Open AccessPrediction of Climate Risk Management in Infrastructure Projects
Publication year - 2019
Publication title -
international journal of innovative technology and exploring engineering
Language(s) - English
Resource type - Journals
ISSN - 2278-3075
DOI - 10.35940/ijitee.k1041.09811s219
Subject(s) - schedule , risk management , project risk management , risk management plan , risk assessment , productivity , climate change , risk analysis (engineering) , project management , cost contingency , cost estimate , business , environmental resource management , operations management , engineering , it risk management , environmental science , project management triangle , computer science , economics , finance , ecology , computer security , systems engineering , biology , macroeconomics , operating system
Risk Management in Construction Project is playing important role to achieve successes of the Project. Risk is in everywhere and every project particularly in construction has innumerable risks occurring before construction and during construction period. Most of the risks are repeatedly occurring but the impact & probability of risk is varying. However, the climate risk may lead to impact the Time, Cost and losing an opportunity Cost of the project. This study is to create a model for risk data collection, risk analysis, risk interpretation with the combination of project schedule and cost, India climate is varying from states to states especially the annual number of raining days different from 10 to 130 days throughout India and its impact the construction schedule 3% to 36% on average, Temperature is verifying for winter (0C to 25C) and summer (25C to 50C) is also impact the productivity of project this will reflected in the Project Cost 1% to 10% on average. The History of Climate we can identify the Climate Risk, Environment Risk, impact the time and Cost. However, this paper is measuring and handling risks to help for upcoming construction projects.