Zobrazit v EDS

Financial Risks in Building Planning: A Literature Review.

Uloženo v:
Podrobná bibliografie
Název: Financial Risks in Building Planning: A Literature Review.
Alternate Title: Riesgos financieros en la planeación de edificios: revisión de la literatura.
Autoři: Muñoz, Iris J.1, Moreno, Dagoberto1, Suarez, Fabián A.1 fass2016@udenar.edu.co
Zdroj: Ingeniería y Competitividad. abr-jun2025, Vol. 27 Issue 2, p1-22. 22p.
Témata: *CONSTRUCTION planning, *SCIENTIFIC literature, *CONSTRUCTION projects, *FINANCIAL risk, *BUILDING design & construction
Abstract (English): Introduction: The construction industry plays a crucial role in the economic development of countries, driving both growth and infrastructure. However, this sector also faces significant challenges, with financial risks being particularly critical. Proper planning in construction projects is a key factor for success, as it allows for the anticipation and mitigation of such risks from the early stages of the project. Objective: The objective of this study was to identify and classify financial risks associated with the planning of building construction through a scientific literature review. The analysis focused on the sources of these risks, their causes, their statistical weight within the literature, and proposed alternatives for risk management. Materials and Methods: This study was conducted through a systematic literature review in both English and Spanish, covering the period from 2000 to 2024. A mixed-methods approach was employed, combining quantitative and qualitative analysis. The main scientific databases were consulted. A total of 163 articles were initially reviewed, from which 42 were selected based on their relevance, recency, and direct contribution to the topic. Results: The analysis identified 28 causes of financial risk in the planning stage of building construction. These risks were classified by origin, highlighting common sources such as bidding, financing, and consulting. It was observed that 30% of the reviewed literature pointed to engineering consulting as the most recurrent source of financial risk, which facilitates the implementation of mitigation strategies. The main identified causes include poor information gathering, inaccurate financial estimates, and flawed process design during the planning phase. Conclusions: The review revealed that financial risks in construction planning stem from multiple interrelated factors. Inadequate consulting, poor planning practices, and errors in initial economic assessments are the main drivers. Early identification and proper classification of these causes are essential for developing effective mitigation strategies that ensure the financial viability of construction projects. [ABSTRACT FROM AUTHOR]
Abstract (Spanish): Introducción: La industria de la construcción desempeña un papel crucial en el desarrollo económico de los países, impulsando el crecimiento y la infraestructura. Sin embargo, este sector también enfrenta desafíos significativos, entre los cuales los riesgos financieros son particularmente críticos. La adecuada planeación en los proyectos de construcción es un factor determinante para su éxito, ya que permite anticipar y mitigar dichos riesgos desde las etapas iniciales del proyecto. Objetivo: El objetivo de esta investigación fue identificar y clasificar los riesgos financieros asociados con la planeación de la construcción de edificios, a través de una revisión de literatura científica. Se analizaron las fuentes de origen de estos riesgos, sus causas, su peso estadístico dentro de la literatura y se propusieron alternativas para su gestión. Materiales y Métodos: El estudio se realizó mediante una revisión sistemática de literatura en inglés y español, abarcando el periodo comprendido entre los años 2000 y 2024. Se empleó un enfoque mixto, combinando análisis cuantitativo y cualitativo, y se consultaron las principales bases de datos científicas. Inicialmente se revisaron 163 artículos, de los cuales se seleccionaron 42 por su relevancia, actualidad y contribución directa al tema de estudio. Resultados: Del análisis se identificaron un total de 28 causas de riesgo financiero en la etapa de planeación de edificaciones. Estos riesgos se clasificaron según su origen, destacándose fuentes comunes como la licitación, la financiación y la consultoría. Se observó que el 30% de la literatura revisada coincide en que las situaciones de mayor incidencia están relacionadas con la consultoría de ingeniería, lo cual facilita la implementación de estrategias de mitigación. Las principales causas encontradas incluyen la deficiente recolección de información, errores en las estimaciones financieras y fallas en el diseño de los procesos durante la etapa de planeación. Conclusiones: La revisión permitió evidenciar que los riesgos financieros en la planeación de construcciones provienen de múltiples factores interrelacionados. La consultoría deficiente, una planificación inadecuada y errores en los cálculos económicos iniciales son los principales detonantes. La identificación temprana de estas causas, así como su adecuada clasificación, es clave para el desarrollo de estrategias efectivas de mitigación que garanticen la viabilidad financiera de los proyectos constructivos. [ABSTRACT FROM AUTHOR]
Databáze: Academic Search Index
Popis
Abstrakt:Introduction: The construction industry plays a crucial role in the economic development of countries, driving both growth and infrastructure. However, this sector also faces significant challenges, with financial risks being particularly critical. Proper planning in construction projects is a key factor for success, as it allows for the anticipation and mitigation of such risks from the early stages of the project. Objective: The objective of this study was to identify and classify financial risks associated with the planning of building construction through a scientific literature review. The analysis focused on the sources of these risks, their causes, their statistical weight within the literature, and proposed alternatives for risk management. Materials and Methods: This study was conducted through a systematic literature review in both English and Spanish, covering the period from 2000 to 2024. A mixed-methods approach was employed, combining quantitative and qualitative analysis. The main scientific databases were consulted. A total of 163 articles were initially reviewed, from which 42 were selected based on their relevance, recency, and direct contribution to the topic. Results: The analysis identified 28 causes of financial risk in the planning stage of building construction. These risks were classified by origin, highlighting common sources such as bidding, financing, and consulting. It was observed that 30% of the reviewed literature pointed to engineering consulting as the most recurrent source of financial risk, which facilitates the implementation of mitigation strategies. The main identified causes include poor information gathering, inaccurate financial estimates, and flawed process design during the planning phase. Conclusions: The review revealed that financial risks in construction planning stem from multiple interrelated factors. Inadequate consulting, poor planning practices, and errors in initial economic assessments are the main drivers. Early identification and proper classification of these causes are essential for developing effective mitigation strategies that ensure the financial viability of construction projects. [ABSTRACT FROM AUTHOR]
ISSN:01233033
DOI:10.25100/iyc.v27i2.14476