STRATEGIES TO IMPROVE RISK MANAGEMENT IN CONSTRUCTION INDUSTRIES

2021 ◽  
Vol 8 (1) ◽  
Author(s):  
Yisakor Solomon Ferede ◽  
WELLINGTON DIDIBHUKU THWALA ◽  
NOKULUNGA XOLILE MASHWAMA
Keyword(s):  
Risk Management ◽  
Construction Industry ◽  
Construction Projects ◽  
Management Strategies ◽  
Parametric Modelling ◽  
Building Information Modelling ◽  
Defensive Strategies ◽  
Risk Management Strategies ◽  
Building Information ◽  
Response Percentage

In today’s world of construction, management of risks is no more about defensive strategies where the management system only protects the business. Modern-day risk management strategies should protect the business from risks, and in addition, should improve the values of the construction industry. The risk management strategies covered in this work, for the Ethiopian construction industry include Building Information Modelling (BIM), BIM-Knowledge Risk Management Strategy (BKRMS), and Statistical Parametric Modelling (SPM). This work presents the analysis and discussion of the data obtained from structured questionnaires gathered from contractors, managers, civil engineers, architects, supervisors of construction projects, and contracts in Ethiopia. The questionnaire was administered to achieve the aim of our research and descriptive, empirical, factor, and reliability statistics were used to analyze the questionnaire on the Statistical Package for Social Science (SPSS). Out of the 120 questionnaires sent out, 110 responses were received and used for analysis to represent an 83.0% response percentage. BIM accounted for 41.4% of the total variance explained in the exploratory factor analysis, BKRMS accounted for 11.8% of the variance and SPM accounted for 9.9% of the variance. The findings obtained from this work confirm that these strategies block risks at the three major phases of construction projects: design, construction, and operational phases.

Risk Management Strategies in Construction Organizations

2021 ◽  
Vol 15 (1) ◽  
pp. 406-413
Author(s):  
Shabbab Ajami Alhammadi ◽  
Bassam A. Tayeh ◽  
Wesam S. Alaloul ◽  
Tareq J. Salem
Keyword(s):  
Risk Management ◽  
Construction Industry ◽  
Construction Projects ◽  
Gaza Strip ◽  
Management Strategies ◽  
Validity And Reliability ◽  
International Agencies ◽  
Construction Organizations ◽  
Risk Management Strategies ◽  
The Gaza Strip

Background: Construction projects are among the riskiest businesses due to the number of factors involved that are difficult to control; hence, the popularity of risk management as part of the decision-making process in construction organizations is increasing. Despite the advancements, there are various risks involved that lead to project failure. Aim: Thus, this study aims to assess the risk management strategies in construction organizations in the Gaza Strip, Palestine. Methods: Seventy questionnaires were distributed after subjecting them to pretesting and pilot study that confirmed the validity and reliability of the questions. The target respondents included engineers and consultants from the construction organizations, Ministry of Works and Housing, and international agencies. The questionnaire was retrieved with a 65.71% response rate. Results: Results indicated that the most popular method of risk factor determination in the Gaza Strip is the “checklist” (RII=84%). For tools/methods of risk analysis, relying on experience in the direct assessment is the most prominent, with an RII of 78%. For the methods of avoiding risk before the project implementation, dependence on experience in the work for preparing and planning was ranked highest (having RII of 81.6%). Finally, follow-up on the implementation to avoid rework, with an RII of 77.6%, was ranked highest among other factors of avoiding risk during the construction projects implementation. Conclusion: This study highlights the key risk management strategies that will be beneficial for the construction industry stakeholders to resolve the unwanted risk failures in the construction industry.

BENEFITS OF BIM IN CONSTRUCTION PROJECTS

2015 ◽  
Vol 2 (1) ◽  
Author(s):  
Vanissorn Vimonsatit ◽  
Alex Chai Mui Foo
Keyword(s):  
Content Analysis ◽  
Construction Industry ◽  
Construction Projects ◽  
Weather Condition ◽  
Secondary Data ◽  
Contributing Factors ◽  
Building Information Modelling ◽  
Cost Overruns ◽  
Building Information ◽  
Survey Results

This paper presents findings of an investigation into benefits of using Building Information Modelling (BIM) in construction projects. The research methodology includes a review of BIM development and achievement in construction industry, questionnaire survey, interview, and content analysis of secondary data. Data was collected and analyzed to identify the various benefits reflected from BIM implementation in addressing common problems experienced by the construction industry. The review and survey results indicate that a high frequency of occurrence of time and cost overruns occur in construction projects. Contributing factors were mainly rework, poor planning, documents delivery and approval, constructability issues, resources and weather condition. While some of the factors were unpreventable, BIM could be used as a tool to eliminate problems causing time and cost overruns. Various project benefits have been reflected through the content analysis of project case studies. It was found that time was the most positively influenced by the use of BIM followed by coordination, procurement, communication, cost and change of scope of the project, and lastly, risk.

scholarly journals The Impact of Building Information Modelling (BIM) for Contractor Costing in Offsite Construction Projects in the UK

2015 ◽  
pp. 331-338
Author(s):  
Tochukwu Moses ◽  
David Heesom ◽  
David Oloke
Keyword(s):  
Construction Industry ◽  
Construction Projects ◽  
Status Quo ◽  
Building Information Modelling ◽  
Innovative Solutions ◽  
Building Information ◽  
New Construction ◽  
The Uk ◽  
Cost Implications ◽  
The Impact

It is clear that challenging economic times inspire innovative abilities and solutions in the construction industry. In particular many of these innovations focus on cost implications, saving project time, reducing or eliminating waste, increasing productivity or redefining value. There is increasing pressure in the UK construction industry for new construction innovations, technology and processes with ability to lever a significant impact relative to disrupting the existing status quo; creating solutions that promote construction efficiencies deploying means to exploiting offsite construction approaches. The increased concern and challenge globally is that as knowledge and experience grows, the offsite manufacturers and suppliers are expected to demonstrate absolute innovative solutions that will heighten the proportion of project value being delivered through the use of offsite solutions on the bases that it makes sound project and business sense. Unparalleled huge cost saving benefits to clients and end users which is more than just creating a model is yet to be realized.

scholarly journals BIM short course for construction industry professionals = Curso corto en BIM dirigido a los profesionales de la industria de la construcción

2020 ◽  
Vol 4 (3) ◽  
pp. 23
Author(s):  
Alcínia Zita Sampaio ◽  
Rafael V. Lozano-Diez
Keyword(s):  
Construction Industry ◽  
Parametric Modelling ◽  
Building Information Modelling ◽  
Information Modelling ◽  
Main Work ◽  
Short Course ◽  
Building Information ◽  
Degree Of Satisfaction ◽  
Short Courses ◽  
Industry Professionals

The Building Information Modelling (BIM) methodology is currently the main work platform in the construction industry, and all sectors have been enhancing its applicability. The demonstration of the benefits registered in the development of various activities motivates the great interest. affirmed by architects, engineers and managers, in knowing its concept and the scope of its applicability. Recently, higher education technical schools have been following this interest, introducing changes into their curricular programs and also offering short courses to construction industry professionals. In recent years, the Department of Civil Engineering of the University of Lisbon, Portugal, has organized courses concerning BIM with the aim of meeting the professionals’ needs. To this end, the most recent short course offered to the technical community covered aspects, from the parametric modelling concept to the analysis of the interoperability capacity of the software. The text presents the course program - concept, practice, structures and construction - and the assessment of the degree of satisfaction of participants, based on their pre-course expectations and interest they had in attending the course. It can be concluded that the school and the industry should continue to collaborate in order to reinforce the efficiency of the construction sector.ResumenLa metodología Building Information Modelling (BIM) es actualmente la principal plataforma de trabajo en la industria de la construcción, y todos los sectores han estado potenciando su aplicabilidad. La demostración de los beneficios registrados en el desarrollo de diversas actividades motiva el gran interés, verificado por arquitectos, ingenieros y gestores, por conocer su concepto y el alcance de su aplicabilidad. Las escuelas técnicas han estado siguiendo este interés, introduciendo cambios en sus programas curriculares y ofreciendo también cursos cortos a profesionales de la industria de la construcción. El Departamento de Ingeniería Civil de la Universidad de Lisboa, Portugal, ha estado organizando cursos sobre la cuestión BIM, en una perspectiva de lograr las necesidades de los profesionales. En este caso, el curso corto más reciente ofrecido a la comunidad técnica abarca varios aspectos, desde el concepto de modelado paramétrico hasta el análisis de la capacidad de interoperabilidad. El texto presenta el programa del curso (concepto, práctica, estructuras y construcción) y la evaluación del grado de satisfacción de los participantes, confrontado con sus expectativas e interés en asistir al curso. La escuela y la industria han estado colaborando para potenciar la eficiencia del sector de la construcción.

scholarly journals Exploring the Barriers and Driving Factors in Implementing Building Information Modelling (BIM) in the Malaysian Construction Industry: A Preliminary Study

2014 ◽  
Vol 75 (1) ◽  
Author(s):  
Zahrizan Zakari ◽  
Nasly Mohamed Ali Ali ◽  
Ahmad Tarmizi Haron ◽  
Amanda Marshall Ponting ◽  
Zuhairi Abd. Hamid
Keyword(s):  
Construction Industry ◽  
Construction Projects ◽  
Integrated Approach ◽  
Driving Factors ◽  
Building Information Modelling ◽  
Information Modelling ◽  
Building Information ◽  
Preliminary Study ◽  
The Government ◽  
The Many

In Malaysia, Building Information Modelling (BIM) has recently gained attraction from construction players and some of them have applied it to several projects. By utilising the BIM process, the construction players have the opportunity to plan, coordinate and design in an integrated approach. This is one of the many benefits that they could gain and resulting in increased productivity. Despite these benefits, the implementation of BIM in the Malaysian construction industry is still lagging behind Singapore, for instance. Thus, it warrants a study such as the present to determine what are the actual barriers that hamper its implementation and what are the driving factors that could enhance its pace of implementation in the Malaysian construction industry. In this study, a questionnaire survey based on Convenience Sampling Method was carried out to gather the possible barriers and driving factors for BIM implementation among the Malaysian construction players. Additionally, Relative Importance Indices (RII) were used to analyse the data obtained and to identify those barriers and driving factors for the implementation of BIM in this country. Consequently, results of this study revealed that the main barriers for implementing the BIM are: 1) Lack of knowledge about BIM, 2) Reluctance and/or no insistence shown by the Malaysian construction industry players (Clients, Contractors and Consultants alike) on the use or implementation of BIM. The driving factors, on the other hand, that could lead to the speeding up of the implementation of BIM are: 1) Support and enforcing the implementation of BIM by the Government, 2) promote BIM training program and 3) Initiatives of senior management of the related industry players. In conclusion, for successful wide spread application of BIM in Malaysia, a good push from the government alone is far from enough. All other construction industry players mentioned must assume their roles well in promoting the use of BIM in their construction projects.

scholarly journals Towards Successful Social Collaboration in BIM-based Construction: A Review

2019 ◽  
Vol 266 ◽  
pp. 03007 ◽  
Author(s):  
Che Khairil Izam Che Ibrahim ◽  
Sheila Belayutham
Keyword(s):  
Construction Industry ◽  
Construction Projects ◽  
Collaborative Practice ◽  
Digital Environment ◽  
Review Of The Literature ◽  
Building Information Modelling ◽  
Information Modelling ◽  
Organisational Context ◽  
Social Collaboration ◽  
Building Information

The existence of digital applications in construction industry has opened the floodgates to a better integration and collaboration. In particular, Building Information Modelling (BIM) provides construction stakeholders greater visualisation of project information and communications across multi-organisations. Despite the explicit benefits, the study on what it takes to drive the successfulness of social collaboration in BIM still remain elusive. This paper presents a review of the literature to identify the key elements of social collaboration in BIM-based construction projects. The review identified three key elements (i.e. foundational platform, organisational context and behavioural context) which together form the nexus for successful social collaborative practice. The findings in this study extend the collaboration literature in construction domain by providing deeper insights into the characterisation and importance of social collaboration in digital environment.

scholarly journals Identifying Political Risk Management Strategies in International Construction Projects

2018 ◽  
Vol 2018 ◽  
pp. 1-11 ◽  
Author(s):  
Tengyuan Chang ◽  
Bon-Gang Hwang ◽  
Xiaopeng Deng ◽  
Xianbo Zhao
Keyword(s):  
Risk Management ◽  
Construction Projects ◽  
Management Strategies ◽  
Political Risk ◽  
Implementation Phase ◽  
Construction Enterprises ◽  
International Construction ◽  
Political Risks ◽  
Risk Management Strategies ◽  
International Experts

International construction projects are plagued with political risk, and international construction enterprises (ICEs) must manage this risk to survive. However, little attention has been devoted to political risk management strategies in international construction projects. To fill this research gap, a total of 27 possible strategies were identified through a comprehensive literature review and validated by a pilot survey with 10 international experts. Appraisals of these 27 strategies by relevant professionals were collected using questionnaires, 155 of which were returned. Exploratory factor analysis was conducted to explore the interrelationships among these 27 strategies. The results show that all of the 27 strategies are important for political risk management in international construction projects. Moreover, these 27 strategies were clustered into six components, namely, (1) making correct decisions, (2) conducting favorable negotiations, (3) completing full preparations, (4) shaping a good environment, (5) reducing unnecessary mistakes, and (6) obtaining a reasonable response. The 6 components can be regarded as 6 typical management techniques that contribute to political risk management in the preproject phase, project implementation phase, and postevent phases. The findings may help practitioners gain an in-depth understanding of political risk management strategies in international construction projects and provide a useful reference for ICEs to manage political risks when venturing outside their home countries.

scholarly journals Integrating Building Information Modelling and Intelligent Contract to Payment Process Under Conventional Procurement in Malaysia

2019 ◽  
Vol 1 (2) ◽  
pp. 79-81
Author(s):  
Rozana Mohamed Salleh ◽  
Nur Emma Mustaffa ◽  
Nafisah Abdul Rahiman
Keyword(s):  
Construction Industry ◽  
Digital Technology ◽  
Construction Projects ◽  
Building Information Modelling ◽  
Information Modelling ◽  
Project Completion ◽  
Technological Advances ◽  
Building Information ◽  
Process Issue ◽  
To Receive

Conflict caused by payment issues are common in construction industry.  A lengthy payment process issue is a common phenomenon especially in public work projects, which commonly opt for conventional contracts.  Delay in payment process have caused many contractors not being able to receive payment within the stipulated time.  In turn, it may affect the contractor’s cash flow and eventually ended up causing delays in project completion. The effect of technological advances has brought significant changes to the construction industry, which is year after year becoming increasingly complex.  Therefore, in the era of technology and digital, there are many management systems which have been established and introduced amongst construction players for the convenience of managing and administering construction projects.  The introduction of Building Information Modelling (BIM) is to establish a centralised information system, which improves the collaboration, communication and integration between interdisciplines in construction industry.  The development of digital technology of Intelligent Contracts will bring great potential as an automate support system in BIM management process.  These combinations create possible solutions towards payment conflicts in the construction project, through integration of BIM and Intelligent Contracts that may help to reduce the unnecessary procedure and interference that prolong the payment process. The analysis revealed that the adoption of BIM and Intelligent Contracts attributes in payment process under conventional procurement could improve the efficiency and reduce the time by eliminating unnecessary procedure and third parties interference along the process.

scholarly journals Incorporation of Building Information Modelling (BIM) in Malaysian Higher Education Institutions: A Review

2021 ◽  
Vol 18 (1) ◽  
pp. 15
Author(s):  
Seri Nanisa Sima Yusoff ◽  
Juliana Brahim ◽  
Zainidi Mat Yusoff
Keyword(s):  
Higher Education ◽  
Construction Industry ◽  
Construction Projects ◽  
Higher Education Institutions ◽  
Developed Countries ◽  
3D Modelling ◽  
High Quality ◽  
Building Information Modelling ◽  
Information Modelling ◽  
Building Information

Building Information Modelling (BIM) is initiated for the sake of managing construction projects effectively and efficiently. However, the adoption of BIM in Malaysian construction industry is still low because of lack of awareness among professionals and Architecture, Engineering, and Construction (AEC) undergraduates. This paper aims to evaluate the current adoption of BIM in syllabus among higher education institutions (HEIs). The methodology of this paper is based on literature review regarding BIM syllabus adopted in HEIs. The findings reveal that BIM in Malaysia is still lagging in practice and literature taught for academic aspects respectively compared to other developed countries such as United Kingdom and Lithuania. From the current adoption of BIM in Malaysian HEIs syllabus, it can be concluded that fully stand-alone BIM module in Malaysian HEIs is crucial which consequently hampering the production of high-quality BIM expertise that master in methodology and 3D modelling skills. Keywords: Building Information Modelling (BIM), Architecture, Engineering and Construction (AEC), Higher Education Institutions (HEIs)

A PROPOSED INITIAL FRAMEWORK OF ASRC SYSTEM FOR BIM-BASED PROJECTS IN MALAYSIA

2016 ◽  
Vol 78 (5-2) ◽  
Author(s):  
Muhammad Hanafi Zulkifli ◽  
Roshana Takim ◽  
Abdul Hadi Nawawi
Keyword(s):  
Construction Industry ◽  
Construction Projects ◽  
Building Information Modelling ◽  
Public And Private ◽  
Prime Concern ◽  
Building Information ◽  
Safety Rule ◽  
Descriptive Survey ◽  
Near Future ◽  
Initial Framework

Of late, Building Information Modelling (BIM) has been well established in the construction industry across the globe. Nevertheless, safety aspect is less contemplated when it comes to construction phase. Despite safety is one of the most decisive aspects in BIM development process, the model of Automated Safety Rule Checking (ASRC) system should be deployed at the early project stage to reduce the construction’s hazard. Thus, the aim of this research are two folds; (1) to distinguish the models of ASRC system implemented in Finland, United States (US), Thailand and China and; (2) to propose an amalgamated initial framework of ASRC system for BIM-based projects in Malaysia. A descriptive survey was employed to large public and private construction organisations that involved in BIM-based projects. The data were analysed by using document analysis and content analysis techniques. Five significant fundamental components from the models were revealed in developing the initial framework of ASRC system. With the establishment of the framework, safety is going to be prime concern in near future, particularly in Malaysia BIM-based construction projects.

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