- Title
- An evaluation of philosophical disposition and operational reality of 'alliances': the risk-trust perspective
- Creator
- Gajendran, Thayaparan; Brewer, Graham; Jefferies, Marcus; Strahorn, Scott
- Relation
- RICS COBRA 2013. Proceedings of RICS COBRA 2013 (New Delhi, India 10-12 September, 2013)
- Relation
- http://www.lawlectures.co.uk/w113/cobra2013.htm
- Publisher
- Royal Institution of Chartered Surveyors
- Resource Type
- conference paper
- Date
- 2013
- Description
- The ‘Alliance’ approach to project procurement has assisted in minimising adversarial relationships among parties in a project and has delivered successful project outcomes. It is argued that ‘Alliance’ through ‘sharing risks’ and ‘developing trust ’ among the parties in a project creates an environment conducive for managing complex projects. Notwithstanding the popularity of Alliances, a recent review of Alliances in the Australian context identified some discontent with this procurement method, specifically in terms of delivering ‘value for money’. The aim of this paper is to identify the factors contributing to the divergence in the ‘alliance’ theory and ‘practice’ contributing to the discontent. This paper will focus on ‘risk’ and ‘trust’ as two key concepts to develop an understanding about the issues associated to Alliance practice. This research assumes constructivist worldview, accommodating multiple realities of the world. Data collected through, qualitative approach, using semistructured interviews with participants who have experience with Alliance was analysed to identify key themes relating to the aim of this paper. The findings suggest that the differences in the theory – practice of alliancing emanates through actions from at least three key alliance stages; establishment of business case, tender process, KPI/value for money assessment. Owners (or clients) are more conscious of the ‘trust’ factor in Alliances due to assuming a risk profile that needs to generate value for money.
- Subject
- alliance; (non) adversarial; risk; trust; relationship
- Identifier
- http://hdl.handle.net/1959.13/1048713
- Identifier
- uon:14943
- Identifier
- ISBN:9780992409906
- Language
- eng
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