In Australia, collaborative contracts, and in particular, project alliances, have been increasingly used
to govern infrastructure projects. These contracts use formal and informal governance mechanisms to
manage the delivery of infrastructure projects. Formal mechanisms such as financial risk sharing are
specified in the contract, while informal mechanisms such as integrated teams are not. Given that the
literature contains a multiplicity of often untestable definitions, this paper reports on a review of the
literature to operationalize the concepts of formal and informal governance. This work is the first
phase of a study that will examine the optimal balance of formal and informal governance structures.
In Australia, collaborative contracts, and in particular, project alliances, have been increasingly used
to govern infrastructure projects. These contracts use formal and informal governance mechanisms to
manage the delivery of infrastructure projects. Formal mechanisms such as financial risk sharing are
specified in the contract, while informal mechanisms such as integrated teams are not. Given that the
literature contains a multiplicity of often untestable definitions, this paper reports on a review of the
literature to operationalize the concepts of formal and informal governance. This work is the first
phase of a study that will examine the optimal balance of formal and informal governance structures.
การแปล กรุณารอสักครู่..