1. Construction supply chain risk management framework for construction projects : case studies in Myanmar
- Author
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Soe, Yadanar
- Subjects
690.068 ,TH Building construction - Abstract
This research focuses on developing a Construction Supply Chain Risk Management (CSCRM) framework that can be adapted by developing countries to help construction projects make better use of materials procurement in their organisations, and to improve construction project management by effectively controlling the project to avoid project cost overruns. The research is conducted in Myanmar and all the companies studied, including the case-studies, are operating in Myanmar. The proposed CSCRM framework includes the plan, resources, process and control model part. The model suggests the development of close relationships with various stakeholders of the project for better use of the Risk Management Model. Without a proper CSCRM framework, a construction company in Myanmar can encounter a cost overrun of about three times the estimated total cost. However, the use of the proposed CSCRM framework can minimize the cost overrun by amounts of two times the total project cost. The results of case studies in three construction companies in Myanmar confirm that the proposed model is effective in managing the supply chain of construction projects in Myanmar, with effective mitigation of cost overrun risks and maximization of competitive advantages of the company.
- Published
- 2017