects, including the adoption of new building techniques, improved risk management systems, and enhanced safety measures. However, a lack of efficiency persists in the construction industry in many countries. This is due to issues within projects, such as time and cost overruns, conflicts among stakeholders, limitations in productivity improvement, quality development, and inadequate customer satisfaction. Following this, many researchers and society at large have called for a change in attitudes, behavior, and practices to increase the chances of successful construction projects to improve the result of the final products. With increased complexity, uncertainty, and time constraints in construction projects, there has been a growing need for collaboration among various project stakeholders. The purpose of this study is to describe and explain the choices made by clients in the procurement process and what contractors prefer. Based on other studies finding that collaborative procurement procedures enhance project performance, this thesis wants to analyze clients’ and contractors’ views regarding collaborative procurement procedures. Additionally, moral-hazard is a component of procurement strategies and contracts, particularly in more complex transactions that involve interaction, which significantly affects the construction industry. Therefore, it is an important aspect to look at how the construction industry works to prevent the emergence of moral-hazard. Based on semi-structured interviews conducted with nine respondents, comprising of five respondents from the contractor side, three from the client side, and one consultant. It has provided insight into how collaboration and moral hazard are perceived. We can conclude that the client's choice of procedure in the procurement process is often closely linked to the selected form of contract. When clients select a form of contract or when contractors submit bids, it appears to be based on the company's expertise, tradition, or what best suits the project. Those who feel skilled or comfortable with partnering tend to choose partnering more frequently. The strategic choices are also shaped by a systematic and thoughtful decision-making process, consciously or unconsciously, to reduce the risk of opportunistic behavior that may occur.
Identifer | oai:union.ndltd.org:UPSALLA1/oai:DiVA.org:hh-51058 |
Date | January 2023 |
Creators | Morina, Erblin, Bengtsson, Isak |
Publisher | Högskolan i Halmstad, Akademin för företagande, innovation och hållbarhet |
Source Sets | DiVA Archive at Upsalla University |
Language | Swedish |
Detected Language | English |
Type | Student thesis, info:eu-repo/semantics/bachelorThesis, text |
Format | application/pdf |
Rights | info:eu-repo/semantics/openAccess |
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