A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Project Risk Identification Methods for Construction Planning and Execution
Risk identification is the often neglected first step in the risk management process: potential problems specific to the project must be identified before quantification of the magnitude of the risk, or consideration of prevention or mitigation actions. This paper presents two research conclusions: systematic project risk identification during the transition from the design to construction (planning) phase benefits from a taxonomy of risk areas/potential problems for the specific type of construction involved; during construction execution, earned value analysis is an effective method to identify emerging risks from readily available project data bases. A taxonomy was developed from published references for infrastructure construction projects, validated by construction managers, and is the main contribution of this paper. Fifteen "risk areas" were used to organize 96 potential problems.
Project Risk Identification Methods for Construction Planning and Execution
Risk identification is the often neglected first step in the risk management process: potential problems specific to the project must be identified before quantification of the magnitude of the risk, or consideration of prevention or mitigation actions. This paper presents two research conclusions: systematic project risk identification during the transition from the design to construction (planning) phase benefits from a taxonomy of risk areas/potential problems for the specific type of construction involved; during construction execution, earned value analysis is an effective method to identify emerging risks from readily available project data bases. A taxonomy was developed from published references for infrastructure construction projects, validated by construction managers, and is the main contribution of this paper. Fifteen "risk areas" were used to organize 96 potential problems.
Project Risk Identification Methods for Construction Planning and Execution
Batson, Robert G. (author)
Construction Research Congress 2009 ; 2009 ; Seattle, Washington, United States
Building a Sustainable Future ; 746-755
2009-04-01
Conference paper
Electronic Resource
English
Project Risk Identification Methods for Construction Planning and Execution
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