Risk Management and Delay Mitigation in Construction Projects: A Comprehensive Literature Review

Civil Engineering

The construction industry is characterized by complex project environments, multiple stakeholders, and inherent risks that contribute to delays, cost overruns, and productivity challenges. This literature review synthesizes existing research on key factors influencing construction project performance, including poor site management, labor shortages, ineffective risk management, and emerging technological advancements. Studies highlight various approaches to mitigating these issues, such as risk maturity models, machine learning applications, and proactive risk identification frameworks. Furthermore, the role of Building Information Modelling (BIM), stakeholder collaboration, and strategic planning in improving construction efficiency is examined. By analyzing a range of methodologies and risk mitigation strategies, this review provides valuable insights for researchers, policymakers, and industry professionals. The findings emphasize the importance of data-driven decision-making, structured risk management, and innovative technologies in reducing delays and enhancing overall project success. Future research should focus on refining existing frameworks and integrating emerging technologies to further strengthen risk management practices in the construction sector.

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