Risk Management And Risk Assessment Of Design Bid Build...

Information Resources: The resources of the information in this study is collected from the field of the study (the Construction of Bor Hospital) in addition to the scientific references and related previous studies. Time and Area Limitations: This research is aiming to identify risk management in the current time, so there is clear time limitation. Concerning the area limitation, this study is done to identify risk management and risk analysis in construction projects in the Republic of South Sudan. Because of special circumstances in South Sudan, this study is valid just in South Sudan and not other countries. Previous Studies:- 1- RISK ASSESSMENT OF DESIGN-BID-BUILD AND DESIGN-BUILD BUILDING PROJECTS Tsung-Chieh Tsai Min-Lan Yang (National Yunlin University of Science and Technology) (Received November 30, 2007; Revised July 30, 2009) This study is doing risk assessment from the perspective of clients, comparing project delivery systems mentioned above to see, firstly, what risk factors are, and, secondly, to analyze the ranking of risk factors and amount of risk with temporal sequencing change over die rent project stages (e.g. proposal surveying, scheme designing, procurement contracting, and construction receiving). Thus, identify risk factors using literature reviews and conduct survey with clients; utilize the fuzzy numbers with integral value to simulate the changes of ranking of risk factors and the amount of risk with temporal sequencing, given deferent ofShow MoreRelatedAn Appropriate Project Delivery System1050 Words   |  5 PagesAn appropriate project delivery method can enhance the probability of meeting project goals and objectives, significantly increasing its efficiency (Touran, et al. 2011) (Luu, Ng and Chen 2005) (Rwelamila and Meyer 1999). Gordon (Gordon 1994) states that the selection of mor e efficient contracting methods could reduce project cost by an average of 5%. 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