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Abdulrahman, A (2010) The development of a performance measurement framework for FE/HE co-location construction projects, Unpublished PhD Thesis, School of the Built Environment, Heriot-Watt University.

Abo Kanon, H (2017) The motivations, possibilities and constrains of flexible housing practices in the UK and Turkey, Unpublished PhD Thesis, , Heriot-Watt University.

Akoh, S R (2018) Risk management framework for highway construction projects in Nigeria, Unpublished PhD Thesis, School of Energy, Geoscience, Infrastructures and Society, Heriot-Watt University.

Al Saudi, I S A (2011) The impediments to the adoption of the design and build project procurement strategy in the Saudi construction industry, Unpublished PhD Thesis, School of the Built Environment, Heriot-Watt University.

Al-Sharif, F F A (2007) Financial model for private finance initiative projects applied to school buildings, Unpublished PhD Thesis, School of the Built Environment, Heriot-Watt University.

Alasad, R (2015) Dynamic modelling of demand risk in PPP infrastructure projects: the case of toll roads, Unpublished PhD Thesis, , Heriot-Watt University.

Ali Amjad, A (2003) A causal path model to measure the effects of professional training upon time overruns in Saudi construction industry, Unpublished PhD Thesis, , Heriot-Watt University.

Alkhamali, K S H (2014) Leadership style, organisational culture and disputes in public construction, Unpublished PhD Thesis, School of the Built Environment, Heriot-Watt University.

Alotaibi, S S (2016) The international contractor's decision to invest: a strategic risk management decision model for public private partnership projects in Saudi Arabia, Unpublished PhD Thesis, School of Energy, Geoscience, Infrastructure and Society, Heriot-Watt University.

Alshehri, A R (2016) Quality management system for building maintenance, Unpublished PhD Thesis, School of Energy, Geoscience, Infrastructure and Society, Heriot-Watt University.

Alsulaiman, Y S (2015) Risk management in Independent Water and Power Plant (IWPP) projects in Saudi Arabia: a grounded theory study to improve effectiveness, Unpublished PhD Thesis, , Heriot-Watt University.

Alsuliman, J A (2014) Effective stakeholder engagement in variation order management at the design stage of public sector construction projects in Saudi Arabia, Unpublished PhD Thesis, School of the Built Environment, Heriot-Watt University.

Arab, M Z M (2011) A function-based cost model for early cost advice on new-build schools projects, Unpublished PhD Thesis, School of the Built Environment , Heriot-Watt University.

Auchterlounie, A C (2004) A new quality theory for UK private housebuilding based on definable quality principles, impression management and the control of cognitive dissonance, Unpublished PhD Thesis, , Heriot-Watt University.

Awodele, O A (2012) Framework for managing risk in privately financed market projects in Nigeria, Unpublished PhD Thesis, , Heriot-Watt University.

Azharuddin, M (2019) Integrated carbon emission management for the United Arab Emirates construction industry, Unpublished PhD Thesis, , Heriot-Watt University.

Bageis, A S O (2008) Contractors' decision to bid: development of a bid/no bid strategic decision model, Unpublished PhD Thesis, School of the Built Environment , Heriot-Watt University.

Bausman, D C (2002) An empirical investigation of the relationship between strategic planning and performance of large construction firms, Unpublished PhD Thesis, , Heriot-Watt University.

Bayrak, T (2008) Semi automatic construction progress measurement using a combination of CAD modelling, photogrammetry and construction knowledge, Unpublished PhD Thesis, , Heriot-Watt University.

Bell, K L (1994) The strategic management of projects to enhance value for money for BAA plc, Unpublished PhD Thesis, Department of Building Engineering and Surveying, Heriot-Watt University.

Boateng, P (2014) A dynamic systems approach to risk assessment in megaprojects, Unpublished PhD Thesis, , Heriot-Watt University.

Carter, K (2005) ConSus: a decision support tool for the procurement of sustainable social housing, Unpublished PhD Thesis, School of the Built Environment, Heriot-Watt University.

Chan, P W (2005) An interpretivistic approach to understand the factors that affect construction labour productivity, Unpublished PhD Thesis, School of the Built Environment, Heriot-Watt University.

Connelly, J (2001) Developing guidelines for adopting an environmental orientation for construction and related organisations within the supply chain in the construction industry, Unpublished PhD Thesis, , Heriot-Watt University.

Coutts, A W (1997) Change management in the construction industry: a client's mechanism for control, Unpublished PhD Thesis, Department of Building Engineering and Surveying, Heriot-Watt University.

Didla, N R (2018) Evaluation of the impact of quality risk management on quality performance in the UAE construction projects, Unpublished PhD Thesis, School of Energy, Geoscience, Infrastructure and Society, Heriot-Watt University.

Elsherif, E M (2007) A decision aid model for the selection of appropriate payment and pricing systems for construction projects, Unpublished PhD Thesis, , Heriot-Watt University.

  • Type: Thesis
  • Keywords: construction project; contract conditions; forecasting; payment; pricing; project team; selection criteria; unit rates; client; contractor; project manager; subcontractor
  • ISBN/ISSN:
  • URL: http://hdl.handle.net/10399/2009
  • Abstract:
    Construction contracts are fundamental to any project, and the selection of an appropriate payment system is vital given that the ultimate success of any construction project depends on the suitability of the selected payment system to the project's characteristics and client's requirements. The choice of a payment system for construction work is one of the many important decisions that construction clients have to make. In this research, the author has defined the payment system in terms of four layers: payment mechanism, pricing system, payment chain (who pays who), and project cash flow. In order to develop a tool that will help the project managers to select an appropriate payment system, a list of factors that influence the selection process was identified. The most influential factors were identified using a UX based nation-wide postal survey. There are several existing methods for pricing and payment. This research focuses on lump sum, unit rates and cost plus for pricing methods and lump sum payment, interim measurements and milestones for payment methods. As a result of the first survey, several factors were identified to influence the choice of the payment system. A second survey was undertaken to determine the extent of suitability of each payment system to these factors. The multi-attribute utility technology was applied to provide a spreadsheet model to assess the relative importance weightings of the payment system selection criteria and derive utility values. This technology has been successfully applied in construction research and in particular to aid the selection of the procurement system. The model developed in this research will act as a decision aid tool that will assist Industry practitioners to select the most appropriate payment system for a given set of Project requirements and characteristics. The cashflow of the construction project is one of the most important factors that could affect the profitability and survival of construction organisations. Research into cash flow has, in the main, concentrated on two main processes: how to forecast cash flow, and how to manage cash flow. The construction industry has applied many alternative Payment methods and pricing systems. Research into cashflow forecasting has focused on what is referred to as the traditional payment system. This is where prices are based on unit cost and payments on interim monthly measurements. Alternative payment systems, such as stage payments, and milestone payments have not been fully embedded into cashflow forecasting models. Therefore, a new cashflow forecasting model was developed in this research. The main objective of the model is to enable project teams to assess the impact of selecting alternative payment and pricing systems on cashflow. The model is also intended to enable the user to simulate the contract conditions such as the advance payment, retention money, and advance purchases of materials. This will enable project teams to fine tune contract conditions to achieve a favourable and fair cashflow profile for all. The model was developed on a spreadsheet and acted as a simulator of the project cashflow. It was also developed to be accurate and simple to provide the client, the contractor and subcontractors with financial positions during the project period.

Emhemed, A E (2005) Comprehensive approach to housing legislation: with reference to housing in Libya, Unpublished PhD Thesis, School of Architecture, Heriot-Watt University.

Essa, R A (2008) A framework for the pre-construction evaluation of sustainable housing projects in the UK, Unpublished PhD Thesis, , Heriot-Watt University.

Fahid, S (2007) An investigation of the effectiveness of total quality management in the UK construction industry: An empirical study, Unpublished PhD Thesis, , Heriot-Watt University.

Falqi, I I A (2011) Knowledge capture and retrieval in construction projects, Unpublished PhD Thesis, School of the Built Environment, Heriot-Watt University.

Fortea, S M E (1989) An investigation of appropriateness relative to indigenous and modern housing in Libya, Unpublished PhD Thesis, Department of Architecture, Heriot-Watt University.

Fortune, C J (1999) Factors affecting the selection of building project price forecasting tools, Unpublished PhD Thesis, Department of Building Engineering and Surveying, Heriot-Watt University.

Godawatte, G A G R (2021) Understanding the cost overrun causation in construction megaprojects: a grounded systems thinking approach, Unpublished PhD Thesis, , Heriot-Watt University.

Griffith, A (1984) A critical investigation of factors influencing buildability and productivity, Unpublished PhD Thesis, , Heriot-Watt University.

Hamani, K (2019) Developing a corporate sustainability performance evaluation model of the UAE construction contractors, Unpublished PhD Thesis, School of Energy, Geoscience, Infrastructure and Society, Heriot-Watt University.

Haniff, A P (2017) The alignment of strategic objectives within the context of temporary multi-organisations, Unpublished PhD Thesis, Schoolof Energy, Geoscience, Infrastructure and Society, Heriot-Watt University.

Ibrahim, A A R (1995) An empirical analysis of the strategic group concept within the UK construction industry, Unpublished PhD Thesis, Department of Building Engineering and Surveying, Heriot-Watt University.

Ibrahim, Y M (2008) Developing a model for vision-based progress measurement and visualisation of as-built construction operations, Unpublished PhD Thesis, , Heriot-Watt University.

Imanghaliyeva, A (2021) Managing sociotechnical risks in infrastructure projects: Sociotechnical Systems (STS) perspectives on systems, Unpublished PhD Thesis, , Heriot-Watt University.

Kashwani, G A (2017) Enhancing the implementation of safety engineering systems in oil and gas construction projects in the UAE, Unpublished PhD Thesis, School of Energy, Geoscience, Infrastructure and Society, Heriot-Watt University.

Kelly, J R (2005) Managing client value at the strategic briefing stage of construction projects, Unpublished PhD Thesis, , Heriot-Watt University.

Khalid, M S (2010) Abandoned housing development: the Malaysian experience, Unpublished PhD Thesis, School of the Built Environment, Heriot-Watt University.

Kian Manesh Rad, E (2016) Development of a project complexity assessment method for energy megaprojects, Unpublished PhD Thesis, , Heriot-Watt University.

Kurniawan, F (2013) An integrated project evaluation tool for public-private partnership projects, Unpublished PhD Thesis, School of the Built Environment, Heriot-Watt University.

Lam, K Y (2017) The role of tacit knowledge in knowledge intensive project management, Unpublished PhD Thesis, , Heriot-Watt University.

Lihakanga, R (2022) Generic wireless sensor network for dynamic monitoring of a new generation of building material, Unpublished PhD Thesis, , Heriot-Watt University.

Lim, B T C (1987) Causal modelling construction project performance, Unpublished PhD Thesis, , Heriot-Watt University.

Lockwood, M (1991) A study of national competitive advantage in construction: the European construction industry, Unpublished PhD Thesis, Department of Building Engineering and Surveying, Heriot-Watt University.

Lonsdale, J H (2011) Falls from height: risk perception of ladder users within the UK construction industry, Unpublished PhD Thesis, School of the Built Environment, Heriot-Watt University.

Mahmood, A (1992) Educational interests and needs of owner-managers of small building firms, Unpublished PhD Thesis, Department of Building Engineering and Surveying, Heriot-Watt University.

Male, S P (1984) A critical investigation of professionalism in quantity surveying, Unpublished PhD Thesis, , Heriot-Watt University.

Marwan, A E (2019) Integrating building information modeling to project management consultants' role and practice in UAE, Unpublished PhD Thesis, , Heriot-Watt University.

Matshidze, L B (2021) Developing a Public Private Partnerships (PPP) framework for implementing road maintenance projects in South African rural communities, Unpublished PhD Thesis, , Heriot-Watt University.

Matthewson, C (1992) The relationship between tactical management and contract procurement in the North American competitive lump sum bidding process, Unpublished PhD Thesis, , Heriot-Watt University.

Mirzaie, S (2022) Influence of BREEAM, BIM, and Soft Landings on lifecycle performance of two non-domestic buildings, Unpublished PhD Thesis, , Heriot-Watt University.

Mohammed, R E (2007) An exploratory system dynamics model to investigate the relationships between errors that occur in construction documents in Saudi Arabia and their possible causes, Unpublished PhD Thesis, , Heriot-Watt University.

Molwus, J J (2014) Stakeholder management in construction projects: a life cycle based framework, Unpublished PhD Thesis, School of the Built Environment, Heriot-Watt University.

Mughrabi, A O (2019) Change management capability maturity model for contractors in the Kuwaiti construction industry, Unpublished PhD Thesis, , Heriot-Watt University.

Murphy, R (2011) Strategic planning in Irish quantity surveying practices, Unpublished PhD Thesis, Edinburgh Business School, Heriot-Watt University.

Omar, N (2022) Enhancing agile application in construction projects using BIM, Unpublished PhD Thesis, , Heriot-Watt University.

Phung, Q A (2020) Project management for sustainable project success, Unpublished PhD Thesis, , Heriot-Watt University.

Preece, C N (1993) A study of the management of promotion for competitive advantage in UK construction firms, Unpublished PhD Thesis, Department of Building Engineering and Surveying, Heriot-Watt University.

Prince, R F A (2011) The construction briefing process: evaluating the influence of personality traits on the performance of the consultant project manager, Unpublished PhD Thesis, School of the Built Environment, Heriot-Watt University.

Quah, L K (1988) An evaluation of the risks in estimating and tendering for refurbishment work, Unpublished PhD Thesis, School of Building Engineering and Surveying, Heriot-Watt University.

Salama, M A (2011) The relationship between the performance of the economy and the costing of building projects: a case study of school buildings in Egypt, Unpublished PhD Thesis, School of the Built Environment, Heriot-Watt University.

Sani, H (1988) An investigation into the influences upon and determinants of perceived quality achievement in the management of construction projects by multivariate analysis, Unpublished PhD Thesis, Department of Building Engineering and Surveying, Heriot-Watt University.

Setiawan, H (2015) Corporate entrepreneurship capability model for contractors, Unpublished PhD Thesis, School of Energy, Geoscience, Infrastructure and Society, Heriot-Watt University.

Sharqi, R I A (2017) Developing a system for health and safety enhancement and automation in construction sites, Unpublished PhD Thesis, School of Energy, Geoscience, Infrastructure and Society, Heriot-Watt University.

Skinnarland, S (2013) Use of progression planning tools in developing collaborative main contractor-subcontractor relationships in Norway, Unpublished PhD Thesis, Edinburgh Business School, Heriot-Watt University.

Sommerville, J (1993) Recruitment sources and employee turnover in sectors of the construction industry, Unpublished PhD Thesis, Department of Building Engineering and Surveying, Heriot-Watt University.

Strachan, M E (2013) Energy-led, non-domestic building refurbishment: decision support for a whole-building approach to improvement of operational performance, Unpublished PhD Thesis, School of the Built Environment , Heriot-Watt University.

Tangkitsiri, W (2016) Modelling user satisfaction with transportation public-private partnership projects, Unpublished PhD Thesis, , Heriot-Watt University.

Teo, H P (1990) Decision support and risk management system for competitive bidding in refurbishment work, Unpublished PhD Thesis, Department of Building Engineering and Surveying, Heriot-Watt University.

Teo, R A (2006) Continuous improvement to the construction industry: Enhancing quality through learning, Unpublished PhD Thesis, , Heriot-Watt University.

Wallace, W A (1987) The influence of design team communication content upon the architectural decision making process in the pre-contract design stages, Unpublished PhD Thesis, , Heriot-Watt University.

Werner, J (2012) An investigation of uncertainty dynamics within project management: theoretical and empirical insights, Unpublished PhD Thesis, , Heriot-Watt University.

West, L-J (1982) An investigation into the career choice and occupational perceptions of professional builders and quantity surveyors, Unpublished PhD Thesis, , Heriot-Watt University.

Yatim, Y M (2009) Fire safety models for high-rise residential buildings in Malaysia, Unpublished PhD Thesis, , Heriot-Watt University.

Zulu, S L (2007) The impact of project management process quality on construction project performance: A structural equation model, Unpublished PhD Thesis, , Heriot-Watt University.