A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Comparative Assessment of Risk Regulation under MDB-FIDIC & PPA-2011 Conditions of Contracts
Risk is part of every human endeavor. From the moment we get up in the morning, drive or take public transportation to get to school or to work until we get back into our beds (and perhaps even afterwards), we are exposed to risks of different degrees. What makes the study of risk fascinating is that while some of this risk bearing may not be completely voluntary, we seek out some risks on our own (speeding on the highways or gambling, for instance) and enjoy them. While some of these risks may seem trivial, others make a significant difference in the way we live our lives. Managing risks in a construction projects has been recognized as a very important management process in order to achieve the project objectives in terms of time, cost, quality, safety and environmental sustainability. This paper aims to identify the rules and regulations of risks under MDB-FIDIC and PPA conditions of contract and other applicable laws. To support my paper with actual cases, questionnaire surveys were used to collect data from different insurance companies.
Comparative Assessment of Risk Regulation under MDB-FIDIC & PPA-2011 Conditions of Contracts
Risk is part of every human endeavor. From the moment we get up in the morning, drive or take public transportation to get to school or to work until we get back into our beds (and perhaps even afterwards), we are exposed to risks of different degrees. What makes the study of risk fascinating is that while some of this risk bearing may not be completely voluntary, we seek out some risks on our own (speeding on the highways or gambling, for instance) and enjoy them. While some of these risks may seem trivial, others make a significant difference in the way we live our lives. Managing risks in a construction projects has been recognized as a very important management process in order to achieve the project objectives in terms of time, cost, quality, safety and environmental sustainability. This paper aims to identify the rules and regulations of risks under MDB-FIDIC and PPA conditions of contract and other applicable laws. To support my paper with actual cases, questionnaire surveys were used to collect data from different insurance companies.
Comparative Assessment of Risk Regulation under MDB-FIDIC & PPA-2011 Conditions of Contracts
Wondmenew Tsegaw (author) / Welyu Mohammed (author)
2016-06-14
doi:10.20372/nadre:1547549947.87
Theses
Electronic Resource
English
DDC:
690
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