RESEARCH METHODS: LEANRING FROM A CHOSEN RESEARCH PAPER RESEARCH PAPER: ‘EVALUATION AND SELECTION OF CONSTRUCTION PROJECTS BASED ON RISK ANALYSIS’ COURSE: RESEACH METHODS INSTRUCTOR: DR. SHOAIB FAROOQ DEPTT.: LSPS -UOL, MAIN CAMPUS PRESENTER PROFILE NAME: OZAIR ALI KHAN REG NO. MSPM02193015 EDUCATION: BACHELORS IN CIVIL ENGINEERING (UET) PROFESSION: CIVIL ENGINEER EXPERIENCE: 5+ YEARS CURRENT JOB TITLE: ASSISTANT ENGINEER PROJECTS CURRENT ORG.: IDAP PRESENTATION CONTENT Paper Specifics Objectives of Report Research Spiral Problem Statement Literature Review Research Purpose Data Collection Data Analysis Data Interpretation Conclusion PAPER SPECIFICS TITLE EVALUATION AND SELECTION OF CONSTRUCTION PROJECTS BASED ON RISK ANALYSIS AUTHOR -1 Usama H. Issa ORIGIN Saudi-Arabia & Egypt AUTHOR-2 Salah A.A. Mosaad ORIGIN Saudi-Arabia & Egypt AUTHOR-3 M. Salah Hassan ORIGIN Egypt KEY WORDS Risk analysis, Decisions, Contractor, AHP, Construction projects, HVAC and Fuzzy. PAPER SPECIFICS (CONTD…) RESEARCH METHOD QUALITATIVE AND QUANTITIVE RESEARCH ISSTRUMENT INTERVIEWS, FOCUS GROUPS & Case Study ANALYSIS FUZZY MODEL AND STATISTICAL ANALYSIS OUTCOME NEW STRATEGY FOR CONTRACTORS OBJECTIVES OF THE REPORT • • • • • To Apply the learning of the subject/course. To develop understanding related to research work. To identify different research techniques/methods/approaches adopted by the researcher(s). To identify and document the methodology and analysis employed by the author To understand the outcomes of the study RESEARCH SPIRAL Identify the Research Problem Evaluate Data and Write Report Analyze and Interpret Data Review the Literature Collect Data Specify a Research Purpose IDENTIFICATION OF PROBLEM STATEMENT PROBLEM STATEMENT “The construction industry is very complex and there are various parties involved in this industry. From the contractor’s point of view, it is not easy to judge either they should go for bidding on the specific project or not. A number of factors need to be considered. Sometimes, the contractor got the project but that project results in disadvantages to the company instead of giving it profits.” LITERATURE REVIEW (HISTORICAL PERSPECTIVE) LITERATURE REVIEW Following topics are covered in literature review: • • • Decision making in construction industry. Evaluation and selection of construction project elements Using risk analysis in construction problem evaluation LITERATURE REVIEW (CONTD.) DECISION MAKING IN CONSTRUCTION INDUSTRY Sr. No. Researcher (s) Type/Model /Approach 1 Amer and Attia, 2009 Factors Identification 2 Issa UH, Miky YH, Abdel-Malak FF, 2019 Multicriteria decision-making model 3 Sandanayake et al, 2019 Evaluation tool 4 Shevchenko et al., 2019 Decision-making approach Description 37 criteria were identified in order to select and to make decisions based on roof stacking methods. A software based multicriteria decision-making model was developed and introduced for helping in decision making related to selection of the most suitable substitute and employed many types of data considering the customers’ requirements and preferences. Construction emission evaluation tool was presented in order to allow designers and contractors to make estimation and comparison for emissions from major sources of emission in building construction. Decision-making approach was presented on the basis of qualitative estimates obtained by investigating the risks posed, management methods used, and application of the proposed methods for assessing the contractor’s risk in construction companies LITERATURE REVIEW (CONTD.) DECISION MAKING IN CONSTRUCTION INDUSTRY Sr. No. Researcher (s) 5 Sonmez and Sözgen, 2017 6 Lee et al., 2019 7 Rasiulis et al., 2015 Type/Model /Approach Description For the purpose of making decision related to Support vector bid/no-bid, support vector machines and machines and backward elimination regression were employed, backward elimination for offshore oil and gas platform fabrication regression projects in order to achieve a parsimonious support vector machine classifier. Presentation and analysis of an alternative dispute resolution (ADR) selection carried out Alternative Dispute based on utilization. They reclassified ADR Resolution (ADR) selection and used it with reference to a framework based on the theory of planned behavior. New algorithm was presented for the evaluation of modernization decisions for buildings, enabling decision makers for selection of best performing alternatives related to energy consumption, cost Algorithm of installment, and other relevant criteria. The presented decision algorithm comprises a method for the integrated significance determination of efficiency indicators. LITERATURE REVIEW (CONTD.) EVALUATION AND SELECTION OF CONSTRUCTION PROJECT ELEMENTS Sr. No. Researcher (s) Type/Model /Approach 1 Hatefi and Tamošaitienė, 2019 DEMATEL-fuzzy ANP model 2 Ebrahimnejad et al, 2012 A fuzzy VIKOR method 3 Badov, 2015 Algorithm Description Proposed an integrated model for construction project evaluation, that is, the DEMATEL-fuzzy ANP model. The model determined the interrelationships and interdependencies among risk factors. A new two-phase group decision making approach was proposed in order to perform project selection by using multiple criteria to solve a construction project problem. A fuzzy VIKOR method was extended to rank potential projects based on their overall performance. Described an algorithm for contractor selection. The algorithm was based on ordering and fuzzy set theories. The selection was conducted basing on several criteria such as reputation, technical capabilities, financial situation, and organizational skills. LITERATURE REVIEW (CONTD.) EVALUATION AND SELECTION OF CONSTRUCTION PROJECT ELEMENTS Sr. No. 4 5 6 Researcher (s) Edrogan et al., 2017 AbelEl-khalek et al, 2017 Yin et al., 2017 Type/Model /Approach Multi-criteria Model Statistical Analysis Description Nine-stage model using multicriteria methods for solving decision-making problems in construction, such as selecting the best contractor. Identified, analyzed, and prioritized the most important criteria affecting a subcontractor’s selection process using statistical analysis. A method to evaluate a project manager’s competency was proposed by based on Multi-Criteria Method multiple criteria with an interactive relationship. LITERATURE REVIEW (CONTD.) USING RISK ANALYSIS IN CONSTRUCTION PROBLEM EVALUATION Sr. No. 1 2 3 Researcher (s) Type/Model /Approach Sanni-Anibire et al., 2020 Approach Li and Wang, 2019 Fuzzy analytic network process & Interpretive Structural Modeling Chen et al., 2019 Engineering case analysis and complex network theory Description Developed a risk assessment approach for increasing safety performance and establishing risk scores and weights of various accidents occur in construction projects. Proposed a risk assessment method to fill the gap of understanding risk impact, to address vital interrelationships and interdependencies. Two methodologies were engaged: fuzzy analytic network process and interpretive structural modeling. Proposed a methodology to combine engineering case analysis and complex network theory. Several risk paths were investigated; subsequently, a cost overrun risk propagation network was established and the statistical properties were explored RESEACH PUPROSE RESEACH OBJECTIVES • To solve the problems faced by the Contractors in the bidding process. • Selection of the best strategy through engaging analytical tools and models. • Purposing of the new strategy best suiting the Contractors. • Documentation and reporting of the results RESEACH METHDOLOGY • Identification of the criteria impacting the execution of the available construction projects from the contractor’s standpoint. • Development of a new strategy considering the AHP to support the contractor in the evaluation and selection of construction projects. • • Determination of weight and importance of some criteria through intensive field survey. Applying a fuzzy risk analysis model to evaluate and quantify the time delay and cost overrun criteria based on activities and the risk factors affecting them. • applying the new strategy on a real case study that involves HVAC systems in two countries to allow a contractor to select one of them to be executed. RESEACH METHDOLOGY DATA COLLECTION DATA COLLECTION INSTRUMENT Data is collection instruments used for this research are divided in two stages: • • Stage-I: Semi-Structured Interviews Stage-II: Brainstorming Sessions DATA COLLECTION STAGE-I: SEMI-STRUCTURED INTERVIEWS The semi-structured interviews were convened for the identifications of the main criteria: • • • • • Market conditions Financial resources Project conditions Time delays Overruns DATA COLLECTION STAGE-II: BRAINSTORMING SESSIONS Brainstorming Sessions were carried out in order to finalize the weights of first 3 criteria. • • • Market conditions Financial resources Project conditions DATA ANALYSIS & INTERPRETATION OF RESULTS DATA ANALYSIS SELECTION OF PROJECTS FROM CASE STUDY Following two projects were selected from the case study related to HVAC systems: • Center of excellence building (Japanese University in Borg Al Arab, Alexandria, Egypt.) a) Floors: 5 Storey b) Area: 25,160 • A Copthorne hotel building (South zone area of the Jabal Omar Development Project in Makkah, Saudi Arabia) a) Floors: 35 Storey b) Area: 26,220 DATA ANALYSIS APPLICAION OF MODELS Following two models are employed in the case study to perform analysis: • The risk analysis model ( time delays and cost the activities - Analyzed against 55 identified risk factors) • Fuzzy Models was implemented for the qualification of first 3 criteria (analyzed against 15 factors identified against the criteria) INTERPRETAION OF RESULTS Following results were interpreted: • Based on applying a risk analysis model, the expected time delay percentages for projects 1 and 2 were 26.5% and 21.5%, respectively, while the quantified cost overrun percentages for the same projects were 25.1% and 23.4%, respectively. A positive relation between the effect of the most important risk factors on cost and time was perceived. • The results from applying the new strategy showed 20% higher support for the selection of project 2 as compared with support for project 1. INTERPRETAION OF RESULTS STEPS FOR APPLICATION OF NEW STRATEGY • • • • • Identifying all criteria that affect the project. Identifying all factors that affect each criterion. Applying the risk analysis model to quantify time delay and cost overrun.. Determining the weight and importance for each criterion. Applying the decision model to compare the alternatives and select one of them to be executed. CONCLUSIONS • • • • • A new strategy to support contractors for the evaluation and selection of a construction project based on the AHP was developed. Two projects in a case study for HVAC system execution in two different countries were used to apply and validate the new strategy. Five criteria and seventy factors affecting the contractor decision were identified through a field survey, and the weight and importance of each criterion were determined. One of the main benefits of the new strategy was that contractors were supported in selecting projects with minimum risk levels. Finally, the new strategy developed in this study can be utilized efficiently in other case studies in construction projects. THANK YOU