Risk management of different contractual approaches in construction industry / Mohd Faizol Mohd Pauzi

Generally, there is no construction project without risk. Risk may effect constructions project negatively. Normally risks tend toward danger and potentially contributing to severe impact such as project delay and financial loss. Moreover, the effects that caused by the risk are difficult to be pred...

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Main Author: Mohd Pauzi, Mohd Faizol
Format: Thesis
Language:English
Published: 2007
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/73494/1/73494.pdf
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spelling my-uitm-ir.734942023-03-24T00:55:36Z Risk management of different contractual approaches in construction industry / Mohd Faizol Mohd Pauzi 2007 Mohd Pauzi, Mohd Faizol Management of the construction site. Superintendence of building construction Generally, there is no construction project without risk. Risk may effect constructions project negatively. Normally risks tend toward danger and potentially contributing to severe impact such as project delay and financial loss. Moreover, the effects that caused by the risk are difficult to be predicted. Hence, in the order to ensure the smooth undertaking of project, any occurrence that may lead failure and financial loss a need to be identified, managed and eliminated. There are much ways that can be adopted to manage risk is by using appropriate project delivery method. This study reviews risk in general including definition, types of risk, risk management method in project delivery system and the most important part is assessing effectiveness of project delivery system which adopted theoretically and practically in the construction process. The finding of the study indicates that risk often occurs during construction stage. Among these are financial risk, management risk, delay risk, workmanship risk and accidental risk. Each delivery project system can be minimize specific risk in each stage in construction project especially Design and Build Method. 2007 Thesis https://ir.uitm.edu.my/id/eprint/73494/ https://ir.uitm.edu.my/id/eprint/73494/1/73494.pdf text en public degree Universiti Teknologi MARA (UiTM) Faculty of Architecture, Planning and Surveying Mahmood, Mahayudin
institution Universiti Teknologi MARA
collection UiTM Institutional Repository
language English
advisor Mahmood, Mahayudin
topic Management of the construction site
Superintendence of building construction
spellingShingle Management of the construction site
Superintendence of building construction
Mohd Pauzi, Mohd Faizol
Risk management of different contractual approaches in construction industry / Mohd Faizol Mohd Pauzi
description Generally, there is no construction project without risk. Risk may effect constructions project negatively. Normally risks tend toward danger and potentially contributing to severe impact such as project delay and financial loss. Moreover, the effects that caused by the risk are difficult to be predicted. Hence, in the order to ensure the smooth undertaking of project, any occurrence that may lead failure and financial loss a need to be identified, managed and eliminated. There are much ways that can be adopted to manage risk is by using appropriate project delivery method. This study reviews risk in general including definition, types of risk, risk management method in project delivery system and the most important part is assessing effectiveness of project delivery system which adopted theoretically and practically in the construction process. The finding of the study indicates that risk often occurs during construction stage. Among these are financial risk, management risk, delay risk, workmanship risk and accidental risk. Each delivery project system can be minimize specific risk in each stage in construction project especially Design and Build Method.
format Thesis
qualification_level Bachelor degree
author Mohd Pauzi, Mohd Faizol
author_facet Mohd Pauzi, Mohd Faizol
author_sort Mohd Pauzi, Mohd Faizol
title Risk management of different contractual approaches in construction industry / Mohd Faizol Mohd Pauzi
title_short Risk management of different contractual approaches in construction industry / Mohd Faizol Mohd Pauzi
title_full Risk management of different contractual approaches in construction industry / Mohd Faizol Mohd Pauzi
title_fullStr Risk management of different contractual approaches in construction industry / Mohd Faizol Mohd Pauzi
title_full_unstemmed Risk management of different contractual approaches in construction industry / Mohd Faizol Mohd Pauzi
title_sort risk management of different contractual approaches in construction industry / mohd faizol mohd pauzi
granting_institution Universiti Teknologi MARA (UiTM)
granting_department Faculty of Architecture, Planning and Surveying
publishDate 2007
url https://ir.uitm.edu.my/id/eprint/73494/1/73494.pdf
_version_ 1783735978920247296