The failure factors of the contracting business from the contractors point of view

Q2 Engineering

International Review of Applied Sciences and Engineering Pub Date : 2023-10-06 DOI:10.1556/1848.2023.00707

Ibrahim Mahamid

引用次数: 0

Abstract

Abstract This article aims at illustrating the major factors of construction firms' failure from the perspective of constructors. Thirty-seven (37) factors are illustrated in this article. The factors are divided under 3 groups: financial, managerial and external. The study used the field survey technique (questionnaire) to collect the necessary data that serves its purpose. Results illustrate that the top 5 contributors are: delay in collecting payments from owner (financial group), poor work experience (managerial group), bidding strategy (managerial group), local political conditions, low profit due to high competition (financial group). Results indicate that the top factors are internal factors which could be handled and controlled by the company itself. The results of this study are the first step towards identifying the problems of contracting companies in order to understand them and try to find solutions that will raise the level of companies and ensure their continuity and success.

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从承包商的角度分析承包业务的失败因素

摘要本文旨在从施工方的角度阐述施工企业失败的主要因素。本文列举了37个因素。这些因素可分为三大类:财务、管理和外部。本研究采用实地调查技术(问卷调查)收集必要的数据，以服务于其目的。结果表明，前5位影响因素分别是:业主回款延迟(金融集团)、工作经验差(管理集团)、投标策略(管理集团)、当地政治条件、竞争激烈导致利润低(金融集团)。结果表明，排名靠前的因素为内部因素，是公司可以自行处理和控制的。本研究的结果是朝着确定承包公司的问题，以了解他们的第一步，并试图找到解决方案，将提高公司的水平，确保他们的连续性和成功。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

International Review of Applied Sciences and Engineering Materials Science-Materials Science (miscellaneous)

CiteScore

2.30

自引率

0.00%

发文量

审稿时长

46 weeks

期刊介绍： International Review of Applied Sciences and Engineering is a peer reviewed journal. It offers a comprehensive range of articles on all aspects of engineering and applied sciences. It provides an international and interdisciplinary platform for the exchange of ideas between engineers, researchers and scholars within the academy and industry. It covers a wide range of application areas including architecture, building services and energetics, civil engineering, electrical engineering and mechatronics, environmental engineering, mechanical engineering, material sciences, applied informatics and management sciences. The aim of the Journal is to provide a location for reporting original research results having international focus with multidisciplinary content. The published papers provide solely new basic information for designers, scholars and developers working in the mentioned fields. The papers reflect the broad categories of interest in: optimisation, simulation, modelling, control techniques, monitoring, and development of new analysis methods, equipment and system conception.