Incentive mechanism for construction projects based on the IPD philosophy

doi:10.16511/j.cnki.qhdxxb.2018.25.012

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Abstract A multi-party incentive model shows how the project characteristics, participant characteristics and incentive structure promote a project. The real effect of the participant cost, project optimization and incentive structure are illustrated through game simulations. The results show that the importance of the incentive model. High level of optimization potential, low team costs and the team members' cost variance contribute to the project success. The target cost setting, goal achievement compensation, and income distribution are critical project incentives.

Keywords integrated project delivery (IPD) incentive mechanism multi game model game simulation

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F284

Issue Date: 15 March 2018

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	SU Guiliang
	DENG Xiaomei
	FENG Ke
	XUE Yanguang

Cite this article:

SU Guiliang,DENG Xiaomei,FENG Ke, et al. Incentive mechanism for construction projects based on the IPD philosophy[J]. Journal of Tsinghua University(Science and Technology), 2018, 58(3): 317-323.

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http://jst.tsinghuajournals.com/EN/10.16511/j.cnki.qhdxxb.2018.25.012 OR http://jst.tsinghuajournals.com/EN/Y2018/V58/I3/317

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