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Risk Analysis for Mega Shopping Mall Projects in Egypt



Author(s)

Samer Ezeldin and Hesham H. Ibrahim

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DOI:10.17265/1934-7359/2015.06.002

Department of Construction and Architectural Engineering, American University of Caro, New Cairo 11835, Egypt

Mega shopping mall projects have seen dramatic growth and great development in recent years in Egypt. Many new mega shopping mall projects are under construction and expecting to start working in the few coming years. In the absence of researches studying the Egyptian mega shopping mall projects, this study tries to highlight the most critical risks that face these projects and the associated most effective response methods to be employed. The scope covers the analysis from different perspectives by including owners/developers, designers, consultants, project managers, and contractors that have previous experience in large-scale projects such as shopping mall projects. In this study, 30 construction project risks are classified into six main categories according to their type and 150 risk mitigation/elimination measures are introduced to overcome the impact of risks under each of these risk categories. The results reveal that the main risk category that faces the mega shopping mall projects in Egypt is the one including the financial risk factors. The most critical risk factor that faces these projects is the financial ability of the client. These results are similar to findings by previous researches conducted for large projects in other countries.

Mega shopping mall projects, commercial projects, critical risks, risk mitigation/elimination measures.