Research on Infrastructure Project Risk Management System - Example of MRT Construction Project
Date Issued
2009
Date
2009
Author(s)
Liu, Yu-Fan
Abstract
MRT construction has been continuously developed during recent decades. Since the first construction of Green Line in the end of 1988, there was 8 different MRT Lines been completed and many Lines are now under constructing. The long history of MRT has accumulated a huge mass of construction risk management document of total life cycle. ecause of the magnitude of MRT construction, it is inevitable confronting risk under many circumstances in constructing stage. And the most serious risk event usually could be discovered in the underground site. Current risk management process are quite varied using by contractors, this research combined the Risk Management in PMI (Project Management Institute) and Risk Management Process for Tunnel construction in ITA (International Tunneling Association) to develop an appropriate Risk Management Process which consist of history data for infrastructure in Taiwan. The aim of the Process is to establish a successful risk management tool for MRT construction manager and further decrease the amount of site disaster. he research compared several risk management process through literature review and gathered case data for planning, design and construction of MRT construction within 10 years to analyze higher risk unit, risk event, risk factor and risk solution in bidding case. he basic outline of risk management process was formed according to the interview with professional. The detailed life-cycle risk management process for infrastructure project was constructed follow the principle of IDEF0 which includes functional analysis of input, control, output and function for each operational item. As a result, the information database system will be established under the above planning procedure. sers can instantly create and search for the information that only could be preserved within paper work in the past by risk management information system built on the internet. Also the information system can improve the lack of sharing experience of construction project risk management with other bidding project in the past. By accumulating information of construction project risk management, it is possible to enhance the accuracy of risk assessment in the coming future.
Subjects
Construction Project
MRT Construction
Risk Management Process
Type
thesis
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