Troubled projects in constructions due to inadequate risk management

Λεπτομέρειες βιβλιογραφικής εγγραφής
Κύριος συγγραφέας: Rountos, Euripides A.
Μορφή: Μεταπτυχιακή εργασία
Γλώσσα:English
Έκδοση: ΤΕΙ Πειραιά 2008
Θέματα:
Διαθέσιμο Online:http://okeanis.lib2.uniwa.gr/xmlui/handle/123456789/566
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abstract “It was the failure of risk management that led to the Columbia disaster," STS-114 mission specialist Andrew Thomas told Australian reporters via NASA TV. This thesis will focus on troubled projects in construction due to inadequate and insufficient Risk Management. The author has chosen this topic because his vision is one day to work on troubled turnaround projects” sector in a company. The main objective of the present document is not to propose a radically renewed risk management process, but to attempt a composition of already known processes, at such way that it can be applied by the modern enterprises that deal with the undertaking or/and implementation of constructional work. This thesis will try to reveal the main sources for the failure of a construction project due to the lack of risk management in projects, aiming that from now on the risk management matters will be considered more serious and professional. The benefits of risk management are not confined to large or risky projects. The process may be formalaized in these circumstances, but it is applicable for all scales of project and procurement activity. It can be applied at all stages in the project cycle, from the earliest assessments of strategy to the supply, operation, maintenance and disposal of individual items, facilities or assets. It has many applications, ranging from the evaluation of alternative activities for budgets and business plans, to the management of cost overruns and delays in projects and programs. Risk management will also provide benefits in better accountability and justification of decisions, by providing a consistent and robust process that supports decision-making. The author examined existing data, results and extensive bibliographies, drew several outcomes and created a checklist for all those who are involved in construction project disasters. The author’s expectation is to be realistic; there is not a magic wand that will turn a fiasco into a triumph. However, a more positive outcome is possible, if we see the threats as opportunities and we try to learn from the trouble project.
advisor
author Rountos, Euripides A.
author_facet Rountos, Euripides A.
author_sort Rountos, Euripides A.
collection Okeanis Institutional Repository
format Μεταπτυχιακή εργασία
id okeanis-123456789-566
institution University of West Attica Campus II
keyword Risk management
Projects in constructions
language English
physical 86 p.
publishDate 2008
publisher ΤΕΙ Πειραιά
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spelling okeanis-123456789-5662018-12-14T10:04:33Z Troubled projects in constructions due to inadequate risk management Rountos, Euripides A. Kontesis, Konstantinos TPSH::Διοίκηση και Οργάνωση::Διαχείριση Κινδύνων (Risk Management) Risk management Projects in constructions “It was the failure of risk management that led to the Columbia disaster," STS-114 mission specialist Andrew Thomas told Australian reporters via NASA TV. This thesis will focus on troubled projects in construction due to inadequate and insufficient Risk Management. The author has chosen this topic because his vision is one day to work on troubled turnaround projects” sector in a company. The main objective of the present document is not to propose a radically renewed risk management process, but to attempt a composition of already known processes, at such way that it can be applied by the modern enterprises that deal with the undertaking or/and implementation of constructional work. This thesis will try to reveal the main sources for the failure of a construction project due to the lack of risk management in projects, aiming that from now on the risk management matters will be considered more serious and professional. The benefits of risk management are not confined to large or risky projects. The process may be formalaized in these circumstances, but it is applicable for all scales of project and procurement activity. It can be applied at all stages in the project cycle, from the earliest assessments of strategy to the supply, operation, maintenance and disposal of individual items, facilities or assets. It has many applications, ranging from the evaluation of alternative activities for budgets and business plans, to the management of cost overruns and delays in projects and programs. Risk management will also provide benefits in better accountability and justification of decisions, by providing a consistent and robust process that supports decision-making. The author examined existing data, results and extensive bibliographies, drew several outcomes and created a checklist for all those who are involved in construction project disasters. The author’s expectation is to be realistic; there is not a magic wand that will turn a fiasco into a triumph. However, a more positive outcome is possible, if we see the threats as opportunities and we try to learn from the trouble project. 2008-06 Μεταπτυχιακή εργασία http://okeanis.lib2.uniwa.gr/xmlui/handle/123456789/566 en http://creativecommons.org/licenses/by-nc-nd/3.0/gr/ Αναφορά Δημιουργού-Μη Εμπορική Χρήση-Όχι Παράγωγα Έργα 3.0 Ελλάδα ΤΕΙ Πειραιά City University of Seattle 86 p. http://okeanis.lib2.uniwa.gr/xmlui/bitstream/123456789/566/9/prm_00027.pdf.jpg
spellingShingle TPSH::Διοίκηση και Οργάνωση::Διαχείριση Κινδύνων (Risk Management)
Rountos, Euripides A.
Troubled projects in constructions due to inadequate risk management
title Troubled projects in constructions due to inadequate risk management
title_full Troubled projects in constructions due to inadequate risk management
title_fullStr Troubled projects in constructions due to inadequate risk management
title_full_unstemmed Troubled projects in constructions due to inadequate risk management
title_short Troubled projects in constructions due to inadequate risk management
title_sort troubled projects in constructions due to inadequate risk management
topic TPSH::Διοίκηση και Οργάνωση::Διαχείριση Κινδύνων (Risk Management)
url http://okeanis.lib2.uniwa.gr/xmlui/handle/123456789/566