000 02491cam a2200277Ki 4500
003 KDUcat
008 190912s2019 enk ob 000 0 eng d
020 _a9780203887059
041 _aEnglish
082 0 4 _a624.0681
_223
100 _aOgunlana, Stephen O.
_eed
_964487
245 0 0 _aRisk management in engineering and construction
_b: tools and techniques
250 _a1st ed.
260 _aLondon :
_bRoutledge,
_c2019.
300 _a474 p
520 _aToday's businesses are driven by customer pull' and technological push'. To remain competitive in this dynamic business world, engineering and construction organizations are constantly innovating with new technology tools and techniques to improve process performance in their projects. Their management challenge is to save time, reduce cost and increase quality and operational efficiency. Risk management has recently evolved as an effective method of managing both projects and operations. Risk is inherent in any project, as managers need to plan projects with minimal knowledge and information, but its management helps managers to become proactive rather than reactive. Hence, it not only increases the chance of project achievement, but also helps ensure better performance throughout its operations phase. Various qualitative and quantitative tools are researched extensively by academics and routinely deployed by practitioners for managing risk. These have tremendous potential for wider applications. Yet the current literature on both the theory and practice of risk management is widely scattered. Most of the books emphasize risk management theory but lack practical demonstrations and give little guidance on the application of those theories. This book showcases a number of effective applications of risk management tools and techniques across product and service life in a way useful for practitioners, graduate students and researchers. It also provides an in-depth understanding of the principles of risk management in engineering and construction.
650 0 _aBuilt Environment
_960489
650 0 _aEconomics
_910529
650 0 _aFinance
_911499
650 0 _aEngineering & Technology
_921298
650 0 _aBusiness & Industry
_955391
700 1 _aDey, Prasanta Kumar
_960491
_eed
856 4 0 _3Taylor & Francis
_uhttps://www.taylorfrancis.com/books/9780203887059
856 4 2 _3OCLC metadata license agreement
_uhttp://www.oclc.org/content/dam/oclc/forms/terms/vbrl-201703.pdf
942 _2ddc
_cEBK
999 _c35157
_d35157