Interlinkage between Integration Management, Risk Factors, and Project Management Performance in the Construction Industry of UAE

Authors

DOI:

https://doi.org/10.56294/sctconf20241162

Keywords:

Integration management, risk factors, project performance, construction industry, UAE

Abstract

Introduction: The key purpose of the present study was to investigate the role of integration management, technical risk, social risk, and project management risk in determining the performance of United Arab Emirates’ (UAE) construction sector, grounded in the theoretical foundations of agency theory and resource-based view (RBV).
Methods: Data was collected through a survey questionnaire from various respondents linked with the UAE construction industry. A final valid sample of 288 respondents was utilized for both descriptive and inferential statistics. Measurement model and structural model assessments were conducted using Smart PLS.
Results: The study findings showed a significant positive impact of integration management on project management performance within the construction sector. Conversely, technical risk and project management risk were found to be adversely and significantly linked with project performance.
Conclusions: For achieving peak performance in the construction industry, project managers and related individuals need to mitigate the adverse impacts of the identified risk factors. Additionally, promoting integration across different functional departments and project-related activities can enhance project management performance. The study also discusses meaningful policy implications, future research directions, and limitations.

References

[1] Cunningham, J., Salomone, J., & Wielgus, N. (2015). Project management leadership style: A team member perspective. International Journal of Global Business, 8(2).

[2] PMI, 2021 www.pmi.org

[3] Al-Hajj, A., & Sayers, A. (2014). Project management performance in the UAE construction industry. In Computing in Civil and Building Engineering (2014) (pp. 1530-1537).

[4] Banihashemi, S., Hosseini, M. R., Golizadeh, H., & Sankaran, S. (2017). Critical success factors (CSFs) for integration of sustainability into construction project management practices in developing countries. International Journal of Project Management, 35(6), 1103-1119.

[5] Radujković, M., & Sjekavica, M. (2017). Project management success factors. Procedia engineering, 196, 607-615.

[6] Sanchez, O. P., & Terlizzi, M. A. (2017). Cost and time project management success factors for information systems development projects. International Journal of Project Management, 35(8), 1608-1626.

[7] Vrchota, J., Řehoř, P., Maříková, M., & Pech, M. (2021). Critical Success Factors of the Project Management in Relation to Industry 4.0 for Sustainability of Projects. Sustainability, 13(1), 281.

[8] Tah, J., & Carr, V. (2001). Towards a framework for project risk knowledge management in the construction supply chain. Advances in Engineering Software, 32(10-11), 835-846.

[9] Adedokun, O. A., Aje, I. O., & Agboola, O. J. (2019). INVESTIGATION INTO THE SEVERITY OF FACTORS PREDISPOSING CONSTRUCTION PROJECTS TO RISKS IN NIGERIA. Journal of Building Performance ISSN, 10(1), 2019.

[10] Okakpu, A., Ghaffarianhoseini, A., Tookey, J., Haar, J., Ghaffarianhoseini, A., & Rehman, A. U. (2020). Risk factors that influence adoption of Building Information Modelling (BIM) for refurbishment of complex building projects: stakeholders perceptions. International Journal of Construction Management, 1-13.

[11] Kassem, M., Khoiry, M. A., & Hamzah, N. (2021a). Theoretical review on critical risk factors in oil and gas construction projects in Yemen. Engineering, Construction and Architectural Management, 28(4), 934-968. doi:10.1108/ECAM-03-2019-0123

[12] Antwi-Afari, M. F., & Li, H. (2018). Fall risk assessment of construction workers based on biomechanical gait stability parameters using wearable insole pressure system. Advanced Engineering Informatics, 38, 683-694.

[13] Dikmen, I., Birgonul, M. T., & Han, S. (2007). Using fuzzy risk assessment to rate cost overrun risk in international construction projects. International Journal of Project Management, 25(5), 494-505.

[14] Abd El-Karim, M. S. B. A., Mosa El Nawawy, O. A., & Abdel-Alim, A. M. (2017). Identification and assessment of risk factors affecting construction projects. HBRC journal, 13(2), 202-216.

[15] Demirkesen, S., & Ozorhon, B. (2017a). Impact of integration management on construction project management performance. International Journal of Project Management, 35(8), 1639-1654.

[16] Sicotte, H., & Langley, A. (2000). Integration mechanisms and R&D project performance. Journal of Engineering and Technology Management, 17(1), 1-37.

[17] De Almeida, N. M., Sousa, V., Alves Dias, L., & Branco, F. A. (2015). Managing the technical risk of performance-based building structures. Journal of Civil Engineering Management, 21(3), 384-394.

[18] Lewis, T. L. (2010). Quantitative approach to technical performance measurement and technical risk analysis utilizing Bayesian methods and Monte Carlo simulation. The George Washington University.

[19] Chen, J. V., Widjaja, A. E., & Chen, B. (2017a). The relationships among environmental turbulence and socio-technical risk factors affecting project risks and performance in NPD project teams. International Journal of Sociotechnology Knowledge Development, 9(2), 17-36.

[20] Joynt Maddox, K. E., Reidhead, M., Hu, J., Kind, A. J., Zaslavsky, A. M., Nagasako, E. M., & Nerenz, D. R. (2019). Adjusting for social risk factors impacts performance and penalties in the hospital readmissions reduction program. Health services research, 54(2), 327-336.

[21] Kamran, H. W., Rafiq, M., Abudaqa, A., & Amin, A. (2024). Interconnecting sustainable development goals 7 and 13: the role of renewable energy innovations towards combating the climate change. Environmental Technology, 45(17), 3439–3455.

[22] Abudaqa, A., Alzahmi, R. A., Hilmi, M. F., & AlMujaini, H. (2023). Impact of job security, career advancement and employee participation on employee engagement in oil and gas industry,UAE. Universidad Y Sociedad, 15(3), 26–36. Recuperado a partir de https://rus.ucf.edu.cu/index.php/rus/article/view/3698

[23]Chakroun, S., Ben Amar, A. and Ben Amar, A. (2022), "Earnings management, financial performance and the moderating effect of corporate social responsibility: evidence from France", Management Research Review, Vol. 45 No. 3, pp. 331-362. https://doi.org/10.1108/MRR-02-2021-0126

[24] Rabechini Junior, R., & Monteiro de Carvalho, M. (2013). Understanding the impact of project risk management on project performance: An empirical study. Journal of technology management innovation, 8, 6-6.

[25] Wallace, L., Keil, M., & Rai, A. (2004). How software project risk affects project performance: An investigation of the dimensions of risk and an exploratory model. Decision sciences, 35(2), 289-321.

[26] Khameneh, A.-H., Taheri, A., & Ershadi, M. (2016). Offering a Framework for Evaluating the Performance of Project Risk Management System. Procedia - Social and Behavioral Sciences, 226, 82-90.

[27] Raz, T., & Michael, E. (2001). Use and benefits of tools for project risk management. International Journal of Project Management, 19(1), 9-17. doi:https://doi.org/10.1016/S0263-7863(99)00036-8

[28] Jensen, M. C., & Meckling, W. H. (1976). Theory of the firm: Managerial behavior, agency costs and ownership structure. Journal of Financial Economics, 3(4), 305-360.

[29] Panda, B., & Leepsa, N. M. (2017). Agency theory: Review of Theory and Evidence on Problems and Perspectives. Indian journal of corporate governance, 10(1), 74-95. doi:10.1177/0974686217701467

[30] Ronen, J., & Kashi, R. (1995). Agency theory: An approach to incentive problems in management accounting. Asian Review of Accounting.

[31] Fama, E. F., & Jensen, M. C. (1983). Agency problems and residual claims. The Journal of Law Economics, 26(2), 327-349.

[32] Hammond, T. H., & Knott, J. H. (1996). Who controls the bureaucracy?: Presidential power, congressional dominance, legal constraints, and bureaucratic autonomy in a model of multi-institutional policy-making. The Journal of Law, Economics, Organization, 12(1), 119-166.

[33] Bergen, M., Dutta, S., & Walker Jr, O. C. (1992). Agency relationships in marketing: A review of the implications and applications of agency and related theories. Journal of marketing, 56(3), 1-24.

[34] Kosnik, R. D., & Bettenhausen, K. L. (1992). Agency theory and the motivational effect of management compensation: An experimental contingency study. Group Organization Management, 17(3), 309-330.

[35] Gitman, L. J., Juchau, R., & Flanagan, J. (2015). Principles of managerial finance: Pearson Higher Education AU.

[36] Alankar, A., Blaustein, P., & Scholes, M. S. (2013). The cost of constraints: Risk management, agency theory and asset prices.

[37] Anilkumar, D., & Samiyya, N. (2013). Refining Measure of Central Tendency and Dispersion. IOSR Journal Of Mathematics, 6(1), 1-4.

[38] Chakrabarty, D. (2021). Model Describing Central Tendency of Data. International Journal of Advanced Research in Science, Engineering Technology, 8, 18193-18201.

[39] Abudaqa A, Alzahmi R, Hilmi MF, Ahmed G. How supply chain resilience is achieved in SMEs of Dubai, UAE? Considering the flexible supply chain practices as a mediator. International Journal of Logistics Systems and Management. 2023;45(2):159-174. doi: 10.1504/ijlsm.2023.131420

[40] Abudaqa, Anas, Al Nuaimi, Seena, Buhazzaa, Hayfa, and Sumaya Al Hosani. "Examining the Significance of Internal Mobility Hiring in Determining the Individual Vs Organizational Outcomes: An Empirical Investigation from ADNOC FURSA Platform During Recent Pandemic of COVID-19." Paper presented at the Abu Dhabi International Petroleum Exhibition & Conference, Abu Dhabi, UAE, November 2021. doi: https://doi.org/10.2118/207535-MS

[41] Schwalbe, K. (2015). Information technology project management: Cengage Learning.

[42] Osipova, E. (2015b). Establishing cooperative relationships and joint risk management in construction projects: Agency theory perspective. Journal of management in engineering, 31(6), 05014026.

Downloads

Published

2024-08-22

How to Cite

1.
Abudaqqa R, Ab-Samat H. Interlinkage between Integration Management, Risk Factors, and Project Management Performance in the Construction Industry of UAE. Salud, Ciencia y Tecnología - Serie de Conferencias [Internet]. 2024 Aug. 22 [cited 2024 Nov. 21];3:.1139. Available from: https://conferencias.ageditor.ar/index.php/sctconf/article/view/1139