Open AccessA SYSTEMATIC REVIEW AND ANALYSIS OF RISK ASSESSMENT IN HIGHWAY CONSTRUCTION PROJECTS
Author(s) -
Ismail Nur Ismail Nur,
Humiras Hardi Purba,
Aleksander Purba
Publication year - 2020
Publication title -
operational research in engineering sciences theory and applications
Language(s) - English
Resource type - Journals
eISSN - 2620-1747
pISSN - 2620-1607
DOI - 10.31181/oresta20303029a
Subject(s) - risk analysis (engineering) , risk assessment , identification (biology) , risk management , road construction , risk management plan , process (computing) , project management , pre construction services , construction management , valuation (finance) , project risk management , construction engineering , engineering , transport engineering , project planning , computer science , it risk management , project management triangle , business , civil engineering , systems engineering , computer security , finance , operating system , biology , botany
Before planning and managing risks to reduce the causes of severe risks associated with road construction, it is very important to conduct an evaluation first. Aspects related to risk are convoluted in several steps from design to planning to project fulfillment. This research aims to implement a complete risk management process for highway construction projects. Through this process, there will be a list of risks in the highway construction project (risk identification) and the definition of the most significant risk through the application of the evaluation process (applying risk analysis and valuation). To successfully improve the performance of road projects, it is necessary to identify and assess various risk factors in a project for efficient project fulfillment. The research method begins by reviewing at least 50 articles to find a list of the main risk factors that might be encountered during highway construction. This analysis involves the identification, classification, and assessment of various risks involved in the construction of a highway project.
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