Construction process improvements in market networks
Abstract: Most construction projects are carried out in market networks with
several design and production firms involved. It is unlikely that the use of
information technology (IT) will proceed at an even pace in firms. A vital task
in coordinating the construction process is therefore to bridge technology gaps
between firms. The analytical framework for this investigation is derived from
the theory of transaction costs, with focus on how network participants
perceive incentives for sharing and preserving project information. Issues such
as information feedback from later to earlier stages of the process and
professional liability for information provided are dealt with in this context.
The main points are illustrated by results from recent and ongoing Swedish
R&D projects within the field. Emphasis on IT use at the client/designer
interface and at the construction site interface is expected to grow. Improved
digital telecommunications for rapid transmission of graphics with attached
databases are seen as a development with far-reaching consequences for
efficiency in the construction process.
Keywords: construction process; networks; transaction costs; design feedback; Swedish
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Permission to reproduce these papers has been graciously provided by the National University of Singapore. The assistance of the editors, particularly Prof. Martin Betts, is gratefully appreciated.