Abstract:
Over the course of the past ten years, MiC has emerged as an appealing study issue.
Since, use of this technology has become more widespread in a number of countries all
over the world, there is a pressing need to investigate the primary study themes,
characteristics, benefits, and issues associated with it. The use of modular construction
results in increased safety and reduces the likelihood of accidents and injuries. In spite
of this, the modular building technique faces a degree of uncertainty as a result of a
number of elements, both internal and external, including engineering,
occupational/cultural, socioeconomic, and financial. Research on risk management that
has been conducted for traditional onsite building cannot be immediately transferred to
modular construction because of the fundamental differences between traditional and
modular construction. The literature on Risk in MiC was subjected to a comprehensive
study that included qualitative analysis, bibliometric search and quantitative analysis.
After looking through available research, 156 risk factors were discovered in the outset.
The number of factors was cut down to 52 by eliminating duplicates and use the Pareto
analysis technique. Following the identification of the key risk variables connected with
modular building, a fuzzy synthetic evaluation technique is applied in order to rank
these risk factors. As a consequence of this, twenty (20) significant risk variables were
discovered, and the subsequent analysis led to the calculation of an Overall Risk Impact
(ORI) score, which indicated that the risk of MiC projects in Pakistan is somewhere
between moderate and high. In addition, critical risk groups within the construction
industry of Pakistan were dissected and rated according to the significance and
influence that they have inside the sector. Following discussion with professionals in the relevant industry, recommendations were developed for the critical risk groups
taking into account the important risk elements that are present in those categories.
