Statistical Analysis of COVID-19 Influences on Construction Industry with Material Management: A Questionnaire-Based Approach

Abstract

COVID-19 pandemic caused a recession in the world economy and it affected every sector of business as well as world trade. The construction industry was also affected by this pandemic badly. There is need to study effect of COVID-19 pandemic on construction industry. This study will provide an overview of factors which influence the construction industry with material management during COVID-19 pandemic. The study will be done through Relative importance index (RII) method. The questionnaire will be formed and communicated to different individuals working in construction industry. There will be random sampling as well as individuals chosen for survey should have undertaken some kind of construction projects during the early starting of pandemic. The Likert's scale will be used. The calculations will be done in MS excel or SPSS software, finding RII values will give us significance of different factors impacting construction industry during Covid-19 pandemic. This study found that time overrun, cost overrun as well as material price hike are very high impact factors during pandemic. This study is beneficial by helping in recognizing very high impact factors effecting construction industry during pandemic. This will help to mitigate the future uncertain events like Covid 19 by prioritizing the very high significance factors.