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Identification of the main causes of risks in engineering procurement construction projects
Abstract<p>Many risks have adverse consequences for construction projects’ objectives such as quality, schedule, and cost. As engineering procurement construction (EPC) contracts gradually become one of the most common types used in implementing major large-scale construction projects, identifying common risk types and analyzing their root causes is important for developing measures to decrease and eliminate future risks in these types of contracts. The information about the main causes of risks was collected <italic>via</italic> well-structured questionnaires addressed to construction sector professionals and preparing lists of main potential risks in EPC/construction projects through reviewing literature studies, books, and articles related to this topic. The findings indicate that several causes of risks are more critical for the project including causes related to contract, design and execution, subcontractors, systems, and equipment. The study’s results revealed that the absence of risk management implementation in the EPC construction project is a root cause of the lack of planning and control of the project.</p>
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Publication Date
Wed Feb 01 2023
Journal Name
Journal Of Engineering
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Publication Date
Thu Feb 01 2024
Journal Name
Journal Of Engineering
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Publication Date
Sat Jan 01 2022
Journal Name
Ssrn Electronic Journal
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Publication Date
Sat Feb 12 2022
Journal Name
Engineering, Technology &amp; Applied Science Research
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Publication Date
Mon Oct 02 2023
Journal Name
Journal Of Engineering
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Publication Date
Sat Aug 01 2015
Journal Name
Journal Of Engineering
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Publication Date
Tue Dec 01 2015
Journal Name
Journal Of Engineering
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Publication Date
Mon Feb 08 2021
Journal Name
Public Works Management &amp; Policy
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Publication Date
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Journal Name
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Publication Date
Tue Jul 12 2022
Journal Name
Proceedings Of Seventh International Congress On Information And Communication Technology
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