Risk Assessment; Planning; Management; Risk; Identification of Risk, Impact.
Abstract
Risk assessment is necessary for the planning and management of risks to minimize the adverse impacts of risks involved in highway construction. Risk factors are involved at every stage from designing and planning stages to completion of project. To enhance successful performance on highway construction projects, risk factors of the projects have to be identified, assessed and minimized for scheduled, safe and costeffective completion of the projects. This study involves identification, classification and assessment of various risks in construction of highway projects using Relative Importance Index (RII). Further, risk factors are ranked according to their impacts.
Article Details
Unique Paper ID: 151446
Publication Volume & Issue: Volume 8, Issue 1
Page(s): 30 - 37
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