Please use this identifier to cite or link to this item: 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: http://scholarbank.nus.edu.sg/handle/10635/150935
Appears in Collections:Master's Theses (Restricted)

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