Risk assessment and allocation in the UAE construction industry

El-Sayegh, Sameh M.

doi:10.1016/j.ijproman.2007.07.004

Cited by 369 publications

(264 citation statements)

References 12 publications

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“…Some aspects that stand out in this vision refer to the changes -project without major changes (El-Sayegh, 2008;Shenhar & Dvir, 2007); activities: activities being managed on the progress (Ghosh & Jintanapakanont, 2004;Shenhar & Dvir, 2007); integration -presence of a detailed framework and integration between budget and schedule of activities (Raz et al, 2002;Shenhar & Dvir, 2007); and risks -risk management throughout the project (Ghosh & Jintanapakanont, 2004;Shen et al, 2006).…”

Section: Theoretical Frameworkmentioning

confidence: 99%

“…However, its practice in projects (risk assessment) is still considered insufficient and ineffective (Chapman & Ward, 2004) to ensure best performances (Elkington & Smallman, 2002;Ke et al, 2010;El-Sayegh, 2008;Shengli et al, 2008;Mu et al, 2014). From this finding emerges the first proposition: PR01 -risk assessment by management of risk factors improves the performance of infrastructure projects.…”

Section: Theoretical Frameworkmentioning

confidence: 99%

“…Additionally, Raz et al (2002) adds that there is a positive correlation between the management of the risk factors and the performance of projects. In this respect, this management already would reduce the impact on the different goals of the projects (El-Sayegh, 2008;Shengli et al, 2008;Love et al, 2011).…”

Section: Theoretical Frameworkmentioning

confidence: 99%

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Caracterização da gestão de fatores de risco em projetos de infraestrutura

2017

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ISSN 0104-530X (Print) ISSN 1806-9649 (Online) Resumo: Este estudo tem por objetivo compreender como se caracteriza a gestão dos fatores de risco no desempenho de projetos de infraestrutura. Para tal, utilizou-se o referencial teórico associado tanto à literatura voltada para o gerenciamento de riscos quanto sobre complexidade e desempenho de projetos. A estratégia de pesquisa utilizada baseou-se no método de estudo de casos múltiplos, compreendendo a análise de cinco empreendimentos em dois segmentos econômicos distintos. As evidências empíricas sugerem que o impacto dos fatores de risco no desempenho dos projetos depende da intensidade da gestão dos riscos e das habilidades dos gerentes de risco, mas não varia com a complexidade dos projetos. O estudo também indica que a intensidade do desempenho nas dimensões analisadas varia de acordo com a influência dos fatores considerados. Palavras-chave: Projeto de infraestrutura; Desempenho; Gerenciamento de risco; Fator de risco; Complexidade.Abstract: This study aims to understand how risk factor management is characterized in the performance of infrastructure projects. The multiple-case study methodology was used, including the analysis of five projects in two different economic sectors. Empirical evidence suggests that the impact of risk factors in the performance of projects depends on risk management intensity and on the skills of risk managers, but it does not vary with project complexity. Furthermore, the intensity of the analyzed performance dimensions may vary according to the influence of the factors considered.

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Section: Theoretical Frameworkmentioning

confidence: 99%

Section: Theoretical Frameworkmentioning

confidence: 99%

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Caracterização da gestão de fatores de risco em projetos de infraestrutura

2017

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“…In the following year, a study on the foreign firms' financial and economic risk in China identified four financial risks, namely 'interest rate fluctuation', 'financial failure', 'no or delayed payment', and 'contractors or subcontractors' default' [16]. A survey conducted by El-Sayegh (2008) to identify and assess the significant risks in the United Arab Emirates (UAE) construction industry has identified two financial risks-'delayed payment' and 'sudden bankruptcy' [17].…”

Section: A Internal Risk-financial Aspectmentioning

confidence: 99%

“…Three economic risks are found through a study on foreign firms' financial and economic risk in China comprising 'foreign exchange fluctuation', 'inflation' and 'labour and material price fluctuation' [16]. Delving into the assessment and allocation of risk in the UAE construction industry, El-Sayegh (2008) identified a number of economic risks relating to 'inflation', 'currency fluctuation', 'shortage in material availability', 'shortage in manpower availability' and 'shortage in equipment availability' [17].…”

Section: B External Risk-economic Aspectmentioning

confidence: 99%

Malaysian Contractors in Gulf Construction: A Preliminary Study on Financial and Economic Risks

Loo¹,

Abdul‐Rahman²

2012

IJET

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Abstract-Middle East possesses a strong spending power that few other economies can contest, presenting a greater medium to long-term opportunities than most other parts of the world, albeit the downturn in Dubai. The aim of this paper is to investigate how Malaysian contractors manage financial and economic risks when operating in the Gulf construction industry. The data collection method was face-to-face in-depth interviews with three experts from Malaysia whom had experiences in Gulf construction industry. This paper identified the financial and economic risks encountered by the Malaysian contractors and their risk response measures. From the findings, it was obvious that the Gulf economies encouraged ventures from foreign firms but the risks faced by those firms were mostly on the internal financial aspects. The findings were purely an indication on the risk management practice in the Gulf based on three in-depth interviews with Malaysian experts in the Gulf construction. This preliminary study did not involve construction projects from all countries in the Gulf region; it covered only Saudi Arabia, Qatar, United Arab Emirates (UAE) and Bahrain, but left out Oman and Kuwait due to the absence of their projects awarded to Malaysian contractors.Index Terms-Economic risk, financial risk, international and overseas construction, risk management.

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Development and validation of a fatigue assessment scale for U.S. construction workers

Zhang

Sparer²,

Murphy

et al. 2015

American J Industrial Med

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Objective To develop a fatigue assessment scale and test its reliability and validity for commercial construction workers. Methods Using a two-phased approach, we first identified items for the development of a Fatigue Assessment Scale for Construction Workers (FASCW) through review of existing scales in the scientific literature, key informant interviews (n=11) and focus groups (3 groups with 6 workers each) with construction workers. The second phase included assessment for the reliability, validity and sensitivity of the new scale using a repeated-measures study design with a convenience sample of construction workers (n=144). Results Phase one resulted in a 16-item preliminary scale that after factor analysis yielded a final 10-item scale with two sub-scales (“Lethargy” and “Bodily Ailment”).. During phase two, the FASCW and its subscales demonstrated satisfactory internal consistency (alpha coefficients were FASCW (0.91), Lethargy (0.86) and Bodily Ailment (0.84)) and acceptable test-retest reliability (Pearson Correlations Coefficients: 0.59–0.68; Intraclass Correlation Coefficients: 0.74–0.80). Correlation analysis substantiated concurrent and convergent validity. A discriminant analysis demonstrated that the FASCW differentiated between groups with arthritis status and different work hours. Conclusions The 10-item FASCW with good reliability and validity is an effective tool for assessing the severity of fatigue among construction workers.

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Risk assessment and allocation in the UAE construction industry

Cited by 369 publications

References 12 publications

Caracterização da gestão de fatores de risco em projetos de infraestrutura

Caracterização da gestão de fatores de risco em projetos de infraestrutura

Malaysian Contractors in Gulf Construction: A Preliminary Study on Financial and Economic Risks

Development and validation of a fatigue assessment scale for U.S. construction workers

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