Risk Analysis for Construction Contractors in Egypt and Yemen
Abstract
Abstract. Usually, construction industry exposed for many of the risks that may affect the quality of execution and duration of the projects. This paper will discuss the key risk factors that affect the construction contractors in the Arab Republic of Egypt and the Republic of Yemen during a field study that included 108 contractors in Egypt, in addition to 124 contractors in Yemen. The contractors, distributed on five categories saluting, were surveyed by the study and their views on the most important risks that they are exposed to were recorded. Then Contractors’ answers were introduced to a statistical analysis program (SPSS) taking into account the statistical measures adopted .The study concluded that the main risk factors faced by construction companies in Egypt and Yemen were somewhat close and may be reported as follows1-Losses due to war, civil disorder, revolutions.....etc.2-Financial risks including: (Losses due to inflation, cost overrun, delay in progress payment by owner, Devaluation and varying rate of exchange, Cost overrun due to planning estimation.)