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Risks affecting the performance of Ethiopian domestic road construction contractors.

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Title: Risks affecting the performance of Ethiopian domestic road construction contractors.
Authors: Wubet, Worku Asratie1 (AUTHOR), Burrow, Michael1 (AUTHOR), Ghataora, Gurmel1 (AUTHOR)
Source: International Journal of Construction Management. Mar2023, Vol. 23 Issue 4, p639-647. 9p.
Subjects: Construction contractors, Road construction, National currencies, Ethiopians, Construction projects
Geographic Terms: Ethiopia
Abstract: The government of Ethiopia (GOE) has been working to enhance the capacity of Ethiopian domestic contractors (EDCs) over the past three decades. This has enabled the development of several private and public construction firms. However, the performance of EDCs is still a matter of concern. The aim of this paper is, therefore, to identify and prioritize risks of EDCs operating in the federal road construction projects. Forty-seven risk events were identified through an in-depth literature review. A questionnaire survey was conducted with professionals from the three main contracting parties (contractors, consultants, and the client) to prioritize the identified risk events in terms of their relative significance. The study outlined the ten most significant risk events namely, shortage of cash, inadequate planning, lack of access to foreign currency, delay in possession of site, frequent breakdown of equipment, delay in delivery of material and equipment, financial failure, inflation, delay in payments and poor commitment and coordination within the contractors' team. This study provides an insight into contractors' risks with a focus on domestic contractors engaged in the road sector. The findings of this study will be helpful to construction firms to develop an appropriate risk management system to effectively mitigate their risks. [ABSTRACT FROM AUTHOR]
Copyright of International Journal of Construction Management is the property of Taylor & Francis Ltd and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
Database: Engineering Source
FullText Text:
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DbLabel: Engineering Source
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PubType: Academic Journal
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  Data: Risks affecting the performance of Ethiopian domestic road construction contractors.
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  Data: <searchLink fieldCode="AR" term="%22Wubet%2C+Worku+Asratie%22">Wubet, Worku Asratie</searchLink><relatesTo>1</relatesTo> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22Burrow%2C+Michael%22">Burrow, Michael</searchLink><relatesTo>1</relatesTo> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22Ghataora%2C+Gurmel%22">Ghataora, Gurmel</searchLink><relatesTo>1</relatesTo> (AUTHOR)
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  Data: <searchLink fieldCode="JN" term="%22International+Journal+of+Construction+Management%22">International Journal of Construction Management</searchLink>. Mar2023, Vol. 23 Issue 4, p639-647. 9p.
– Name: Subject
  Label: Subjects
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  Data: <searchLink fieldCode="DE" term="%22Construction+contractors%22">Construction contractors</searchLink><br /><searchLink fieldCode="DE" term="%22Road+construction%22">Road construction</searchLink><br /><searchLink fieldCode="DE" term="%22National+currencies%22">National currencies</searchLink><br /><searchLink fieldCode="DE" term="%22Ethiopians%22">Ethiopians</searchLink><br /><searchLink fieldCode="DE" term="%22Construction+projects%22">Construction projects</searchLink>
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  Label: Geographic Terms
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  Data: <searchLink fieldCode="DE" term="%22Ethiopia%22">Ethiopia</searchLink>
– Name: Abstract
  Label: Abstract
  Group: Ab
  Data: The government of Ethiopia (GOE) has been working to enhance the capacity of Ethiopian domestic contractors (EDCs) over the past three decades. This has enabled the development of several private and public construction firms. However, the performance of EDCs is still a matter of concern. The aim of this paper is, therefore, to identify and prioritize risks of EDCs operating in the federal road construction projects. Forty-seven risk events were identified through an in-depth literature review. A questionnaire survey was conducted with professionals from the three main contracting parties (contractors, consultants, and the client) to prioritize the identified risk events in terms of their relative significance. The study outlined the ten most significant risk events namely, shortage of cash, inadequate planning, lack of access to foreign currency, delay in possession of site, frequent breakdown of equipment, delay in delivery of material and equipment, financial failure, inflation, delay in payments and poor commitment and coordination within the contractors' team. This study provides an insight into contractors' risks with a focus on domestic contractors engaged in the road sector. The findings of this study will be helpful to construction firms to develop an appropriate risk management system to effectively mitigate their risks. [ABSTRACT FROM AUTHOR]
– Name: AbstractSuppliedCopyright
  Label:
  Group: Ab
  Data: <i>Copyright of International Journal of Construction Management is the property of Taylor & Francis Ltd and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract.</i> (Copyright applies to all Abstracts.)
PLink https://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=egs&AN=162418573
RecordInfo BibRecord:
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    Identifiers:
      – Type: doi
        Value: 10.1080/15623599.2021.1902732
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      – Code: eng
        Text: English
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        PageCount: 9
        StartPage: 639
    Subjects:
      – SubjectFull: Construction contractors
        Type: general
      – SubjectFull: Road construction
        Type: general
      – SubjectFull: National currencies
        Type: general
      – SubjectFull: Ethiopians
        Type: general
      – SubjectFull: Construction projects
        Type: general
      – SubjectFull: Ethiopia
        Type: general
    Titles:
      – TitleFull: Risks affecting the performance of Ethiopian domestic road construction contractors.
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            NameFull: Wubet, Worku Asratie
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            NameFull: Burrow, Michael
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            NameFull: Ghataora, Gurmel
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            – D: 01
              M: 03
              Text: Mar2023
              Type: published
              Y: 2023
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