This study aims to construct a “contractual–relational–governmental” 3D governance framework for new infrastructure projects (NIPs) within China’s distinct institutional context. The primary objective is to explore the impact of multiple governance mechanisms on the NIP performance, thus identifying the key governance mechanisms and proposing targeted performance improvement strategies.
The research design follows a sequential mixed methodology of integrating qualitative and quantitative data collection and analysis. Firstly, project governance and performance indicators were collected from relevant literature and expert interviews. Secondly, a questionnaire was developed, and data were collected through on-site and online means. Finally, the partial least square structural equation model (PLS-SEM) was utilized to examine and analyze the relationships between governance mechanisms and NIP performance.
Contractual, relational and governmental governance all have a certain role in promoting the NIP performance. Specifically, contract stringency, trust and governmental decision are the core elements of contractual, relational and governmental governance, respectively, while commitment does not significantly affect NIP performance. Generally, relational and governmental governance exert a more substantial influence compared to contractual governance, with governmental decision and trust being the most effective.
This paper contributes to the field by introducing PLS-SEM as a measurement tool for exploring the impact of multiple governance mechanisms on governance performance in NIPs. The results offer valuable insights for project managers, enabling them to concentrate on core factors while refining and optimizing governance mechanisms and strategies.
