Table 4: The most important challenges for small-sized construction firms.

No. Factor Mean Std. Deviation % of RII t-value P-value Rank
Finance Factors Start-up cost (Company registration) 4.53 0.610 90.59 20.671 0.000 1
Foreign currency fluctuation 4.24 0.775 84.71 13.145 0.000 2
Access to finance during the execution of work 4.15 0.815 82.94 11.603 0.000 3
Material and Equipment Factors Continuous abruption of construction material 4.74 0.444 94.71 32.196 0.000 1
High and unstable prices of construction material 4.47 0.610 89.41 19.876 0.000 2
Price manipulation and monopoly of construction material 4.15 0.815 82.94 11.603 0.000 3
Human Resources Factors Nomination and recruitment policies for the team 3.74 0.785 74.71 7.729 0.000 1
Policies to maintain staff stability 3.65 0.877 72.94 6.084 0.000 2
Lack of interest of qualified people to join the work 3.53 1.126 70.59 3.877 0.000 3
Management Skills Factors The lack of clarity of vision and the difficulty of developing a strategic plan far away 3.62 0.978 72.35 5.209 0.000 1
The need for a permanent marketing system and skills 3.32 0.969 66.47 2.754 0.008 2
The need for professional consultants in the field of construction 3.29 0.899 65.88 2.699 0.009 3
Communication and Work Relations Factors Involvement of the owner in the details of the execution of the work 3.59 0.738 71.76 6.575 0.000 1
Complexities of dealing with suppliers 3.44 0.817 68.82 4.451 0.000 2
Low turnout rates and difficult customer satisfaction 3.38 0.847 67.65 3.723 0.000 3
Business Environment Factors The general economic situation is unstable 4.47 0.657 89.41 18.451 0.000 1
Competitive nature of construction and contracting 4.00 0.846 80.00 9.743 0.000 2
Corruption in some governmental and private institutions 3.85 0.851 77.06 8.264 0.000 3