Model for setting priority construction project objectives aligned with monetary incentives
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Date
Authors
Ndihokubwayo, Ruben
Crafford, Gerrit
Buys, Fanie
Journal Title
Journal ISSN
Volume Title
Publisher
University of the Free State
Abstract
Showing abstract in English
English: A comprehensive model based on priority project objectives aligned with
monetary incentives, and agreed upon by built environment stakeholders was
developed. A web survey was adopted to send out a questionnaire to nationwide
participants, including contractors, quantity surveyors, project managers,
architects, and consulting engineers, requesting them to base their responses
on a specific construction project in which they have been involved. The
development of the model consists of the combination of results from inferential
statistics analyses of 7-point Likert scale questions in three aspects, namely
motivational factors (Mann-Whitney and Kruskal-Wallis), monetary incentives
(T-test and ANOVA), and project objectives aligned with monetary incentives
(Principal Component Analysis). In total, 164 respondents participated in the
survey. The findings revealed that there was no statistically significant difference
between demographic groups (gender, age, qualification, experience) of
respondents in the importance of motivational factors and monetary incentives.
However, a significant difference was found in self-development needs and
team working environment where, respectively, the younger age generation
displayed more desire towards professional registration, while the older age
generation did not favour the mix of skills and experience into the project. It was
revealed that the provision of work opportunities to Small, Micro- and Medium
Enterprises (SMMEs), and Health (HIV/AIDS) and Safety should be prioritised
when offering monetary incentives. An understanding of the importance of
monetary incentives offered towards achieving project objectives will create
conducive procurement environment handling the personnel allocated to
construction projects meeting their performance requirements.
Description
Citation
Ndihokubwayo, R., Crafford, G., & Buys, F. (2014). Model for setting priority construction project objectives aligned with monetary incentives. Acta Structilia, 21(1), 79-116.