Alashwal, A M and Al-Sabahi, M H (2018) Risk factors in construction projects during unrest period in Yemen. Journal of Construction in Developing Countries, 23(2), pp. 43-62. ISSN 1823-6499
Abstract
Construction projects are inherently exposed to various risk and uncertainties. Numerous studies have identified risk factors in construction projects in developed and developing countries. Yemen has witnessed revolutions and wars during the past six years, which affected the construction sector among other sectors. The purpose of this paper is to determine risk factors during the unrest period in Yemen. A list of 72 risk variables was developed based on the literature review followed by a questionnaire survey to determine relevant variables and factors. The results of this study explored new components of risk variables, namely environmental, resource-related, technical, conflict, design-related, profit-related, liquidity and revolution, and change. In addition, the results indicated critical risks affecting construction projects and main strategies to respond to them. The results of this paper provide an essential step for managing risks, so project managers and other professionals can ensure good project performance. However, further study is required to investigate the effectiveness of risk response strategies proposed in this paper.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | factor analysis; relative importance index; revolution; risk allocation; risk identification; risk response |
| Index terms: | Yemen, construction sector, questionnaire, construction project, risk identification, survey, risk response, profit, relative importance index, strategy, literature review, developing country, risk response strategy, risk allocation, effectiveness, risk factor, project performance, factor analysis, war, project manager, liquidity |
| Subjects: | data analysis and analytics, economic analysis, data collection methods, risk assessment, profession, industry analysis, environmental hazards, statistical analysis, management, performance management, production management, conflict and crisis studies, Geography, development economics, financial risk, project management theory and practice |
| Topics: | Legal Issues, International Construction, Quality Management, Risk Management, Roles and Professions, Sustainability, Business Strategy, Cost Management, Research Practice, Project Management, Geographical Context |
| 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