Investigating factors affecting feasibility study of construction projects in iraq

Abstract

The views at the construction field emboss that construction parties are looking for a higher benefit during implementing aspects of any project. The feasibility study is one of the serious and significant matters in construction sectors as well as in other engineering fields as it has a high impact on investment decision-making. To gain rigorous decisions from decision-makers or contractual parties (client, consultant, and contractor), there is a need for valuable feasibility studies in any construction project. This paper aims to study the influence of some identified factors on feasibility studies as well as the extents of priorities of various feasibility studies. In this paper, the critical factors that have an impact on sequences of initial feasibility studies during the lifecycle of a construction project were identified as well as the associated studies (legal, environment, marketing, technical, managerial, schedule, financial and economic). In this study, 12 factors were identified, analyzed, and thoroughly discussed to have recommendations of their impact on initial feasibility in construction projects in Iraq via a questionnaire survey and a series of expert interviews conducted in Iraq. The Analytical Hierarchy Process (AHP) as a multi-criteria decision support system was adopted to examine the weight of each factor. In addition, an analysis by the Relative Importance Index (RII) was carried out to rank eight types of feasibility studies in terms of their perceived importance. The results of AHP indicated that the local shortage of database about the feasibility study was the most critical factor. Indeed, RII's result showed that all kinds of feasibility for construction projects in Iraq are not adopted by the client. In fact, the economic feasibility study was the most popular than others.

The Feasibility Study Report as an Effective Tool to Evaluate Investment Projects: A Solid Waste Treatment Project as a Case Study

“…Contracting authorities prepare themselves the FSs or hire external consultants [22][23]. If external consultants are hired, the authority staff is involved in the complete study development process and provides most of the information and data required to assess the situation, including costs, staffing, etc.…”

Examing the Practice of Mangement Aspects and Maintenance Implementations of Welfare Facilities in Iraq’s Construction Industry

“…Any faults ought to be right rectified as quickly as possible. Action must be taken without delay to isolate and rectify the fault where there is a danger of serious or imminent harm [1], [3], [4], [8], [10], [18], [19], [30]. Wherever the deficiency begins not to act a fulmination though presents the equipment inadequate for the application, for illustration, a not function bathroom, it may further comprise considered without of service till it is restored or replaced in Table 1.…”

“…Malaysia is working actively towards achieving a high-income The increasing demand for construction services and supplies requires the overall growing construction industry to provide the vital needs for site welfare facilities to be incorporated into the construction process, especially concerning the worker's health and well-being (HSE) [1]. Moreover, the nature of work in the construction industry is commonly considered dangerous and hazardous, consequent to the amount of excessive and sophisticated construction labour work, which differs widely with the environment of the project [2]- [4]. The construction industry is mainly known as labour-intensive, besides the fact known as most of the labourers are unqualified and unskilled for such works.…”