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Applying Risk Management Workshop for a Public Construction Project: Case Study
The selection of proper risk management tools and techniques is critical for better decision-making. Because very few studies scrutinize the use of a workshop as a risk management approach, this paper aims to explore how a risk management workshop can be effectively used in managing project risks, by studying a risk management workshop that was conducted in a public project. An in-depth case study approach was adopted to identify the benefits and challenges of this method of risk management. The subsequent performance of the public organization in managing risks was examined by evaluating its functional risk management implementation. In addition to furthering an organization’s understanding of major project risks, a risk management workshop also provides opportunities for team building. However, a breakdown in the risk communication that eventually resulted in a poor risk management implementation was uncovered in the implementation of the project. Continued efforts to improve risk management implementation are needed to overcome the shortcomings associated with the current practices.
Applying Risk Management Workshop for a Public Construction Project: Case Study
The selection of proper risk management tools and techniques is critical for better decision-making. Because very few studies scrutinize the use of a workshop as a risk management approach, this paper aims to explore how a risk management workshop can be effectively used in managing project risks, by studying a risk management workshop that was conducted in a public project. An in-depth case study approach was adopted to identify the benefits and challenges of this method of risk management. The subsequent performance of the public organization in managing risks was examined by evaluating its functional risk management implementation. In addition to furthering an organization’s understanding of major project risks, a risk management workshop also provides opportunities for team building. However, a breakdown in the risk communication that eventually resulted in a poor risk management implementation was uncovered in the implementation of the project. Continued efforts to improve risk management implementation are needed to overcome the shortcomings associated with the current practices.
Applying Risk Management Workshop for a Public Construction Project: Case Study
Goh, Cheng Siew (author) / Abdul-Rahman, Hamzah (author) / Abdul Samad, Zulkiflee (author)
Journal of Construction Engineering and Management ; 139 ; 572-580
2012-05-04
92013-01-01 pages
Article (Journal)
Electronic Resource
English
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