Risks & Deterrents in Construction Projects

Risks & Deterrents in Construction Projects PDF Author: Pawan Dua
Publisher: Notion Press
ISBN: 1636697232
Category : Technology & Engineering
Languages : en
Pages : 135

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Book Description
Risks add threats and thrills in projects. Risks have the ability to fail or cause losses, or even doom to projects. Projects always have higher risks than reflected in the risk registers. Under the current VUCA environment, construction projects are exposed to the highest risks, uncertainties and deterrents. The best-planned projects also encounter risks and even experts cannot zero down the risks completely. Thus, it needs a culture, system and spirit to manage risks. By applying risk management, teams can curb the impact and probability of negative risks and exploit and enhance opportunities in projects. The objective of the book is to inculcate the culture of professional risk management, involving subject specialists and conduct risk management in a structured manner. It is not the exclusive responsibility of the sales manager, tender manager, project manager, lawyers and risk experts to manage risks, rather a collective responsibility of the entire team and organization. This book is a bible to support professionals who are practising or willing to make their career in the management of construction, risks, contracts, or project domains.

Risks & Deterrents in Construction Projects

Risks & Deterrents in Construction Projects PDF Author: Pawan Dua
Publisher: Notion Press
ISBN: 1636697232
Category : Technology & Engineering
Languages : en
Pages : 135

Get Book Here

Book Description
Risks add threats and thrills in projects. Risks have the ability to fail or cause losses, or even doom to projects. Projects always have higher risks than reflected in the risk registers. Under the current VUCA environment, construction projects are exposed to the highest risks, uncertainties and deterrents. The best-planned projects also encounter risks and even experts cannot zero down the risks completely. Thus, it needs a culture, system and spirit to manage risks. By applying risk management, teams can curb the impact and probability of negative risks and exploit and enhance opportunities in projects. The objective of the book is to inculcate the culture of professional risk management, involving subject specialists and conduct risk management in a structured manner. It is not the exclusive responsibility of the sales manager, tender manager, project manager, lawyers and risk experts to manage risks, rather a collective responsibility of the entire team and organization. This book is a bible to support professionals who are practising or willing to make their career in the management of construction, risks, contracts, or project domains.

Risks Deterrents in Construction Projects

Risks Deterrents in Construction Projects PDF Author: Pawan Dua
Publisher:
ISBN: 9781636697222
Category :
Languages : en
Pages : 212

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Book Description
Risks add threats and thrills in projects. Risks have the ability to fail or cause losses, or even doom to projects. Projects always have higher risks than reflected in the risk registers. Under the current VUCA environment, construction projects are exposed to the highest risks, uncertainties and deterrents. The best-planned projects also encounter risks and even experts cannot zero down the risks completely. Thus, it needs a culture, system and spirit to manage risks. By applying risk management, teams can curb the impact and probability of negative risks and exploit and enhance opportunities in projects. The objective of the book is to inculcate the culture of professional risk management, involving subject specialists and conduct risk management in a structured manner. It is not the exclusive responsibility of the sales manager, tender manager, project manager, lawyers and risk experts to manage risks, rather a collective responsibility of the entire team and organization. This book is a bible to support professionals who are practising or willing to make their career in the management of construction, risks, contracts, or project domains.

The Owner's Role in Project Risk Management

The Owner's Role in Project Risk Management PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 0309095182
Category : Transportation
Languages : en
Pages : 102

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Book Description
Effective risk management is essential for the success of large projects built and operated by the Department of Energy (DOE), particularly for the one-of-a-kind projects that characterize much of its mission. To enhance DOE's risk management efforts, the department asked the NRC to prepare a summary of the most effective practices used by leading owner organizations. The study's primary objective was to provide DOE project managers with a basic understanding of both the project owner's risk management role and effective oversight of those risk management activities delegated to contractors.

How to Manage Project Opportunity and Risk

How to Manage Project Opportunity and Risk PDF Author: Stephen Ward
Publisher: John Wiley & Sons
ISBN: 1119966655
Category : Business & Economics
Languages : en
Pages : 520

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Book Description
Since I wrote the Foreword for the second edition of this book, risk management processes have become much more widely used, but controversy about what should be done and how best to do it has grown. Managing risk is a risky business. Chapman and Ward provide an in-depth explanation of why it is important to understand and manage underlying uncertainty in all its forms, in order to realise opportunities more fully and enhance corporate performance. They show what best practice should look like. The implications go well beyond the conventional wisdom of project risk management, providing an enlightening new perspective. —Professor Tony M. Ridley Imperial College London, Past President, Institution of Civil Engineers Chris Chapman and Stephen Ward continue to educate the profession with this masterful exposition of the differences between, and the potentials for combinations of, risk, uncertainty and opportunity. Particularly welcome is the way they integrate this trio into the project lifecycle – the bedrock of project management control and organization. —Peter W.G. Morris Head of School and Professor of Construction and Project Management University College London Chris Chapman and Stephen Ward’s books on Project Risk Management have been an essential part of my repertoire for twenty years, and they are top of my recommended reading for the courses I do on that subject. In this book they have enhanced their previous work to focus on uncertainty management and emphasise more strongly opportunities for improving project performance, rather then just identifying what can go wrong. A structured process is an essential part of managing project uncertainty, and their process is one of the most powerful. This book will be added to my repertoire. —Rodney Turner Professor of Project Management, SKEMA Business School Lille A profoundly important book. With How to Manage Project Opportunity and Risk, Chris Chapman and Stephen Ward take a good thing and make it better. Members of the project management profession have been influenced for years by their insights into project risk management. With this latest instalment the authors demonstrate that risk and uncertainty needn’t be dreaded; in fact, the reverse side of the ‘risk coin’ has always been opportunity. My sincere appreciation to Chapman and Ward for turning this particular coin over and showing readers, academic and practitioner alike, the opportunity embedded in managing projects. —Jeffrey K. Pinto Andrew Morrow and Elizabeth Lee Black Chair in Management of Technology Sam and Irene Black School of Business, Penn State Erie

Sustainable Value Management for Construction Projects

Sustainable Value Management for Construction Projects PDF Author: Ayodeji E. Oke
Publisher: Springer
ISBN: 331954151X
Category : Architecture
Languages : en
Pages : 201

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Book Description
This book provides a unique guide to value management and sustainability in construction to researchers and professional. The book provides a better understanding of the concept of value management, the basis of sustainable construction and thereafter, demonstrates how using the principles of value management can help to achieve successful construction projects that are financially viable, socially beneficial and do not damage the environment. The book serves as an introduction to value management for scholars and researchers at all levels; and also as a practical guide for construction professionals, employers and other stakeholders in the construction industry.

Managing Project Risks

Managing Project Risks PDF Author: Peter J. Edwards
Publisher: John Wiley & Sons
ISBN: 1394263805
Category : Architecture
Languages : en
Pages : 516

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Book Description
A comprehensive and highly practical overview of project risk management emphasising pragmatic solutions and user-friendly methods without advanced mathematical techniques Managing Project Risks provides a comprehensive treatment of project risk management, offering a systematic but easy-to-follow approach. This book explores critical topics that influence how risks are managed, but which are rarely found in other books, including risk knowledge management, cultural risk-shaping, project complexity, political risks, and strategic risk management. The book commences with foundational concepts, providing an overview of risk, project definitions, project stakeholders, and risk management systems. Subsequent chapters explore the core processes of project risk management, including risk identification, analysis, evaluation, response strategies, and risk monitoring and control. Additional topics include risk knowledge management, the influence of culture on risk, political risks in projects, and relevant software applications. Experienced readers may choose to navigate directly to the later chapters, which focus on strategic risk management and offer recommendations for planning, building, and maturing a project risk management system. Throughout, the authors impart a practical approach that does not rely on high level expertise or advanced mathematical techniques; the emphasis remains on pragmatic solutions, user-friendly techniques, and reliable communication, enabling readers to seamlessly integrate theory into practice. Updates to the newly revised Second Edition of Managing Project Risks include: Additional tools and techniques for risk identification and an expanded treatment of risk communication A new tool for early-stage project complexity assessment—the stage where uncertainties, and thus threat and opportunity risks, are at their highest level A more substantial treatment of planning for crisis response and disaster recovery, taking into consideration climate change and the increasingly prevalent impacts of severe weather phenomena More information on strategic risk management, now including public and organizational policy development with respect to risks in projects Managing Project Risks is an essential resource for practitioners of project management across architecture, construction, engineering, and technology disciplines, for undergraduate and postgraduate students, and for public and private sector stakeholders involved in decision-making and policy development. It is useful wherever project-driven activities are undertaken.

Principles of Construction Safety

Principles of Construction Safety PDF Author: Allan St John Holt
Publisher: John Wiley & Sons
ISBN: 0470680245
Category : Technology & Engineering
Languages : en
Pages : 288

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Book Description
The construction industry has not had a good record on health and safety and faces tough legal and financial penalties for breaches of the law. This book provides a unique resource for all those who construct or procure the construction of projects of all sizes and in all countries and for clients who need to keep abreast of their own and their contractors' responsibilities. It gives practical guidance on best practice, including: measuring performance and recording information developing a safety policy and method statements assessing risk training and understanding people the basics of the construction/environment interface The book addresses several topics not found in other reference works, discussing techniques of health and safety and basic environmental management as applied to the industry. It uniquely provides 50 quick reference guides setting out solutions to common problems. These include falls, manual and mechanical handling, work with asbestos and noise. It also summarises the main UK legal requirements on construction safety and health and includes a number of useful checklists and model forms. Written by a very experienced health and safety practitioner, who is also author of the highly successful IOSH book Principles of Health and Safety at Work, this book will be welcomed by all responsible for health and safety. It will also provide an excellent text for the NEBOSH (National Examination Board in Occupational Safety and Health) Construction Safety and Health national certificate.

The future of the UK's strategic nuclear deterrent

The future of the UK's strategic nuclear deterrent PDF Author: Great Britain: Parliament: House of Commons: Defence Committee
Publisher: The Stationery Office
ISBN: 0215031784
Category : Technology & Engineering
Languages : en
Pages : 178

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Book Description
In its White Paper (published in December 2006 as Cm 6994, ISBN 0101699425) on the future of the UK's nuclear deterrent, the Government reaffirmed its commitment to maintain the submarine-based Trident weapons system. This will require the procurement of a new generation of nuclear-powered Trident submarines to replace the current fleet of Vanguard-class submarines. Following on from the Committee's earlier report on the strategic context and timetable for decision-making on the renewal of the UK's nuclear deterrent (HCP 986, session 2005-06; ISBN 0215029445), this report focuses on issues related to the UK manufacturing and skills base. These include: the level of investment needed to sustain essential infrastructure and core skills in the UK submarine construction industry; the potential consequences of a gap in the submarine building programme for the long-term viability of the domestic manufacturing and skills base; the implications of the rationalisation of the UK shipbuilding industry for the construction, maintenance and affordability of a Vanguard-class successor; and the linkage between the Government's Defence Industrial Strategy and the decision on retention, replacement or abolition of the UK's Trident system. It also examines the Government's investment programme at the Atomic Weapons Establishment and the possible impact of a new civil nuclear build programme for the retention of nuclear skills and expertise in the military sector.

Collaborative Risk Mitigation Through Construction Planning and Scheduling

Collaborative Risk Mitigation Through Construction Planning and Scheduling PDF Author: Lana Kay Coble
Publisher: Emerald Group Publishing
ISBN: 1787431479
Category : Technology & Engineering
Languages : en
Pages : 173

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Book Description
In the complex, cash-strapped, high pressure world of modern construction, what do you do when something goes wrong? This work looks beyond the best-case scenario to give project managers, contractors, architects and engineers the tools to prepare effectively for the unexpected.

Civil Engineering Project Procedure in the EC

Civil Engineering Project Procedure in the EC PDF Author: P. A. Cox
Publisher: Thomas Telford
ISBN: 9780727716392
Category : Technology & Engineering
Languages : en
Pages : 224

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Book Description
This book presents a wide ranging review of current civil engineering project procedure in the European construction market. It explains the options available when considering a financial venture abroad, whilst giving a truly international insight into the technical, legal, professional, financial and cultural implications of a construction industry without frontiers.