19-10-2016, 09:33 AM
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ABSTRACT
Risk has significant impact on construction projects in terms of its primary objectives.Construction.Risk management is a process, which consists of an identification of risks, assessment with qualitatively and quantitatively; response with a suitable method for handling risks, and then control the risks by monitoring. This study proposes to apply the risk management technique which includes well-documented procedures for the one step solution all types of hazards most likely to occur during any construction project life cycle. We rely on the information gathered on various sites with a questionnaire prepared on the basis of occurrence of risks and the impact of various risks. We have done a close survey on various sites stating their range of risks and their way of minimizing the risks respective to the occurrence and its impact’s the questionnaires are set with reference to the risk occurrence, we collected information from the engineers who works in the site respectively. After the collection of data ,these data’s are subjected to computation thus we attain the factor of risk and proceeded by the response plan which minimize the risk factor.