- Title
- A conceptual model of psychological contracts in construction projects
- Creator
- Ke, Yongjian; Davis, Peter; Jefferies, Marcus
- Relation
- Australasian Journal of Construction Economics and Building Vol. 16, Issue 3, p. 20-37
- Publisher Link
- http://dx.doi.org/10.5130/AJCEB.v16i3.4993
- Publisher
- University of Technology Sydney (UTS)
- Resource Type
- journal article
- Date
- 2016
- 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.
- Subject
- psychological contracts; contracting behaviour; conceptual model; construction; Australia
- Identifier
- http://hdl.handle.net/1959.13/1331002
- Identifier
- uon:26521
- Identifier
- ISSN:1835-6354
- Rights
- © 2016 Yongjian Ke, Peter Davis and Marcus Jefferies. This is an Open Access article distributed under the terms of the Creative Commons Attribution 4.0 Unported (CC BY 4.0) License (https://creativecommons.org/licenses/by/4.0/), allowing third parties to copy and redistribute the material in any medium or format and to remix, transform, and build upon the material for any purpose, even commercially, provided the original work is properly cited and states its license.
- Language
- eng
- Full Text
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