Identification and evaluation of risk factors affecting construction projects in Cavite / by Mark Francis M. Tamayo and Carlos Jerry F. Crudo.

By: Contributor(s): Material type: TextTextLanguage: English Publication details: Indang, Cavite : Cavite State University- Main Campus, 2023Description: xv, 80 pages : illustrations ; 28 cmContent type:
  • text
Media type:
  • unmediated
Carrier type:
  • volume
Subject(s): DDC classification:
  • 338.5  T15 2023
Online resources: Production credits:
  • College of Engineering and Information Technology (CEIT) - Department of Civil Engineering.
Abstract: CRUDO, CARLOS JERRY F. and TAMAYO, MARK FRANCIS M. Identification and Evaluation of Risk Factors Affecting Construction Projects in Cavite. Undergraduate Capstone. Bachelor of Science in Civil Engineering, Cavite State University, Indang, Cavite. April 2023. Adviser: Engr. Larry E. Rocela. The study "Identification and Evaluation of Risk Factors Affecting Construction Projects in Cavite" was conducted due to the notion that contractors have been slow in applying proper management methods resulting to projects exceeding budget, going beyond schedule, and having compromised specifications. The completion of projects relies on the proper management of the main risks. As a response, the main objective of this study was to identify the most significant risk factors that affects construction projects in the province of Cavite. For this study, a total of sixty-eight risk factors was identified through an in-depth analysis of the literature. The risk factors fell into twelve categories: legal, accident, market, workforce, investment, project coordination, design, construction, timetable, exploitation, environmental, and logistics. Data were collected using questionnaire surveys consisting of a rating scale that measures the significance of the predetermined risk factors. In total, fifty-four effective responses to the questionnaire were obtained from respondents consisting of contractors that have handled construction projects in Cavite. Relative Importance Index (Rll) was used as the statistical treatment of the data. Risk factors were assessed in two dimensions namely probability of occurrence and extent of the impact. Furthermore, the impact of risk is measured from the project's three constraints: cost, time, and quality to be able to achieve a comprehensive assessment of risk factors where they can be ranked according to their significance. Results showed that delays in construction, natural disasters, timely supply of materials, access to skilled worker, behavior standards and work commitment, annual change in weather, delay in completion of the project, supply of materials according to technical specifications, increased work competition around project area, and unrealistic primary estimation were among the most prominent risks that should be given with ample attention by the practitioners. Several recommendations in risk management practices were laid.
List(s) this item appears in: Theses 2024
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Capstone Project (Bachelor of Science in Civil Engineering) Cavite State University.

Includes bibliographical references.

College of Engineering and Information Technology (CEIT) - Department of Civil Engineering.

CRUDO, CARLOS JERRY F. and TAMAYO, MARK FRANCIS M. Identification and Evaluation of Risk Factors Affecting Construction Projects in Cavite. Undergraduate Capstone. Bachelor of Science in Civil Engineering, Cavite State University, Indang, Cavite. April 2023. Adviser: Engr. Larry E. Rocela.
The study "Identification and Evaluation of Risk Factors Affecting Construction Projects in Cavite" was conducted due to the notion that contractors have been slow in applying proper management methods resulting to projects exceeding budget, going beyond schedule, and having compromised specifications. The completion of projects relies on the proper management of the main risks. As a response, the main objective of this study was to identify the most significant risk factors that affects construction projects in the province of Cavite. For this study, a total of sixty-eight risk factors was identified through an in-depth analysis of the literature. The risk factors fell into twelve categories: legal, accident, market, workforce, investment, project coordination, design, construction, timetable, exploitation, environmental, and logistics. Data were collected using questionnaire surveys consisting of a rating scale that measures the significance of the predetermined risk factors. In total, fifty-four effective responses to the questionnaire were obtained from respondents consisting of contractors that have handled construction projects in Cavite. Relative Importance Index (Rll) was used as the statistical treatment of the data. Risk factors were assessed in two dimensions namely probability of occurrence and extent of the impact. Furthermore, the impact of risk is measured from the project's three constraints: cost, time, and quality to be able to achieve a comprehensive assessment of risk factors where they can be ranked according to their significance. Results showed that delays in construction, natural disasters, timely supply of materials, access to skilled worker, behavior standards and work commitment, annual change in weather, delay in completion of the project, supply of materials according to technical specifications, increased work competition around project area, and unrealistic primary estimation were among the most prominent risks that should be given with ample attention by the practitioners.
Several recommendations in risk management practices were laid.

Submitted to the University Library February 9, 2023 CP-085

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