RISK MANAGEMENT IN SARAWAK ROAD CONSTRUCTION PROJECTS
Construction projects in Sarawak are associated with various levels of risk. A risk is an unexpected event or consequence that might positively or negatively influence at least one project aim if it occurs. Furthermore, this project typically involves substantial risk due to the large geograph...
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Main Author: | |
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Format: | Final Year Project Report |
Language: | English |
Published: |
Universiti Malaysia Sarawak
2023
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Subjects: | |
Online Access: | http://ir.unimas.my/id/eprint/46329/1/Carolina%20ft.pdf http://ir.unimas.my/id/eprint/46329/ |
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Summary: | Construction projects in Sarawak are associated with various levels of risk. A risk
is an unexpected event or consequence that might positively or negatively influence at
least one project aim if it occurs. Furthermore, this project typically involves substantial
risk due to the large geographic distribution area and the possibility of underground
conditions. The primary purpose of this study is to discover the significant risk factors
impacting road construction projects in Sarawak and current risk management practices
performed by the contractors, including techniques. The scope of the study is on any road
construction projects in the Sarawak area to identify the risk factors that may occur in
every project. This study is a quantitative study, which identifies risk factors through a
questionnaire survey; and is distributed to the contractors involved in the construction
area. The data of the study was analysed using IBM SPSS STATISTICS 29. Descriptive
Analysis and Relative Importance Index (RII) was used to analyze the data. The findings
of the study shows that the most significant risk in road construction projects is weather
condition. Furthermore, the most common risk management techniques utilized by
contractor are Checklist Monitoring, Probability-Impact Matrix, and Risk Mitigation. |
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