Research Article

Framework for Designing Project Delivery and Contract Strategy in Chinese Construction Industry Based on Value-Added Analysis

Table 3

Factors for PDCS selection/design (China perspective).

CategoryFactor

Transaction object-related factors (project characteristics)Project nature
Project size
Project complexity
Construction interference between subprojects

Transaction subject-related factors (owner’s influences)Owner’s requirements on investment control
Owner’s requirements on schedule control
Owner’s requirements on quality control
Owner’s risk preference
Owner’s preference for the management method
Owner’s project management ability

Transaction environment-related factorsSite conditions
Land acquisition, demolition, and immigration
National and local laws, regulations, and policies
Construction market development degree