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Adesi, M, Owusu-Manu, D and Murphy, R (2018) Strategic competences for pricing quantity surveying consultancy services. Engineering, Construction and Architectural Management, 25(03), 458–74.

Ahmadi Esfahani, N and Shahandashti, M (2020) Post-hazard labor wage fluctuations: a comparative empirical analysis among different sub-sectors of the U.S. construction sector. Journal of Financial Management of Property and Construction , 25(03), 313–30.

Akinradewo, O I, Aigbavboa, C O and Oke, A E (2020) Improving accuracy of road projects’ estimates in the Ghanaian construction industry. Journal of Financial Management of Property and Construction , 25(03), 407–21.

Bon, R (1997) The future of international construction. Building Research & Information, 25(03), 137–41.

Bordass, B and Leaman, A (1997) Design for manageability. Building Research & Information, 25(03), 148–57.

Deng, X, Low, S P, Zhao, X and Chang, T (2018) Identifying micro variables contributing to political risks in international construction projects. Engineering, Construction and Architectural Management, 25(03), 317–34.

  • Type: Journal Article
  • Keywords: International construction; Risk management; Project management; Questionnaire survey;
  • ISBN/ISSN: 0969-9988
  • URL: https://doi.org/10.1108/ECAM-02-2017-0042
  • Abstract:
    The purpose of this paper is to explore the micro-level variables contributing to political risks in international construction projects. Design/methodology/approach A total of 25 micro-level variables were identified from the literature review, and a questionnaire survey was performed with 138 professionals from both academia and industry. Then, the Spearman rank correlation was used to test whether there was agreement on ranking between the two respondent groups. Furthermore, the 25 variables were grouped into six underlying factors through the exploratory factor analysis. Findings The results indicated that the most critical variables were “project desirability to the host country,” “relationship with governments,” “misconduct of contractors,” “public opposition to the project,” “experiential knowledge of political risks” and “advantageous conditions of contract.” In addition, the opinions within each group were consistent and there was no significant disagreement on the rankings of variables between academics and practitioners. However, the academic and practitioner groups held different opinions on some individual variables. The impact direction of the variables was associated with confusion among the respondents. Originality/value The findings presented in this paper can help international construction enterprises effectively manage political risks in international construction projects.

Fo, S and Hietanen, x (2007) Interorganizational use of building information models: potential for automational, informational and transformational effects. Construction Management and Economics, 25(03), 289–96.

Gupta, P K and Verma, H (2020) Risk perception in PPP infrastructure project financing in India. Journal of Financial Management of Property and Construction , 25(03), 347–69.

Hassim, S, Muniandy, R, Alias, A H and Abdullah, P (2018) Construction tender price estimation standardization (TPES) in Malaysia. Engineering, Construction and Architectural Management, 25(03), 443–57.

Holt, G D (2018) Let’s change tack, not wind direction: a response to Kog and Yaman (2016). Engineering, Construction and Architectural Management, 25(03), 335–41.

Jin, X-H, Doloi, H and Gao, S-Y (2007) Relationship-based determinants of building project performance in China. Construction Management and Economics, 25(03), 297–304.

K'Akumu, O A (2007) Construction statistics review for Kenya. Construction Management and Economics, 25(03), 315–26.

Kappia, J G, Dainty, A R J and Price, A D F (2007) Prioritising career development in relation to recruitment and retention: a trade and craft perspective. Construction Management and Economics, 25(03), 239–53.

Ling, F Y Y and Hui, D (2007) Enablers for Singapore contractors to internationalize construction services. Construction Management and Economics, 25(03), 267–75.

Meintjes, I, Bowen, P and Root, D (2007) HIV/AIDS in the South African construction industry: understanding the HIV/AIDS discourse for a sector-specific response. Construction Management and Economics, 25(03), 255–66.

Ngowi, A B (1997) A hybrid approach to house construction: a case study in Botswana. Building Research & Information, 25(03), 142–7.

Obeng, K, Ocran, K A G and Anaba, D (1997) Palm kernel shell as fuel for burning bricks. Building Research & Information, 25(03), 131–6.

Olander, S (2007) Stakeholder impact analysis in construction project management. Construction Management and Economics, 25(03), 277–87.

Onubi, H O, Yusof, N and Hassan, A S (2020) Effects of green construction on project’s economic performance. Journal of Financial Management of Property and Construction , 25(03), 331–46.

Pellegrino, R and Costantino, N (2018) An empirical investigation of the learning effect in concrete operations. Engineering, Construction and Architectural Management, 25(03), 342–57.

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Shurrab, M, Abbasi, G and Al Khazaleh, R (2018) Evaluating the effect of motivational dimensions on the construction project managers in Jordan. Engineering, Construction and Architectural Management, 25(03), 412–24.

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Windapo, A O, Olugboyega, O and Odediran, S (2020) Impacts of procurement strategies on construction SMEs’ growth. Journal of Financial Management of Property and Construction , 25(03), 423–46.

Zhang, R P, Pirzadeh, P, Lingard, H and Nevin, S (2018) Safety climate as a relative concept. Engineering, Construction and Architectural Management, 25(03), 298–316.

Zuo, J, Zhao, X, Nguyen, Q B M, Ma, T and Gao, S (2018) Soft skills of construction project management professionals and project success factors. Engineering, Construction and Architectural Management, 25(03), 425–42.