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Valuation the Impact of Risks on the Goals and the Safety of Construction Projects in Iraq | ||
| Journal of Engineering | ||
| Article 1, Volume 21, Issue 4, 2015, Pages 1-19 | ||
| Author | ||
| Entisar Kadhim Rasheed | ||
| Abstract | ||
| Construction projects have a special nature and affect them many factors making them exposed to multiple risks as a result of the length of the implementation period and the multiplicity of stages, starting from the decision stage through implementation until the final delivery, which leads to increased uncertainty and the likelihood of risk. The process of analysis and risk management is one of the effective and productive methods that are used in managing the construction projects for the purpose of increasing the chances of ending the project successfully in terms of cost, time and quality and at the lowest possible problems. The research aims first to the effective planning for analysis and risk management with different levels of importance according to specific strategy and effective based on experts in the field of risk management and, second, reaching measures to respond to the risks in order to ensure the management of these risks in construction projects. In this research a number of risks are identified which that have been incurred actually after studying a number of completed construction projects and theoretical studies and interview a number of experts in the construction industry to determine the impact of these risks in each of the project's objectives and safety. It appeared that the most important risks in construction projects in Iraq is ( the lack of drawings for networks service through the site such as electrical drawings, phone, water, etc.) and ( differences between the implementation and the required specifications because of a misunderstanding of the plans and specifications, It also appeared that the biggest effect of the risks is the on the duration of the project and the least was on occupational safety, and the best response to the risk is to fix certain conditions in the contract followed by other responses. | ||
| Keywords | ||
| Risk; uncertainty; risk management; risk analysis; construction projects | ||
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