국제학술발표논문집 (International conference on construction engineering and project management)
- The 4th International Conference on Construction Engineering and Project Management Organized by the University of New South Wales
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- Pages.162-167
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- 2011
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- 2508-9048(eISSN)
RISK MANAGEMENT IN CIVIL CONSTRUCTION PROJECTS - FROM COST ESTIMATING PERSPECTIVE
- Ashley Jaensch (Department of Transport, Energy and Infrastructure, South Australia Government) ;
- Jian Zuo (School of Natural and Built Environments, University of South Australia) ;
- Nicholas Chileshe (School of Natural and Built Environments, University of South Australia)
- 발행 : 2011.02.16
초록
Construction projects are full of risks. This is particularly the case in civil construction projects that are often featured with large scale, complexity and involving a large number of participating parties. The eventuation of risks typically results in extended project durations leading to an increase in the total project budget. The consequence can be amplified considering the significant impacts of civil construction projects on the society, from economical, environmental and social perspectives. This research investigates the significance of risks within civil construction projects and approaches to deal with risks. Semi-structured interviews were undertaken with local industry practitioners in South Australia on this matter. It is found that the industry is fairly aware of risks associated with civil construction projects and subsequently has procedures in place to attempt to minimize the impacts of these risks on the project outcomes. The interview results also indicate that there is limited utilization of software for the risk management purpose from the cost estimation perspective.