Education | Scholars | Training & CPD

		Timothy Rose
Course of study:		PhD
Research topic:		Optimising the impact of financial incentive mechanisms (FIMs) in Australian Government large-scale non-residential building projects
Start/completion date:		July 2003 December 2006
Research contribution to theory:		My research project is split into two main areas. Firstly, I have identified the major indicators that predict the level and direction of effort under project-based incentive contracts through a comprehensive literature review. Secondly, through a case study approach, I am exploring the specific project drivers (such as the project participants relationships) that determine the impact financial incentives have on motivation in the context of Australian Government non residential building projects. The identification and assessment of these contextual drivers will contribute significantly to the research area as it will present a clearer picture on what determines the success of financial incentives and what aspects should be taken into consideration when designing financial incentive contracts in this arena. This knowledge will increase the likelihood of successful implementation and improve project performance in future projects.
Research contribution to industry practice:		My research explores the impact of financial incentives on contractor motivation in Australian Government non-residential building projects. It aims to identify how financial incentives can be applied to improve the level and direction of effort in these specific building projects. With the identification and prioritisation of the major motivation drivers in incentive construction contracts, government clients will be better equipped to implement successful strategies that improve project performance and decrease project risks.