In construction projects, contractors have prioritized risks due to abandonment of operations and events, interruptions, time, and cost overruns. Construction hazards are linked to the ambiguity and unpredictability of the timely delivery of a project, with standard quality and within an allowable budget. The bid process is heavily reliant on economic considerations which include the exchange market, rate of interest and cost inflation for equipment and workforce. Project failure takes place if economic considerations have not complied for effective management of risks in construction. The research framework is founded on Organization Control Theory and focused on the PLS-SEM approach which addresses the effect of economic factors with moderating government regulatory procedures on the management of risks in construction within 303 large (higher than 250 workers) Saudi Arabian contractors. In the PLS-SEM approach, complicated models are effectively analyzed with higher statistical power. The findings show that economic factors and government regulatory procedures have a favorable impact on the management of risks in the Saudi Arabian development industry. Additionally, moderating government regulatory procedures has a favorable correlation to the management of risks in the Saudi Arabian construction sector. By addressing economic considerations, this study enables practitioners, experts and stakeholders involved in construction industries to conduct effective management of risks in the construction sector.

Traditional project management methods have been used for many years in the implementation and management of projects. With the publication of the agile manifesto in 2001, the interest in agile methods increased and successful results were obtained in the execution and solution of complex projects with agile approaches. Agile approach consists of different structures that can be named as framework or method. Among these agile methods, which are selected and applied according to the suitability and purpose of the project, the most frequently preferred one is SCRUM. In this study, SCRUM, an agile project management technique that has been used frequently in recent years in order to develop a flexible project management process, has been examined, and the effectiveness of the events of the SCRUM technique in minimizing the risks that arise in project management has been evaluated. Determining the effectiveness of these SCRUM events, which each agile project team implements in turn, is very important for the correct and effective allocation of resources. For this purpose, a multi-criteria decision-making model has been proposed to evaluate the effectiveness of 4 SCRUM events within the scope of this study. While the importance weights of the 24 project management risk factors proposed in the solution phase of the created model were determined by the SWARA method, the SCRUM events were evaluated with the WASPAS, COPRAS and EDAS methods and the solution values found by three different methods were compared.

In the domain of international construction projects, managing supply chains presents distinct challenges due to the intricate task of coordinating multiple stakeholders within diverse cultural, economic, and regulatory contexts. Prior research highlights the significance of incentive mechanisms and collaborative procurement practices, yet the effectiveness of these strategies in augmenting performance for international projects has not been extensively examined. This investigation explores the effects of financial and non-financial incentives on the performance of global construction projects, with a focus on the mediating role of cooperation. Data were gathered from Chinese international contractors and local suppliers and subsequently analyzed using Structural Equation Modeling. The results reveal two separate pathways of influence. Firstly, financial incentives exhibited substantial direct and indirect impacts on project performance; secondly, while non-financial incentives did not directly affect project performance, they significantly impacted cooperation levels, which in turn mediated the relationship between non-financial incentives and project performance. This study provides essential perspectives for managing international construction projects, emphasizing the critical need for the combined application of financial and non-financial incentives to foster cooperation and ultimately achieve superior project outcomes.

In this paper, the authors aim to analyse organisational intention and focus on hybrid project management (HPM) methodology adoption in FinTech system software development. It is important to ascertain the internal and external factors that affect organisational decision-makers’ intentions towards HPM adoption. This study aims to apply a theoretical approach integrating Technology-Organisation-Environment (TOE), which examines the factors that impact FinTech organisations’ decisions to adopt HPM into their software development projects, together with the Theory of Planned Behaviour (TPB) which examines the behavioural intention. It addresses those factors that form organisational decision-makers’ readiness for HPM implementation and enable their intention to use it. When combining the independent, dependent, and moderating variables, the results show that the effect of relative advantage, top management support, and industry pressure have a positive influence on individual’s attitude towards HPM adoption in FinTech Malaysia and sustainability in Quality 4.0. The authors also considered the influence of attitudes and perceived behavioural control variables having a positive influence on sustainable intention of HPM adoption in the FinTech industry. Partial Least Squares Structural Equation Modelling (PLS-SEM) was used to verify the proposed hypotheses, with the exception of the direct influence of top management support or attitude on intention to adopt.

The success of building construction projects in developing countries heavily relies on the specialized skills of artisans who are responsible for executing physical construction activities. However, the performance of these artisans depends on various influencing factors (IFs) that significantly affect their productivity and workmanship. This study aims to assess the impact of disregarding IFs on the performance of artisans in building construction projects in Tanzania. Using the individual performance theory, the study identifies the core IFs that influence artisans' performance and develops a structural equation modelling (SEM) to understand the inter-relationship between these IFs. The study collects data from 289 building construction projects through a non-probability technique and analyses it using SPSS-25 and AMOS-20. The study finds that the enforcement of IFs at construction sites by stakeholders in the construction industry is weak, which undermines the performance of artisans. Therefore, the study recommends that employers and supervisors should consider IFs during the construction process to achieve better results in terms of time, cost, and quality. The findings of this study can guide employers and supervisors in the construction industry to enhance the overall performance of building construction projects by improving the performance of artisans through ensuring that IFs are taken into consideration during the recruitment and construction process.

The time-cost optimization is amongst the most critical fields, which has an extensive range of implementation in project scheduling. Achieving a satisfactory balance between these factors can lead to an efficient construction project by reducing both the length of the project and costs at the same time. An effective balance can be achieved using various methods, depending on the situation. This study aims to incorporate the various algorithms used in the last 15 years to reach a satisfying balance between time and cost, including meta-heuristics, heuristics, and exact algorithms. A comprehensive view of the problems associated with time-cost optimization will be provided throughout this review to assist new and challenging researchers who are interested in this type of research. For this purpose, we have reviewed some objective functions and uncertainty techniques that could be employed in time-cost balancing problems. The literature review tables contain a variety of columns, including uncertainties such as fuzzy, probabilistic, interval, robust, and objective functions, along with cost and time, for the investigation of various types of balance issues. In the conclusion of this article, we will show the results of our literature review table using different types of graphic diagrams. For each main column of the table, we will show various types of diagrams to make the results easier to understand.

The paper aims to pinpoint and assess the perceived advantages and disadvantages of the Public-Private Partnership (PPP) for road development in India. Main PPP project contributors in Indian PPP road projects were polled via questionnaire. A literature review was used to select fifteen favourable characteristics and thirteen unfavourable factors for the questionnaire. Descriptive statistical analysis is used to analyze the data that was collected. The elimination of government financial restraints, project cost and time management, the reduction of government funds committed to capital investment, improved maintainability and accelerated project development are the key positive characteristics that draw PPP in Indian road projects. Excessive participation restrictions, protracted negotiating delays, ambiguity surrounding government objectives and evaluation standards, a lack of employment possibilities, and a lack of experience and the necessary skills make PPP undesirable. Both the public and private sectors can benefit from PPP in various ways. All sectors must make decisions based on proper assessment criteria during the project development stage. The decision-makers of PPP projects benefit early on from thoroughly understanding both positive and negative elements.

The industry has expressed significant concern regarding the issue of parallel machines and the influence of learning and deterioration. This research investigates non-identical parallel machine scheduling, taking into account the simultaneous consideration of learning effects, deterioration, and past-sequence-dependent setup times. Due to the existence of uncertain parameters in real-world scenarios, the processing times and due dates are assumed to be triangular fuzzy numbers. A fuzzy nonlinear mathematical model with two objective functions is presented and solved using the fuzzy Chance Constraint Programming approach. The two objectives are the summation of earliness and tardiness, as well as makespan. To achieve an efficient near-optimal Pareto front for the problem, a hybrid NSGA-II and VNS multi-objective meta-heuristic is proposed and the results are discussed. Finally, the augmented ε-constraint method is utilized to address issues with small dimensions. The computational analysis demonstrates the effectiveness of this proposed algorithm in tackling problems, especially those with substantial dimensions.

This bibliographical review gives us a clear and summarized analysis of the management tools for a water infrastructure construction project and, a tool that allows the management of water resources through the application of everything analyzed and compiled in scientific articles obtained from the Scopus database and after that it was analyzed using the VOSviewer tool, which has the complexity of analyzing a large amount of data. This analysis was carried out from the appearance of the first related investigations until the year 2023, analysis graphs were obtained from representative levels of the words “artificial intelligence”, “project management” of “construction” and “water” resource with greater interest in the analysis. The results obtained allowed us to understand the great variety of technological tools that are available today to be able to manage the construction of a project through artificial intelligence and its components that work together, likewise the application of these tools is carried out by countries as well as the United States. The United States and China are the ones that represent the greatest interest in these investigations, however this contribution is minimal to be able to generate effective solutions since each project presents its particular characteristics that technology has to adapt to. The future of these projects was also analyzed, such as the management of water resources through intelligent technologies that allow the preservation, care and maintenance of water resources, in addition to this, it is emphasized that worldwide there are already problems of droughts, lack of water resources and shortages of water in some countries. This research has the purpose of an overview for decision-making in the execution of the project at the water level and after the management of the water resource, it is important to apply these tools for their different advantages and carry it out to large-scale works in Peru subsidized by the Peruvian state since they are the most responsible for ensuring the care, maintenance and preservation of water resources.

In this paper, the authors proffer a novel mathematical model for the simultaneous optimization of facility location and network design in the presence of uncertainty, with the aim of minimizing operational and transportation costs. The proposed model constitutes a departure from conventional methods in its consideration of probable events in the real world and the incorporation of uncertainty assumptions into the mathematical framework. An algorithm based on simulated annealing is then advanced for the solution of the problem, and the performance of the algorithm is evaluated through comparison with exact methods for problems of modest size, as well as with a basic simulated annealing algorithm for larger problems. The results of these comparisons demonstrate the superiority of the proposed meta-heuristic algorithm. Finally, the robust approach is compared with four other approaches in the presence of uncertainty, with a thorough analysis of the results obtained from each of the methods conducted in a suite of sample problems.