ECI and Project Incentivisation
ECI and Project Incentivisation
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.
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