RISK ANALYSIS FOR THE MAJOR FACTORS AFFECTING THE CONSTRUCTION INDUSTRY IN JORDAN

This study investigated the major risk factors influencing the upper three classes of the Jordanian construction industry companies undertaking the majority of the projects. Administrative, financial, resources, manpower, and technical problems were investigated. Two questionnaires were conducted for the three construction company classes; one to evaluate risk factors and the other to suggest solutions. The study dealt with each company class independently, analysing the individual and general comments that were suggested for each risk category. A score for each risk was derived. Appropriate solutions for the highest ranked major risks were suggested. Statistical analysis was carried out using SPSS. Analysis revealed that some of the negligible issues could be key project success factors. Financial support was the major concern for all companies indicating that project progress is highly dependent on progress of payments