IJIRST (International Journal for Innovative Research in Science & Technology)ISSN (online) : 2349-6010

 International Journal for Innovative Research in Science & Technology

Risk Management Strategies in Construction Companies in India


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International Journal for Innovative Research in Science & Technology
Volume 2 Issue - 10
Year of Publication : 2016
Authors : Danish Ali ; Alvin Harison

BibTeX:

@article{IJIRSTV2I10004,
     title={Risk Management Strategies in Construction Companies in India},
     author={Danish Ali and Alvin Harison},
     journal={International Journal for Innovative Research in Science & Technology},
     volume={2},
     number={10},
     pages={6--8},
     year={},
     url={http://www.ijirst.org/articles/IJIRSTV2I10004.pdf},
     publisher={IJIRST (International Journal for Innovative Research in Science & Technology)},
}

Abstract:

Risk Management comprises of identification of risk, quantitative or qualitative assessment of risk, selecting the most suitable method for handling risk then proper monitoring and documentation of risk. The risk may occur due to various technical, social and political reasons. Therefore an effective system to assess and manage the risk in construction companies is a challenging task for a civil engineer. In this paper various risk factors are identified and a survey is taken among the persons present at the construction site of different companies. Some risk management policies are suggested to overcome the spotted issues and provide a risk free environment.


Keywords:

Construction site, Occupational risk, Recoverable injury, Risk management policies, Risk prevention
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