Do you want to publish a course? Click here

Risk Management for Construction Projects: Client’s Perspective

إدارة المخاطر في مشاريع التشييد من وجهة نظر المالك

1552   3   28   0.0 ( 0 )
 Publication date 2014
and research's language is العربية
 Created by علي العبيد




Ask ChatGPT about the research

Construction projects are characterized as very complex projects. This is because of their uniqueness, dynamic political and economic circumstances, weather, long life of projects, fluctuations in resources prices, and changes of engineering requirement, etc. Therefore, construction projects are subject to a wide range of various risks, which in case these risks occur will have considerable impacts on projects objectives in terms of time, cost and quality. Therefore, there is a need to investigate these risks and their impacts on project objectives and parties. The Client is one of the most important party in any project, and it usually lacks to have a clear strategy and policy to deal and manage risks that affect its objectives. This study aims to produce a strategy to deal and manage risks during construction stage from the client's point of view. The construction stage is selected because it takes a long time of the project life and consumes the largest amount of project budget, and it highly affects the project success or failure. Data were collected, by utilizing both questionnaire and interview survey, from more than one hundred participants from construction companies, clients and other construction professionals. An SPSS17 and EXCEL software were used to treat the data to find correlation between different variables, means and standard deviations. Risks were ranked based on risk importance indicator. The results showed that the most important risk is 'delay of payment to contractors as agreed in the contract' and the lowest risk is 'changes of design during construction'. The study concluded that the client should be concerned to formulate a specialized team in risk management in order to assist him in decision making process and developing practical solutions for dealing with risks in the construction sector. Keywords: risk , risk management , Client , Construction projects .

References used
No references
rate research

Read More

Construction projects are subject to risks and uncertainties which affect project targets (cost, time, quality and safety). This paper reviews risks and their effects on construction projects in Syria, and it aims to develop risk management framew ork. In this work, risks in construction projects have been defined based on the literature review and interviews of some experts in the construction field. A questionnaire was designed to define the probability of risk occurrence and their effects, also to define the level of their effects by multiplying the probability occurrence with the effects. Another questionnaire was designed to define the extent of the effects of the most important risks on each target of the project, and to specify the procedures applied as a response to the risks. The results of this research revealed that "the Inflation, price changes" and "the difference between contracted quantities and actual quantities " are seen as the most important risk, where the studied risks in this work affect the schedule more than any other project targets. Also the results showed that avoiding the risks at the construction stage is the most used action.
this study a questionnaire was implemented as a primary procedure for any methodology of risk management, and send out to the experts who work in the field of construction, in order to evaluate the reality of our projects as well as determine the serious problems, and all of this aim to form checklists including the major risks which the our projects are facing to be as a guide for early risks alert, to adopt the proper responses to deal with them.
Because of the increasing need to improve quality in construction projects, it is necessary to reduce and prevent reworks, and that is by understanding their roots and recognizing their causes. So this research studies reworking on local projects (Sy rian buildings) in terms of causes and classifications. Information was collected from questionnaire that identified some variables (100 variables) contributing to reworking. These variables were categorized according to seven main headings: human, coordination and communication, technical and engineering, owner, project management, contract, and design. Responses were further condensed using factor analysis to group the variables into basic factors. This study revealed that the sources of reworks included inexperienced personnel, projects executions after a long time of studying, a short period given by owner, poor total project management, inadequate study for project before bidding, and separation between design and executing. Finally, this research recommended that a total commitment to quality management policy applications would lead to a reduction in reworks on Syrian construction projects.
The Dams are large and complex projects, and are generally characterized by the enormous cost of implementation in some cases, and the length of the implementation period, are rarely carried out a dam in Syria within the estimated plan which develo ped his of the cost and time, this is due to the risks that intercepted projects during the implementation phase and directly influenced the basic project objectives ( cost and time and quality). This research experiences to the reality of the implementation of the late dams, through undertake a study the risks suffered by the implementation of sector and influenced the basic objectives of the project (cost - time - quality), through a field survey study includes more than thirty-five dams in Syria. For this purpose have been used survey was distributed to a slice of experts and technicians in the form of dams, has enabled to obtain a list of the risks faced by the implementation of dams in addition to the assessment, In an attempt to develop a scientific methodology to analyze and manage the risks of dam projects by assessing the probability of their occurrence and their impact on the objectives of the project in the event of occurrence, with introduce a new standard for evaluating a detection / control, As per the approach to FMEA /Failure Mode and Effect Analysis/ and incorporate logic fuzzy, and arrange those risks according the Risk Criticality Number (RCN) for each risk early in order be sensitive to them than we can handled properly with proposing appropriate response strategies.
This paper aims to identify key characteristics projects in reconstruction stage in order to assist decision makers to produce appropriate approach to manage those projects effectively. A list of characteristics that may exist in reconstruction projects were identified through intensive literature review and pilot study with various stakeholders involved in in reconstruction stage.
comments
Fetching comments Fetching comments
Sign in to be able to follow your search criteria
mircosoft-partner

هل ترغب بارسال اشعارات عن اخر التحديثات في شمرا-اكاديميا