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Risk Management of Highway Construction Projects

  • 2013-09-22
  • 37.5KB
  • Points it Requires : 2

The internal or external interference factors that are uncertain in advance in highway construction projects are called risks. Any highway construction project has risks, such as extended construction period, increased costs, plan changes, etc., which will lead to reduced economic benefits and even failure of highway construction projects. It is precisely because risks can cause great damage that risk management has become an indispensable part of highway construction project management. Good risk management can obtain huge economic benefits and also help improve corporate competitiveness and management level.

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