Investigation the Effects of Risk Management Tool and Techniques on Modular Building Products in Richmond, Virginia: A Study of Pre-Engineered Metal Buildings

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Acknowledgement

I would take this opportunity to thank my research supervisor, family and friends for their support and guidance without which this research would not have been possible.

Declaration

I, [type your full first names and surname here], declare that the contents of this dissertation/thesis represent my own unaided work, and that the dissertation/thesis has not previously been submitted for academic examination towards any qualification. Furthermore, it represents my own opinions and not necessarily those of the University.

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Abstract

There is a growing popularity in the use of pre-engineered buildings in low- rise construction. Risk management has proven itself an important aspect of all well managed construction projects regardless of the type of construction being undertaken. There has not been sufficient research into the effect of risk management and its overall importance in the pre-engineered field of construction in Richmond, Virginia. This research project attempts to analyse the concept of the effects of risk management tools and techniques on a pre-engineered metal buildings in in Richmond, Virginia. A survey was conducted in the form of close-ended questions giving the respondent an opportunity to value their response on a scale of 1-8, with 1 being the lease important and 8 being extremely important to their respective businesses. Finally the outcomes of the thesis should that there is a significant effect of using the technological tools and techniques for assessing the risk for pre-engineered metal building products.

Table of Contents

ACKNOWLEDGEMENTII

DECLARATIONIII

ABSTRACTIV

Background of the study1

Problem Statement3

Purpose of the study4

Research Questions5

Significance of the Study6

Rationale/ Nature of the study7

CHAPTER 2: A REVIEW OF THE LITERATURE10

CHAPTER 3: RESEARCH METHODOLOGY40

Participants and/or Sites40

Role of the Researcher40

Data Gathering or Data Generation Techniques41

Data Analysis41

Trustworthiness of the Method42

CHAPTER 4: ANALYSIS AND DISCUSSION OF DATA44

Results44

Discussion55

CHAPTER 5: CONCLUSIONS AND RECOMMENDATIONS60

CHAPTER 5: CONCLUSIONS AND RECOMMENDATIONS60

REFERENCES67

APPENDICES80

Consent Form80

Questionnaire82

Chapter 1: Introduction

Background of the study

Technological improvement over the year has contributed immensely to the enhancement of quality of life through various new products and services. One such revolution was the pre engineered buildings. Through its origin can be traced back to 1960's its potential has been felt only during the recent years. This was mainly due to the development in technology, which helped in computerizing the design and design.

Though initially only off the shelf products were available in these configurations aided by the technological development tailor made solutions are also made using this technology in very short durations. A recent survey by the Metal Building Associations (MBMA) shows that about 60% of the non-residential low rises building in USA are pre-engineered buildings.

Although PEB systems are extensively used in industrial and many other non residential constructions world wide, it is relatively a new concept in India. These concepts were introduced to the Indian markets lately in the late 1990's with the opening up of the economy and a number of multi nationals setting up their projects.The market potential of PEB's is 1.2 million tones per annum. The current pre engineered steel building manufacturing ...