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dc.contributor.authorOthman, Ayman
dc.contributor.authorHarinarain, Nishani
dc.date.accessioned2017-09-18T06:34:33Z
dc.date.available2017-09-18T06:34:33Z
dc.date.issued2009
dc.identifier.citationOthman, A., & Harinarain, N. (2009). Managing risks associated with the JBCC (principal building agreement) from the South African contractor's perspective. Acta Structilia: Journal for the Physical and Development Sciences, 16(1), 83-119.en_ZA
dc.identifier.issn1023-0564 (print)
dc.identifier.issn2415-0487 (online)
dc.identifier.urihttp://hdl.handle.net/11660/6902
dc.description.abstractEnglish: Construction is a complex and risky business. It is a time-consuming process involving a multitude of organisations with different objectives and skills. In addition, increasing client expectations coupled with the technological development of materials and equipment made the construction industry subject to more risks than any other industry. Contracts are essential tools for organising the relationship between involved parties and managing associated risk. For years the South African construction industry had a very poor reputation in managing construction risks. In order to improve the image of the South African construction industry and to assist contractors to develop their proper risk management strategy, this article aims to manage the risks associated with the Joint Building Contracts Committees (JBCC) Principal Building Agreement (PBA). A research methodology, consisting of literature review, questionnaires and interviews, is designed to achieve four objectives. First, to review the topics of contacts and risks in construction projects and the JBCC (PBA). Secondly, to develop an innovative framework to enable contractors to identify, quantify and classify risks associated with the JBCC (PBA). Thirdly, to evaluate the developed framework from industry’s feedback in order to improve its performance. Finally, to create a correlation matrix of contractor’s risk sources.en_ZA
dc.description.abstractAfrikaans: Konstruksie is ’n komplekse en riskante bedryf. Dit is ’n tydrowende proses en sluit in ’n reeks organisasies met verskillende doelwitte en vaardighede. Hoër kliëntvereistes, gekoppeld aan die tegnologiese ontwikkeling van materiale en toerusting, het die konstruksiebedryf meer blootgestel aan risikos as enige ander bedryf. Kontrakte is die middele wat gebruik word om die regte en verpligtinge tussen die betrokke partye te bepaal en om die verwante risikos te bestuur. Die Suid-Afrikaanse konstruksiebedryf het vir ’n hele aantal jare ’n swak reputasie gehad rakende risiko-bestuur. Die doel van hierdie artikel is om die reputasie van die konstruksienywerheid te verbeter en om kontrakteurs by te staan met die ontwikkeling van hul vaardighede om die risikos soos uiteengesit in die Gesamentlike Boukontraktekomitee (GBK) se Hoofbouooreenkoms (HBO) beter te bestuur. Die navorsingsmetodologie bestaande uit ’n literatuurstudie, vraelys en onderhoude het vier doelwitte. Eerstens, om ’n oorsig te gee van die kontrak- en risiko-aspekte van konstruksie-projekte in die GBK HBO. Tweedens, om ’n innoverende raamwerk te ontwikkel om kontrakteurs te help om risikos in die GBK HBO te identifiseer, kwantifiseer en klassifiseer. Derdens, om die ontwikkelde raamwerk te evalueer deur middel van bedryfterugvoering om sodoende prestasie daarvan te bevorder. Laastens, om ’n korrelasie-matriks van die oorsprong van kontrakteursrisikos op te stel.af
dc.language.isoenen_ZA
dc.publisherUniversity of the Free Stateen_ZA
dc.subjectContractsen_ZA
dc.subjectRisk, JBCC (PBA)en_ZA
dc.subjectConstructionen_ZA
dc.subjectFrameworken_ZA
dc.subjectCorrelation matrixen_ZA
dc.subjectContractor’s risk sourceen_ZA
dc.subjectSouth Africaen_ZA
dc.titleManaging risks associated with the JBCC (principal building agreement) from the South African contractor’s perspectiveen_ZA
dc.typeArticleen_ZA
dc.description.versionPublisher's versionen_ZA
dc.rights.holderUniversity of the Free Stateen_ZA


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