This dissertation aims to develop structured guidance for the selection of RA techniques in the field of high-rise construction projects in Malaysia. In the first section of this research, an in-depth review of the literature regarding high-rise construction projects in Malaysia, risk management in construction projects, and risk assessment processes is presented. This is then analysed and validated using a questionnaire. The literature review covers what the factors need to take into account when selecting RA techniques, types of qualitative techniques and quantitative techniques, the manner on how such techniques were used, and finally, the advantages and disadvantages of qualitative and quantitative techniques. Following this, a quantitative questionnaire method is followed, whereby a survey is utilized in order to gain understandings and validate into their RA and risk performance assessment procedures.
The empirical analysis and findings of this research emphasis on the importance of RA for high-rise projects. Through the analysis and discussion, common types of RA techniques utilized, factors needed for selection of RA technique, and reasons to prefer RA techniques utilized by high-rise construction projects can be examined thoroughly. Overall, this research present an in-depth overview of RA, factors needed for selection of technique, and various qualitative and quantitative techniques utilized for high-rise construction projects.
Table of Contents
1. Introduction
1.1 Background
1.2 Malaysian high-rise construction projects
1.3 Statement of the research problem
1.4 Research questions
1.5 Research Aims and Objectives
1.6 Research methodology
1.7 Significance of the research
1.8 Dissertation layout
2. Literature review
2.1 Risk management in construction project
2.2 Risk assessment
2.3 Tools and Technique for Risk Assessment
2.3.1 Qualitative technique
2.3.2 Quantitative technique
2.4 Advantages and Disadvantages of Risk Assessment Technique
2.5 Factors in the selection of Risk Assessment Technique
3. Methodology
3.1 Research approach
3.2 Data collection
3.2.1 Literature Review
3.2.2 Questionnaire
3.2.2.1 Questionnaire target sample
3.2.2.2 Research questionnaire design
3.3 Data analysis methodology
4. Data Analysis
4.1 Survey Response
4.2 Presentation and Analysis of the Questionnaire
4.2.1 Analysis of general respondents' background information
4.2.1.1 Job responsibilities
4.2.1.2 Respondents' Years of Experience
4.2.1.3 Level of understanding of Risk Assessment experiences
4.2.2 Respondent's Information and Performance in Construction Projects
4.2.2.1 Stages at which risk assessment are utilized in construction project
4.2.2.2 Risk Assessment process applied
4.2.2.3 Techniques used by respondents
4.2.2.4 Techniques implemented in the Construction companies
4.2.3 Respondent's risk assessment analysis
4.2.3.1 Factors influencing selection of RA techniques
4.2.3.2 Qualitative Techniques usage frequencies
4.2.3.3 Qualitative Techniques achieving comprehensive assessment of risk
4.2.3.4 Quantitative Techniques usage frequencies
4.2.3.5 Quantitative Techniques achieving comprehensive assessment of risk
4.2.3.6 Availability of structured guidance for selection of risk assessment techniques
4.3 SPSS Analysis
4.3.1 One-way ANOVA test
4.3.2 Reliability test
5. Discussion
5.1 Overall responses to the questionnaire
5.1.1 Section 1
5.1.2 Section 2
5.1.3 Section 3
5.2 Answering the research questions
5.2.1 Factors needing to be considered when choosing the risk assessment technique to utilize
5.2.2 Development of structured guidance for project managers when choosing the optimum risk assessment technique
6. Conclusion and Recommendations
6.1 Overall conclusion
6.2 Limitations of the present research
6.3 Recommendations for Future Research
Research Objectives and Thematic Focus
The primary objective of this dissertation is to establish a structured approach to guide project managers of high-rise construction projects in Malaysia in selecting the most effective risk assessment techniques. The research seeks to identify key factors influencing the selection process, evaluate their relative importance, and ultimately provide a practical framework to optimize risk management and improve overall project performance.
- Risk management challenges in Malaysian high-rise construction.
- Evaluation of various qualitative and quantitative risk assessment tools.
- Analysis of factors influencing the choice of risk assessment techniques.
- Development of structured guidance for project managers.
- Assessment of current industry practices regarding risk analysis.
Excerpt from the Book
1.1 Background
High-rise construction projects are a significant part of the construction industry, which has a vital part in the growth of the country (Memon, Abdul Rahman, and Abdul Azis, 2012). The risk factors in high-rise construction projects are high. Hence, any risk occurring in a high-rise project also plays a part in the construction industry. So, to access and mitigate the high-rise project risks, project managers need to utilize relevant risk management techniques for the project activities to complete more efficiently (Chandubhai et al., 2019).
Risk management (RM) is a crucial matter to project managers; if not correctly handled, risks may lead to project failure (Marco, 2014); hence RM is an essential process in any construction project. Therefore, according to a study conducted by Gajewska and Ropel (2011), RM is presently one of the famous areas of attention for both researchers and construction experts.
From the insights on risk and its management, it can be pointed out that players within the construction industry faced the challenge of delivering a practical risk assessment and management system needed to help in the RM process. RM is intended to assist in identifying project risks, methodically analyse them, and identify appropriate tools and techniques in managing them. Analysing project risks and selecting the optimum technique to support project risk assessment is a crucial challenge, especially for project managers (Marco, 2014).
Moreover, the literature is full of RM techniques, all appealing to be competitive and productive (Tesfaye, Berhan, and Kitaw, 2016). However, choosing the optimum risk assessment technique is critical to project accomplishment (Fadzil, Noor, and Rahman, 2017). Hence, to lessen and mitigate construction risk, there is a need for a systematic approach on how to choose optimum risk assessment tools and techniques to use.
Summary of Chapters
Chapter 1 – Introduction: This chapter introduces the research context, focusing on risk management in Malaysian high-rise construction, and outlines the research aims, objectives, and methodological framework.
Chapter 2 – Literature review: This section reviews existing literature on risk management processes, categorizes qualitative and quantitative risk assessment techniques, and identifies the factors essential for selecting these techniques.
Chapter 3 – Methodology: This chapter details the research approach, covering the literature review, questionnaire design, sampling strategy, and the statistical methods used for data analysis.
Chapter 4 – Data Analysis: This chapter presents the empirical findings from the questionnaire survey, providing detailed analysis of the respondents' background and their perceptions of risk assessment techniques.
Chapter 5 – Discussion: This chapter interprets the analyzed data in the context of the research questions and existing literature, while proposing a structured guidance framework for project managers.
Chapter 6 – Conclusion and Recommendations: This concluding chapter summarizes the key findings, acknowledges the limitations of the research, and provides recommendations for future studies in the field.
Keywords
Risk Assessment, High-rise Construction, Malaysia, Risk Management, Project Management, Qualitative Techniques, Quantitative Techniques, Decision-making, Structured Guidance, Construction Industry, Risk Identification, Project Performance, Cost, Complexity, Feasibility
Frequently Asked Questions
What is the core focus of this research?
The research focuses on the selection of optimal risk assessment techniques specifically for high-rise construction projects within the Malaysian construction industry.
What are the central themes of this work?
Key themes include the identification of risk factors, the comparison of qualitative and quantitative assessment tools, and the development of structured guidance for project managers.
What is the primary objective of the study?
The study aims to create a structured approach to help project managers in Malaysia select the most appropriate risk assessment techniques to mitigate project risks and improve performance.
Which scientific methodology is employed?
The research utilizes a mixed-method approach, primarily relying on a comprehensive literature review followed by a quantitative survey questionnaire distributed to industry experts.
What does the main body of the work cover?
It covers the theoretical background of risk management, an evaluation of current assessment techniques, and a detailed analysis of survey data gathered from construction professionals.
Which keywords best characterize this work?
The work is best characterized by terms such as Risk Assessment, High-rise Construction, Malaysia, Risk Management, and Decision-making.
Why is cost considered the most important factor in this study?
Based on the survey results, cost is ranked as the most vital factor because it directly impacts the feasibility and budget compliance of high-rise projects.
How does this research support project managers?
It supports them by providing a structured framework and criteria to move beyond experience-based intuition toward a systematic selection of risk assessment tools.
- Citar trabajo
- Aqilah Juffle (Autor), 2020, Selection of Risk Assessment Technique for Highrise Buildings in Malaysia, Múnich, GRIN Verlag, https://www.grin.com/document/935431
