An exploratory study of relationships between stakeholders' risk perceptions and their roles and experience in construction industry

Al Nahyan, M T; Hawas, Y E and Raza, M (2021) An exploratory study of relationships between stakeholders' risk perceptions and their roles and experience in construction industry. International Journal of Construction Management, 21(7), pp. 738-754. ISSN 1562-3599

Abstract

This study explores relationship between variations in risk perceptions of various stakeholders and their roles and experience in the construction industry. A sample of 133 respondents from different stakeholder groups was picked from the UAE construction industry, and surveyed through an online questionnaire to collect data on respondents' experience, roles, and risk perceptions. Variations in risk perceptions were analyzed by grouping the respondents by experience and roles. Given the ordinal nature of the data, only nonparametric statistical techniques were used in the analysis. According to the results, the roles and experience of stakeholders significantly affected their risk perceptions in many cases. For example, there was a statistically significant discordance between clients and contractors regarding the importance of delegating decision-making authority. Likewise, significant discordance was observed between more experienced and less experienced sub-groups of clients regarding the importance of design quality and documentation.

Item Type: Article
Uncontrolled Keywords: experience; risk perceptions; role; stakeholders
Index terms: construction industry, design quality, risk perception, exploratory study, documentation, decision-making, variation, questionnaire
Subjects: professional practice, data collection methods, decision analysis, environmental hazards, industry analysis, research methods, professional development, contractual condition
Topics: Contract Administration, Design Practice, Risk Management, Sustainability, Information Management, Research Practice
Descriptive scope: 4 PCTA

N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here