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

Table 4

Value-added way analysis matrix.

Transaction elements	Factors	Value-added features
		Positive added value			Negative added value
		Cost savings through optimization,	Schedule savings,	Transaction cost reduction,	Contract price,
Transaction object	Quantity uncertainty	√	√	√	×
	Project size	√	√	√	√
Transaction subject	Contractor’s capability	√	√	×	×
	Owner’s requirements	×	√	×	×
Transaction management	Owner’s supervision method	×	×	√	×
Transaction contract	Risk allocation	√	√	×	×
Transaction environment	Market competence	×	×	×	√

Note. “√” means that the corresponding value-added way has close relationship with the factor; “×” means that the value-added way has no close relationship with the factor.