Title A Study for Selecting the Plant Project Risk Management Check List
Authors Choi, Doo-hoi ; Bang, Hong-soon ; Lee, Tae-hyeong ; Kim, Ok-kyue
DOI http://dx.doi.org/10.6106/KJCEM.2018.19.1.054
Page pp.54-64
ISSN 2005-6095
Keywords Risk ; Project Risk Management ; Check List
Abstract Currently, as construction businesses develop and diversity, risk became one of the most crucial considerations. Risks are potential and difficult to predict by nature. Also, they are important as they influence delay in construction period and increase of project costs. In construction projects in South Korea and elsewhere, the importance of risk management widely recognized and relevant research is being conducted continuously. The companies use PRM checklist but apply different criteria and items. For efficient risk management in plants, plant PRM checklist is necessary. This study analyzed risk factors that are taken into account in construction projects and proposed a plant PRM checklist based on case analysis and opinions of experts. Also, it ratedt he frequency and importance of each risk.