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Assessing the Effect of Design Risks on the Performance of Design-Build Projects in Vietnam
The design risk can have a significant impact on the success of design-build projects. Based on previous research presented by the authors on the identification of 21 design risks in the design-build projects in Vietnam, the design risk factors in design-build projects were classified into five groups: risk of inaccuracy or inadequate design information, inappropriate design risk, inappropriate designer's capacity risk, inappropriate contractor design capacity risk, risk of ambiguity project scale and scope of work. This study analyses the impact of design risks on project performance through three criteria: schedule, cost, and quality. Structural Equation Modelling (SEM) revealed that risk of improper design, risk of improper designer's capacity, risk of ambiguous project scale, and scope of work have a significant and negative impact on the project's performance. The result improves the understanding of design-build contractors to achieve better results thanks to better design risk management.
Assessing the Effect of Design Risks on the Performance of Design-Build Projects in Vietnam
The design risk can have a significant impact on the success of design-build projects. Based on previous research presented by the authors on the identification of 21 design risks in the design-build projects in Vietnam, the design risk factors in design-build projects were classified into five groups: risk of inaccuracy or inadequate design information, inappropriate design risk, inappropriate designer's capacity risk, inappropriate contractor design capacity risk, risk of ambiguity project scale and scope of work. This study analyses the impact of design risks on project performance through three criteria: schedule, cost, and quality. Structural Equation Modelling (SEM) revealed that risk of improper design, risk of improper designer's capacity, risk of ambiguous project scale, and scope of work have a significant and negative impact on the project's performance. The result improves the understanding of design-build contractors to achieve better results thanks to better design risk management.
Assessing the Effect of Design Risks on the Performance of Design-Build Projects in Vietnam
Lecture Notes in Civil Engineering
Reddy, J. N. (editor) / Wang, Chien Ming (editor) / Luong, Van Hai (editor) / Le, Anh Tuan (editor) / Nguyen, Thu Anh (author) / Khanh, Vo Thi Dinh (author) / Do, Sy Tien (author) / Dao, Phuoc Quy (author) / Pham, Truong-An (author)
2022-09-21
12 pages
Article/Chapter (Book)
Electronic Resource
English
Design-build , Design risk , Project performance , Structural Equation Modeling (SEM) Energy , Sustainable Architecture/Green Buildings , Structural Materials , Geotechnical Engineering & Applied Earth Sciences , Building Construction and Design , Construction Management , Environmental Policy , Engineering
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