ABSTRACT
Recently, the Taiwanese construction industry has faced major new challenges, including increased competition, more exacting quality standards, increased competition for available resources, globalization, and rapid development of new technologies and increased various risks. Additionally, construction projects in Taiwan are growing larger and more complicated. An adversarial situation, at least from the perspective of traditional contracts, thus has been created between project owners and contractors. The changes mentioned previously have caused crises for the industry. Construction firms are now searching increasingly actively for better management approaches for maintaining a competitive advantage and improving performance.
