Ceric, A (2003) A framework for process-driven risk management in construction projects. PhD thesis, University of Salford, UK.
Abstract
This thesis describes the development of a framework for a systematic approach to risk management in construction projects, whose application in construction practice would lead to changes and improvements in the construction industry. To verify and apply the framework in future construction projects, the author developed the PPRisk computer programme as IT support. Before showing how the framework was developed, there is a survey of what has been written on the subject and a systematic analysis of risk management, risk in construction and process in construction. This led to the conclusion that realising a construction project is a process and that the risk management process should be subordinated to the construction process. A new approach was therefore introduced to managing risks: process-driven risk management. This approach will give all the participants in the project better understanding of the construction process, enable changes in the construction industry, and contribute to improvement of quality and efficiency in construction. An analysis of published plans of work showed that the Construction Process Protocol, developed at the University of Salford under the leadership of Professor R. Cooper, is suitable and appropriate as a construction process in which the framework for process-driven risk management can be placed. Process-driven risk management implies a cyclical risk management process in all the phases through which the construction project passes according to Process Protocol. Key risks are identified in the framework, which are independent of the size, type and purpose of the project being realized. Project related risks should be separately identified for each specific project. Depending on available data, quantitative and qualitative analysis is carried out for the identified risks, their risk probability and risk impact determined, and the corresponding risk exposure calculated. Then the adequate risk response is given for each identified risk, depending on its exposure. As the process unfolds new risks appear in each phase and the risk management process begins a new.
| Item Type: | Thesis (Doctoral) |
|---|---|
| Uncontrolled Keywords: | construction project; efficiency; leadership; probability; process analysis; qualitative analysis; risk management; survey |
| Index terms: | efficiency, construction industry, process analysis, risk management, risk response, risk impact, programme, survey, exposure, construction project, construction process, qualitative analysis |
| Subjects: | risk assessment, data collection methods, research design and methodology, industry analysis, environmental hazards, project controls, building construction, production management, financial risk, management, performance management, public and environmental health |
| Topics: | Quality Management, Health and Safety, Project Management, Risk Management, Sustainability, Time Control, Site Management, Cost Management, Business Strategy, Research Practice |
| Descriptive scope: | 5 PCTEA |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here