Risk Assessment in Residential Construction Projects by SPSS.

Risk management is about thinking ahead and preventing things from going wrong. Managing risks in construction projects have been recognized as a very important process in order to achieve project objectives in terms of time, cost, quality, safety and environmental sustainability. This research focuses on residential projects across four cities of Gujarat i.e. Ahmedabad, Anand, Vadodara, Nadiad. The data were collected from the experienced personnel in the construction industry with ample amount of experience. Software like SPSS Statistics 17.0 (Statistical Package for Social Science) and MS-Excel were adopted to evaluate the collected responses from different personnel from the construction industry. The aim of this study to find the critical factors affecting construction projects and correlation between them. This paper presents the factors with the highest probability and/or impact on any project and correlation between them through statistics. This result may prove to be a handful of the people of the construction industry by providing a benchmark for future studies.