A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Analysing critical risk factors of Indian road construction projects: a fuzzy DEMATEL approach
Road construction projects involve multiple stakeholders (clients, concessionaires, suppliers, contractors, consultants, and end users) from concept to completion. Because these projects involve multiple stakeholders and large sums of money, it is important to meet their deadlines and costs. To complete these projects within time and cost, it is necessary to identify and minimize various obstacles encountered in them. In the present study, a questionnaire was created by listing 12 Critical Risk Factors (CRFs) through a thorough literature review and focused discussion with stakeholders to accurately identify the barriers and risks involved in these projects. Empirical and analytical methods (fuzzy-DEMATEL) were used to analyze these CRFs. By separating CRFs into cause-and-effect groups, an interrelationship has been established between them. The study shows that construction risk has critical to improve the system and requires maximum response from stakeholders. It is also concluded that time overruns and cost risk groups are highly influenced by the cause group CRF. Finally, a risk response strategy and approach to the identified and analysed risks are suggested to improve the performance of these projects. The findings may help in identifying risks and suggesting mitigation strategies in road construction in India.
Analysing critical risk factors of Indian road construction projects: a fuzzy DEMATEL approach
Road construction projects involve multiple stakeholders (clients, concessionaires, suppliers, contractors, consultants, and end users) from concept to completion. Because these projects involve multiple stakeholders and large sums of money, it is important to meet their deadlines and costs. To complete these projects within time and cost, it is necessary to identify and minimize various obstacles encountered in them. In the present study, a questionnaire was created by listing 12 Critical Risk Factors (CRFs) through a thorough literature review and focused discussion with stakeholders to accurately identify the barriers and risks involved in these projects. Empirical and analytical methods (fuzzy-DEMATEL) were used to analyze these CRFs. By separating CRFs into cause-and-effect groups, an interrelationship has been established between them. The study shows that construction risk has critical to improve the system and requires maximum response from stakeholders. It is also concluded that time overruns and cost risk groups are highly influenced by the cause group CRF. Finally, a risk response strategy and approach to the identified and analysed risks are suggested to improve the performance of these projects. The findings may help in identifying risks and suggesting mitigation strategies in road construction in India.
Analysing critical risk factors of Indian road construction projects: a fuzzy DEMATEL approach
Tiwari, Anubhav (author) / Singh, Shailender (author) / Routroy, Srikanta (author) / Gopinath, Athira (author) / Sahu, Prasanta K. (author)
International Journal of Construction Management ; 25 ; 469-480
2025-03-12
12 pages
Article (Journal)
Electronic Resource
English