Project Management

Construction risk management

last edited by: Peter Wootton on Apr 22, 2024 6:27 AM login/register to edit this page
Contents
1 Purpose
   1.1 Sources of risk in construction projects
   1.2 Delivery method impact on construction risk
   1.3 Level of project definition and project risk
   1.4 Horizontal format cost distribution and associated risks
   1.5 Sources of informtation

Purpose

This site is aimed to bring access to sites relates to construction specific information, tools and techniques related to risk management in construction.

Sources of risk in construction projects

Typical construction projects are heavily exposed to serveral types of risks. The following list include some aproaches to asses risk exposure for a construction project.

  • Delivery method
  • Level of project definition
  • Horizontal cost distribution

Delivery method impact on construction risk

Level of project definition and project risk

Horizontal format cost distribution and associated risks

Sources of informtation

  • Bartholomew, S. H. (2000). Estimating and bidding for heavy construction. Upper Saddle River, NJ: Prentice Hall.
  • Christensen, P., Dysert, L. (2005). Cost Estimate Classification System - As Applied in Engineering, Procurement and Construction for The Process Industries. AACE International.
last edited by: Peter Wootton on Apr 22, 2024 6:27 AM login/register to edit this page

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