Research on Delay Risks of EPC Hydropower Construction Projects in Vietnam

Hung, Mai Sy; Wang, Jianqiong

doi:10.4236/jpee.2016.44002

Cited by 16 publications

(11 citation statements)

References 7 publications

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“…Firms were also often unable to get regulatory clearances for their projects specifically in Engineering, Procurement and Construction (EPC) segment. In India, there have been cases of environmental and forest clearances not being provided even after government approvals from other departments and many firms with delayed projects confronted escalated costs and delay in securing revenues (Hung and Wang, 2016). This has also been the case for many hydroelectric and mining projects which were often located in environmentally sensitive zones this has often created critical context for firms has been social unrest (Bhattacharyya, 2007(Bhattacharyya, , 2012.…”

Section: Ijoa 282mentioning

confidence: 99%

Development of an integrated canvas on turnaround strategy

Bhattacharyya

Malik

2019

IJOA

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Purpose The purpose of this study is to provide a comprehensive understanding regarding corporate turnaround. An integrated discussion regarding different corporate failure factors, conditions, symptoms followed by turnaround strategies and its results have been provided. Design/methodology/approach Authors have done a comprehensive systematic and integrated literature review study of research articles on corporate turnaround. The paper reviewed discussed different dimensions of turnaround management. The authors applied thematic reductionist categorisation with logical arguments to develop an integrated turnaround canvas (ICT). Findings An ICT has been developed. ICT is a holistic framework to comprehend turnaround strategy. Impact of precondition and turnaround levers on cash flow dynamics and the operational and strategic levers for successful turnaround performance of the firm has also been presented. Authors have also tabulated the entire spectrum of corporate turnaround. Research limitations/implications This conceptual work would help researchers interested in turnaround research to anchor their study at different points in ICT canvas. This could be at the decline precondition stage, corporate failure state, turnaround levers (strategic and operational) application phase and in terms of turnaround performance. Practical implications The ICT canvas would help managers to identify the set of corporate failure preconditions which might lead their firm to decline phase. The ICT canvas would also help managers based upon the identification of decline preconditions to select an appropriate turnaround interventions required to arrest the corporate failure. Finally, the ICT canvas would help in identifying the operational and strategic levers for successful turnaround implementation and thus achieving the desired corporate performance. Originality/value This is one of the first studies to provide an integrated perspective on corporate turnaround as the developed ICT canvas consisted of identification of decline preconditions, corporate failure, turnaround levers (strategic and operational ) and turnaround performance.

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Section: Ijoa 282mentioning

confidence: 99%

Development of an integrated canvas on turnaround strategy

Bhattacharyya

Malik

2019

IJOA

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“…Belout and Gauvreau (2004) also stated that the “personnel factor” did not have an impact on PS. In Vietnam, Long et al (2004) discussed the success factors and Linh and Hadikusumo (2014) studied the factors leading to EPC project schedule delay, while Hung and Wang (2016) highlighted the main risk factors of EPC projects. However, there is little existing literature on HRD in project management in the construction field, especially the role of HRD in EPC PS.…”

Section: Introductionmentioning

confidence: 99%

Human resource related factors and engineering, procurement, and construction (EPC) project success

Nguyen¹,

Hadikusumo

2018

JFMPC

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Purpose This paper aims to assess the impact of human resource-related factors, including human resource development (HRD) and human resource competency (HRC), on engineering, procurement and construction (EPC) project success (PS), and explore the interrelationship among these factors. Design/methodology/approach Structural equation modeling with the application of SPSS and AMOS software is used to test three hypotheses in the conceptual framework and analyze interrelationships among HRD, HRC and PS. A survey of 800 participants involved in EPC projects throughout Vietnam was conducted. Findings Results showed that HRD affects PS directly. HRC has a direct impact on PS; HRD has a direct impact on HRC, and thus, HRD also affects PS indirectly through HRC. Originality/value The study indicates that the development of a competent human resource for EPC project implementation plays a considerable role in EPC PS. The findings also give project professionals tools for improving HRD and HRC to increase the possibility of EPC PS.

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“…In comparison with other studies on Chinese guanxi, for example, Park and Luo's study [43] with a sample size of 128 and Chung's [9] with 96, this study merely has 57, which is modest because a larger sample size can lessen possible deviations and increase the reliability and general adaptability of results [49,76]. e conclusions of this research require reconfirmation before being widely applied.…”

Section: Resultsmentioning

confidence: 83%

“…Specifically, the measurement is required to pass the KMO's sample test by Generally speaking, the result of the measurement will meet requirements if the value of KMO is greater than 0.5 [75,76], and the result will be better if the value is greater than 0.6.…”

Section: (3) Learning Abilitymentioning

confidence: 99%

The Moderating Effect of Guanxi on the Dynamic Capacity and Competitive Advantage of Chinese International Contractors

Lin

Chen²,

Chen

et al. 2018

Advances in Civil Engineering

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With the active support of the national policy "One Belt and One Road" Initiative, Chinese contractors seized this historic opportunity to accelerate strategic globalization, and they gradually stood out in international construction projects owing to their low-cost advantage. However, despite China having large-scale contractors and wide-range business, compared to developed countries, a considerably large gap still exists. China is confronted with complex and changeable international projects filled with increasing competition. us, it is both a focus issue and a major task for Chinese international contractors, and many scholars, to consider how Chinese contractors can obtain and maintain long-term competitive advantages to improve their capabilities in response to dynamic environmental changes. erefore, the objectives of this study are (1) to study the influence of the dynamic capability of Chinese contractors on competitive advantage in a project and (2) to explore the moderating effect of Chinese guanxi on the dynamic capability and competitive advantage of Chinese international contractors.is study primarily aimed at researching the impact of dynamic capacity of Chinese contractors on competitive advantage and the moderating effects of Chinese guanxi. e findings suggest that the environmental perception capability and the integration and coordination capability of the dynamic capability have a significant positive effect on the project competitive advantage; business guanxi positively moderates the relationship between the environmental perception capability and the competitive advantage. Business guanxi also negatively moderates the relationship between learning ability and competitive advantage, while political guanxi negatively moderates the relationship between the environmental perception capability and competitive advantage. is paper contributes to the construction management literature not only by providing empirical evidence on the dynamic capability and competitive advantage of Chinese contractors but also by expanding guanxi research. e results may also help Chinese contractors by providing strategic reform guidance and sustainable development in international construction projects.

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Research on Delay Risks of EPC Hydropower Construction Projects in Vietnam

Cited by 16 publications

References 7 publications

Development of an integrated canvas on turnaround strategy

Development of an integrated canvas on turnaround strategy

Human resource related factors and engineering, procurement, and construction (EPC) project success

The Moderating Effect of Guanxi on the Dynamic Capacity and Competitive Advantage of Chinese International Contractors

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