A structural equation model to assess the effects of strategic and project related potential risks on project delivery in Qatar
Abstract
Purpose: The aim of this paper is to study the effect of strategic and project related potential risks on project delivery in Qatar. Two objectives have been defined. The first is to identify potential risk indicators (manifest variables) and categorize them (constructs/latent variables) based on a literature review, while the second is to examine and rank the relationships between the indicators and constructs by developing a structural equation model. Design/methodology/approach: Twenty-five indicators were identified from the literature review and categorized into five groups. To collect the data, an online questionnaire was distributed in Qatar, and 116 responses were obtained. Structural equation modeling (SEM) was used to examine the model. The model that was developed based on the research hypothesis met goodness-of-fit, reliability and validity requirements. Findings: The results showed that all constructs contributed well to the model and that the project parties (PPs) have the highest contribution with an effect weight of 0.209 followed by economic and legal (EL) conditions with an effect weight of 0.205. Site and safety (SS) conditions were third with an effect weight of 0.200 while environmental, natural and technological (ENT) conditions were fourth with an effect weight of 0.1989. The last ranked construct is political and social (PS) conditions with an effect weight of 0.186. Based on the outcome of the SEM, recommendations were provided to industry professionals in Qatar about mitigating the impact of potential risks on construction project. Originality/value: To the authors' best knowledge, this is the first study to quantify the effects of strategic and project related risks on a construction project using SEM, considering the risk management indicators of SS, EL, ENT, PS in Qatar. The study's practical implications are to enlarge the project's risk management plan by considering the strategic and project related risks to enhance the project performance for the cost overrun and delay. The study is intended for construction projects in Qatar, but it can easily be adapted to other parts of the world given the local circumstances.
Collections
- Civil and Environmental Engineering [850 items ]
Related items
Showing items related by title, author, creator and subject.
-
Variation Orders in Building Projects in Khartoum State-Sudan: The Causes and the Impact on Projects Performance
( Qatar Univesrity Press , 2020 , Conference Paper)"Occurrence of variation orders (VOs) is a common phenomenon in building projects and a challenging feature. Opinions and feedback of the stakeholders of building projects at Khartoum State – Sudan were investigated to ... -
Project Risk Based Evaluation for Infrastructure Works in Qatar: Highway Projects
( Qatar Univesrity Press , 2020 , Conference Paper)The implementation of a project for infrastructure works such as highways, bridges, flyovers, underpasses, tunnels, etc. can be complexed and unique. This has always required a proper project management system that ... -
Robust Geotechnical Hazard Identification and Assessment for Major Underground Projects in Qatar. Case Study: South of Wakrah Pumping Station and Outfall (SWPSO) Project
( Qatar University Press , 2023 , Conference Paper)The recent global development in geotechnical and geophysical investigation methodologies has continued to improve the possibility of early identification of critical geohazards and mitigation of risks associated with ...
