Trust in Construction Projects

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A01=Anita Ceric
Adverse Selection
agent
Author_Anita Ceric
building trust in project teams
Category=KCD
Category=KJM
Communication Protocols
communication risk mitigation
construction management
Construction Management Field
Construction Management Literature
Construction Project Management
Contractor's Project Manager
contractors
Delphi Method
Delphi Round
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
Exploratory Survey
field
information asymmetry
institutional economics
Inter-firm Trust
Intra-firm Relationships
Main Keyword
management
manager
Multi-attribute Utility Theory
Multiattribute Utility Theory
Non-contractual Relationships
Normalised Utility Function
owner
parties
principal
Principal Agent Theory
project delivery methods
Project Managers
Project Owner
Project Parties
Risk Minimisation Strategy
stakeholder collaboration
theory
Tr Ac
transaction
Transaction Cost Theory
Utility Function Values

Product details

  • ISBN 9781138814165
  • Weight: 385g
  • Dimensions: 156 x 234mm
  • Publication Date: 26 Nov 2015
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Hardback
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The relationship between project managers representing project owners and those on the contractor side is often threatened by communication risk. The main communication risk minimization strategy in the construction phase is trust, which plays a major role in the success of key working relationships across the construction industry. This book investigates this phenomenon, and goes on to show that once developed, trust outshines all other strategies of communication risk minimization and is essential for project success.

As part of this investigation, communication risk in construction projects is examined in detail, with a particular focus on the effects of information asymmetry on working relationships. Drawing on many years of empirical research involving project managers working internationally, Trust in Construction Projects also provides strategies to minimize information asymmetries in order to build trust, and ensure the success of construction projects.

By increasing understanding of trust in construction projects, this book adds an important new perspective to the fields of construction management and project management. This is essential reading for researchers and students, as well as practitioners in these fields.

Anita Cerić is a Professor at the Department of Construction Management and Economics at the Faculty of Civil Engineering at the University of Zagreb, Croatia. She is also a Visiting Professor at the University of Applied Sciences in Wiesbaden in Germany. Anita’s research interests are in risk management and human resource management in the context of construction project management, as well as maintenance management and facilities management in the context of corporate real estate management. She serves on editorial boards of several academic journals. She is a member of the Association of Researchers in Construction Management (ARCOM); Working Commissions W55 on Building Economics and W65 on Construction Management of the International Council for Research and Innovation in Building and Construction (CIB); the International Project Management Association (IPMA); the Engineering Project Organization Society (EPOS); the American Society of Civil Engineers (ASCE); and the Academy of Management (AOM).

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