Decision-making model of Delivery System of construction contracts, Iran's water industry projects
Author(s):
Article Type:
Research/Original Article (دارای رتبه معتبر)
Abstract:
Project delivery systems, as the structure of the contract and the formation of relations between the project participants, create a framework for the formation of contracts of different types of projects by allocating risk among the project participants. Delivery systems can greatly affect the time, financial, or quality goals of the organization and are generally classified into 5 categories: In house, Traditional, Design Build, Construct management, and Public-Private Partnership (PPP). Each delivery system has its own advantages and limitations, which makes the choice between them dependent on the project conditions and client's expectations. In this article, a new approach based on the allocation of contractual risks is presented, with the help of which the employer can choose the project procurement system depending on the level of risk acceptable by the employer. For this purpose, by studying the records of risk allocation in 26 water projects in Iran, 14 main Contractual Risks have been introduced, which are the basis of decision making for the project delivery system. Based on his organizational capacity in accepting a certain level of 14 risks, the decision maker can select the appropriate delivery system for the project. Based on this approach, a multi-objective decision-making model has been developed, which, by receiving the project's risk profile, quantitatively suggests the optimal structure and determines its level of risks exposure (in the form of an increase in the project's cost price). The sensitivity analysis tool of this model also guides the employer which contractual tools or management capacities the employer should provide in case of using a specific contractual model.
Keywords:
Language:
Persian
Published:
Journal of Structural and Construction Engineering, Volume:10 Issue: 12, 2024
Pages:
172 to 188
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