Critical Barriers to Implementing Risk Assessment and Management Practices (RAMP) in the Iranian Construction Sector

Chileshe, Nicholas; Hosseini, M. Reza; Jepson, Jacqueline

doi:10.21315/jcdc2016.21.2.5

Cited by 26 publications

(22 citation statements)

References 58 publications

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“…This shortcoming makes the industry loose potential gains inherent in application of risk management procedures [2]. Failure of most construction projects to complete in the agreed time and budget is alleged attributed to risks inherent in construction projects [3,4].…”

Section: Introductionmentioning

confidence: 99%

Risk Factors in Cost Estimation: Building Contractors’ Experience

Eliufoo¹

2018

AJCEA

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The study has examined risk factors in cost estimation of building construction projects. An investigation was made of risk emanating from risk factors as perceived by building contractors. Data was collected by use of questionnaires were a total of 61 questionnaires were administered to building contractors. The analysis considered four categories of risk factors: construction, physical, financial and estimator's risk factors. The results show estimator's risk factors as perceived to have the highest risk on cost estimates. Overall respondents view indicate all four categories of risk factors have an influence to project performance at a range of moderate to high. The study has also established potential risks that originate from risk factors. Such risks are noted to work against the achievement of project goals and include amongst others, project delays, cost overrun and performance failures. It is hence recommended by the study for not only contractors to be vigilant in mitigation of risk factors, but clients as well should also take this initiative as they are bound to suffer when inaccurate cost estimates are committed to a project.

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Section: Introductionmentioning

confidence: 99%

Risk Factors in Cost Estimation: Building Contractors’ Experience

Eliufoo¹

2018

AJCEA

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“…They outlined that SMEs' knowledge and experience in the process have precedence over organisational constraints. This emphasised the viewpoints of Chileshe and Kikwasi [16] that the absence of awareness and experience in tools and techniques are two key innate challenges of professionals in managing risk in construction industry. Therefore, assessing the most beneficial tools and techniques helps SMEs in the practise of risk management and improves business management.…”

Section: Introductionmentioning

confidence: 99%

Tools and Techniques in Risk Identification: A Research within SMEs in the UK Construction Industry

Rostami¹

2016

ujm

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Risk identification plays a key role in the success of managing risk. Failure in the identification of risks can cause inadequacy in the whole process of risk management which led to non-achievement of organisational objectives. Tools and techniques facilitate the process of identification, and need to be adopted on the basis of firms' characteristics. The difficulty to recognise applicable tools and techniques within organisations is investigated as one of the key barriers that obstruct practise of risk management. This study discusses the efficacy of different tools and techniques of risk identification within Small and Medium Enterprises (SMEs) in the UK construction industry. Results from a questionnaire survey shows the challenges faced by SMEs in undertaking risk identification and highlights the most common techniques adopted among 453 organisations. Documentation review, expert judgment, checklist analysis and information gathering are seen as the most important techniques within risk identification; which are practised for their valuable results, uncomplicated processes and easy to understand structure. Conversely, the group-based techniques like brainstorming and Delphi techniques because of SMEs' inadequate level of knowledge and resources are less practised.

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“…Fourth, and finally, examination of Table 1 showed that there was a limited acknowledgement of the relevant PM practices and principles. Therefore, drawing upon similar recommendations by studies such as [88,93] undertaken in developing countries like Tanzania and Iran, there is a clear need of raising the awareness of the importance of these PM practices and principles. Future studies could pursue the extent the integration of these crucial PMBOK areas within the curricula of higher institutions of learning.…”

Section: Structured Framework For Future Studiesmentioning

confidence: 96%

Identifying Project Management Practices and Principles for Public–Private Partnerships in Housing Projects: The Case of Tanzania

Kavishe

Chileshe

2018

Sustainability

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Despite the advocated benefits of Public–Private Partnerships (PPPs) such as alleviating the housing problems within the developing countries, the PPP implementation process is fraught with several challenges; including project management (PM) related ones. Tanzania, like many developing countries, has higher PPP projects termination rates in comparison to the global average. This suggests a lack of effective PM practices and principles integration. To bridge that knowledge gap, this study applies the theoretical lenses of innovation diffusion theory (IDT) to identify the extent of integration of PM practices and principles during the implementation of PPPs in Tanzanian housing projects. A qualitative approach comprising 10 semi-structured interviews was conducted among PPP practitioners. Directed content analysis was employed for the analysis. Based on frequency of citations, 14 PPPs sustainable PM practices and principles for PPPs implementation are identified. The three most relevant practices and principles were: official and unofficial site visits, documenting the inspections, and site meetings. Assessing the actual work done against the schedule of works was identified as the prevalent project performance of PPP. The results are expected to further nurture an improved appreciation of the best integration PM practices and principles associated with successfully implementing PPPs in housing projects.

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Critical Barriers to Implementing Risk Assessment and Management Practices (RAMP) in the Iranian Construction Sector

Cited by 26 publications

References 58 publications

Risk Factors in Cost Estimation: Building Contractors’ Experience

Risk Factors in Cost Estimation: Building Contractors’ Experience

Tools and Techniques in Risk Identification: A Research within SMEs in the UK Construction Industry

Identifying Project Management Practices and Principles for Public–Private Partnerships in Housing Projects: The Case of Tanzania

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