Management of transactions: The design/construction interface


SÖZEN A. Z.

Journal of Architectural and Planning Research, vol.13, no.1, pp.43-49, 1996 (Scopus) identifier identifier

  • Publication Type: Article / Article
  • Volume: 13 Issue: 1
  • Publication Date: 1996
  • Journal Name: Journal of Architectural and Planning Research
  • Journal Indexes: Scopus
  • Page Numbers: pp.43-49
  • Istanbul Medipol University Affiliated: No

Abstract

The present paper treats the relationship between strategic orientations and make/buy decisions pertaining to design/construction services for firms operating in the construction sector. The firm defines and redefines its boundaries within a network of contractual relationships, facing choices between market contracting, integration, and "quasi-firm" arrangements. The paper argues that the firm's strategic posture will influence the perceptions of contractual hazards associated with each option.