Risk Analysis of Time and Cost Overruns in the Lebanese Precast Industry

A research article analyzing causes of schedule and budget overruns in Lebanon's precast concrete sector. The study, authored by Nabil Semaan and published on figshare in 2026, identifies and ranks key risk factors using questionnaires and quantitative analysis. It reports that a project with a 50% risk level has a 37% time overrun potential and a 29% cost overrun potential.

Use Cases

• Identify primary risk factors for construction delays based on the ranked causes of time overruns.
• Analyze financial drivers of cost overruns based on the study's findings on material cost fluctuations and financial management.
• Benchmark project risk levels using the reported quantitative probabilities for time and cost overruns.
• Develop targeted intervention strategies for schedule control based on the identified high-probability causes.

Strengths

• Provides specific quantitative findings, including a 37% time overrun potential at a 50% risk level.
• Focuses on a specific geographic and industrial context: the precast concrete sector in Lebanon.
• Employs a structured methodology involving literature review, questionnaires, and risk ranking.

Limitations

• The dataset is a 16.1 KB DOCX file, suggesting it is a document report rather than a structured data table.
• Row count and column-level documentation are absent; data structure and variables must be inferred from the text.
• The analysis is specific to the Lebanese precast industry, which may limit generalizability to other regions or construction methods.

Provenance

Source

figshare, authored by Nabil Semaan.

Collection Method

Methodology includes literature review, questionnaires, significance examination, cause ranking, and quantitative risk analysis.

Time Range

null

Freshness

Last updated 2026-04-22 13:57:52.

Geography

Lebanon, specifically the precast concrete industry.