Indian Journal of Science and Technology

Abstract

Objective of the Study: This paper aims to study about the risks that affect the supply chain management of the road infrastructure projects. Supply chain management identifies the issues that slow down the process of road construction and helps in reconfiguration and re-engineering of supply chain. Methodology: A thorough literature review has been conducted to identify the major factors that cause delay in the completion of the road projects. After analysis of reviewed literature a questionnaire survey was prepared. The gathered data was analyzed and top ten risk factors having highest Risk Priority Number (RPN) were identified from Failure Mode and Effect Analysis technique (FMEA). The relationship between the various risks factors has been identified by the interpretive structural modeling (ISM). Findings: The findings of the study indicate that there are several risks that create a gap between planned completion time and actual completion time of the road projects. The delay in the road projects lead to several risks such as cost overrun, legal issues, contract termination and many others. Application: Roads are the lifeline of a Country and its timely development plays a very important role in the Development of the Nation. This study will enable various parties involved to understand and mitigate the risks in a n effective manner.
Keywords: Failure Mode and Effect Analysis Technique (FMEA), Interpretive Structural Modeling (ISM), Risk Priority Number (RPN), Risks, Supply Chain Management