STRUCTURAL EQUATION MODEL OF CONSTRUCTION CONTRACT DISPUTE POTENTIAL
This paper presents the results of a structural equation model (SEM) for describing and quantifying the fundamental factors that affect contract disputes between owners and contractors in the construction industry. Through this example, the potential impact of SEM analysis in construction engineering and management research is illustrated. The purpose of the specific model developed in this research is to explain how and why contract related construction problems occur. This study builds upon earlier work, which developed a disputes potential index, and the likelihood of construction disputes was modeled using logistic regression. In this earlier study, questionnaires were completed on 159 construction projects, which measured both qualitative and quantitative aspects of contract disputes, management ability, financial planning, risk allocation, and project scope definition for both owners and contractors. The SEM approach offers several advantages over the previously employed logistic regression methodology. The final set of structural equations provides insight into the interaction of the variables that was not apparent in the original logistic regression modeling methodology.
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Availability:
- Find a library where document is available. Order URL: http://worldcat.org/oclc/8675438
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Corporate Authors:
American Society of Civil Engineers
1801 Alexander Bell Drive
Reston, VA United States 20191-4400 -
Authors:
- Molenaar, K
- Washington, S
- Diekmann, J H
- Publication Date: 2000-7
Language
- English
Media Info
- Features: Appendices; Figures; References; Tables;
- Pagination: p. 268-277
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Serial:
- Journal of Construction Engineering and Management
- Volume: 126
- Issue Number: 4
- Publisher: American Society of Civil Engineers
- ISSN: 0733-9364
- EISSN: 1943-7862
- Serial URL: http://ascelibrary.org/journal/jcemd4
Subject/Index Terms
- TRT Terms: Conflict management; Construction engineering; Construction industry; Construction management; Contract administration; Contractors; Contracts; Disputes; Financial analysis; Logistics; Ownership; Project management; Questionnaires; Regression analysis; Research; Risk management; Structural equation modeling; Surveys
- Subject Areas: Administration and Management; Construction; Data and Information Technology; Finance; Freight Transportation; Highways; Research; I10: Economics and Administration; I50: Construction and Supervision of Construction;
Filing Info
- Accession Number: 00795791
- Record Type: Publication
- Files: TRIS
- Created Date: Jul 31 2000 12:00AM