New approach revolutionizes risk identification in construction projects.
The article introduces a new method for identifying risks in construction projects to improve decision-making. The researchers developed a new approach called "Risk Source" and "Risk Event" Breakdown Structures to better understand and classify risks. By addressing the limitations of current risk identification tools and concepts, the study aims to enhance the management of complex environments. The key finding is that a comprehensive risk identification process is crucial for project success, as unidentified risks cannot be properly assessed and may pose a threat later on.