MODELING OF “RISK MANAGEMENT” ASSESSMENT IN THE CONSTRUCTION PROJECT MANAGEMENT SYSTEM
DOI:
https://doi.org/10.24025/2306-4412.2.2018.162522Keywords:
risk management maturity, construction project management, construction developer company.Abstract
The basic processes, methods and tools of the project risk management in the knowledge system “Guide to the Project Management Body of Knowledge” outlined. The theoretical and practical approaches to managing risk events affecting the cost, terms, quality of construction projects analysed. The correlation matrix of risk management processes to “tools and methods” of their implementation compiled.
It is proposed to highlight the risk components as an important condition for the developer’s technological maturity in construction projects, programs, portfolio management. The risk manage-ment maturity model for the context of construction project risk management is developed. The math-ematical description for the evaluation of five maturity levels of risk management presented. The re-strictions of the target function of maturity “Risk Management” for each of the levels defined.
The developed assessment tool is applicable for the work of top management of construction and development companies. It will be useful to self-assess progress in the development of risk-sustainable management. It is effective in choosing the actions necessary to move to a higher level of maturity. It is noted that the author's approach requires further scientific and practical development in the direction of operations with specific data.
Downloads
How to Cite
Issue
Section
URN
License
Copyright (c) 2020 Т. Г. Фесенко, Moхамед Абдулсалам Сієк Алі The authors who publish in this journal agree to the following terms:The authors reserve the right to authorship of their work and give the journal the right to first publish this work under the terms of the Creative Commons Attribution License CC BY-NC, which allows other persons to freely distribute published work with a mandatory reference to authors of the original work and the first publication of the work in this journal.
Authors have the right to conclude separate additional agreements for the non-exclusive distribution of the paper in the form in which it was published by this journal (for example, posting work in electronic repository or publishing as part of a monograph), provided that the link to the first publication in this journal is maintained.
The journal policy allows and encourages authors to post on the Internet (for example, in repositories of institutions or on personal websites) the manuscript of work, both before the submission of this manuscript to the editorial staff, and during its editorial work, as it contributes to the emergence of productive scientific discussion and positively affects the efficiency and dynamics of published work citation (see The Effect of Open Access).