Risk Management for the Hanoi Metro Project in Construction Stage - The Contractor’s Perspective
Date Issued
2011
Date
2011
Author(s)
Tuyen, Pham
Abstract
The thesis presents the details of a study on the assessment of risks management practice of construction stage contractors perspective in Hanoi metro project toward construction risks. By focusing on risk consequence, risk frequency and expert discussion in Hanoi metro project, this thesis suggests good risk response strategy for contractor.
To achieve the study objectives the researcher conducted a literature review of the subject, defined important risk parameters and categorized related to construction risks, designed a questionnaire related to consequence and frequence of these risks on Hanoi metro projects. The questionnaire was distributed to thirty five respondents from the professors, construction manager experts, geological experts, the owners, the contractors in Vietnam.
Responses from thirty five factors were received, analyzed, summarized and expert discussion. Analysis of the results indicated that high risks, medium risks and low risks of Hanoi metro contractors in construction stage. The risk response strategy plan is presented detail with high risks and medium risk and the short risk respond strategy plan is created. By creating the risk response strategy, the Hanoi metro contractor have the effect tool to face with the risk in this project.
Subjects
Risk management
Risk response strategies
Hanoi metro project
Construction stage
Contractor’s perspective
Type
thesis
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