Factors Affecting the Need for Feasibility Analysis (For Local Construction Projects)

Abstract

In Pakistan, the majority of the local construction projects are opted without feasibility analysis on the basis of previously worked data without examining the current scenario. However, for foreign-funded project feasibility analysis along with standard guidelines is conducted, but in case of domestically funded projects, it is often omitted. This research has uncovered critical factors affecting feasibility for the local construction industry of Pakistan. Field data are extracted from ongoing construction projects which are domestically funded. Relative Importance Index (RII) analysis was carried out first to rank the factors in terms of their perceived importance. Spearman’s rank correlation analysis was also done in this regard. The findings of the study might promote construction practitioners to focus on the need for feasibility analysis for local projects too.

Authors and Affiliations

Muneer Anees, Syed Mustafa Hussain, Kamran Khan, Agha Taqi Abbas

Keywords

Related Articles

Efficient AES-XTS Pipelined Implementation on FPGA

In past years, it has been considered that only data communicated via networks need to be secured. This paradigm now shifted towards securing data at rest. With its increasing significance, IEEE has introduced a mode of...

Implementation of Fruit Grading & Sorting Station Using Digital Image Processing Techniques

No doubt that today's technology has approximately solved many common as well as complex issues. Engineers and researchers are always in the quest for the best, brief and efficient methods to cope up the real world probl...

Impact of Sales Force Automation System on Performance of Salesman: Pakistani Companies’ Perspective

Rapid growth in advance technologies has changed the life of sales force. Sales Force Automation (SFA) is marketing tool which provides the functions to sales team and managers to monitor sales, forecast sales and analyz...

AUGMENTING WALKABILITY, VISIBILITY AND ARRANGEMENT FOR KOREAN ICU

Abstract—Clinical teams are facing increasing demands to perform more consistently and efficiently in delivering improved health outcomes. Hospital management team in Korea face difficulties in complex routine task for n...

Loss Analysis in Optical Fiber Transmission

Most of telecommunication traffic (voice and data) around the globe is carried over the optical fiber cable. The international traffic through various countries is carried over optical fiber cables laid under the sea. Si...

Download PDF file
  • EP ID EP432875
  • DOI -
  • Views 152
  • Downloads 0

How To Cite

Muneer Anees, Syed Mustafa Hussain, Kamran Khan, Agha Taqi Abbas (2018). Factors Affecting the Need for Feasibility Analysis (For Local Construction Projects). Sir Syed University Reseacrh Journal of Engineering and Technology, 8(), 18-22. https://europub.co.uk/articles/-A-432875