Determining the risks of the process construction in border areas

Abstract

In all phases of the project, there are always events and conditions occurring that directly or indirectly affect the implementation of the project, causing the project to fail to achieve the target of the proposed project subject. Such events and conditions are called project risks. The more human society develops, the more diverse, rich, and complex human activities become. Therefore, risks are increasingly complex and have negative impacts on people’s lives. Construction work is a special product. Therefore there are more and more risks that are hidden in the construction process. Especially when projects are placed in remote, mountainous, or border areas, the risks become more complex and diverse. Hence, if risks are identified quickly and accurately, managers can reduce the level of risk in the process. Then, people can also suggest some solutions to reduce the risks. The goal of this paper is to propose and evaluate the risk factors of the construction process in the border district, Quang Nam Province, by applying the Exploratory Factor Analysis (EFA) method. This study tried to collect data analyze qualitative and quantitative risk factors. The results showed that the collected survey data is meaningful.