Risk Assessment and Management of Construction Project

International Journal of Research in Engineering, Science and Management

View Publication Info
 
 
Field Value
 
Title Risk Assessment and Management of Construction Project
 
Creator Rathod, Deep Gopal
Patil, Yash Digambar
Patil, Shrey Jagdish
Sontakke, Nikhil
 
Subject risk identified
qualitative and quantitative risk analysis
mitigation of risks
 
Description The goal of this paper is to identify and analyze the numerous risks and their consequences associated with various phases of a construction project, as well as to give risk mitigation methods through a systematic risk management methodology. Construction projects are undertaken in difficult situations, resulting in significant levels of uncertainty and risk, which are exacerbated by strict time and schedule constraints. These risks are not adequately addressed, and as a result, the industry has underperformed. Because infrastructure projects are vast in scale and cost a significant amount of money, any waste (in terms of time, resources, or other factors) would result in significant financial losses. The losses are attributable to a variety of hazards that come with such large-scale initiatives. Through our research, we hope to reduce the financial and other negative implications of the construction project.
 
Publisher RESAIM
 
Date 2022-05-02
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier https://www.journals.resaim.com/ijresm/article/view/1991
 
Source International Journal of Research in Engineering, Science and Management; Vol. 5 No. 4 (2022); 181-187
2581-5792
 
Language eng
 
Relation https://www.journals.resaim.com/ijresm/article/view/1991/1930
 
Rights Copyright (c) 2022 Deep Gopal Rathod, Yash Digambar Patil, Shrey Jagdish Patil, Nikhil Sontakke
https://creativecommons.org/licenses/by/4.0
 

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