Abstract
In Pakistan, the majority of the local construction
projects are opted without feasibility analysis on the basis of
previously worked data without examining the current scenario.
However, for foreign-funded project feasibility analysis along
with standard guidelines is conducted, but in case of domestically
funded projects, it is often omitted. This research has uncovered
critical factors affecting feasibility for the local construction
industry of Pakistan. Field data are extracted from ongoing
construction projects which are domestically funded. Relative
Importance Index (RII) analysis was carried out first to rank the
factors in terms of their perceived importance. Spearman’s rank
correlation analysis was also done in this regard. The findings of
the study might promote construction practitioners to focus on
the need for feasibility analysis for local projects too.
Muneer Anees, Syed Mustafa Hussain, Kamran Khan, Agha Taqi Abbas. (2018) Factors Affecting the Need for Feasibility Analysis (For Local Construction Projects), Sir Syed University Research Journal of Engineering & Technology, Volume-08, Issue-1.
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