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Early Contractor Involvement and Project Incentivisation
Early Contractor Involvement and Project Incentivisation
Level
Beginner
Duration
30 minutes
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It is slowly dawning on the industry that negative incentives i.e. damages, don't really work in terms of stimulating improved performance and good results. This course will consider the three available strategies for Early Contractor Involvement, the setting of the pain/gain formula in option C, positive versus negative incentives and the use of the X options.
Learning Outcomes
Learning Outcomes
This will be related back to Connect Plus as a case study of incentivisation in action. By the end of this course, you will be able to:
• Identify strategies for Early Contractor Involvement
• Understand the setting of the pain/gain formula in option C
• Describe positive versus negative incentives and the use of the X options
