An empirical study on the formation mechanism of trust between the owner and the PMC contractor under the PMC model
Project management contracting
Relational trust
0502 economics and business
05 social sciences
TA1-2040
Engineering (General). Civil engineering (General)
Calculative trust
Project performance
DOI:
10.1016/j.asej.2022.101974
Publication Date:
2022-09-14T14:31:32Z
AUTHORS (5)
ABSTRACT
In implementing the PMC model, trusting relationships between owners and contractors is key to resolving dilemmas caused by institutional constraints conventional thinking, such as frequent organizational conflicts, low management efficiency, higher transaction costs. This study utilized projects in Guangxi, Jiangsu, Zhejiang, Tibet, Guizhou analysis samples employed semi-structured field interviews investigate antecedents of trust contractors. addition, questionnaires were used quantify mechanism formation two parties influence on project performance. The findings indicated that managerial competence reputation contractor, adequacy owner's authorization, effectiveness supervisory measures drivers calculative trust. measures, social similarity play greatest roles influencing relational Calculative significantly impact performance, with having a slightly more substantial impact. can serve resource for enhancing performance achieving success.
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