Assessing The Impact of Stakeholders’ Interaction on The Efficiency of Managing Risk in Construction Projects A Literature Review

Document Type : Original Article

Authors

1 Master’s candidate, Faculty of Engineering, Architecture Department, Ain Shams University, Cairo, Egypt

2 Professor, Faculty of Engineering, Architecture Department, Ain Shams University, Cairo, Egypt

3 Professor, Faculty of Engineering, Architecture Department, Ain Shams University, British University, Cairo, Egypt

Abstract

Construction projects attract attention from different types of stakeholders who express their needs and expectations about the project. their needs often conflict with each other, and it is unlikely all of them can be achieved. According to several published papers, Construction projects are constantly faced with complicated stakeholder issues, such as the conflict between project team members such as clients and contractors as well as protests from external parties such as the affected community and despite the importance of risk and stakeholder management in construction projects, there are still many project failures due to poor risk and stakeholder management. During the last few years, many authors discussed the importance of stakeholders in projects and concluded that stakeholder management has become an important soft skill in managing projects. A poor perception among stakeholders can impede a construction project significantly. Inadequate management of stakeholders' concerns frequently leads to conflicts and controversies over the building project's implementation. Many authors introduced stakeholders to project management by focusing on the importance of stakeholder identification, analysis and classification. This paper aims at offering a comprehensive overview of the assessment of the impact of stakeholders’ interaction in construction through reviewing extant literature sources during the period from 2000 to 2020. literature sources discussed the topics of this study that can be categorized as follows: Stakeholder Theory (22 research), Stakeholder Impact Analysis (27 research), Stakeholders Related risks (24 research), Stakeholder Interaction (19 research). Topics discussed included Definitions of Stakeholders, Classification of Stakeholders, Tools for Analyzing Stakeholders, Risk Definitions, Risks Associated
Stakeholders and The Complex Interaction of Stakeholders in Construction Projects. (As for the findings of this paper) The findings of this paper took the form of analysis of the interaction of stakeholders and the main risks associated with them in construction projects

Keywords