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    The Performance of Contractors in Japan, the UK and the US: A Comparative Evaluation of Construction Cost

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    Authors
    Xiao, Hong
    Proverbs, David G.
    Issue Date
    2002
    
    Metadata
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    Abstract
    Globalization of the world economy demands that performance comparisons are undertaken at an international level. A new research protocol has been developed for comparing contractor performance internationally by combining the appropriate characteristics of two established approaches in order to balance the requirements of comparability and representativeness. This new approach is used to reveal some important international performance characteristics among Japanese, UK and US contractors. Building costs in the UK, when adjusted for exchange rate fluctuations, are significantly higher than those in Japan and the USA. Furthermore, cost certainty and client satisfaction are higher in Japan than in the UK, but there is no significant difference between Japan and the USA. Disparities in cost performance between the three countries are believed to originate from differences in the relationships between contractors and clients and also in the construction process. (Routledge)
    Citation
    Construction Management and Economics, 20(5): 425-435
    Publisher
    Routledge (Taylor & Francis)
    Journal
    Construction Management and Economics
    URI
    http://hdl.handle.net/2436/29541
    DOI
    10.1080/01446190210145859
    Additional Links
    http://www.informaworld.com/smpp/content~content=a713763853~db=all~order=page
    Type
    Journal article
    Language
    en
    ISSN
    01446193
    1466433X
    ae974a485f413a2113503eed53cd6c53
    10.1080/01446190210145859
    Scopus Count
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