Global Perception of Sustainable Construction Project Risks

Abstract

Sustainability goals move projects away from narrowly focused traditional management oriented ambitions of time, cost and quality, giving attention to economic, environmental and social impacts of construction projects. The recent literature identifies the critical project delivery attributes influencing sustainable building and infrastructure project outcomes as: trust and collaboration between key project participants, their commitment to sustainability, their early involvement and contract conditions. This paper presents results of the still ongoing study which is in relatively under-researched area and examines the global perception of sustainable Construction Project Risks. The survey goals were to compare different stakeholders’ evaluation of risks and stakeholders influence on project success. Risk was defined as an implication of uncertainty that could potentially impact project goals, either positively or negatively. Opposite of hypothesis, which was that different stakeholders will prioritize risk sources differently, the findings suggest there is no significant discrepancy between the perceptions of different stakeholders about the sustainable project risks.