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Critical Risk Factors of Modern Methods of Construction

In: Building a Body of Knowledge in Modern Methods of Construction and Offsite Construction

Author

Listed:
  • El-adaway I.
  • Abdul Nabi M.
  • Hastak M.
  • Assaad R.

Abstract

Successful implementation of modern methods of construction (MMC) is dependent on multiple project aspects and complex dimensions. MMC are associated with many risks and uncertainties that need to be proactively managed and considered during the early stages of construction projects. To this end, this chapter provides an overview of the risk factors affecting the successful implementation of MMC. The chapter will mainly focus on identified key broad aspects as well as the most critical risk factors based on the quantification of their likelihood of occurrence as well as impact on project performance. 47 MMC risk factors are presented and categorised into 8 different project aspects including cost, schedule, quality, sustainability, safety, design, resources, and technology, as well as organisational and regulatory. Finally, the chapter presents a thorough discussion of the most critical risk factors and offers key strategies and practices for minimising their occurrence and subsequently maximising the capitalisation on the benefits of MMC in construction projects.

Suggested Citation

  • El-adaway I. & Abdul Nabi M. & Hastak M. & Assaad R., 2025. "Critical Risk Factors of Modern Methods of Construction," World Scientific Book Chapters, in: Wajiha M Shahzad & Monty Sutrisna (ed.), Building a Body of Knowledge in Modern Methods of Construction and Offsite Construction, chapter 5, pages 92-129, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789811298875_0005
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    JEL classification:

    • L74 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Construction
    • L7 - Industrial Organization - - Industry Studies: Primary Products and Construction
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management

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