Illustration of open, axial, and selective coding in project opportunities classification
| Selective coding | Axial coding | Initial codes | Open coding |
|---|---|---|---|
| Commercial | Contractual approaches | Performing value engineering with cost-saving sharing schemes, especially for projects with low profits | “When value engineering is performed during a contract execution, it is customary to introduce some sharing scheme for the savings obtained.” (Agca and Cotone, 2019, p. 240) |
| “Contractor gives importance to Value Engineering to further his profit, if the profit foreseen at the award of Contract is thin. The extent of credit that Contractor gets for such efforts is usually 50:50.” (Anthreas, 2023, p. 135) | |||
| … … … … … | … … … … … | ||
| Negotiating cost-sharing agreements with other project stakeholders, such as local authorities and private landowners | “The physical structure interacted with different stakeholders, such as the local authority and private landowners. The project team had several negotiations with such stakeholders regarding what costs the project should cover, and what cost others could take. On several occasions, they managed to move costs away from the project budget.” (Johansen, 2019, p. 125) | ||
| … … … … … | … … … … … | … … … … … | |
| Partnerships | Collaborating with low-cost subcontractors who already have established relationships allows companies to mitigate risks while capitalizing on their highly qualified internal staff | “The last option was to choose a low-cost country subcontractor they knew and had a long standing relationship with,” “The established relations between the parties were, however, a good basis for satisfactory control of the element of risk,” “In addition, the Norwegian shipyard had a highly qualified staff of engineers able to deal with uncertainty related to ship design. The yard management considered this to be a precondition for successful application of an outsourcing strategy.” (Kolltveit et al., 2004, p. 138) |
| Selective coding | Axial coding | Initial codes | Open coding |
|---|---|---|---|
| Commercial | Contractual approaches | Performing value engineering with cost-saving sharing schemes, especially for projects with low profits | “ |
| … … … … … | … … … … … | ||
| Negotiating cost-sharing agreements with other project stakeholders, such as local authorities and private landowners | |||
| … … … … … | … … … … … | … … … … … | |
| Partnerships | Collaborating with low-cost subcontractors who already have established relationships allows companies to mitigate risks while capitalizing on their highly qualified internal staff |
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