Facilitate risk management in construction process by using hierarchical risk breakdown structure

Risk management is an important part of the decision-making process in construction project management, particularly regarding the project’s integration, scope, time, cost, quality, human resources, communications and procurement. Risk management improves the future prospects of a project as it iden...

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Main Authors:	Chaher, Zid Chaher, Soomro, Ali Raza
Format:	Article
Language:	English
Published:	International Journal of Scientific and Research Publication 2016
Subjects:	TA190 Management of engineering works
Online Access:	http://irep.iium.edu.my/52429/ http://irep.iium.edu.my/52429/ http://irep.iium.edu.my/52429/1/ijsrp-p55101%20Facilitate%20risk%20management.pdf

id	iium-52429
recordtype	eprints
spelling	iium-524292016-10-26T01:19:53Z http://irep.iium.edu.my/52429/ Facilitate risk management in construction process by using hierarchical risk breakdown structure Chaher, Zid Chaher Soomro, Ali Raza TA190 Management of engineering works Risk management is an important part of the decision-making process in construction project management, particularly regarding the project’s integration, scope, time, cost, quality, human resources, communications and procurement. Risk management improves the future prospects of a project as it identifies uncertainties and probabilities. However, A lot of analysts and experts have been struggling to define risks by using many analysis and methods where have been applied to define these uncertainties and risks. But eventually, these methods have showed up a weak and sometimes a fatal data missing which may lead to affect directly on the risk management and success of project. In this research paper highlights on one of the most useful and practical method Hierarchal Risk Breakdown Structure which may facilitate to identify and quantify all risks to which the project is exposed so that a conscious decision can be taken on how to manage the risk. International Journal of Scientific and Research Publication 2016-07 Article PeerReviewed application/pdf en http://irep.iium.edu.my/52429/1/ijsrp-p55101%20Facilitate%20risk%20management.pdf Chaher, Zid Chaher and Soomro, Ali Raza (2016) Facilitate risk management in construction process by using hierarchical risk breakdown structure. International Journal of Scientific and Research Publications, 6 (7). pp. 703-709. ISSN 2250-3153 http://www.ijsrp.org/research-paper-0716.php?rp=P555660
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	TA190 Management of engineering works
spellingShingle	TA190 Management of engineering works Chaher, Zid Chaher Soomro, Ali Raza Facilitate risk management in construction process by using hierarchical risk breakdown structure
description	Risk management is an important part of the decision-making process in construction project management, particularly regarding the project’s integration, scope, time, cost, quality, human resources, communications and procurement. Risk management improves the future prospects of a project as it identifies uncertainties and probabilities. However, A lot of analysts and experts have been struggling to define risks by using many analysis and methods where have been applied to define these uncertainties and risks. But eventually, these methods have showed up a weak and sometimes a fatal data missing which may lead to affect directly on the risk management and success of project. In this research paper highlights on one of the most useful and practical method Hierarchal Risk Breakdown Structure which may facilitate to identify and quantify all risks to which the project is exposed so that a conscious decision can be taken on how to manage the risk.
format	Article
author	Chaher, Zid Chaher Soomro, Ali Raza
author_facet	Chaher, Zid Chaher Soomro, Ali Raza
author_sort	Chaher, Zid Chaher
title	Facilitate risk management in construction process by using hierarchical risk breakdown structure
title_short	Facilitate risk management in construction process by using hierarchical risk breakdown structure
title_full	Facilitate risk management in construction process by using hierarchical risk breakdown structure
title_fullStr	Facilitate risk management in construction process by using hierarchical risk breakdown structure
title_full_unstemmed	Facilitate risk management in construction process by using hierarchical risk breakdown structure
title_sort	facilitate risk management in construction process by using hierarchical risk breakdown structure
publisher	International Journal of Scientific and Research Publication
publishDate	2016
url	http://irep.iium.edu.my/52429/ http://irep.iium.edu.my/52429/ http://irep.iium.edu.my/52429/1/ijsrp-p55101%20Facilitate%20risk%20management.pdf
first_indexed	2023-09-18T21:14:18Z
last_indexed	2023-09-18T21:14:18Z
_version_	1777411459618177024

Facilitate risk management in construction process by using hierarchical risk breakdown structure

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