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Title: The perception and management of risk in lithuanian construction company
Author: Banaitienė, Nerija
Banaitis, Audrius
Norkus, Artūras
Lopes, Jorge
Keywords: Risk management
Risk analysis
Constructionn company
Issue Date: 2010
Citation: Banaitienė, Nerija; Banaitis, Audrius; Norkus, Artūras; Lopes, Jorge (2010) - The perception and management of risk in lithuanian construction company. In The 10th Internationa l Conference on Modern Building, Materials, Structures and Techniques. Vilnius, Lithuania. p.373-378
Abstract: Risk analysis and management is nowadays a critical factor to successful construction project management, as construction projects tend to be more complex, dynamic, always unique, and competition increasingly tougher. Risk management helps the project participants – client, contractor, consultant, and supplier – to meet their commitments and minimize negative impacts on construction project scope, cost, schedule (and quality, as a result). The benefits of the risk management process include identifying and analyzing risks, and improvement of project management processes and effective use of resources. This paper reports the research that aimed to discover how Lithuanian contractor perceives the significance of the construction projects risks it faces and the extent to which it employs risk response tactics
Peer review: yes
Appears in Collections:DCCP - Artigos em Proceedings Não Indexados ao ISI/Scopus

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