Use Risk Score Method to Identify the Qualitative Risk Analysis Criteria in Tendering Phase in Construction Projects

The purpose of this article was to identify and assess the importance of risk factors in the tendering phase of construction projects. The construction project cannot succeed without the identification and categorization of these risk elements. In this article, a questionnaire for likelihood and im...

Full description

Bibliographic Details
Main Authors: Marwa M, Meervat Razzaq Altaie
Format: Article
Language:English
Published: University of Baghdad 2022-07-01
Series:Journal of Engineering
Subjects:
Online Access:https://joe.uobaghdad.edu.iq/index.php/main/article/view/1568
_version_ 1797717958626115584
author Marwa M
Meervat Razzaq Altaie
author_facet Marwa M
Meervat Razzaq Altaie
author_sort Marwa M
collection DOAJ
description The purpose of this article was to identify and assess the importance of risk factors in the tendering phase of construction projects. The construction project cannot succeed without the identification and categorization of these risk elements. In this article, a questionnaire for likelihood and impact was designed and distributed to a panel of specialists to analyze risk factors. The risk matrix was also used to research, explore, and identify the risks that influence the tendering phase of construction projects. The probability and impact values assigned to risk are used to calculate the risk's score. A risk matrix is created by combining probability and impact criteria. To determine the main risk elements for the tender phase of a construction project, this study constructed the matrix of probability and impact variables and put the periods based on the risk score. Finally, this study identified a fourth main risk group and twenty-two sub-risk factors that are appropriate for the tendering phase of construction projects in Iraq
first_indexed 2024-03-12T08:44:58Z
format Article
id doaj.art-85175c81204242008088edaf1f4a82de
institution Directory Open Access Journal
issn 1726-4073
2520-3339
language English
last_indexed 2024-03-12T08:44:58Z
publishDate 2022-07-01
publisher University of Baghdad
record_format Article
series Journal of Engineering
spelling doaj.art-85175c81204242008088edaf1f4a82de2023-09-02T16:30:12ZengUniversity of BaghdadJournal of Engineering1726-40732520-33392022-07-0128710.31026/j.eng.2022.07.03Use Risk Score Method to Identify the Qualitative Risk Analysis Criteria in Tendering Phase in Construction ProjectsMarwa M0Meervat Razzaq Altaie1College of Engineering - University of BaghdadCollege of Engineering - University of Baghdad The purpose of this article was to identify and assess the importance of risk factors in the tendering phase of construction projects. The construction project cannot succeed without the identification and categorization of these risk elements. In this article, a questionnaire for likelihood and impact was designed and distributed to a panel of specialists to analyze risk factors. The risk matrix was also used to research, explore, and identify the risks that influence the tendering phase of construction projects. The probability and impact values assigned to risk are used to calculate the risk's score. A risk matrix is created by combining probability and impact criteria. To determine the main risk elements for the tender phase of a construction project, this study constructed the matrix of probability and impact variables and put the periods based on the risk score. Finally, this study identified a fourth main risk group and twenty-two sub-risk factors that are appropriate for the tendering phase of construction projects in Iraq https://joe.uobaghdad.edu.iq/index.php/main/article/view/1568Risk Score Method, Risk Factors, Risk Matrix, Qualitative Risk Analysis
spellingShingle Marwa M
Meervat Razzaq Altaie
Use Risk Score Method to Identify the Qualitative Risk Analysis Criteria in Tendering Phase in Construction Projects
Journal of Engineering
Risk Score Method, Risk Factors, Risk Matrix, Qualitative Risk Analysis
title Use Risk Score Method to Identify the Qualitative Risk Analysis Criteria in Tendering Phase in Construction Projects
title_full Use Risk Score Method to Identify the Qualitative Risk Analysis Criteria in Tendering Phase in Construction Projects
title_fullStr Use Risk Score Method to Identify the Qualitative Risk Analysis Criteria in Tendering Phase in Construction Projects
title_full_unstemmed Use Risk Score Method to Identify the Qualitative Risk Analysis Criteria in Tendering Phase in Construction Projects
title_short Use Risk Score Method to Identify the Qualitative Risk Analysis Criteria in Tendering Phase in Construction Projects
title_sort use risk score method to identify the qualitative risk analysis criteria in tendering phase in construction projects
topic Risk Score Method, Risk Factors, Risk Matrix, Qualitative Risk Analysis
url https://joe.uobaghdad.edu.iq/index.php/main/article/view/1568
work_keys_str_mv AT marwam useriskscoremethodtoidentifythequalitativeriskanalysiscriteriaintenderingphaseinconstructionprojects
AT meervatrazzaqaltaie useriskscoremethodtoidentifythequalitativeriskanalysiscriteriaintenderingphaseinconstructionprojects