Management Review

›› 2015, Vol. 27 ›› Issue (9): 151-162.

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An Empirical Study on Relationship between Contract Flexibility and Project Management Performance in Construction Project: The Perspective of Trust between Owner and Contractor

Yin Yilin1,2, Wang Yao1   

  1. 1. Department of Management and Economics, Tianjin University, Tianjin 300072;
    2. School of Management, Tianjin University of Technology, Tianjin 300191
  • Received:2013-08-09 Online:2015-09-30 Published:2015-09-29

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Abstract:

The empirical tests on relationship between contract flexibility and project management performance are still rare. Based on the perspective of trust, this study constructs a theoretical model about contract flexibility, project management performance and the trust between owner and contractor, and introduces trust as a driving variable or moderator variable. With an empirical study of 233 questionnaires, the results show that: contract flexibility has significant effect on project management performance, and the trust between owner and contractor is a driver variable rather than moderator, the trust has significant positive impact on project management performance. The findings are of great value both in theory and practice.

Key words: contract flexibility, project management performance, trust, driver variable, moderator variable