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A conceptual model of psychological contracts in construction projects

Construction Economics and Building

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Field Value
 
Title A conceptual model of psychological contracts in construction projects
 
Creator Ke, Yongjian
Davis, Peter
Jefferies, Marcus
 
Subject Construction Management; Construction
Psychological contracts; contracting behaviour; conceptual model; construction; Australia.
Construction Management; Construction
 
Description The strategic importance of relationship style contracting is recognised in the construction industry. Both public and private sector clients are stipulating more integrated and collaborative forms of procurement. Despite relationship and integrated contractual arrangement being available for some time, it is clear that construction firms have been slow to adopt them. Hence it is timely to examine how social exchanges, via unwritten agreement and behaviours, are being nurtured in construction projects. This paper adopted the concept of Psychological Contracts (PC) to describe unwritten agreement and behaviours. A conceptual model of the PC is developed and validated using the results from a questionnaire survey administered to construction professionals in Australia. The results uncovered the relationships that existed amongst relational conditions and relational benefits, the PC and the partners’ satisfaction. The results show that all the hypotheses in the conceptual model of the PC are supported, suggesting the PC model is important and may have an effect on project performance and relationship quality among contracting parties. A validated model of the PC in construction was then developed based on the correlations among each component. The managerial implications are that past relationships and relationship characteristics should be taken into account in the selection of procurement partners and the promise of future resources, support and tangible relational outcomes are also vital. It is important for contracting parties to pay attention to unwritten agreements (the PC) and behaviours when managing construction projects.
 
Publisher UTS ePRESS
 
Contributor University of Newcastle
 
Date 2016-09-08
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
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Survey
 
Format application/pdf
text/html
 
Identifier http://epress.lib.uts.edu.au/journals/index.php/AJCEB/article/view/4993
10.5130/AJCEB.v16i3.4993
 
Source Construction Economics and Building; Vol 16, No 3 (2016): Construction Economics and Building, Incorporating a Special Section on Innovation and SMEs in the AEC Sector; 20-37
2204-9029
 
Language eng
 
Relation http://epress.lib.uts.edu.au/journals/index.php/AJCEB/article/view/4993/5554
http://epress.lib.uts.edu.au/journals/index.php/AJCEB/article/view/4993/5563
 
Coverage Australia
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Purposive sample
 
Rights Copyright (c) 2016 Yongjian Ke, Peter Davis, Marcus Jefferies
http://creativecommons.org/licenses/by/4.0