Determiners of Schedule Delay Risk of the Highway Project in Vietnam: Based On the SEM model
Honganh Vu, Jianqiong Wang, Jicai Liu, Lianxing Min, Syhung Mai
Available Online January 2016.
- https://doi.org/10.2991/ifmeita-16.2016.19How to use a DOI?
- Construction Progress, Schedule Delays, Structural Equation Model, Risk Evaluation
- With the economic development of Vietnam in recent years, the highway construction develops rapidly and brings the international construction companies a good opportunity, but the phenomenon of schedule delays has a serious impact on the project investment efficiency, cost and reputation. In this paper, on the basis of former study and combining with interviews of Vietnam expert, we investigated the influential factors of highway construction schedule in Vietnam by the questionnaire survey in 2014, and evaluated the mutual influence of the above factors by using structural equation model (SEM). The empirical results showed that the 7 factors had significant impacts on the construction schedule delay. Finally, we propose the specific management sugges-tions to improve the international construction companiesâ€™ ability of risk management when partic-ipating in the highway project contract in Vietnam.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Honganh Vu AU - Jianqiong Wang AU - Jicai Liu AU - Lianxing Min AU - Syhung Mai PY - 2016/01 DA - 2016/01 TI - Determiners of Schedule Delay Risk of the Highway Project in Vietnam: Based On the SEM model BT - 2016 International Forum on Management, Education and Information Technology Application PB - Atlantis Press SP - 98 EP - 103 SN - 2352-5398 UR - https://doi.org/10.2991/ifmeita-16.2016.19 DO - https://doi.org/10.2991/ifmeita-16.2016.19 ID - Vu2016/01 ER -