RISK FACTORS INFLUENCING THE PLANNING STAGE OF HIGH-RISE RESIDENTIAL BUILDING PROJECTS

NUR SYAIMASYAZA MANSOR

Abstract


The construction process of high-rise residential buildings is complex and often results in cost and time overruns due to various factors, including slow and ineffective decision-making. Effective risk management during the planning stage is crucial to identify, assess, and mitigate potential risks that could impact project outcomes. Most studies have focused on risk management in construction project without clearly separate the stages of pre-construction, post-construction or during construction stage. This paper report on a study to identify key risk factors affecting high-rise residential building projects throughout the planning stage. The research adopted a quantitative method through structured questionnaires distributed to developer's companies that has high-rise residential building project in Malaysia. The research has identified 10 risk factors during the planning stage with 6 factors are considered high likelihood of occurrence. The findings of this study will provide valuable insights into the risk management practices in the planning stage of high-rise residential buildings and contribute to improving project efficiency and reducing uncertainties in the Malaysian construction industry.


Keywords


developer; high-rise residential building; planning stage; risk management

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References


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