Abstract

The analysis of the root cause techniques is a reasonable option to be made to assess the root causes of the funding of construction projects. There are a variety of issues related to financing in construction industries in Iraq. The root,cause analysis is the impact of security and social conditions on financial funding. Variety tools of root cause analysis have originated from literature, as common methods for the detection of root causes. The purpose of this study was to identify and diagnose causes that lead to obstruction of financial funding in the construction projects in the republic of Iraq from the contractors' point of view and their interaction with a number of variables. The study diagnosed nine causes of financial funding in construction projects in Iraq. They are Pareto,Diagram (PD), and the Five Why, Analysis. It is found that the reasons (the organization's or the contracting company's reputation, the effect of expertise and skill of the organization or contracting company in obtaining finance & the impact of security and social conditions on the financial funding), came of degree important. In comparison, other reasons came of degree, average important.

Highlights

  • The construction sector in Iraq is facing a variety of challenges problems in financial funding of construction, projects

  • Major findings can be summarized as follows: (1) To diagnose the causes of the financing of construction projects in Iraq, the root cause was used in this study

  • Root cause identification is a necessary step in the improvement and control of financial funding

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Summary

Introduction

The construction sector in Iraq is facing a variety of challenges problems in financial funding of construction, projects. The purpose of this study was to identify and diagnose causes that lead to obstruction of financial funding in the construction projects in the republic of Iraq from the contractors' point of view and their interaction with a number of variables. The goals of this study can be summarized, as well as the following: (1) Recognizing the financing causes in the construction project. (3) Providing logical solutions that help to provide financing supports in construction projects in Iraq. (1) Providing a true perspective for stakeholders (project managers, contractors, vendors, and owners) that are facing a problem in the application of funding support for contract companies and construction projects and; (2) Attempting to resolve the obstacles, and reduce the problem, (3) Allowing the decision-makers in the contract companies to receive maximum funding help.

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