Risk Management in Engineering and Construction PDF
By:Stephen Ogunlana,Prasanta Kumar Dey
Published on 2019-09-09 by Routledge
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Today’s businesses are driven by customer ‘pull’ and technological ‘push’. To remain competitive in this dynamic business world, engineering and construction organizations are constantly innovating with new technology tools and techniques to improve process performance in their projects. Their management challenge is to save time, reduce cost and increase quality and operational efficiency. Risk management has recently evolved as an effective method of managing both projects and operations. Risk is inherent in any project, as managers need to plan projects with minimal knowledge and information, but its management helps managers to become proactive rather than reactive. Hence, it not only increases the chance of project achievement, but also helps ensure better performance throughout its operations phase. Various qualitative and quantitative tools are researched extensively by academics and routinely deployed by practitioners for managing risk. These have tremendous potential for wider applications. Yet the current literature on both the theory and practice of risk management is widely scattered. Most of the books emphasize risk management theory but lack practical demonstrations and give little guidance on the application of those theories. This book showcases a number of effective applications of risk management tools and techniques across product and service life in a way useful for practitioners, graduate students and researchers. It also provides an in-depth understanding of the principles of risk management in engineering and construction.
This Book was ranked at 12 by Google Books for keyword Risk Management.
Book ID of Risk Management in Engineering and Construction's Books is Hzz3DwAAQBAJ, Book which was written byStephen Ogunlana,Prasanta Kumar Deyhave ETAG "jcpnd4awjl8"
Book which was published by Routledge since 2019-09-09 have ISBNs, ISBN 13 Code is 9781134019298 and ISBN 10 Code is 1134019297
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Book which have "458 Pages" is Printed at BOOK under CategoryTechnology and Engineering
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