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Arora, R (1997) Role and influence of emerging social dynamics in decisions on investment opportunities in construction industry, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Bhattacharya, S (2011) Enablers of growth for construction companies in India: a strategic approach, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Chaphalkar, N B (2007) Expert system for resolution of delay claims in construction contracts, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Deshpande, S D (1988) Some facility planning techniques for construction site layouts, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Jayesh, M P (2020) Inter-state migration for employment in India: a study on construction workers in Kerala, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Jha, K N (2004) Factors for the success of a construction project: empirical study, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Johari, S (2021) Effect of socioemotional cognitive, and technical competencies of workers on construction labor productivity, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Kar, S (2021) Developing a decision support system for effective material management in construction, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Karimi, Z (2016) Construction project performance metrics: conceptualization, measurement and application in metro rail, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Kuldip, C (1989) OR applications in strategic sector constructions with capital budgeting, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Kulshrestha, M (1997) Total Value Control in Construction through Multiple Criteria Decision Making (MCDM), Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Kumar, R (2020) Risk management framework for construction projects aligned to actualities, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Kumar, S V (2019) Identification and modelling of risk factors, mitigation measures, and entry strategies for Indian construction firms in international markets, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
- Type: Thesis
- Keywords: construction sector; market; construction firms; construction project; developing countries; internationalization; markets; project success; risk management; India; factor analysis; project performance; structural equation modelling; questionnaire survey
- ISBN/ISSN:
- URL: http://eprint.iitd.ac.in/handle/2074/8382
- Abstract:
International construction projects comprise many risks, and it is essential to evaluate and manage them effectively for achieving project success. As the approach towards addressing risks in international market varies from country to country, this study has focused on identifying critical risk factors, risk mitigation measures and their influence on project performance criteria in international construction projects based on Indian experiences. To achieve this, 26 risk variables and nine risk mitigation measures were identified through a literature review. After verifying the risk variables and mitigation measures with a preliminary study, a questionnaire survey was conducted to draw the views of 105 experts who possess international project experience. The collected data were analysed using univariate and multivariate techniques. Through ANOVA, significant risk variables influencing the different project performance criteria were identified for international construction projects. Subsequently, these risk variables were grouped based on their underlying relation called (called “risk factors”) factors using factor analysis. Further, a stepwise regression analysis was carried out to recognise the critical risk factors that influence different project performance criteria. In order to examine the risk mitigation measures and their influence on project performance criteria and the identified risk factors, hypothesised models were generated and examined using structural equation modelling (SEM) and the conclusions were drawn. In addition to effective risk management, a suitable market strategy is a key element in the internationalisation of firms. Though studies on international market strategy have been widely carried out in the past for manufacturing, banking, and other sectors, there has been little attention towards the construction industry, particularly for firms from developing countries like India. Two prime aspects of the international market strategy are market selection and entry modes. In this study, an attempt was made to identify the important factors that influence the international market selection by examining the market entry choices of 29 international construction firms of Indian origin across 106 countries. To achieve this, a total of six hypotheses were developed and tested on the basis of the predictive capacity of the logistic regression analysis. Similar to market selection, entry mode selection is one of the critical decisions in construction firms’ international market entry strategies. In the course of internationalization, rather than focusing on a single-entry mode, it is essential for entrants to syndicate or sequence various entry modes to ensure their sustainable growth. In this study, after verifying the nine most commonly adopted international entry modes in the construction sector, an entry mode sequencing model is developed by drawing on experts’ opinions and using the interpretative structural modelling (ISM) method. In addition, an impact matrix cross-reference multiplication applied to a classification (MICMAC) analysis is performed to identify the interrelationships of the entry modes by examining the dependency and driving power of these modes. Lastly, a framework for the firms to select a potential developing infrastructure market is presented based on the host country’s factors, which can be valuable information for the practitioners and international market aspirants.
Kumar, V S S (1993) Application of fuzzy set theory in construction management, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Maddah, R (2019) An analysis of risks faced by foreign construction firms in India and their effect on project performance, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Mathur, R N (1986) Perception of quality of working life and the related factors: a study of women workers in construction industry, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Mujumdar, P (2017) Modeling design interdependency and iteration for multiple two-way information exchanges in construction projects, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Padala, S P S (2020) Matrix-based framework for modeling changes across multiple entity types in construction projects, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Pandey, P (2019) Lean scheduling in construction projects: realistic milestone planning, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Panwar, A (2019) Development of a many-objective model based on NSGA-III for construction projects, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Patel, D A (2015) Estimating the number of fatal accidents and investigating the determinants of safety performance in indian construction, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Patil, S K (2016) Determining influencing factors and predicting dispute outcome of variation claims in Indian construction contracts/ by Smita Krishnarao Patil, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Sharma, R (1998) Organizational role stress:focus on executives of construction industry, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Sinesilassie, E G (2017) Determinants of success of public construction projects in Ethiopia, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Sundaram, T K (1989) Contract management: a rational approach to construction contract pricing, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Tabish, S Z S (2011) Critical success factors and fair performance in public construction projects, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Tripathi, K K (2018) Critical success factors for construction organizations in India, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.