Developing a Risk Management Process for Infrastructure Projects Using IDEF0

Hui-Ping Tserng, I-Cheng Cho, Chun-Hung Chen and Yu-Fan Liu
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Hui-Ping Tserng: Department of Civil Engineering, National Taiwan University, No. 1, Sec. 4, Roosevelt Road, Taipei 10617, Taiwan
I-Cheng Cho: Department of Civil Engineering, National Taiwan University, No. 1, Sec. 4, Roosevelt Road, Taipei 10617, Taiwan
Chun-Hung Chen: Second District Project Office, Department of Rapid Transit Systems, Taipei City Government, No. 7, Lane 48, Sec. 2, Zhongshan N. Rd, Taipei 10537, Taiwan
Yu-Fan Liu: CTCI Smart Engineering Corporation, No. 16, Lane 270, Sec. 3, Bei Shen Road, New Taipei City 11155, Taiwan

Sustainability, 2021, vol. 13, issue 12, 1-22

Abstract: The Mass Rapid Transit (MRT) project is a massive, large-scale construction venture with a complex interface. In order to reduce the risk of disasters and industrial accidents in the project and to save costs, a simple and flexible risk management system is necessary for projects such as MRT. A set of risk management processes was identified through a literature review and data collection, and the Integration Definition for Function Modeling (IDEF0) process was used for logical analysis. The IDEF0 diagram clearly depicts the items to be delivered at each interface, and risk is reduced by facilitating the flow of data on various risk items. The results of this research will be applied to other practical projects, with special emphasis on the project planning and design stages. Future work will verify whether the implementation of the proposed risk management process does indeed effectively reduce risks in the completed project.

Keywords: risk management; risk process; project management; IDEF0; risk system implementation (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2021
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