scholarly journals Subsidy Risk Related to Construction Projects: Seeking Causes

2018 ◽  
Vol 8 (1) ◽  
pp. 484-489 ◽  
Author(s):  
Tomas Hanak ◽  
Jana Korytarova

AbstractMany construction projects are realized with public subsidy, e.g. subsidies from the European Union, state budget and/ or municipal resources. The reimbursement of the subsidy depends on a number of conditions, such as completion of the project in time or compliance with operation conditions. The purpose of this research is to seek causes of subsidy risk related to construction projects. In particular, research aims at addressing causes that may lead to the loss of subsidy, reduction of subsidy and/or a penalty payment. Research is conducted as a case study of selected construction projects and the Czech Republic is chosen as a study area. Set of data representing 20 construction projects which faced the threat of reduction or loss of subsidy was collected from available sources and results represent the spectrum of identified risk causes and their distribution in the different phases of the project life cycle and according to the risk source breakdown structure. From managerial perspective, output of this research may serve as a support for investors who plan to apply for public subsidy for their construction projects. Several recommendations for subsidy risk avoidance have been proposed at the end of the paper.

2018 ◽  
Vol 49 (2) ◽  
pp. 89-104 ◽  
Author(s):  
Anna Bengtson ◽  
Virpi Havila ◽  
Susanne Åberg

While a project design provides several managerial advantages within the project life cycle, there are numerous challenges regarding its long-term effects. The aim of this article is to increase our knowledge on the continuity aspect of the project form of organizing, and especially the recurrence of project-based business relationships in subsequent projects. Focusing on the role of network relationships in leveraging between projects, we investigate the reasons for relationship recurrence. Based on a longitudinal case study of three construction projects, our results show that in addition to terminated and dormant relationships after project closure there are recurring relationships, which, unlike the others, do not need reactivation.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Mohammad Osama ◽  
Aly Sherif ◽  
Mohamed Badawy

Purpose This paper aims to enlighten the importance of the risk management process which is considered as a major procedure to effectively handle the potential inherent risks in the construction industry. However, most traditional risk analysis techniques are based on theories that deal with each risk factor as an independent, which does not take into consideration the causal relationships between risk factors. Design/methodology/approach This study aspires to identify the overall risk of the administrative construction projects in Egypt and to recognize the most influencing risk factors through the project life cycle by using Bayesian belief networks (BBN). Through a review of the literature, 27 risk factors were identified and categorized as the most common risk factors in the construction industry. A structured questionnaire was performed to estimate the probability and severity of these risks. Through site visits and interviews with experts in the construction field, 200 valid questionnaires were collected. A risk analysis model was developed using BBNs, then the applicability of this model was verified using a case study in Egypt. Findings However, the outcome showed that critical risks that manipulate administrative construction projects in Egypt were corruption and bribery, contractor financial difficulties, force majeure, damage to the structure and defective material installation. Practical implications The proposed study presents the possibilities available to the project parties to obtain a better forecast of the project objectives, including the project duration, total project cost and the target quality by examining the causal relationships between project risks and project objectives. Originality/value This study aspires to identify the overall risk of the administrative construction projects in Egypt and to recognize the most influencing risk factors through the project life cycle by using BBNs.


2012 ◽  
Vol 229-231 ◽  
pp. 2760-2764 ◽  
Author(s):  
Yi Jao Chen ◽  
Chung Wei Feng ◽  
Kung Wen Lee

The M/E/P (Mechanical, Electrical, and Plumbing) system of the building project has become more and more complex as the demand of the better living environment within the modern buildings increases. However, since the complexity and uniqueness involved within MEP trades, various fields of designers or contractors can hardly share their information with each other. This study employs BIM (Building Information Modeling) technology to assist the stakeholders of the construction projects to share and exchange information according to their needs. First, the process of different MEP disciplines will be systematically analyzed. Then the possible conflicts between trades will be identified. According to the study, necessary and important attributes required for the MEP BIM objects will be developed. Those developed BIM objects will later serve as the core of the communication platform, on which the project participants can easily access and share information. In addition, a better information integration mechanism for MEP systems will be developed throughout different phases of the project life cycle.


2011 ◽  
Vol 15 (2) ◽  
pp. 189-203 ◽  
Author(s):  
Jonas Šaparauskas ◽  
Edmundas Kazimieras Zavadskas ◽  
Zenonas Turskis

An appropriate mechanism for supporting design management practices at an early stage of project is crucial in terms of adding value over scope, time and total investment strategic decisions. The clients are not only interested in value for money in relation to the investment in project development but costs associated in operation and maintenance over project life cycle as well. These criteria make possible to evaluate design solutions which can be characterized by quantitative and qualitative criteria which possibly have different weight, dimension and direction of optimization (maximisation or minimization). The purpose of this article – is to compare different designs of building or its structure and to select the best alternative using criteria of optimality. Case study is demonstrated by selecting the best facade system to cover the building. For this purpose four alternatives of building facades are under consideration. Two criteria (out of three) indicate that for the case study the most preferable facade‘s alternative is gas silicate masonry, covered by Rockwool and “Minerit” facade plates. Santrauka Tinkamas sprendimų priėmimo mechanizmas projektuojant pastatą yra labai svarbus priimant strateginius investicijų sprendimus. Klientus yra suinteresuotas ne tik projekto įgyvendinimo kaina, bet ir eksploatavimo išlaidomis. Šio straipsnio tikslas – palyginti skirtingus pastato projektus arba konstrukcijas ir pagal tris optimalumo kriterijus parinkti geriausią alternatyvą. Šie trys kriterijai leidžia įvertinti projektinius sprendinius, kurie gali būti apibūdinami kiekybiniais ir kokybiniais rodikliais, turinčiais skirtingas dimensijas ir optimizavimo kryptį (maksimizavimas arba minimizavimas). Skaitiniame pavyzdyje demonstruojamas geriausios fasado sistemos parinkimas pastatui. Jame svarstomos keturios alternatyvos. Du kriterijai (iš trijų) rodo, kad šiam konkrečiam atvejui tinkamiausias yra fasadas, sumūrytas iš dujų silikato blokelių, aptaisytų ,,Rockwool“ mineraline vata ir ,,Minerit“ fasado plokštėmis.


Energies ◽  
2019 ◽  
Vol 12 (6) ◽  
pp. 1015 ◽  
Author(s):  
Hui Li ◽  
Quanxue Deng ◽  
Jingxiao Zhang ◽  
Ayokunle Olubunmi Olanipekun ◽  
Sainan Lyu

The transportation sector generates enormous amount of environmental emission. This study aims to assess the environmental impact of the environmental emissions in a transportation infrastructure project life cycle. Using the fast track transportation project in China as a case study, the materials used and the energy consumed over the life cycle were converted into environmental emissions. The life cycle of fast track transportation project was divided into three phases including construction, maintenance and repair, and demolition phases. Both qualitative and quantitative method were applied to explore the environmental impact of transportation project. The life cycle assessment (LCA) method was used for the development environmental impact assessment (EIA) model to analyze the contribution of each process in the transportation project life cycle. The empirical results show that the construction phase has the highest environmental impact (62.7%) in the fast track transportation project life cycle, followed by the demolition (35.8%) and maintenance phases (1.7%). Among the materials used in the fast track transportation project, steel has the highest proportion of environmental impact in the construction phase (55.5%). This indicates the enormous environmental impact of the construction phase in fast track transportation project life cycle results from the use of steel material. This study contributes to reducing environmental emissions by revealing the greatest phase of environmental impact and material-source of environmental impact over the life cycle in a transportation infrastructure project.


2012 ◽  
Vol 18 (6) ◽  
pp. 879-889 ◽  
Author(s):  
Hamidreza Abbasianjahromi ◽  
Hossein Rajaie

Regarding to the high importance of project selection in the project life cycle, solving bid/no-bid problems, especially in the construction industry, is a subject of most recent research. Portfolio selection has been the most interesting area in the last two decades in management research but there is poor investigation in the construction industry. Taking into account the risk, which is inherent in the construction industry and especially in the project selection phase is inevitable. This paper intends to propose a model for project selection and developing two main concepts including company portfolio and risk. The main innovation of this paper is presenting a new framework, which attempts to optimize project selection based on the endurable risk level of a company with regard to the existing portfolio. Considering the user-friendly characteristic of the model, this paper has applied the fuzzy multi criteria decision-making approaches. Finally, the model is implemented in a real case study.


2018 ◽  
Vol 16 (1) ◽  
pp. 87-100 ◽  
Author(s):  
Julius Akotia ◽  
Alex Opoku

Purpose The purpose of this paper is to explore the key practitioners’ level of involvement in the delivery of sustainable regeneration projects in the UK. Practitioners’ level of involvement is a major factor that has and continues to determine the delivery of sustainability outcomes of regeneration projects. Design/methodology/approach The paper adopted a qualitative study that obtained data from 21 key practitioners through semi-structured interviews in exploring practitioners’ level of involvement in the delivery of sustainable regeneration projects in the UK. The semi-structured interviews are conducted with seven practitioners, each from the three construction organisations selected through a purposive sampling approach for the study. Findings The findings identify varied levels of involvement of the key practitioners at the three delivery stages – early, construction and post-construction of the projects. The findings further reveal that clients’ representatives, commercial managers and architects are the most frequently involved practitioners during the early stages of the projects. The findings also indicate that practitioners who have sustainability assigned to their roles and their responsibilities, such as sustainability managers, are the least involved in all the three delivery stages of the projects. Research limitations/implications The study involves interview with 21 practitioners from three organisations delivering sustainable regeneration projects; hence, this could limit the generalisation of the research findings. However, the findings of this study could serve as a useful source of information for the further study in this area. Practical implications The paper is of the view that the level of key practitioners’ involvement in the delivery of the projects will have an impact on their knowledge and will determine how sustainability benefits are promoted and delivered from the projects. Originality/value Although some studies have been carried out on practitioners’ engagement in the delivery of “normal” construction projects, none has focussed on practitioners’ levels of involvement in sustainable regeneration projects. Hence, this study has brought to the fore how the key practitioners tasked with the responsibilities of delivering sustainability benefits of regeneration projects have been involved (at various levels of the project life cycle) in the delivery of these projects.


2016 ◽  
Vol 2 (1) ◽  
pp. 58 ◽  
Author(s):  
Umar Ammar Altahtooh

Time error is a reality in the majority of projects. This paper presents empirical research which investigates the influence of time error during project life cycle. Data were collected using interviews with project managers and analyzed using content analysis. The findings explore the causes of time error in projects in Yanbu, Saudi Arabia. This study gives an introductory insight into the influence of time error. It finds that time error affects the triple constraints of project management.


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