Subject Area
Civil and Environmental Engineering
Article Type
Original Study
Abstract
Cost overruns are a common problem in the global construction industry, which affects the development of road construction, particularly in developing countries. Moreover, many risk factors in road construction might result in project cost overruns, particularly during COVID-19. So, the research aimed to look into the new risk variables' severity when a coronavirus infection was present. The primary goal of the study is to identify the most important risk variables affecting the construction of roads in Egypt, especially during COVID-19 to lessen the likelihood and impact of those risks. The likelihood and effects of the identified risks were determined by conducting a questionnaire survey on a set of 11 risk categories made up of 162 risks. The study's findings also indicate that the excessive and illegal loads on the roads, the fluctuating value of the Egyptian pound, and the accruing interest on loans to the contractor as a result of the work interruption caused by the coronavirus are the high-risk factors that have the greatest impact on cost overruns for road projects. In addition, the cost matrix has also been used to display risk factor levels as a road map for responding quickly to high risks.
Keywords
Road projects, Cost overruns; Risk breakdown structures; Qualitative risk analysis
Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 License.
Recommended Citation
Gamal, Yasser A.S; Abd Allah, Elsayed Mohamed; Maged, Mina; and Enieb, Mahmoud
(2023)
"Evaluation of the Risk Factors Impacting the Cost Overruns in the Construction of Roads in Egypt during the COVID-19 Pandemic,"
Mansoura Engineering Journal: Vol. 48
:
Iss.
4
, Article 1.
Available at:
https://doi.org/10.58491/2735-4202.3047