Abas, M; Khattak, S B; Habib, T and Nadir, U (2022) Assessment of critical risk and success factors in construction supply chain: A case of Pakistan. International Journal of Construction Management, 22(12), pp. 2258-2266. ISSN 1562-3599
Abstract
Assessment of critical risk and success factors is essential for successful execution of construction projects. This paper aims to identify the critical risk and success factors that affect the performance of the supply chain in the construction projects of Pakistan. For this purpose, a methodology was developed to identify risk and success factors. A questionnaire was designed to obtain the opinions of contracting companies, consulting firms, and project managers. Data were collected from 259 respondents and were analyzed statistically. The results of this study identified the top five critical risk factors that were prioritized based on the severity index. The most critical risk factors identified were, funding with a highest percentage of 93.89%, followed by shortage of material/equipment, cash flow, and bad weather. Among success factors, the communication has the highest severity index of 93.23%, followed by trust with a supplier, risk allocation, problem-solving, and joint working. These factors were discussed with implications that affect and impact the performance of the construction industry. The findings of this research can be used to guide the improvements in the construction industry in Pakistan, and other terror hit countries.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | construction supply chain; risk factors; severity index; success factors |
| Index terms: | construction industry, severity index, funding, risk allocation, risk factor, construction supply chain, project manager, weather, methodology, construction project, Pakistan, questionnaire, success factor, cash flow |
| Subjects: | construction logistics, air quality, profession, data collection methods, economic analysis, health monitoring assessment and metrics, financial risk, Geography, production management, research methods, financial management, environmental hazards, industry analysis |
| Topics: | Roles and Professions, Sustainability, Health and Safety, Business Strategy, Cost Management, Geographical Context, Project Management, Research Practice, Supply Chain Management |
| 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