Risk Assessment and Allocation in Highway Construction Projects in the UAE

El-Sayegh, Sameh M.; Mansour, Mahmoud H.

doi:10.1061/(asce)me.1943-5479.0000365

Cited by 180 publications

(131 citation statements)

References 31 publications

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“…El-Seyegh [4] showed in previous studies that fifty-five percent of the respondents indicated that the risks shared between the client and contractor while thirty-eight percent indicated that the risk allocated to the contractor. Meanwhile, the client allocated the risk only seven percent on their responsibility.…”

Section: Risk Allocation In Design and Build Projectsmentioning

confidence: 99%

Stakeholder’s Perspective on Risks Allocation in Design and Build Projects in Malaysia

et al. 2017

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Abstract. Design and Build (DB) projects are prone with high risks. The appropriate risk allocation among contracting parties in Design and Build (DB) projects is an important and essential decision leading to the project performance. The establishment of risk allocation at early stage of the projects will contribute great impact to the project objective. It is required judgement and experiential knowledge of the construction experts to determine the appropriateness of risk allocation to the parties involved in DB projects. Therefore, this study has been carried out to investigate and determine the most responsible parties that should handle the risk in DB projects. A total of 170 responses from stakeholder's (Client, Consultant and Contractor) were received and analysed by using descriptive statistics and Kruskal-Wallis test. Sixty-four risk allocation criteria were used and the results of these analyses shows that 41 risks allocated to the contractor, 9 risks allocated to the client, 6 risks allocated to the consultant, and 8 risks are undecided. There were 17 risks allocations were found with significant differences in between stakeholders on their perceptions. This paper is to help stakeholders define clearly their responsibilities on risks in DB projects and make a better decision in handling it.

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Section: Risk Allocation In Design and Build Projectsmentioning

confidence: 99%

Stakeholder’s Perspective on Risks Allocation in Design and Build Projects in Malaysia

et al. 2017

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“…Through a large number of investigation of Indian experts, 93 kinds of potential risk factors are divided into two groups and nine classes, which uses fuzzy analytic hierarchy process [6]. In the United Arab Emirates (UAE) highway engineering project evaluation, 33 risk factors are pointed out that, through the relative important index (RII), key risk affecting highway are pointed out, which includes low planning efficiency, unexpected underground facilities, the design quality and integrity, slow approval and land acquisition delay [7]. In practice, due to the conditions of different countries and regions, the same factors in different stages of practice, the factors causing delays is also different, which need discusses respectively, so the condition in Vietnam is no exception.…”

Section: Theory Analysismentioning

confidence: 99%

Determiners of Schedule Delay Risk of the Highway Project in Vietnam: Based On the SEM model

Vu¹,

Wang²,

Liu³

et al. 2016

Proceedings of the 2016 International Forum on Management, Education and Information Technology Application

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Abstract.With the economic development of Vietnam in recent years, the highway construction develops rapidly and brings the international construction companies a good opportunity, but the phenomenon of schedule delays has a serious impact on the project investment efficiency, cost and reputation. In this paper, on the basis of former study and combining with interviews of Vietnam expert, we investigated the influential factors of highway construction schedule in Vietnam by the questionnaire survey in 2014, and evaluated the mutual influence of the above factors by using structural equation model (SEM). The empirical results showed that the 7 factors had significant impacts on the construction schedule delay. Finally, we propose the specific management suggestions to improve the international construction companies' ability of risk management when participating in the highway project contract in Vietnam.

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“…Based on this that risk management needs to be studied. In the PMBOK (Project Management Body of Knowladge) noted that the risk management of the project includes the implementation of risk management planning, identification, analysis, response planning and control and monitoring of the project, and the key to risk management is the identification and assessment of risks [10].…”

Section: Risk Assessment Techniquesmentioning

confidence: 99%

A Review on Risk Factors in the Project of Oil and Gas Industry

Rodhi

Anwar

Wiguna

2017

JTS

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Abstract In Each activity in the oil and gas industry there are risks that could hamper the project and also there is a huge risk to the environment, social and economic. Besides oil and gas industry projects also have the potential to be dangerous to life, property and the environment, the hazard can occur if the activity is not controlled and regulated by appropriate. Basically, the disaster is certainly not possible to be planned and can occur at any time. But the circumstances of a disaster can be anticipated, that is the way to plan preventive measures and control.Based on the description above, this paper aims to discuss risk factors and risk assessment techniques that can help sustainable development programs. From the results of this study note that the risk factors of projects in the oil and gas industry is very complex, so a risk analysis must be done from various aspects, namely the project itself, the environment and disaster and should be integrated with aspects of sustainable development. As for the suggested technique is a combination of monte carlo and system dynamics. KeywordsSustainable Development, Risk Assessment Techniques, Combination Monte Carlo and System DynamicsAbstrak Dalam setiap kegiatan di industri minyak dan gas ada risiko yang dapat menghambat proyek dan juga ada risiko besar terhadap lingkungan, sosial dan ekonomi. Selain proyek industri migas juga berpotensi membahayakan kehidupan, properti dan lingkungan, bahaya bisa terjadi jika aktivitasnya tidak terkontrol dan diatur dengan tepat. Pada dasarnya, bencana ini tentu tidak mungkin direncanakan dan bisa terjadi kapan saja. Namun keadaan bencana dapat diantisipasi, itulah cara untuk merencanakan tindakan pencegahan dan pengendalian. Berdasarkan uraian di atas, makalah ini bertujuan untuk membahas faktor risiko dan teknik penilaian risiko yang dapat membantu program pembangunan berkelanjutan. Dari hasil penelitian ini diketahui bahwa faktor risiko proyek di industri minyak dan gas bumi sangat kompleks sehingga analisis risiko harus dilakukan dari berbagai aspek, yaitu proyek itu sendiri, lingkungan dan bencana dan harus diintegrasikan.

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Risk Assessment and Allocation in Highway Construction Projects in the UAE

Cited by 180 publications

References 31 publications

Stakeholder’s Perspective on Risks Allocation in Design and Build Projects in Malaysia

Stakeholder’s Perspective on Risks Allocation in Design and Build Projects in Malaysia

Determiners of Schedule Delay Risk of the Highway Project in Vietnam: Based On the SEM model

A Review on Risk Factors in the Project of Oil and Gas Industry

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