Management of time and cost contingencies in construction projects: a contractos perspective

Ortiz González, José Ignacio; Molenaar, Keith

Publication:
Management of time and cost contingencies in construction projects: a contractos perspective

dc.affiliation.dpto	UC3M. Departamento de Ingeniería Mecánica	es
dc.contributor.author	Ortiz González, José Ignacio
dc.contributor.author	Molenaar, Keith
dc.date.accessioned	2023-12-12T10:56:44Z
dc.date.available	2023-12-12T10:56:44Z
dc.date.issued	2018-03-01
dc.description.abstract	The management of threats and opportunities plays a key-role in enhancing project performance. However, there is a gap in literature concerning how general contractors manage threats and opportunities in construction projects, in particular in the use of time and cost contingencies. This research partially addresses this gap through a case study of two large Spanish construction companies. The research presented two key factors determining how the contractors analyzed manage time and cost contingencies: project objectives and existing mistrust among the contractor's team members. The research also found that managers use time and cost contingencies not only to manage threats, but also as tools for managing opportunities, thereby providing insight into a previously undescribed form of contingency: the negative contingency. the research results enable a better understanding of the actual behavior of general contractors, which contributes to paving the way for developing enhanced methods for contingencies management.	en
dc.format.extent	11	es
dc.format.mimetype	application/pdf	en
dc.identifier.bibliographicCitation	Ortiz, J. I., Pellicer, E., & Molenaar, K. R. (2018). MANAGEMENT OF TIME AND COST CONTINGENCIES IN CONSTRUCTION PROJECTS: A CONTRACTOR PERSPECTIVE. Journal of Civil Engineering and Management 24(3), pp. 254-264.	en
dc.identifier.doi	10.3846/jcem.2018.1643
dc.identifier.issn	1392-3730
dc.identifier.publicationfirstpage	254	es
dc.identifier.publicationlastpage	264	es
dc.identifier.publicationtitle	Journal of Civil Engineering and Management	en
dc.identifier.uri	https://hdl.handle.net/10016/39058
dc.identifier.uxxi	AR/0000022180
dc.language.iso	eng	en
dc.publisher	VGTU Press	en
dc.rights	© 2018 by the authors.	en
dc.rights	Atribución 3.0 España	*
dc.rights.accessRights	open access	en
dc.rights.uri	http://creativecommons.org/licenses/by/3.0/es/	*
dc.subject.eciencia	Ingeniería Industrial	es
dc.subject.other	Contractor	en
dc.subject.other	Contingency	en
dc.subject.other	Opportunity	en
dc.subject.other	Risk	en
dc.subject.other	Spain	en
dc.subject.other	Threat	en
dc.subject.other	Uncertainty	en
dc.title	Management of time and cost contingencies in construction projects: a contractos perspective	en
dc.type	research article	*
dc.type.hasVersion	VoR	*
dspace.entity.type	Publication