Risk management for construction projects - ENGINEERING MANAGEMENT

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Risk management is one of the most critical problems that affect the project's progress effectively We know it scientifically becaus...

Risk management for construction projects

Risk management is one of the most critical problems that affect the project's progress effectively We know it scientifically because the increased risk within any project turns into a problem and can be codified Risk by examining the types of risks and identifying them more precisely. 

Risk management is the safety valve for each project. It prepares preliminary, operational and future studies To manage the project funds and put all the expected possibilities according to the data and inputs as well as knowledge The specific scope of the project and its products as a whole.
Risk management includes risk management planning, risk identification, and qualitative risk analysis Quantitative risk analysis, risk response planning and risk monitoring and control.
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