Transcription of ANALYSIS OF MAJOR RISKS IN CONSTRUCTION PROJECTS
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ANALYSIS OF MAJOR RISKS IN CONSTRUCTION PROJECTS
VOL. 11, NO. 11, JUNE 2016 ISSN 1819-6608. ARPN Journal of Engineering and Applied Sciences 2006-2016 Asian Research Publishing Network (ARPN). All rights reserved. ANALYSIS OF MAJOR RISKS IN CONSTRUCTION PROJECTS . K. Jayasudha and B. Vidivelli Department of Civil and Structural Engineering Annamalai University, Chidambaram, Tamil Nadu, India E-Mail: ABSTRACT. Risk management is thus in direct relation to the successful project completion. Project management literature describes a detailed and widely accepted risk management process, which is constructed basically from four iterative phases: risk identification, risk estimation, risk response planning and execution, often managing the risk management process is included.
MacLeod (March, 1997) "Risk Analysis and Management in Construction" studied the construction industry perception of risk associated with its activities and the extent to which the industry uses risk analysis and management techniques with the help of a questionnaire ... negatively affects the critical path. Risks are either short or . VOL. 11 ...
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