|
PROJECT RISK MANAGEMENT IMPACT ON THE PROJECT SUCCESS
3
Author(s):
HUSAM MOHAMMED MUSAED ALBASARA, BIPIN KUMAR SINGH, VIKAS KUMAR PANDEY
Vol - 9, Issue- 4 ,
Page(s) : 165 - 172
(2018 )
DOI : https://doi.org/10.32804/CASIRJ
Abstract
Abstract: In this article the principle center is accentuated around management under risk i.e. Risk - management. This specific branch of management has an indispensable part at show on the planet, Risk management is the request of the everyday in each management system. Because of quickly developing financial advancement, management is confronting extraordinary difficulties to battle the request circumstance proficiently. My region of point under risk management, manages construction task; and how it is mongered effectively. Construction venture is becoming quickly in this time of quick improvement Never in the historical backdrop of construction has ever observed such a tremendous size of construction which is amazing and without a doubt testing. It has accordingly, turned out to be basically imperative to reduce or moderate risk particularly in the construction undertaking or task. The Risk - word for the most part discuss a Bad outcome or adverse to somebody's wellbeing or to cause stress over because of some reason. In reality any business wander contains on component of risk. In this manner it is trusted that any undertaking has a risk or a mix of risk and opportunity it is inescapable actuality. In our theme of risk management in connection to construction extend, risk is plausible or prone to happen, might be amid construction or significantly from that point. Risk, despite the most imperative factor to center, for it includes lives of individuals cash and notoriety of the management Right choice skill . furthermore, material utilized as a part of the construction is very conspicuous factor. Its quality and strength are exceedingly requested.
- Dale F. Cooper, Stephen Grey, Geoffrey Raymond and Phil Walker,"Managing Risk in Large Projects and Complex Procurements",British Library Cataloging in Publication Data,2005
- Martin Schieg, "Risk management in construction project management",Journal of Business Economics and Management 2006, Vol VII, No 2, 77–83
- Tara Duggan,"Why Is Risk Management Important to Project Success?",smallbusiness.chron.,Updated April 27, 2018
- Y. Yan and Y. Liu, "Analysis and prevention of construction contract risk management based on the contractors' interests," 2016 International Conference on Logistics, Informatics and Service Sciences (LISS), Sydney, NSW, 2016, pp. 1-3.
- B. B. Xu, Y. Q. Chen and C. M. Wang, "Risk management of construction projects based on sandpile model: A frame of risk conduction," 2013 IEEE International Conference on Industrial Engineering and Engineering Management, Bangkok, 2013, pp. 1530-1534.
- D. Zhao, "Merging habitus into safety risk management: A case from the U.S. construction industry," 2013 IEEE International Conference on Industrial Engineering and Engineering Management, Bangkok, 2013, pp. 507-511.
- H. Lmoussaoui and H. Jamouli, "Study of dependencies in a risk management process: case of a construction project," 2014 International Conference on Logistics Operations Management, Rabat, 2014, pp. 112-117.
- Y. B. Zhang, Y. Q. Chen and X. Y. Zhu, "Risk management for construction projects with colored Petri nets: An agent-based modeling framework," 2012 IEEE International Conference on Industrial Engineering and Engineering Management, Hong Kong, 2012, pp. 2008-2012.
- Xianyi Gao, Yaqiang Shen and Jing Lin, "Schedule risk management at early stages of large construction projects based on the GERT model," IEEE Conference Anthology, China, 2013, pp. 1-4.
- T. Junhu and W. Yajie, "Risk management methods of high-speed railway construction," 2013 6th International Conference on Information Management, Innovation Management and Industrial Engineering, Xi'an, 2013, pp. 237-239.
- D. Zhang and W. Chen, "Insurance Funds Involved in the Affordable Housing Construction Investment for Risk Management," 2011 Fourth International Conference on Business Intelligence and Financial Engineering, Wuhan, 2011, pp. 671-675.
- Y. Wu, Y. Huang and K. Xiong, "Research on risk management gains of construction project based on the goal orientation perspective," 2011 IEEE International Conference on Quality and Reliability, Bangkok, 2011, pp. 381-384.
- S. Shang, "Construction risk management through insurance and bonding in China," 2011 Second International Conference on Mechanic Automation and Control Engineering, Hohhot, 2011, pp. 2059-2062.
- Gao Tao, Liu Qing and Wang Jianping, "Practical research on risk management of the agent construction corporation of the non-operational public project," 2011 International Conference on Business Management and Electronic Information, Guangzhou, 2011, pp. 419-423.
- L. Parvizsedghy and Mohammad Hossein Sobhiyah, "International projects risk management in the construction industry," 2011 International Conference on Business Management and Electronic Information, Guangzhou, 2011, pp. 300-303.
- W. Wenshun, L. Hualong and L. Xiaohua, "Notice of Retraction Research of the risk management system for large-scale mining shaft construction projects," 2011 International Conference on E-Business and E-Government (ICEE), Shanghai, China, 2011, pp. 1-4.
- C. Li, T. Liu and X. Zhou, "The Project Risk Management Mode Research of Construction Enterprises," 2011 International Conference on Computer and Management (CAMAN), Wuhan, 2011, pp. 1-4.
- M. M. Rahman, L. Bobadilla, A. Mostafavi, T. Carmenate and S. A. Zanlongo, "An Automated Methodology for Worker Path Generation and Safety Assessment in Construction Projects," in IEEE Transactions on Automation Science and Engineering, vol. 15, no. 2, pp. 479-491, April 2018.
- A. D. P. Sudin, J. D. Puspo and I. Taufik, "Implementation of risk management in electricity transmission to improve planning accuracy," 2017 International Conference on High Voltage Engineering and Power Systems (ICHVEPS), Bali, 2017, pp. 105-107.
|