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.
2007) "Risk Management in the Chinese Construction Industry" studied the empirical Chinese industry survey on the importance of project risks, application of risk management techniques, status of the risk management system, and the barriers to risk management, which were perceived by the main project participants. The study
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