Title :
International projects risk management in the construction industry
Author :
Parvizsedghy, Laya ; Sobhiyah, Mohammad Hossein
Author_Institution :
Planning & Dev. Dept., Petroiran Dev. Co., Tehran, Iran
Abstract :
Despite to the initial attractions, the international projects are potentially high-risk and their negative impacts can affect international contractors if the risks are not identified in the contracting phase. The implementation of an efficient risk management process can reduce the negative impacts of identified risks which may in turn increase the profit of these companies. Risks of international projects are identified and prioritized in this paper. At last some solutions have been proposed to mitigate top ten risks effects on these projects.
Keywords :
construction industry; contracts; profitability; project management; risk management; company profit; construction industry; efficient risk management process; international contractors; international project risk management; risk effect mitigation; Companies; Humans; Law; Materials; Production; Project management; Risk management; Construction Industry; International Projects; Risk Management;
Conference_Titel :
Business Management and Electronic Information (BMEI), 2011 International Conference on
Print_ISBN :
978-1-61284-108-3
DOI :
10.1109/ICBMEI.2011.5920454
