الفهرس | Only 14 pages are availabe for public view |
Abstract The construction sector is considered one of the economic pillars in Egypt, where it holds 4.8% of GP (issued by the General Authority for Investment and Free Zones). The construction sector accounts for 11 percent of total employment in 201/201 with a workforce of 2.7 million people (Egyptian center for economic studies). It is recognized that there is a strong linkage between the Egyptian construction sector and the other sectors. The cyclical fluctuations in growth rates and the relative share of the construction sector—almost every five years—point to the highly sensitive nature of this industry to economic cycles. It is seen in 201 a high inflation which is the biggest since the global recession in 2008. As perceived the economy witnessed a recession which is considered the worst due to inflation. For this reason, this study aims to assay the risks of onstruction sector and its mitigation measures in accordance with the economic recession as a variable. Risks were collected through literature review and were defined according to the variable of the study. In addition, the questionnaires have been reviewed, according to expert opinions. Respondents were comprised two categories the owner or his representative the consultant and contractor to find out the opinions of all respondents and determine the responsibilities of risks by using quantitative analysis with the SPSS program aid in accordance with the economic objective and assay critical risks. Then critical risks were analyzed by Primavera risk analysis software to determine the top critical economic risks during the project life cycle, according to the economic objective of the project as well. Recommendations showed the government’s role in the development of the sector and the issuance of suitable legislation as a comprehensive solution to the period. In addition, the study created a checklist involved the suggested risk management framework to help project managers proceeding their projects in the desired level of cost and time. |