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Streamlining the management of payment delays: the case of Sri Lankan Government building construction projects
Journal of Financial Management of Property and Construction Pub Date : 2021-02-01 , DOI: 10.1108/jfmpc-05-2020-0041
B.A.K.S. Perera , Kaveesha Gihani Dewagoda

Purpose

Delayed payments have been long standing, pressing issue in construction projects, especially in Government-funded construction projects. The root causes and the consequences of delayed payments must be identified before implementing strategies to mitigate the consequences of such delayed payments. However, these causes and consequences and the parties responsible for managing the delayed payments have not been identified so far. Therefore, the purpose of this study is to investigate the management of payment delays in Government-funded construction projects.

Design/methodology/approach

The study used a mixed approach comprising four case studies and a questionnaire survey. The empirical data collected from the case studies and the questionnaire survey were analysed using manual content analysis and mean rating, respectively.

Findings

The study identified the most significant causes and the most significant consequences of delayed payments that occur in Government-funded construction projects. It also revealed the strategies that clients, consultants, contractors and other parties can adopt to mitigate the adverse consequences of such delayed payments.

Originality/value

This study identified the most significant causes of delayed payments in Government-funded construction projects, the most significant consequences of such delayed payments and the most suitable strategies the clients, consultants and contractors can adopt to mitigate the consequences of such delayed payments. Thus, this study supports streamlining the management of payment delays in Government construction projects and identifies the roles that different parties must play in managing payment delays in Government building projects, which is an under-researched area.



中文翻译:

简化付款延迟管理:以斯里兰卡政府大楼建设项目为例

目的

拖欠付款由来已久,是建设项目,特别是政府资助的建设项目的紧迫问题。在实施减轻此类延迟付款后果的战略之前,必须确定延迟付款的根本原因和后果。但是,到目前为止,尚未确定这些原因和后果以及负责管理延迟付款的各方。因此,本研究的目的是调查政府资助建设项目的付款延迟管理。

设计/方法/方法

该研究采用混合方法,包括四个案例研究和问卷调查。从案例研究和问卷调查中收集的经验数据分别使用手动内容分析和平均评分进行分析。

发现

该研究确定了政府资助的建设项目中发生延迟付款的最重要原因和最重要的后果。它还揭示了客户、顾问、承包商和其他各方可以采取的策略来减轻此类延迟付款的不利后果。

原创性/价值

这项研究确定了政府资助的建筑项目延迟付款的最重要原因、延迟付款的最严重后果以及客户、顾问和承包商可以采取的最合适的策略来减轻此类延迟付款的后果。因此,本研究支持简化政府建设项目付款延迟的管理,并确定各方在管理政府建筑项目付款延迟方面必须发挥的作用,这是一个研究不足的领域。

更新日期:2021-02-01
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