| Title |
A Model for Predicting Management Costs of the Multiple Prime Contract |
| Authors |
Kim, Kihyun ; Kim, Kyungrai ; Park, Wansoo ; Lee, Eunjae ; Hwang, Youngkyu |
| DOI |
http://dx.doi.org/10.6106/KJCEM.2014.15.2.044 |
| Keywords |
Multiple Prime Contract ; Predicting Management Cost ; Bid Packages ; Ability of Project Management |
| Abstract |
On March, 2013, the Government announced the Multiple Prime Contract method will be expanded in public building construction projects. The applying multiple prime contract method has been immersing issue among all stakeholders of construction project. The owner conducts the role of a general contactor as well as owner's original responsibility while construction works being executed by specialty contractors. If the owner has not experience of project management, it should be bring about increasing management cost due to the interface problems among prime contractors. With this reason, it is difficult to administrate the multiple prime contract. So far there has been no methodology of predicting management cost in the multiple prime contract. Therefore, this study aims to enable the operation of efficient multiple prime contracts by developing a model to predict their management costs. |