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Introducing a New Risk Management Model to the Saudi Arabian Construction Industry

Abstract Research has shown that construction projects in Saudi Arabia have exhibited poor performance for the past three decades. The traditional risk management practices have been ineffective at helping contractors deliver projects on time and within budget while meeting quality expectations. Studies have identified that client decision making is one of the main causes of risks that occur on projects in Saudi Arabia. This paper proposes a new risk management model that can minimize client decision making, and enable the client to utilize expertise, thereby improving project quality and performance. The model is derived from the Information Measurement Theory (IMT) and Performance Information Procurement System (PIPS), both developed at Arizona St... (more)
Created Date 2016-05-20
Contributor Algahtany, Mohammed (ASU author) / Alhammadi, Yasir (ASU author) / Kashiwagi, Dean (ASU author) / Ira A. Fulton School of Engineering / School of Sustainable Engineering and the Built Environment
Type Text
Extent 8 pages
Language English
Identifier DOI: 10.1016/j.proeng.2016.04.122 / ISSN: 1877-7058
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Citation Algahtany, M., Alhammadi, Y., & Kashiwagi, D. (2016). Introducing a New Risk Management Model to the Saudi Arabian Construction Industry. Procedia Engineering, 145, 940-947. doi:10.1016/j.proeng.2016.04.122
Collaborating Institutions ASU Library
Additional Formats MODS / OAI Dublin Core / RIS

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