A Comparative Study of the Benefits of Applying Target Cost Contracts Between South Australia and Hong Kong

This article aims to identify and analyze the key benefits of adopting Guaranteed Maximum Price and Target Cost Contracts (GMP/TCC) over and above the traditional lump‐sum contractual arrangement through an empirical questionnaire survey conducted in South Australia and compared with the findings in Hong Kong. The Mann‐Whitney U Test indicated differences in perception between the two groups of respondents on the majority of the identified benefits. The study has provided an in‐depth understanding of the perceived benefits of the GMP/TCC scheme, hence leading to a wider application of those alternative integrated procurement strategies in both regions for reference by the construction community at large.     

Iflatie en Rentestand

Ohne ZusammenfassungRede, uitgesproken bij de aanvaarding van het ambt van gewoon hoogleraar in de faculteit der economische wetenschappen aan de Vrije Universiteit te Amsterdam op vrijdag 19 februari 1971.     

The technological gatekeeper

The present study identifies a two-step flow process of communication mediated by technological gatekeepers for scientific and technical fields characterized by dynamic information environments. Peer identification and a supervisory recognition of the phenomenon validate the gatekeeper finding. Certain characteristics of this study differ from previous research. The external communication needs of military in-house researchers are mitigated greatly by the infusion of technical information into the laboratory which is a part of the everyday activities of the organization. Gatekeepers are differentiated by topic and not the media monitored. Finally, the gatekeeper phenomenon is implicitly recognized, even though the development may be spontaneous; development that results because either the formal media leave a void in information needs or that engineers are not trained in the use of the formal information sources. In either case, the technological gatekeeper is a natural response to an information need.     

Possibilities and conditions for the formation of integration relationships in the field of shipbuilding in Russia and Ukraine

The article gives a systematic analysis of the state, problems, and prospects for developing ship-building in Ukraine. The experience in forming and implementing the cluster concept in Ukraine and Russia, including in the shipbuilding industry, has been analyzed. The prospects for cluster cooperation between Ukraine and Russia in the shipbuilding industry have been assessed, and proposals for its effective implementation have been made.