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Al-Bayati, A J; Chellappa, V (2025) Identifying desirable safety actions of upper management to foster higher levels of construction safety culture. Journal of Construction Engineering and Management, 151(7).
Al-Khiami, M I; Lindhard, S M; Wandahl, S (2025) Paradox in practice: Work-related musculoskeletal disorder prevalence and reporting among construction workers in Kuwait and Denmark. Journal of Construction Engineering and Management, 151(7).
Alshboul, O; Shehadeh, A; Tamimi, M (2025) Sustainability-focused pavement management under climate variability. Journal of Construction Engineering and Management, 151(7).
Bayona, A; Hallowell, M R; Bhandari, S; Moyen, N; Lien, A (2025) Impact of energy-based safety training on quality of prejob safety meetings and control of hazardous energy in construction: Multiple baseline experiment. Journal of Construction Engineering and Management, 151(7).
Cao, Q; Zou, X; Zhang, L (2025) A flexible scheduling framework for repetitive construction projects based on constraint programming. Journal of Construction Engineering and Management, 151(7).
Chan, I Y S; Ma, P; Ho, T Y K (2025) Impacts of relational and formal governance on information sharing and project management performance in collaborative contracts: A mixed-method approach. Journal of Construction Engineering and Management, 151(7).
Chen, H; Dong, Z; Chan, I Y S (2025) Biometric evaluation and immersive construction environments: A research overview of the current landscape, challenges, and future prospects. Journal of Construction Engineering and Management, 151(7).
Ghalenoei, N; Babaeian Jelodar, M; Paes, D; Sutrisna, M; Rahmani, D (2025) Offsite construction and BIM integration framework across project life cycle. Journal of Construction Engineering and Management, 151(7).
Hua, X; Zhang, S; Shi, X; Zhang, Y (2025) Differences in risk analysis between workers and managers: Study from the perspective of neuroscience. Journal of Construction Engineering and Management, 151(7).
Jezzini, Y; Assaad, R H; El-Adaway, I H (2025) Modeling framework to quantify and gauge project cost risks due to construction material price volatilities using predictive probabilistic deep-learning algorithms and stochastic risk modeling. Journal of Construction Engineering and Management, 151(7).
Li, C Z; Gao, T; Chen, Z; Wu, H; Deng, Y; Tam, V W Y; Le, K N (2025) Exploring the power of laser scanning technology toward smart construction: Status quo, challenges, and future directions. Journal of Construction Engineering and Management, 151(7).
Li, L; Cheng, M; Tu, K; Ding, R; Zhang, J; Xu, B (2025) Human-machine interface based on constraint velocity polytope for safe and efficient operation of large-size hydraulic manipulator. Journal of Construction Engineering and Management, 151(7).
Ma, Q; Cheung, S O (2025) Augmenting the incentivizing power of target cost contracting in integrated project delivery. Journal of Construction Engineering and Management, 151(7).
- Type: Journal Article
- Keywords: challenging goal; integrated project delivery; repeated business; subgoaling; target cost
- ISBN/ISSN: 0733-9364
- URL: https://doi.org/10.1061/JCEMD4.COENG-15699
- Abstract:
Target cost contracts (TCCs) with risk/reward-sharing incentivizing arrangements are often used to promote performances in integrated project delivery (IPD) projects. However, setting the target cost can be challenging due to the diverse interests of team members and many uncertain cost influencing factors inherent in such projects. According to prospect theory and goal-setting theory, neither overly lenient nor unattainably high target costs would drive exceptional performance. This study proposes that the relationship between target cost and cost performance is an inverted asymmetrical V-shape, indicating that cost performance improves with more challenging targets up to a point, beyond which unreasonably challenging targets would render negative effect. To mitigate the risk of setting unreasonable targets, establishing cost targets within a zone that spans between the at-risk threshold and the shared-reward threshold can be an option. This zone is identified as neutral. Despite reducing the risk of unreasonable target costs, the incentivizing power of this neutral zone approach diminishes sharply once the cost exceeds the at-risk threshold. Strategies are proposed to augment the incentivizing power of neutral zone-based TCC for two types of agents: myopic and forward-looking. Complementing neutral zone with subgoaling strategy can significantly improve cost performance for myopic agents. Furthermore, the prospect of repeated business can incentivize the forward-looking agents to achieve the shared-reward threshold. This novel method is instrumental in establishing target costs at the early stages of IPD projects.
Moussa, A; Ezzeldin, M; El-Dakhakhni, W (2025) Data-driven assessment of complexity-induced risks in infrastructure projects. Journal of Construction Engineering and Management, 151(7).
Peng, L; Man, S S; Chung, H T; Chan, A H S; Zhang, Z (2025) Prospective workers' perceptions of crane operation risks: Using a pairwise comparison. Journal of Construction Engineering and Management, 151(7).
Poudel, O; Assaad, R H (2025) A real-time intelligent acoustic IoT-enabled embedded construction site monitoring and alert system: Integrating deep learning-based machine-listening algorithms, edge computing, and cloud computing. Journal of Construction Engineering and Management, 151(7).
Rasheed, U; Ordaz, C; Xu, X; Hu, Y; Li, S; Sutton, T; Cai, J (2025) Understanding the impact of teleoperation technology on the construction industry: Adoption dynamics, workforce perception, and the role of broader workforce participation. Journal of Construction Engineering and Management, 151(7).
Xue, H; Li Teh, K K; Ling, F Y Y (2025) Effects of crisis management leadership, perceived self-efficacy, and job performance on facility management professionals' job satisfaction in a crisis. Journal of Construction Engineering and Management, 151(7).
Yan, L; Wang, Y; Ning, Y (2025) Configuring governance mechanisms to improve the engineering consulting project performance. Journal of Construction Engineering and Management, 151(7).
Young, T; Hunter, J A; Bentley, S V; Millear, P; Alexander Haslam, S; Haslam, C (2025) A social identity intervention to improve mental health in construction workers. Journal of Construction Engineering and Management, 151(7).
Zhang, P; Sing, M C P; Guo, S; Chan, I Y S; Fung, I W H (2025) Causal factors of near misses and accidents in urban railway construction: A complex network approach. Journal of Construction Engineering and Management, 151(7).
Zu, F; Zhang, X (2025) Integrating a DfMA guideline matrix to facilitate value engineering workshops for construction projects. Journal of Construction Engineering and Management, 151(7).