A crisis can quickly impact construction companies, leading to significant financial losses. To ensure survival, construction firms must continuously evaluate internal and external environments, detect early warning signs, prepare for emergencies and respond effectively. The aim of this study was to identify ways to help construction project managers mitigate and resolve crises in the short term, enabling a return to pre-crisis conditions. Findings from a questionnaire survey conducted with 234 construction firms are presented. Both qualitative and quantitative results indicate that the ongoing financial crisis has significantly impacted construction project management. Data were collected through questionnaires and analysed using descriptive statistics, correlation analysis with SPSS software and structural equation modelling with AMOS. The study provides an extensive outlook on crisis management predictions within the construction industry. In response to increased public demand for more efficient, reliable and accessible communication with government, along with economic challenges and a need for greater data independence, government agencies are encouraged to adopt modern computer technologies and Web 2.0 applications. Variables such as project performance, crisis preparedness, economic resilience, social vulnerability and policy effectiveness have positively influenced crisis management factors, with beta values (standardised path coefficients) of 0.66, 0.62, 0.57, 0.60 and 0.84, respectively.
Srinivasan et al. (Sat,) studied this question.