Global Perception of Sustainable Construction Project Risks

Rafindadi, Aminu Darda’u; Mikić, Miljan; Kovačić, Iva; Cekić, Zoran

doi:10.1016/j.sbspro.2014.03.051

Cited by 54 publications

(47 citation statements)

References 31 publications

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“…Williams and Dair (2007) report the most commonly cited barriers to achieving sustainability as (i) sustainability measures not being considered by stakeholders; (ii) sustainability measures costing too much, and (iii) a lack of adequate, reliable and available sustainable products or equipment. One of the reasons that stakeholders lack of interest could be due to their perception of sustainable construction project risks (Rafindadi, et al 2014, with perceived risks specific to commercial projects explored in Hwang et al 2017). Shen et al (2010) indicate the relevance of incorporating sustainable development principles when conducting project feasibility studies, but warn that the importance of incorporating such principles and insufficient examination of project performance during the project feasibility study was not effectively understood by stakeholders.…”

Section: Obstacles To Practicing Sustainable Constructionmentioning

confidence: 99%

An evaluation of sustainable construction perceptions and practices in Singapore

Yin

Laing

Leon

et al. 2018

Sustainable Cities and Society

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Section: Obstacles To Practicing Sustainable Constructionmentioning

confidence: 99%

An evaluation of sustainable construction perceptions and practices in Singapore

Yin

Laing

Leon

et al. 2018

Sustainable Cities and Society

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“…Sustainable construction is fundamentally different than traditional construction [30]. The purpose of sustainable construction is to create and operate a building based on core principles across the building's life cycle.…”

Section: Introductionmentioning

confidence: 99%

Sustainable Construction Risk Perceptions in the Kuwaiti Construction Industry

Ismael

Shealy

2018

Sustainability

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Sustainable construction is fundamentally different than traditional construction because it requires whole systems thinking, early collaboration across stakeholders, and core principles like reducing resource consumption, eliminating toxins, and applying life cycle costing. Construction professionals unfamiliar with this mindset and approach may perceive sustainable construction as risky. One of the global regions in need of more sustainable construction is the Middle Eastern and North African (MENA) region. The MENA region is one of the fastest developing in the world. However, it is the slowest one in implementing sustainable construction practices. Kuwait, in particular, contributes 53% more carbon emissions per capita than the United States. To understand how the Kuwaiti construction industry perceives risks associated with more sustainable construction, a survey was developed with 52 risk elements in which 131 industry professionals responded. The results indicate that industry professionals perceive a lack of public awareness as the risk element with the highest probability of occurrence. The risk element with the highest possible negative impact on future projects is designers' and contractors' inexperience with sustainable construction. Other risks were found to include a high initial cost for materials and overall project costs. Educational interventions, changes in risk allocation, and behavioral science to reframe upfront costs as long-term savings are offered as possible solutions.

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“…Therefore, lending institutions are hesitant to contribute with 388 more debt leverage to the capital structure of a project. This higher level of risk is 389 associated with an increased level of uncertainty and complexity related to larger projects 390 with long construction durations (Rafindadi et al, 2014). 391…”

Section: Interpretation Of the Results 360mentioning

confidence: 99%