The Assessment of Risk Management & Engineering Management Practices at Project Planning Phase on Performance of Construction Projects

Shahid Iqbal, Nabeel Ehtisham, Syed Farqaleet K. Bukhari and Shahid Mahmood

Journal of Business and Social Review in Emerging Economies, 2020, vol. 6, issue 4, 1369-1378

Abstract: Project Risk management is known as an important workout for the achievement of desired objectives for the construction projects. Success in construction project is quantified by attaining its enactment in terms of project quality, project cost, project time, project safety. Construction projects in Pakistan, typically in the whole world have a high risk of being pointedly late and over budget. However, a bit of schedule and cost related risks are unavoidable in any construction project around the world.It was found out that the engineers were generally nominated earlier the design phase of any project. Due to this reason maximum projects did not get the advantage from SMEs at the planning stage of the project. This study also supports that project managers who are engineers be involved in construction projects site selection, in preliminary budget and schedule development by using good Engineering Management Practices.

Keywords: Project Risk Management; Engineering Management, Project Planning; Construction Project Success (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:src:jbsree:v:6:y:2020:i:4:p:1369-1378

DOI: 10.26710/jbsee.v6i4.1446

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