The weaknesses of China\'s contractors in overseas construction project management: 2 case studies
The practices of international construction contracting have been prevalent increasingly over the past half a century. Altough the contractors of highly developed world have dominated this field, there tends to be more players from newly emerging countries like China. The history of China's contractors performing in the overseas construction markets is divided into 3 major phases, namely the planning economy era, reform and openness perios and the latest new millennium. However, the know-how and techniques of modern project management have been widely deployed in China for merely 2 decades. While competing with those veterans in overseas markets, China's contractors still lack adequate advantages as well as experiences, leading to the underperformance or even failures. A 2-dimension framework of overseas project management, comprising the external risk and internal function aspects , is proposed. Based on the analysis of 2 recent cases in Saudi Arabia an Poland respectively, it's foung that the low cost strategy management in risk, commerce, cost, human resources, etc. are their fatal weaknesses.
Volume (Year): 15 (2012)
Issue (Month): 1 (May)
|Contact details of provider:|| Postal: |
Web page: http://www.faa.ro
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:but:manage:v:15:y:2012:i:1:p:175-189. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Cosmin Catalin Olteanu)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.