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Factors affecting contractor's business failure: contractors' perspective
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The main objective of this paper is to identify the factors that have the potential to cause a contractor's business failure in the West Bank in Palestine and to determine their impact level from the contractor's viewpoint.
A survey of 84 contractors from the West Bank in Palestine was performed. A total of 44 factors were considered in this study and were listed under three groups, i.e. financial, managerial, and external.
Contractors have ranked the following factors as highly influential with huge potential to cause contractor's business failure: fluctuation in construction material costs; delay in collecting dibs from clients; lack of experience in contracts; low margin of profit due to competition; and closure and limitation of movement between West Bank areas.
This paper identified the factors that have the potential to cause contractor's business failure in the West Bank in Palestine and determined their impact level from the contractor's viewpoint.
Factors affecting contractor's business failure: contractors' perspective
–
The main objective of this paper is to identify the factors that have the potential to cause a contractor's business failure in the West Bank in Palestine and to determine their impact level from the contractor's viewpoint.
A survey of 84 contractors from the West Bank in Palestine was performed. A total of 44 factors were considered in this study and were listed under three groups, i.e. financial, managerial, and external.
Contractors have ranked the following factors as highly influential with huge potential to cause contractor's business failure: fluctuation in construction material costs; delay in collecting dibs from clients; lack of experience in contracts; low margin of profit due to competition; and closure and limitation of movement between West Bank areas.
This paper identified the factors that have the potential to cause contractor's business failure in the West Bank in Palestine and determined their impact level from the contractor's viewpoint.
Factors affecting contractor's business failure: contractors' perspective
Mahamid, Ibrahim (author)
Engineering, Construction and Architectural Management ; 19 ; 269-285
2012-04-27
17 pages
Article (Journal)
Electronic Resource
English
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