Abstract:
Construction Joint Venture (CJV) is a response to the complex and competitive
environment which characterised the nature of construction industry. However, various
disputes arose in CJVs which impede the successful completion of the construction
project especially as a result of the ineffective partner selection. Nevertheless, the
literature thus far has failed to provide an effective partner selection for the CJVs since
none of the studies subjected to partner selection in CJVs. Hence, the research is aimed
to investigate the existing practice of partner selection in order to develop a model for
avoiding disputes in CJVs in Sri Lanka. Three rounds of Delphi survey were conducted
through the adoption of quantitative approach with the participation of experts who have
plenty of experience and adequate knowledge on CJVs. The identified joint venture (JV)
partner selection criteria from literature synthesis were the base for the adoption of the
CJV partner selection criteria developed using the relative importance index.
Consequently, effective CJV partner selection model was proposed based on the effect
of dispute avoidance. The concern of literature and industry experts proved the absence
of the standard partner selection criteria for the CJVs. However, guidelines for selecting
partners provided in tender documents were followed by only contractors in order to
fulfil the required criteria merely towards winning the project. Thus, the partner
selection model proposed in this research provides a basis to select the most appropriate
and the best partner for CJVs by evaluating all particular skills and capacities which
may avoid having the future disputes.
