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...
Main Authors: | , |
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Format: | Article |
Language: | English |
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University of Baghdad
2022-07-01
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Series: | Journal of Engineering |
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Online Access: | https://joe.uobaghdad.edu.iq/index.php/main/article/view/1568 |
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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
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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 |