Risk Management in construction industry
Construction industry is highly risk prone, with complex and dynamic project environments creating an atmosphere of high uncertainty and risk. The industry is vulnerable to various technical, sociopolitical and business risks. The track record to cope nith these risks has not been very good in construction industry. As a result, the people working in the industry bear various failures, such as, failure of abiding by quality and operational requirements, cost overruns and uncertain delays in project completion. In light of this, it can be said that an effective systems of risk assessment and management for construction industry remains a challenging task for the industry practitioners. The aim of the this research is to identify and evaluate current risks and uncertainties in the construction industry through extensive literature survey and aims to make a basis for future studies for development of a risk management framework to be adopted by prospective investors, developers and contractors in Pakistan.
Project management risk management risk analysis construction contractors
Nadeem Ehsan Mehmood Alam Ebtisam Mirza Azam Ishaque
Engineering Management Department Center for Advanced Studies in Engineering Islamabad, Pakistan Engineering Management Department Centre for Advanced Studies in Engineering Islamabad, Pakistan
国际会议
成都
英文
16-21
2010-07-07（万方平台首次上网日期，不代表论文的发表时间）