Revolutionizing Construction Projects: Managing Risk for Safer, Efficient Builds.
The article discusses how to manage risks in construction projects by understanding project environments, human aspects, risk and value management, qualitative methods, and quantitative methods. It emphasizes the importance of identifying and addressing risks throughout the project phases to ensure successful risk management. The researchers provide guidelines for risk sessions, communication, and using risk logs to formulate strategies. They also highlight the significance of probabilistic analysis and responding effectively to engineering risks for successful risk management in construction projects.