Objective for evaluation | Risk group level 1 (Hidden risk cause variables) | Risks level 2 (Hypothesized risk variables) |
Delaying the construction progress | Risk from contracts (B1) | Unfair contract terms (b1.1) Uncertain and unclear contract terms (b1.2) Fixing the EPC contract price (b1.3) Second language contracts with misleading clauses (b1.4) |
Risk from politics and law (B2) | The relationship of investor, general contractor with the authority and relevant departments (b2.1) Regional political change (b2.2) Laws and regulations of the management agencies (b2.3) | |
Risk from technology (B3) | Technical design (b3.1) Negative survey data (b3.2) Construction drawings (b3.3) Inspection of technical and drawings design (3.4) | |
Risk from natural conditions and social environment (B4) | Geology, topography, and hydrography (b4.1) Ethnic groups and religions (b4.2) Transportation outside of the construction site (b4.3) Safety and security (b4.4) | |
Risk from economy (B5) | Finances of the investor (b5.1) Interest rate fluctuations (b5.2) Inflation (b5.3) Financial capacity of EPC general contractors (b5.4) | |
Risk from management (B6) | Poor progress management (b6.1) Construction projects monitoring team (b6.2) Poor quality work requiring repair (b6.3) Construction safety (b6.4) Inharmonious management among the EPC general contractors (b6.5) | |
Risk from EPC general contractors (B7) | Purchasing materials, supplies, equipment and machines (b7.1) Difficulties with subcontractors (b7.2) Equipment installation and commissioning (b7.3) Poor construction from the EPC general contractors (b7.4) | |
Consequences of the risk factors (B8) | Prolong the construction progress (b8.1) Increase in construction costs (b8.2) |