How has Project Risk Management helped the construction industry in the developed countries?

Construction Portfolio Management Risk Management

AAMIR AYOUB MIR Jammu & Kashmir Financial Services Ltd Jk, India

project risk management is very important for the success of a project.

Posted: Aug 28, 2021 3:04 AM

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Kiron Bondale Retired | Mentor| Retired Welland, Ontario, Canada

Although I don't work in the construction industry, many PM Network case studies of large and mega construction projects which succeeded gave significant emphasis to the role of effective risk management. This helped those teams avoid environmental contamination issues, health and safety problems and schedule and cost overruns.

Kiron

Posted: Aug 28, 2021 5:46 AM

Sergio Luis Conte Helping to create solutions for everyone| Worldwide based Organizations Buenos Aires, Argentina

The key is to understand why risk is a knowledge are inside the PMBOK Guide (the old PMBOK Guide mainly). With that on hand then you will find the reasons. Remember that you have a specific extension for construction industry.

Posted: Aug 30, 2021 5:17 PM

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How has Project Risk Management helped the construction industry in the developed countries?

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