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2013 (Vol. 6, Issue: 03)
Article Information:

Providing a Model for Identification and Evaluation of Risks in Construction Projects

Hossein Baharmand, A. Sadegheih and M.A. Vahdat Z.
Corresponding Author:  Hossein Baharmand 

Key words:  Determination of risk limit, normal curve, risk evaluation, risk management, , ,
Vol. 6 , (03): 515-520
Submitted Accepted Published
November 09, 2012 January 01, 2013 June 15, 2013
Abstract:

The present study is a kind of practical, analytical and descriptive in nature. Being analytical is due to collection of information by sampling and descriptive because the variables are measured as they are in real life. In this study by gathering evidences on existing effective risks in oil industry we aim to identify risk limits and present a more precise definition of risks of low, medium and high risks borders. Because of centralization of construction projects of petroleum industry in special economic zone of South Pars, planning, implementation and completion phases based on phases broadness regarding number and size of activities and separate strategic characteristics, 3 out of 28 phases were undertaken sample case study. It is concluded in general that using quantitative and numerical methods in determination of high and low risks approve more precise results. Additionally, carrying numerical tests out requires documentation within study based on identification of potential risks, risk record (earlier and similar) as well as estimation of incidence of risk probability. Though frequency of risk may be less damaging, as reproducibility rule suggests it can be highly risky.
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  Cite this Reference:
Hossein Baharmand, A. Sadegheih and M.A. Vahdat Z., 2013. Providing a Model for Identification and Evaluation of Risks in Construction Projects.  Research Journal of Applied Sciences, Engineering and Technology, 6(03): 515-520.
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ISSN (Online):  2040-7467
ISSN (Print):   2040-7459
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