Modelling risk factors and challenges with the implementation of risk management in high-rise building construction

• Published in: Malaysian Construction Research Journal
• Main Author: Zaini A.A.; Sofwan N.M.
• Format: Article
• Language: English
• Published: Construction Research Institute of Malaysia 2020
• Online Access: https://www.scopus.com/inward/record.uri?eid=2-s2.0-85099959493&partnerID=40&md5=1a44af656107f5fd3dbadf263b7e8f01

Construction risks are inherent in every construction project especially high-rise building construction which is complex in nature. It is important to understand the significant risk factors and challenges in high-rise building construction in order to facilitate the construction stakeholders to minimize the negative effect of construction risks. One of the strategies that can be obtained is by the implementation of risk management before any construction project starts. Therefore, this research intends to identify the causal effect of high-rise building construction risk factors and challenges towards the implementation of risk management. This research employed a questionnaire survey of 105 experienced and less experienced construction stakeholders dealing with high rise building construction. The results were analysed using factor analysis and converted into AMOS graphic to analyse the inter-relationship of risk factors and challenges towards risk management. These inter-relationships were modelled based on hypothesis and theoretical framework of the research. The result shows only five (5) hypotheses were supported out of twelve (12) hypotheses that have been tested. A positive relationship between risk factors and challenges towards risk management from this model can be used by construction stakeholders in identifying the major risk factors and challenges and a systematic way to manage the high-rise building construction risks. Based on the findings of this research, it is suggested that future research may focus on inter-relationship of risk management towards the performance of a construction project. © 2020, Construction Research Institute of Malaysia. All rights reserved.