The Effect of Risk Dimensions on the Objectives of Construction Projects in Isfahan Municipality: An Integrated SEM and BBN Analysis
Population growth and the subsequent surge in urbanization has drastically increased the number of construction projects in metropolitan cities implementation and management of which may involve numerous ambiguous and unknown issues or risks that can impact project objectives depending on the specif...
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Format: | Article |
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Islamic Azad University, Tabriz Branch
2021-09-01
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Series: | مدیریت بهره وری |
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Online Access: | http://jpm.iaut.ac.ir/article_684607_3cbaccf213f5da4388df973ef0eb259f.pdf |
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author | Amir Hossein Nadali Jelokhani Mehdi Karbassian Sayyed Rasool Agha Davood Abdul Majid Abdul Baghi |
author_facet | Amir Hossein Nadali Jelokhani Mehdi Karbassian Sayyed Rasool Agha Davood Abdul Majid Abdul Baghi |
author_sort | Amir Hossein Nadali Jelokhani |
collection | DOAJ |
description | Population growth and the subsequent surge in urbanization has drastically increased the number of construction projects in metropolitan cities implementation and management of which may involve numerous ambiguous and unknown issues or risks that can impact project objectives depending on the specific project characteristics and municipal conditions. Thus, the purpose of the current applied descriptive correlational survey was to examine the extent to which components of risk failure structure can impact the goals of municipal construction projects including citizen satisfaction, cost, time, quality, range and safety using Bayesian Belief Network (BBN). The purposeful research sample comprised 45 managers, deputies, relevant officials and experts in Isfahan municipality who were consulted to identify the project risk dimensions during 2016 and 2018. A questionnaire was employed to collect the research data which were further analyzed using the project risk structure breakdown to classify and identify risks and matrices. Partial Least Squares Method of Structural Equation Modelling (SEM) was employed to validate the questionnaire data. The simultaneous impact of risk dimensions on project goals was investigated using probable cause and effect modeling based on Bayesian Belief Model. The findings verified the significant positive impact of project risk components on the project objectives. The innovative characteristic of the current study was the integration of SEM and Bayesian BBN and application of error state analysis technique and risk effects in risk failure structure which can establish certainty concerning the analysis of risk dimensions and their relationship with precision of priorities in risk management process. |
first_indexed | 2024-12-20T04:13:25Z |
format | Article |
id | doaj.art-6853d4b47e374269a8ab7c07303afcbc |
institution | Directory Open Access Journal |
issn | 2716-9979 2476-7298 |
language | fas |
last_indexed | 2024-12-20T04:13:25Z |
publishDate | 2021-09-01 |
publisher | Islamic Azad University, Tabriz Branch |
record_format | Article |
series | مدیریت بهره وری |
spelling | doaj.art-6853d4b47e374269a8ab7c07303afcbc2022-12-21T19:53:51ZfasIslamic Azad University, Tabriz Branchمدیریت بهره وری2716-99792476-72982021-09-01153(58)پاییز24527510.30495/qjopm.2020.575033.2198684607The Effect of Risk Dimensions on the Objectives of Construction Projects in Isfahan Municipality: An Integrated SEM and BBN AnalysisAmir Hossein Nadali Jelokhani0Mehdi Karbassian1Sayyed Rasool Agha Davood2Abdul Majid Abdul Baghi3PhD Candidate, Department of management, Dehaghan Branch, Islamic Azad University, Dehaghan, Iran .Associate Professor, Department of Industrial Engineering, Malek Ashtar University of Technology, Isfahan, Iran.Associate Professor, Department of Industrial Engineering, Malek Ashtar University of Technology, Isfahan, Iran.Assistant Professor, Department of Public Administration, Dehaghan Branch, Islamic Azad University, Dehaghan, IranAssistant Professor, Department of Financial Management, Faculty of Industry and Management, Shahroud University of Technology, Shahroud, IranPopulation growth and the subsequent surge in urbanization has drastically increased the number of construction projects in metropolitan cities implementation and management of which may involve numerous ambiguous and unknown issues or risks that can impact project objectives depending on the specific project characteristics and municipal conditions. Thus, the purpose of the current applied descriptive correlational survey was to examine the extent to which components of risk failure structure can impact the goals of municipal construction projects including citizen satisfaction, cost, time, quality, range and safety using Bayesian Belief Network (BBN). The purposeful research sample comprised 45 managers, deputies, relevant officials and experts in Isfahan municipality who were consulted to identify the project risk dimensions during 2016 and 2018. A questionnaire was employed to collect the research data which were further analyzed using the project risk structure breakdown to classify and identify risks and matrices. Partial Least Squares Method of Structural Equation Modelling (SEM) was employed to validate the questionnaire data. The simultaneous impact of risk dimensions on project goals was investigated using probable cause and effect modeling based on Bayesian Belief Model. The findings verified the significant positive impact of project risk components on the project objectives. The innovative characteristic of the current study was the integration of SEM and Bayesian BBN and application of error state analysis technique and risk effects in risk failure structure which can establish certainty concerning the analysis of risk dimensions and their relationship with precision of priorities in risk management process.http://jpm.iaut.ac.ir/article_684607_3cbaccf213f5da4388df973ef0eb259f.pdfbbnmunicipal construction projectsproject risk managementrbsrisk analysis |
spellingShingle | Amir Hossein Nadali Jelokhani Mehdi Karbassian Sayyed Rasool Agha Davood Abdul Majid Abdul Baghi The Effect of Risk Dimensions on the Objectives of Construction Projects in Isfahan Municipality: An Integrated SEM and BBN Analysis مدیریت بهره وری bbn municipal construction projects project risk management rbs risk analysis |
title | The Effect of Risk Dimensions on the Objectives of Construction Projects in Isfahan Municipality: An Integrated SEM and BBN Analysis |
title_full | The Effect of Risk Dimensions on the Objectives of Construction Projects in Isfahan Municipality: An Integrated SEM and BBN Analysis |
title_fullStr | The Effect of Risk Dimensions on the Objectives of Construction Projects in Isfahan Municipality: An Integrated SEM and BBN Analysis |
title_full_unstemmed | The Effect of Risk Dimensions on the Objectives of Construction Projects in Isfahan Municipality: An Integrated SEM and BBN Analysis |
title_short | The Effect of Risk Dimensions on the Objectives of Construction Projects in Isfahan Municipality: An Integrated SEM and BBN Analysis |
title_sort | effect of risk dimensions on the objectives of construction projects in isfahan municipality an integrated sem and bbn analysis |
topic | bbn municipal construction projects project risk management rbs risk analysis |
url | http://jpm.iaut.ac.ir/article_684607_3cbaccf213f5da4388df973ef0eb259f.pdf |
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