Identification Of Risk Sources In Construction Project Networks And The Efficient Means Of Managing Network Risks

Tawfig Khidir Ibnouf Adham

Abstract


      The construction industry is a complex and dynamic sector that involves many interconnected project networks. Despite significant advancements in risk management practices, risks are inherent in construction project networks, and they can significantly impact the performance and success of these networks. This research aims to identify the risk sources commonly encountered in construction project networks and explore efficient ways to manage network risks. The study employed a literature review approach to gather data from existing literature and identify gaps in the current understanding of risk management practices in construction project networks. The findings demonstrate that risk management in construction projects is not solely about identifying and mitigating potential threats but also about creating positive relationships among stakeholders, such as clients, contractors, subcontractors, and suppliers.

Keywords


Risk Sources, Construction Project Networks, Managing Network Risks

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References


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DOI: http://dx.doi.org/10.52155/ijpsat.v37.2.5189

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