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Sustainable Repair & Maintenance of Buildings in the Developing Countries: A Risk Management Perspective and Proposal of Customized Framework
Repair & maintenance (R&M) activities of buildings and structures are inescapable: aging, constant use (causing wear and tear), likely defects of design and construction, and the consequences of environmental agents and vulnerabilities cause the deterioration of building components over a period of time. R&M decisions are partly dictated by policies and regulations in the developed world, however the situation exacerbates in developing countries where large number of externalities dictates these decisions: lack of budget, enforcing regulation and building standards to name a few. These and other inherent uncertainties grow to be considerable risks of strange and inimitable nature which demand an active and customized management. There is a strong incentive if effective risk management is launched and established in R&M projects: better cost control, higher serviceability, lower facility down time and improved reputation along with the enhanced satisfaction on part of occupants and users. The need to systematically manage the risk is paramount: starting from efficient risk identification to precise analysis, and appropriate response planning to thorough monitoring and control, a tailored and specialized project risk management (PRM) framework-a combination of specific tools and techniques-will greatly help by considering how risky these undertakings are, dealing with apparent threats and converting them into real opportunities. To this end, after reviewing the R&M state of affairs in developing countries, this paper proposes a functional PRM framework to manage R&M risk.
Sustainable Repair & Maintenance of Buildings in the Developing Countries: A Risk Management Perspective and Proposal of Customized Framework
Repair & maintenance (R&M) activities of buildings and structures are inescapable: aging, constant use (causing wear and tear), likely defects of design and construction, and the consequences of environmental agents and vulnerabilities cause the deterioration of building components over a period of time. R&M decisions are partly dictated by policies and regulations in the developed world, however the situation exacerbates in developing countries where large number of externalities dictates these decisions: lack of budget, enforcing regulation and building standards to name a few. These and other inherent uncertainties grow to be considerable risks of strange and inimitable nature which demand an active and customized management. There is a strong incentive if effective risk management is launched and established in R&M projects: better cost control, higher serviceability, lower facility down time and improved reputation along with the enhanced satisfaction on part of occupants and users. The need to systematically manage the risk is paramount: starting from efficient risk identification to precise analysis, and appropriate response planning to thorough monitoring and control, a tailored and specialized project risk management (PRM) framework-a combination of specific tools and techniques-will greatly help by considering how risky these undertakings are, dealing with apparent threats and converting them into real opportunities. To this end, after reviewing the R&M state of affairs in developing countries, this paper proposes a functional PRM framework to manage R&M risk.
Sustainable Repair & Maintenance of Buildings in the Developing Countries: A Risk Management Perspective and Proposal of Customized Framework
Thaheem, Muhammad Jamaluddin (author)
2014-01-01
Article (Journal)
Electronic Resource
English
DDC:
690
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