In the heart of Iraq, a nation rebuilding after decades of conflict, residential investment projects have become a double-edged sword. While they promise to revitalize communities and drive economic growth, they also present significant challenges that can derail progress and leave investors and residents in the lurch. Aya A. Hasan, a researcher from the Department of Civil Engineering at the University of Baghdad, has shed light on these challenges in her recent study published in the Journal of Engineering.
Hasan’s research, which reviewed 84 relevant articles over the past twenty-five years, reveals a disturbing trend: many residential projects in Iraq are plagued by delays and failures. “This issue is not readily resolved and can have a detrimental effect on the project’s outcome, including cost overruns, subpar work, a lack of safety, and schedule delays,” Hasan warns. The consequences of these delays extend beyond the immediate project, affecting the broader social welfare and the energy sector’s demand for new infrastructure.
One of the key findings of Hasan’s study is the prevalence of outdated methods and untrained contractors. In a region where rapid development is crucial, these factors can significantly slow down progress. “A construction project must be completed on schedule and within the projected budget,” Hasan emphasizes, highlighting the need for better training and more efficient construction techniques.
The delays and failures in residential projects have a ripple effect on the energy sector. As new residential areas spring up, there is an increased demand for energy infrastructure. However, when projects are delayed or abandoned, the energy sector is left with unmet demands and stranded investments. This unpredictability can hinder long-term planning and investment in the energy sector, creating a vicious cycle of underdevelopment.
Hasan’s research also points to a lack of comprehensive project understanding as a significant contributor to delays. This issue is particularly relevant in a country like Iraq, where rapid urbanization and infrastructure development are critical. The study underscores the need for better project management practices and more rigorous training for contractors.
The findings of Hasan’s study are a wake-up call for policymakers, investors, and construction professionals. The delays and failures in residential projects are not just isolated incidents but systemic issues that require comprehensive solutions. By addressing these challenges, Iraq can pave the way for more efficient and effective residential investment projects, ultimately benefiting the energy sector and the broader economy.
Hasan’s study, published in the Journal of Engineering, serves as a valuable resource for understanding the complexities of residential investment projects in Iraq. As the country continues to rebuild, the insights from this research will be instrumental in shaping future developments and ensuring that residential projects are completed on time, within budget, and to the highest standards.
The implications of Hasan’s research extend beyond Iraq, offering valuable lessons for other countries grappling with similar challenges. By addressing the root causes of project delays and failures, nations can create more resilient and sustainable residential investment projects, ultimately driving economic growth and improving social welfare.
