Risk Assessment and Management for Project Delays in Construction Projects : A Case Study in Multiple Locations

Abstract

All construction projects carry a certain level of risk. Identifying and managing risks requires skill, careful planning, and the ability to make quick and well-informed decisions. When risks materialize, they can become obstacles to the success of the project. Properly managed risks can lead to higher profits and reduced construction time. Therefore, this research study aims to investigate and analyze the risk issues that arise in construction projects, particularly those affecting delays. The study also evaluates the risks involved in order to find solutions and management approaches for construction work in Multiple Locations. The study examines a total of 16 construction projects across 16 provinces, divided into the following regions: 6 provinces in the Northeast, 5 in the Central region, 2 in the Eastern region, 2 in the Northern region, and 1 in the Southern region. Data was collected through interviews and questionnaires. It was found that the problems and risks that occurred in the project, the most common problems were the project owner requesting to change the location of the building , the contractor lacking liquidity , the construction project located in the research center area and adjacent to the community must be careful about the problems of noise and dust pollution, the problem of encountering a hard soil layer before reaching the layer that can support the weight of the piles, the construction operation in the soft soil layer, and the problem of heavy rain that prevented the work from starting at the same time as other projects. And from the risk analysis, Risks with a high risk level are the risk of the contractor's delayed disbursement of money for the work period (10.26), the risk of the quality of the contractor's workmanship (10.69), the risk that the contractor lacks skilled labor or workers who are not skilled and skilled in the work (10.71), the risk that the contractor does not have enough personnel (10.82), the risk of encountering unseen problems in underground construction work, such as the original water pipes in the area, underground water. Hard soil problem Soft soil problem etc. (10.69), risk of accidents during construction (10.96) and risk of accidents during material transportation (10.85).