Abstract
M.Tech. (Construction Management)
The aim of the study was to assessment of the critical success factors of joint ventures
in the South African construction industry. The study strived to further establish the
benefits and sustainability of contractor joint ventures between established contractors
and small and medium contractors in the industry. In undertaking the study, primary
data relative to contractor joint ventures was obtained by means of an administered
questionnaire to one hundred and twelve (112) contractor representatives in the South
African construction industry that had partaken or had an involvement in a joint
venture project, to both the established and small and medium contractors. The
findings indicate that multiple factors lead to the successfulness of contractor joint
ventures, among these however, the main factors found to be efficient planning,
commitment, trust, communication and comprehension. Other findings included the
main benefits of both emerging and established contractor as well as the factors that
can be used to measure the success of joint ventures. The research limitations can be
said to include the fact that the study focused only on contractors that had previously
taken part in a joint ventures project in Gauteng.