Risk Management Practices in Qatar

Ayodeji E. Oke, Pelumi E. Adetoro, Seyi S. Stephen, Clinton O. Aigbavboa (), Lukman O. Oyewobi () and Douglas O. Aghimien
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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 4 in Risk Management Practices in Construction, 2023, pp 33-43 from Springer

Abstract: Abstract Risk can be viewed as a crucial issue that must be addressed in all sectors. This chapter provided a broad overview of risks in Qatar and its management, particularly in the construction industry. As construction project planning and execution often necessitates the participation of individuals with varying skill sets coupled with coordination of a wide variety of distinct but linked tasks, the concept of risk assessment is crucial toward achieving the project in sight. The chapter examined some of the tools for effective risk management and how they can be applied in the construction industry. The chapter further identified some of the prevailing challenges as well as the benefits of implementing a risk management process in the Qatari construction industry.

Keywords: Construction risk; Project delivery; Risk conceptualization; Risk planning; Risk variety; Sustainable construction (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-35557-8_4

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DOI: 10.1007/978-3-031-35557-8_4

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