IDEAS home Printed from https://ideas.repec.org/a/taf/conmgt/v41y2023i10p875-891.html
   My bibliography  Save this article

Comparison of construction project risks before and during COVID-19 in Singapore: criticality and management strategies

Author

Listed:
  • Qian Xu
  • Bon-Gang Hwang
  • Rui Qi Choo
  • Xian Zheng
  • Lei Kong
  • Qian-Cheng Wang
  • Xuan Liu

Abstract

The outbreak of COVID-19 pandemic has caused worldwide disruption in construction industry. Although an increasing number of construction projects have been resumed, construction industry still faces significant risks due to the pandemic. The comparison of risk factors faced by construction industry before and during the pandemic helps us understand the dynamic risk transformation brought by the pandemic; however, few efforts have been made to understand the risk changes in construction sector. This study assessed the likelihood, impact, and criticality of risks brought by the pandemic in construction industry through a comparative analysis using Singapore as an example and proposed an innovative risk management solution to manage these risks accordingly. Survey questionnaires and semi-structured interviews were adopted. The finding indicated effective relief measures from the government to relieve the contractors’ liability in Singapore. Due to the pandemic, prioritized likelihood of risk occurrence changed from financial risk to labour shortage. Moreover, the finding highlighted that safety and health risks required significant attention, as they were ranked top in both periods. This study aids the understanding of how prioritized risks shifted during the pandemic and enlightens a promising and scalable risk management solution for industry stakeholders to establish better recovery from similar pandemics.

Suggested Citation

  • Qian Xu & Bon-Gang Hwang & Rui Qi Choo & Xian Zheng & Lei Kong & Qian-Cheng Wang & Xuan Liu, 2023. "Comparison of construction project risks before and during COVID-19 in Singapore: criticality and management strategies," Construction Management and Economics, Taylor & Francis Journals, vol. 41(10), pages 875-891, October.
  • Handle: RePEc:taf:conmgt:v:41:y:2023:i:10:p:875-891
    DOI: 10.1080/01446193.2023.2211179
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/01446193.2023.2211179
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.1080/01446193.2023.2211179?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:conmgt:v:41:y:2023:i:10:p:875-891. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RCME20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.