Assessing the Risk Level of the Challenges Faced In Construction Projects
The failure of construction projects could be attributed to several challenges that emerged during the construction process. Nine major challenges were uncovered from the literature: resource allocation, time, cost, quality, safety, project complexity, changes, uncertainties, and communication. A survey was carried out among professionals having a minimum of 10 years of experience in the construction industry to identify the occurrence and severity of these challenges. A total of 117 responses were analyzed and plotted on a risk matrix. The mean values indicated that time, cost, and quality are the top three challenges faced in construction projects, while the risk matrix revealed that all challenges are high-risk challenges. Thus, the professionals should consider suitable measures to address these challenges for improving a project’s performance.
Keywords:construction industry, construction challenges, risk, risk matrix, Malaysia
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