Risk Factors in Dedicated Freight Corridor and Mass Rapid-Transit Metro Rail Infrastructure Projects
Publication: Journal of Legal Affairs and Dispute Resolution in Engineering and Construction
Volume 14, Issue 2
Abstract
Rail infrastructure projects are complex and capital intensive and involve an array of stakeholders. As a result, proper risk management in these projects is crucial for their successful completion. In developing countries such as India, most rail projects experience delays and cost overruns. The present study was conducted in the Indian construction industry to identify the risk factors associated with dedicated freight corridor and mass rapid-transit metro rail construction projects. A total of 31 risk attributes were identified through a literature review. Subsequently, a questionnaire survey was conducted, and responses of 80 experts were collected. The responses were then analyzed using descriptive statistics (relative importance index and analysis of variance) and factor analysis. In total, eight critical risks factors were established from the identified attributes: lack of skill and competency, lack of project resources, political interventions and disputes, poor subcontractor management, poor-quality bid document, scope creep, contractual issues, and client delays. The research findings are expected to help stakeholders understand the critical risks involved in railway construction projects and would allow them to manage their existing resources more strategically.
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Data Availability Statement
Some or all data, models, or code that support the findings of this study are available from the corresponding author upon reasonable request. The sample questionnaire and responses from the experts, and its analysis on SPSS software used in this study are available from the corresponding author upon reasonable request.
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Published In
Journal of Legal Affairs and Dispute Resolution in Engineering and Construction
Volume 14 • Issue 2 • May 2022
Copyright
© 2021 American Society of Civil Engineers.
History
Received: Jul 2, 2021
Accepted: Nov 8, 2021
Published online: Dec 28, 2021
Published in print: May 1, 2022
Discussion open until: May 28, 2022
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