Open AccessThe Level of Influence of Human and External Risks on a Construction Company’s Sustainability
Author(s) -
Ivan Abramov,
Zaid Ali Kadhim AlZaidi
Publication year - 2020
Publication title -
iop conference series. materials science and engineering
Language(s) - English
Resource type - Journals
eISSN - 1757-899X
pISSN - 1757-8981
DOI - 10.1088/1757-899x/753/4/042043
Subject(s) - sustainability , business , work (physics) , production (economics) , affect (linguistics) , construction industry , risk management , risk analysis (engineering) , environmental economics , finance , economics , engineering , construction engineering , mechanical engineering , ecology , linguistics , philosophy , biology , macroeconomics
The impact human and external risks in construction projects, which significantly affect the production activities and sustainable functioning of construction companies is very relevant. This article describes the human and some external risks affecting the sustainability functioning of construction companies. The authors examined internal risks staff can be exposed, as well as external risks that may affect the work of construction companies, how they are analyzed and evaluated, as well as identified there reasons to increase the competitiveness of contracting companies to manage any potential risks during construction and after operating facility, This will prevent losses and increase company’s sustainability in the labor market. this research paper aims at analyzing the impact of human risks, on sustainability and assessing, as well as determining their frequency and the likelihood of occurrence of these risks, their impact on the construction project and on a company. Mathematical and statistical methods as well as algorithms were used in this research. This research indicates that risks of all kinds shall be accurately, determined in addition to indicating the importance of each of them and assessing the likelihood occurrence of these risks. To determine methods and procedures that could decrease the chances of these risks leading to increased construction company’s sustainability in the labor market.