Identifying Dominant Inflation Risks in Residential Construction Projects Using Fuzzy Truth Qualification
Burak Oz, Merve Kocyigit
article (Uluslararası, Hakemli) | Yazar(lar): Burak Oz, Merve Kocyigit | Yıl: 2026 | Dergi/Kurum: SUSTAINABILITY | İndeks: WOS.SCI, WOS.SSCI | DOI: 10.3390/su18031317 | Anahtar Kelimeler: inflation impact, cost escalation, linguistic hedges, risk management, construction economics — Özet: Persistent inflation has inten
Persistent inflation has intensified uncertainty in the construction industry, particularly in volatile economies. Inflation-driven risks affecting Turkish residential projects are examined in this study, focusing on rising costs, fluctuating labor and material prices, and associated risks. The power-based linguistic hedges were used to quantify dominant severity levels under uncertainty based on descriptive statistics and standard deviation thresholds. Results indicate that inflation mostly impacts projects through budget overruns and wage inflation, which exhibit the highest severity and crisis-level risk behaviors. A number of factors drive material price volatility, particularly macroeconomic instability, currency depreciation, and supply-chain disruptions. There is a sustained pressure on contractor profitability due to wage inflation. In contrast, inflation-related effects on schedule, quality, safety, and contractual disputes are secondary and context-dependent. The findings indicate a structural shift in the risk profile of Turkish residential construction, indicating a need for inflation-resilient cost management, adaptive contracting, and proactive labor planning.