Resilience in chemical engineering project management strategies for mitigating risk in large-scale industrial projects

Abstract

Large scale chemical engineering projects like GNFC’s project has many risks that lead to the potential threats to the whole project. Since GNFC project is one of the crucial and major projects in current developments, this study seeks to undertake a study and establish resilience, project management risk-handling technique for such projects. Thus, this paper uses a positivist research philosophy to conduct a quantitative study in which 51 questionnaires were distributed to the project managers and workers. An explanatory research design is needed to determine the effect of key risk factors on resilience strategies. A deductive approach is used to analyze survey data to evaluate and compare risk management activities in a systematic effort to identify patterns. Secondary data collection is carried out using questionnaires, which are in a closed format based on a measuring instrument with a Likert scale of 1-5 to rate key factors of resilience that include risk identification, flexibility, communication, backup plan, and stakeholders’ engagement. Through purposive sampling, participants most directly involved in the GNFC project are chosen so that the responses obtained would be relevant and reliable. The evaluation of the data uses quantitative methodologies to uncover relevant factors that would enable the key aspect of project resilience to be developed. The results of this study provide the understanding of appropriate measures to tackle the risks hence enhancing the robustness of big chemical engineering projects. In this way, the findings of the indicated study presenting the current state of deficiencies and opportunities can be useful for the improvement of risk management practices in industrial project management for better preparedness for future challenges.