Value management of the risks for the implementation of fast-tracking (SDFT)‎ construction projects

Abstract EN

Purpose: The purpose of this paper is todefine and analyse the factors of risks, which have bad
impact on fast track project's goals in Egypt (cost, Quality, time ), by using value and risk
analysis's strategies together.

Design/methodology/approach: This research used three technique to collect data, the first on is
a comprehensive questionnaire survey, the second one is interviews, and the third one is a
brainstorming session with major construction project stakeholders.

Then research used
qualitative technique to analysis their responses to find the most critical risks, and value
strategies to make alternative solution which help stakeholders to deal with risks and achieve
project's cost, time and Quality
Findings: The findings lead to the conclusion that there is a need to develop management
system, which combine between value management and risk management, to help stakeholders to
make the right decision as early as possible to deal with risks.

In addition, the results showed that
there are common and critical risks, which must take care about it from the first stage in fast
track`1 construction in Egypt to suggest pervious alternative solutions to save project's value and
goals.

Originality/value: The paper identifies current fast track project's risks in Egypt and
presents alternative solutions, which can help stakeholders to overcome them.