Risk Assessment in Construction Projects: A Case of Housing Project


Kazaz A., Arslan G.

7th International Project and Construction Management Conference (IPCMC 2022), İstanbul, Türkiye, 20 - 22 Ekim 2022, ss.1032-1043

  • Yayın Türü: Bildiri / Tam Metin Bildiri
  • Basıldığı Şehir: İstanbul
  • Basıldığı Ülke: Türkiye
  • Sayfa Sayıları: ss.1032-1043
  • Akdeniz Üniversitesi Adresli: Evet

Özet

Development of technology and rapid change in customer needs; increase the competition in the construction sector and decrease the profit share of the projects. This situation makes it mandatory for companies to minimize the deviations that may occur in the project's time, quality, and cost objectives. Studies show that risk management will contribute positively to achieving these objectives successfully. Risk management is a cycle consisting of the stages of identifying and evaluating risks, taking counter-strategies and monitoring risks. In line with the studies carried out, it has been revealed that the realistic identification and evaluation of risks is inevitable for a successful risk management. In this study, it is aimed to determine and evaluate the risks frequently encountered in construction projects. A housing project was taken as a case study and risks were identified and evaluated as a result of expert opinions and literature review. According to the results obtained, the three risk groups with the highest impact for construction projects are organizational risks, financial risks and construction risks.