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• W1966233422 startingPage "164" @default.
• W1966233422 abstract "This research aimed at identifying the most significant risks relevant to construction contracts of two power station projects in Egypt. These were large scale, fast‐track projects where a multi‐package contracting plan was utilized. Further, the study investigated how risks were perceived and managed by a large sample of Egyptian and international contractors who participated in the execution of these two major projects. A checklist of risk categories was developed to aid contractors in their risk identification effort. The compilation of this checklist identified the following risk categories: 1) owner’s obligations; 2) interface with other contractors; 3) liability risks; 4) financial risks; 5) risks related to changes; 6) technical risks and 7) consortium risks. Research results identified a marked lack of consistency in the contractors’ risk identification effort. Contractors possessing past experience in Egypt were far better able to identify the relevant risks. On the other hand, local Egyptian contractors with vast experience in Egypt but limited project management experience were shown to lack the necessary expertise to properly identify risks and to take the appropriate exceptions. Furthermore, the results revealed that bidders do not include in their proposals their “true” lists of exceptions which represent genuine risks to them." @default.
• W1966233422 created "2016-06-24" @default.
• W1966233422 creator A5023014929 @default.
• W1966233422 creator A5052633864 @default.
• W1966233422 date "2007-12-01" @default.
• W1966233422 modified "2023-10-16" @default.
• W1966233422 title "Risk management practices of contractors: A case study of power station projects in Egypt" @default.
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• W1966233422 doi "https://doi.org/10.1108/13664380780001102" @default.
• W1966233422 hasPublicationYear "2007" @default.
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