Here is the abstract of a new paper that I have submitted to International Journal of Project Organisation and Management Science.
Samuel Laryea
School of Construction Management and Engineering, University of Reading, UK
The way that contractors in Ghana and UK take account of risk when calculating their bids for construction work is investigated and compared. The contextual nature of tendering suggested that there may be differences in approach between countries. Ghana and UK were chosen, more or less arbitrarily, for the purpose of case studies, to test the idea that there may be systematic differences between approaches in different places. The whole tender process was shadowed in four firms, two in Ghana and two in UK, to gain a better understanding of how risk is priced in contractors' bids. Risk accountability was higher on the agenda of the tender process of UK contractors. This was because of factors such as personnel involved, industry legislation, business model and environment and company policy. From a formal perspective, contractors in Ghana do not practice formal project risk management, although they clearly take account of risk in the calculation of their bids.
Keywords: contractors; Ghana; risk accountability; tendering; UK
About Me
- Samuel Laryea
- Johannesburg, Guateng, South Africa
- I am a Senior Lecturer in the School of Construction Economics and Management at University of the Witwatersrand, South Africa. In the past, I have been a Lecturer in the School of Construction Management and Engineering at the University of Reading, UK (2010-12); and also a Post-Doctoral Academic Fellow (2009) and Graduate Teaching Assistant (2008). I completed my PhD at University of Reading in Dec 2008 on the relationship between risk and price in tendering. Prior to transferring to Reading in Jan 2008, I was an MPhil/PhD student at KNUST, Ghana (2004-07). I gained my undergraduate degree in Building Technology from Kwame Nkrumah University of Science and Technology (KNUST), Ghana in 1998-2002. During school days, my peers elected me to serve in several leadership positions including SRC President at KNUST. From 1994-96, I attended Suhum Sec. Tech. School after basic education at schools in Ghana and Nigeria. I did my National Service with the Fanteakwa District Assembly in 2002-03. After that, I worked at the Development Office of KNUST until I started my PhD in 2004. I am a co-organiser for the WABER Conference and an author of 30+ research publications.
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