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Effectivity of Risk Management for Design & Construct Projects of Large Contractors

  • J. G. Vastert
  • P. H. A. J. M. van Gelder
Conference paper

Abstract

This paper presents an evaluation on the risk analysis and risk management of a contractor for large Design and Construct projects. Risk management and risk analysis are vital tools to secure project profitability. The evaluation of individual projects brings to surface some discrepancies that obstruct the learning-cycle for today’s projects. Therefore recommendations are made to increase effectiveness of risk management for Design and Construct projects.

Keywords

Risk Analysis Risk Management Cost Estimation Process Risk Cost Overrun 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag London 2004

Authors and Affiliations

  • J. G. Vastert
    • 1
  • P. H. A. J. M. van Gelder
    • 1
  1. 1.Delft University of TechnologyDelftthe Netherlands

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