Chileshe, N; Reza Hosseini, M and Jepson, J (2016) Critical barriers to implementing risk assessment and management practices in the Iranian construction sector. Journal of Construction in Developing Countries, 21(2), pp. 81-112. ISSN 1823-6499
Abstract
Late completions, frequent work stoppages and cost overruns are common issues in developing countries. Effective risk management (RM) can be utilised to address these common construction issues; however, the uptake of risk management within the Iranian construction industry, as in many developing nations, is limited. This study explored why RM is not used through a questionnaire survey of 90 professionals in the Iranian construction industry. The findings show that professionals in the industry perceive the three greatest barriers to be (1) a lack of experience among practitioners, (2) the lack of available risk management consultants and (3) a lack of knowledge and necessary skills. In contrast, the professionals believed that the least common barriers were tight scheduling of projects and costs associated with risk management implementation. No significant differences were found between the perceptions of the three sub-groups-contractors, consultants and clients (private and public)-regarding the barriers to risk management. The study contributes to the field by providing insights into what causes the low level of implementation of risk assessment and management practices (RAMP) in Iran. It is anticipated that this type of study will result in raising the level of awareness about practices designed to improve risk management in developing countries. The study advocates a number of solutions for addressing the identified barriers. These solutions can be implemented or used as guidelines by construction companies and policy makers in other developing countries confronting similar problems.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | barriers; construction industry; developing countries; Iran; risk assessment; risk management |
| Index terms: | developing country, scheduling, developing nation, survey, construction company, management practice, questionnaire, practitioner, construction sector, low level, cost overrun, risk assessment, risk management, construction industry, implementation |
| Subjects: | organization, risk assessment, data collection methods, practitioner, operations research, financial and cost management, contractual arrangements, management, financial risk, development economics, measurement and scaling, industry analysis |
| Topics: | International Construction, Time Control, Cost Management, Business Strategy, Research Practice, Risk Management, Roles and Professions, Procurement |
| Descriptive scope: | 5 PCTEA |
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