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https://scholarbank.nus.edu.sg/handle/10635/150935
Title: | RISK MANAGEMENT OF CONSTRUCTION PROJECTS IN DEVELOPING COUNTRIES | Authors: | MOHAMMAD ASHRAFUL HOQUE | Keywords: | Risk Construction project Risk management Developing countries |
Issue Date: | 2001 | Citation: | MOHAMMAD ASHRAFUL HOQUE (2001). RISK MANAGEMENT OF CONSTRUCTION PROJECTS IN DEVELOPING COUNTRIES. ScholarBank@NUS Repository. | Abstract: | Shifting of global economy has increased business opportunity worldwide and such development has attracted many contractors into international construction market, especially in developing countries. Risk is inherently presented in all construction projects from start to end and involved in expanding operation in a new environment. This paper identifies the risks associated with construction project and examines their criticality and effective mitigation measures, especially in developing countries. Based on survey four risk factors are considered very critical; Adequacy of Project Financing Source, Exchange Rate & Convertibility, Reliability & Creditworthiness of Local Government Entities, Change in Laws. The mitigating measures for each of these risks were evaluated as effective or very effective and only few of them are regarded as fairly or less effective. A risk management framework is proposed to help contractors to identify project risks and to systematically analyze and manage them. | URI: | https://scholarbank.nus.edu.sg/handle/10635/150935 |
Appears in Collections: | Master's Theses (Restricted) |
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