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Title |
Establishing Risk Management Process for Improved Business Value of a Multi-Purpose Building Project
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Authors |
이종식(Jong-Sik Lee) ; 조승호(Seung-Ho Cho) |
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DOI |
https://doi.org/10.11112/jksmi.2018.22.1.064 |
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Keywords |
복합시설물 ; 리스크 관리 ; 불확실성 ; 확률-영향 행렬 Multi-purpose building ; Risk management ; Uncertainty ; Probability and impact matrix |
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Abstract |
Project Management Institute of America separates the types of risk with external risks and internal risks. The external risk is an uncontrollable risk in projects such as changes of policy and related systems, climate, natural disasters, exchange rates and so on. The internal risk is an existing risk in the project itself that is controllable items in the project. Technical risks in project management are cost, quality, time, safety and environment. Therefore, both the external and internal risks should be managed to perform the construction project successfully. In particular, we can secure the quality and safety of facilities through the technical risk management. The importance of potential risk management has been emerging as a major interest and the lack of risk management delays projects and increases construction costs with negative effects of the building safety since the complex building, which is composed of a great number of facilities, consists of many project units and there are conflicts between various participants and stake-holders. This study presents the ways of establishing risk management processes to ensure the safety of the complex building. To that end, establishing procedure of risk management processes is presented and types of risk and factors in construction projects and counter strategies are presented as available risk information on the stages.
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