General Summary on Risk Management

Ayodeji E. Oke, Pelumi E. Adetoro, Seyi S. Stephen, Clinton O. Aigbavboa (), Lukman O. Oyewobi () and Douglas O. Aghimien
Additional contact information
Ayodeji E. Oke: Federal University of Technology Akure
Pelumi E. Adetoro: Malawi University of Business and Applied Sciences
Seyi S. Stephen: University of Johannesburg
Clinton O. Aigbavboa: University of Johannesburg
Lukman O. Oyewobi: Federal University of Technology Minna
Douglas O. Aghimien: De Mont Fort University

Chapter Chapter 13 in Risk Management Practices in Construction, 2023, pp 155-172 from Springer

Abstract: Abstract Risk management is designed toward getting the best value on construction project by addressing and assessing possible risks either at the onset of construction or at any phases of the project execution. In a bid to understanding the general ideology behind risk management practice in both developed and developing construction industries across selected nations, this chapter inferred that even though there are similarities in terms of concept delivery, there are subsequent differences that influence how construction professionals in both regions execute risk management practice. This constituents differences in project method, delivery, and output in relation to financial resources, technology and innovation, knowledge and expertise, and regulatory framework.

Keywords: Construction risk; Project management; Project risk; Sustainable construction; Sustainable risk; Value management (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-35557-8_13

Ordering information: This item can be ordered from
http://www.springer.com/9783031355578

DOI: 10.1007/978-3-031-35557-8_13

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().