2016
DOI: 10.1016/j.procs.2016.09.180
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Success Factors and Failure Causes in Projects: Analysis of Cluster Patterns Using Self-organizing Maps

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Cited by 21 publications
(31 citation statements)
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“… Contract specifications index includes the following subindices: Contract Price (Lopez & Salmeron, ; Montequin et al, ; Ngai & Wat, ): The higher the contract price, the higher the sensitivity and risk‐taking. Therefore, its insurance will be regarded as risk management to the employer and the contractor. The number of system users: Higher number of users indicates the larger size of system.…”
Section: System Overviewmentioning
confidence: 99%
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“… Contract specifications index includes the following subindices: Contract Price (Lopez & Salmeron, ; Montequin et al, ; Ngai & Wat, ): The higher the contract price, the higher the sensitivity and risk‐taking. Therefore, its insurance will be regarded as risk management to the employer and the contractor. The number of system users: Higher number of users indicates the larger size of system.…”
Section: System Overviewmentioning
confidence: 99%
“…More experienced contractors have higher chance to gain better positions in the market. Like rank of the consultant/supervisor of the contract, high rank of contactor (in lower number ranking system) causes more assurance about correct and timely performance of the system, which lowers the need for contract insurance coverage. The number of similar products sold by the contractor within the past 3 years (Alami, ; Montequin et al, ; Ngai & Wat, ): A greater number of sold products signals less risk. Therefore, it is evident that there is less need for insurance coverage of the contract. Positive commercial records of the contractor (by giving good performance certificate; Lipińska et al, ; Montequin et al, ): Historical records and variety of the contractor's contracts do not necessarily indicate high quality of his performance.…”
Section: System Overviewmentioning
confidence: 99%
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