Confined site construction

Spillane, John P.; Oyedele, Lukumon O.; Meding, Jason von

doi:10.1108/17260531211274747

Cited by 6 publications

(2 citation statements)

References 45 publications

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“…Significance indexing is a quantitative technique, which ranks all criteria from the survey based on their relative significance value. Similar to the approached used by Spillane et al (2012) and Tam et al (2000), the SI ratings for the 22 criteria were arrived at using a simple mathematical equation expressed as follows:…”

Section: Quantitative Data Analysismentioning

confidence: 99%

Public private partnerships (PPP) in the developing world: mitigating financiers’ risks

Owolabi

Oyedele

Alaka

et al. 2019

WJSTSD

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A major challenge for foreign lenders in financing PPP infrastructure projects in an emerging 4 market is the bankability of country-related risks. Despite existing studies on country risks in 5 international project financing, perspectives of foreign financiers on bankability of country-6 specific risks in an emerging market is yet to be explored. Hence, using a mixed methodology 7 approach to research, three PFI/PPP projects in Sub Saharan Africa (Nigeria) were used to 8 investigate the bankability requirements for political risk, sponsor, concession and legal risks 9 in PPP loan applications. Focus group discussions and loan documentations obtained from 10 foreign project financiers with experience in PPP financing in Nigeria were used as sources 11 of evidence. Results identified 22 bankability criteria for evaluating country-related risks 12 (political risk, sponsor, concession and legal risks). These criteria were later put in a 13 questionnaire survey to local and international project financiers with experiences in PPPs 14 within Nigerian. Reliability analysis and significance index ranking were carried out. The 15 significance index ranking helped ascertain the top 7 criteria influencing bankability of 16 country-specific risks in emerging market PPPs. A conceptual "Risk and Bankability 17 Framework" was then constructed from the findings and validated with new data from other 18 PPP financiers in emerging markets. The proposed conceptual framework represents critical 19 parameters for winning foreign financiers' approval for PPP loan applications from emerging 20 market.

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Section: Quantitative Data Analysismentioning

confidence: 99%

Public private partnerships (PPP) in the developing world: mitigating financiers’ risks

Owolabi

Oyedele

Alaka

et al. 2019

WJSTSD

View full text Add to dashboard Cite

show abstract

“…After the reliability analysis, this study was interested to know the significance ranking of each criterion. A significance index used by similar studies of Tam et al (2000) and Spillane et al (2012) was used. This is mathematically expressed as:…”

Section: Public Sector Guaranteesmentioning

confidence: 99%

Stimulating the attractiveness of PFI/PPPs using public sector guarantees

Owolabi

Oyedele

Alaka

et al. 2019

WJEMSD

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Purpose Although the UK Guarantee Scheme for Infrastructures (UKGSI) was introduced in 2012 to address the huge financing gap for critical infrastructures, PFI sponsors have so far guaranteed only few projects. Many stakeholders in the project finance industry have blamed this situation on lack of general understanding of strategies for harnessing the benefits of the government guarantee scheme. The purpose of this paper is to investigate the perspectives of UK’s PFI/PPP stakeholders on critical factors influencing approval for government guarantees using the UKGSI as a focal point. Design/methodology/approach Using a mixed methodology approach, this study identified 26 important criteria used in evaluating government guarantee applications through focus group discussions with PFI stakeholders. The identified criteria were then put in questionnaire survey to 195 respondents within the UK PFI/PPP industry. Findings Through factor analysis, five critical factors determining successful government guarantee application were unravelled. These include: compliance with UK National Infrastructure Plan; demonstration of project bankability and risk management; value for money; proof of projects’ dependence on government guarantee; and certainty of planning commission’s approval. Originality/value Results of this study will facilitate an in-depth understanding of critical factors necessary for accessing government guarantee scheme for PFI/PPPs, while also improving the bankability of potential PFI projects.

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Rating the significance of the factors influencing shortage of skilled labours for sustainable construction: a perception of Makkah construction practitioner

Alshahrani

Alaboud

Leje

et al. 2023

J. Umm Al-Qura Univ. Eng.Archit.

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The construction industry is one of the main economic sectors that contribute significantly to social and economic development. However, the lack of skilled labour is one of the factors affecting the success of projects in the construction industry. Skilled labours are the potential for enhancing overall delivery of construction projects to achieve sustainability. Building and construction industry in Makkah has continued to respond to shortages of skilled labours. Hence, the purpose of this study is to evaluate the importance of factors influencing the shortage of skilled labours from the perceptions of construction practitioners. In order to achieve the aims and objectives of this study, the quantitative descriptive method was adopted for this research study, and data for this study was collected through a stratified random sample of construction practitioners in Makkah. Data were first analysed by way of Analysis of Variance (ANOVA), followed by Relative Importance Index (RII) for ranking comparison among the construction practitioners. The results of RII indicates that the significant factors influencing the shortage of skilled labours in Makkah include delay in salary payment, low wages structure, lack of motivation system, health and safety issues on construction sites, lack of job security, bad relations between skilled labours and management team, poor living conditions, Slow recruitment of skilled labours, restricted government regulations, and exposure of climate conditions. The findings revealed that the factors rated are required for organisational performances which are essential in achieving sustainable building and construction in Makkah.

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Confined site construction

Cited by 6 publications

References 45 publications

Public private partnerships (PPP) in the developing world: mitigating financiers’ risks

Public private partnerships (PPP) in the developing world: mitigating financiers’ risks

Stimulating the attractiveness of PFI/PPPs using public sector guarantees

Rating the significance of the factors influencing shortage of skilled labours for sustainable construction: a perception of Makkah construction practitioner

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