Project risk factors : case study of Ministry of Education projects

Risks are inherent in any projects. A major criticism of the Ministry of Education (MOE) projects undertaken by the Public Works Department (PWD) is the growing rate of delays and cost overrun in project delivery. As reports under the JKR Project Information System, (SKALA JKR), as of September 2008...

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Main Author: Basiron, Anida Suharti@Ami Ronida
Format: Thesis
Language:English
Published: 2009
Subjects:
Online Access:http://eprints.utm.my/12687/1/AnidaSuhartiAmiMFKA2009.pdf
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author Basiron, Anida Suharti@Ami Ronida
author_facet Basiron, Anida Suharti@Ami Ronida
author_sort Basiron, Anida Suharti@Ami Ronida
collection ePrints
description Risks are inherent in any projects. A major criticism of the Ministry of Education (MOE) projects undertaken by the Public Works Department (PWD) is the growing rate of delays and cost overrun in project delivery. As reports under the JKR Project Information System, (SKALA JKR), as of September 2008 there are three hundred and fifty nine (359) MOE projects were granted extension of time (EOT) and twenty three (23) projects were not completed in a timely manner due to the poor risk anticipation. The aim of this study is to investigate risk factors in building construction projects belonging to MOE. In order to achieve this aim, three objectives have been outlined in this study; to establish risk factors in building project belonging to MOE, to identify the levels of risk of each risk factor from the contractors’ perspective and to identify the risk treatment for each risk factor from the contractors’ perspective. Postal questionnaire surveys were used as the main data collection method. From the comprehensive assessment of the likelihood of occurrence and their impacts, this study identifies ten major risk factors where "affordable material is more expensive than presented in bills of quantity (BQ)" factor was found to have significant impact on the project during its life cycle. This study also found that each risk factor can be treated by reducing its impact if the risk occurs. Treatment includes contingency planning that should address significant risk areas through some form of tactical response. The adoption of a risk management technique for building projects belonging to the MOE is critical to ensure the successfulness of the future project implementation.
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spelling utm.eprints-126872018-06-25T08:57:53Z http://eprints.utm.my/12687/ Project risk factors : case study of Ministry of Education projects Basiron, Anida Suharti@Ami Ronida TA Engineering (General). Civil engineering (General) Risks are inherent in any projects. A major criticism of the Ministry of Education (MOE) projects undertaken by the Public Works Department (PWD) is the growing rate of delays and cost overrun in project delivery. As reports under the JKR Project Information System, (SKALA JKR), as of September 2008 there are three hundred and fifty nine (359) MOE projects were granted extension of time (EOT) and twenty three (23) projects were not completed in a timely manner due to the poor risk anticipation. The aim of this study is to investigate risk factors in building construction projects belonging to MOE. In order to achieve this aim, three objectives have been outlined in this study; to establish risk factors in building project belonging to MOE, to identify the levels of risk of each risk factor from the contractors’ perspective and to identify the risk treatment for each risk factor from the contractors’ perspective. Postal questionnaire surveys were used as the main data collection method. From the comprehensive assessment of the likelihood of occurrence and their impacts, this study identifies ten major risk factors where "affordable material is more expensive than presented in bills of quantity (BQ)" factor was found to have significant impact on the project during its life cycle. This study also found that each risk factor can be treated by reducing its impact if the risk occurs. Treatment includes contingency planning that should address significant risk areas through some form of tactical response. The adoption of a risk management technique for building projects belonging to the MOE is critical to ensure the successfulness of the future project implementation. 2009 Thesis NonPeerReviewed application/pdf en http://eprints.utm.my/12687/1/AnidaSuhartiAmiMFKA2009.pdf Basiron, Anida Suharti@Ami Ronida (2009) Project risk factors : case study of Ministry of Education projects. Masters thesis, Universiti Teknologi Malaysia, Faculty of Civil Engineering.
spellingShingle TA Engineering (General). Civil engineering (General)
Basiron, Anida Suharti@Ami Ronida
Project risk factors : case study of Ministry of Education projects
title Project risk factors : case study of Ministry of Education projects
title_full Project risk factors : case study of Ministry of Education projects
title_fullStr Project risk factors : case study of Ministry of Education projects
title_full_unstemmed Project risk factors : case study of Ministry of Education projects
title_short Project risk factors : case study of Ministry of Education projects
title_sort project risk factors case study of ministry of education projects
topic TA Engineering (General). Civil engineering (General)
url http://eprints.utm.my/12687/1/AnidaSuhartiAmiMFKA2009.pdf
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