Participants of major projects have different interests in each tunnel project. A solution is to align the interests using the Integrated Project Delivery (IPD) with an incentive and multiparty contract (MPC). There is no paper in the literature on how to design an incentive for MPC. Starting with a deductive approach, an incentive where all participants benefit the same is designed. An inductive approach is used for validation. Furthermore, for the inductive approach, a risk software tool is used, and a separately developed Excel sheet. Finally, the mechanism's mode of action is presented and validated.
«Participants of major projects have different interests in each tunnel project. A solution is to align the interests using the Integrated Project Delivery (IPD) with an incentive and multiparty contract (MPC). There is no paper in the literature on how to design an incentive for MPC. Starting with a deductive approach, an incentive where all participants benefit the same is designed. An inductive approach is used for validation. Furthermore, for the inductive approach, a risk software tool is us...
»