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Emperical study of critical risk factors causing delays in construction projects

机译:导致建设项目延误的关键风险因素的实证研究

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摘要

Pakistani construction industry is flourishing rapidly in terms of infrastructure development due to large investment in this sector for past few years. However, construction delays are of major concern to project managers working in construction industry which leads to poor project performance or failure of the project. These delays are caused due to various external and internal factors. Risks involved on projects are one of major factors that results in project delays which affects all the stakeholders. This research contributes towards identification of critical risk factors causing delays in the construction projects being implemented in Islamabad and Rawalpindi. Detailed literature review and interviews with experts from construction industry were conducted, on the basis of which a total of 29 risks from 5 major categories (financial, technical, design, labor and external risks) were identified. To find out the relationship between these risk factors and project delay, a quantitative questionnaire survey was conducted. Data were analyzed using SPSS and RII (Relative Importance Index). Risks categories were ranked using RII to identify most important risks that cause project delay and mitigated them as early as possible. A a result of this survey design risks were ranked first, external risks at second, technical and labor risks were ranked third while financial risks were ranked forth. Recommendations were made considering the study findings.
机译:由于过去几年对该领域的大量投资,巴基斯坦建筑业在基础设施发展方面正在迅速发展。但是,施工延误是从事建筑行业的项目经理的主要关切,这会导致不良的项目性能或项目失败。这些延迟是由于各种外部和内部因素引起的。项目涉及的风险是导致项目延期的主要因素之一,延误了所有利益相关者。这项研究有助于识别导致伊斯兰堡和拉瓦尔品第正在实施的建设项目出现延误的关键风险因素。进行了详细的文献回顾并与建筑行业的专家进行了访谈,在此基础上,确定了来自5个主要类别(财务,技术,设计,人工和外部风险)的29种风险。为了找出这些风险因素与项目延误之间的关系,进行了定量问卷调查。使用SPSS和RII(相对重要性指数)分析数据。使用RII对风险类别进行了排名,以识别导致项目延误并尽早缓解的最重要风险。这项调查的结果是设计风险排名第一,外部风险排名第二,技术和人工风险排名第三,财务风险排名第三。根据研究结果提出了建议。

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