Critical Risk Factors of Design-Build Projects in Vietnam

Abstract

Nowadays, many owners have been using different contract approaches to carry out their
investment projects. The design-build system is also a relatively common method of
implementing projects because it helped domestic construction enterprises, and consultants have
access to a new form of project management with high professionalism because of their
ownership in all aspects of consultancy and construction services. Although the design-build
contract system may bring practical benefits when implementing a project, there are still many
potential risks that need to be considered carefully by the project management unit when
selecting it. This paper applies a fuzzy decision-making approach, namely the Fuzzy Analytical
Hierarchy Process (FAHP), to evaluate critical risk factors affecting the implementation of
design-build projects in Vietnam.