Open AccessAssessment of the impact of destabilizing factors on implementation of investment and construction projects
Author(s) -
Azariy Lapidus,
Ivan Abramov,
Zaid Ali Kadhim AlZaidi
Publication year - 2020
Publication title -
iop conference series. materials science and engineering
Language(s) - English
Resource type - Journals
eISSN - 1757-899X
pISSN - 1757-8981
DOI - 10.1088/1757-899x/951/1/012028
Subject(s) - investment (military) , order (exchange) , business , quality (philosophy) , construction industry , process (computing) , product (mathematics) , production (economics) , set (abstract data type) , operations management , cost overrun , affect (linguistics) , risk analysis (engineering) , marketing , process management , engineering , computer science , finance , economics , construction engineering , mathematics , philosophy , linguistics , geometry , epistemology , politics , political science , law , macroeconomics , programming language , operating system
Among the distinctive features of construction projects, it should be noted the complexity and specificity of the final product in the form of buildings and structures for various purposes. Investment construction projects are affected by a large number of destabilizing factors at all stages of implementation. These factors negatively affect the final indicators of the construction investment project: failure to meet deadlines, the likelihood of construction in progress, increased cost, low quality. In this regard, conducting research on the study of destabilizing factors affecting the production activities of construction company during the implementation of investment projects is relevant in difficult times for the construction industry. Construction industry, as a complex, dynamically changing system, susceptibility to various destabilizing factors, requires a constant readiness to achieve the set goals and the final result at each stage of their life cycle. This article discusses the destabilizing factors that arise during the implementation phase of an investment construction project. In order to identify and classify the negative factors that may be encountered participants construction activity, it was prepared a questionnaire for the experts who have the necessary experience in the construction industry. Based on the polls conducted, destabilizing factors were identified and ranked. Statistical methods were used to evaluate the factors studied and determine their significance and impact on the project activities. The results of the study showed that financial, technical and labor factors have a significant impact on the construction process, therefore, special attention should be paid to the development of organizational and technological measures to prevent them. This will eliminate or minimize the influence of these factors on the production activities of construction company.