Open AccessRisk Management Model using Cause and Effect Analysis in Industrial Building Project
Author(s) -
Oki Oktaviani,
Budi Susetyo,
Bambang Purwoko Kusumo Bintoro
Publication year - 2021
Publication title -
international journal of research and review
Language(s) - English
Resource type - Journals
eISSN - 2454-2237
pISSN - 2349-9788
DOI - 10.52403/ijrr.20210832
Subject(s) - scope (computer science) , work (physics) , risk management , risk management plan , risk assessment , project risk management , risk analysis (engineering) , event (particle physics) , business , project management , operations management , process management , it risk management , engineering , computer science , project management triangle , systems engineering , mechanical engineering , physics , computer security , finance , quantum mechanics , programming language
The purpose of this study is to determine the main potential risks that occur in the design planning stage of a construction project, especially in an Industrial Building project. Based on the available literature and the experiences of other authors and practitioners, a list of potential risks was developed. Risks events were initially categorized into technical, project management, commercial and external categories. Risks are evaluated by professional practitioners who have experience in construction projects. The evaluation includes the expected likelihood of the event and its impact on changes in scope of work. This study considers each risk among owners, consultants, contractors and others. The data collected were analyzed qualitatively and quantitatively to assess the severity and impact of the event. The recommended responses to major risks are introduced in this study.Keywords: risk management model, planning stage, industrial building.