The framework of direct and indirect effect of project risk response-related measures on project performance in managing construction delay
Project performance can be enhanced via proper risk management, particularly with the development of risk response measures. Though delay issues have been explored in many studies, to date, no study has attempted to measure how delay factors and risk measures are associated with the project pe...
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| Format: | Thesis |
| Language: | English English English |
| Published: |
2020
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| Subjects: | |
| Online Access: | http://eprints.uthm.edu.my/941/1/24p%20PRIYADATCHINI%20KARUNAKARAN.pdf http://eprints.uthm.edu.my/941/3/PRIYADATCHINI%20KARUNAKARAN%20COPYRIGHT%20DECLARATION.pdf http://eprints.uthm.edu.my/941/2/PRIYADATCHINI%20KARUNAKARAN%20WATERMARK.pdf http://eprints.uthm.edu.my/941/ |
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| Summary: | Project performance can be enhanced via proper risk management, particularly with the
development of risk response measures. Though delay issues have been explored in
many studies, to date, no study has attempted to measure how delay factors and risk
measures are associated with the project performance. Therefore, the aim of this study is
to establish the framework of the direct and indirect effect of project risk response�related measures (RM) on project performance (PP) in managing project-related delay
factors (DF) in Malaysian construction companies. A total of 332 questionnaire
responses were collected from Grade 7 contractors via posts, online survey, email, and
by hand. The data was examined using Statistical Package of Social Sciences and
Structural Equation Modelling. The result of the study showed that all RMs have
significant effect on time and cost performance, except for corrective-related measures
and their effect on time performance. Both the DF and RM have a significant effect on
PP. Also, the mediating effect was found to be significant on PP. This research provides
guidelines for construction practitioners and decision makers on identifying critical
delay issues and ways to deal with it with effective risk response measures in order to
enhance the project performance. This research also benefits the researchers to have a
clear view of the theoretical parts and comprehensive analyses in dealing with delays in
the construction industry. This research highly recommends the researchers to further
explore on risk behaviour from a different point of views to understand a firm’s
intention in mitigating risk. |
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