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A construction risk successful is a variable in the prince process of managing construction, whose occurrence results prince in uncertainty as to the final cost, duration and/or the quality of the project13.
Games and Information: An Introduction to Game manual Theory.
37 Kuo Y and Lu S, 2013, Using fuzzy multiple criteria decision making approach to enhance risk assessment for metropolitan construction projects; international journal of project management; vol.
And Almishari, S, 2003, Risk assessment in construction; Journal of Construction Engineering and Management; Vol.Evaluating the severity of the risk associated with building projects in developing countries- by defining the severity of risk and selecting appropriate, effective aggregation system, the risk level for each identified risk variable will be expressed synthetically Risk analysis- This will provide an input.N and Ogunlana.O, 2009, Quantifying schedule risk in construction projects using Bayesian edition belief networks; International journal of project management; vol.However, this does not happen in the construction industry.Managing risk is to minimize, control and share risk and not just pass them off unto another party10.However, the passage from one stage to another is not all successful smooth-sailing, but fraught with problems4.Ian managing Clarkson, TSO White Paper, January 2010, published.10 Kartam.A and Kartam.A., 2001, Risk and its management in Kuwaiti construction industry: a Contractors perspective; International Journal of project management; vol.The work presented in this paper will highlight possible research in this area, find out their drawbacks and limitations, and evaluate the potential for further research.J, Merna, T and Jobling,., 2006, Managing risk in construction projects, Blackwell Science, Oxford.Risk assessment or as many researchers call it risk analysis can offer an understanding to the detailed sources of project risk and assist construction industries to develop targeted helpful action.



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Risk (the degree of loss) x (the probability of occurrence).
Zou et al26, presented an understanding of the key risks in construction projects in China and developed strategies in manage them.
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