Advanced Journal of EngineeringOpen Access

Advanced Journal of Engineering[AJE] is an international peer-reviewed journal that publishes original and high-quality research papers in all related areas. All papers published will be open access to all readers. To build a platform for scientific research and academic exchange for scholars, focusing on the development and research, introducing worldwide research, theory and practice, and promoting international exchanges.

ISSN: N/A (Print)
Frequency: Bimonthly
ISSN: 2771-9863 (Online)
Website: https://doi.org/10.55571/aje
Email: journal@4dpublishinggroup.com /aje@4dpublishinggroup.com
Indexing and Abstracting: CrossRef; ResearchBib; WorldCat; CiteFactor

The Role of Flexibility in The Construction Risk Management Prescriptiveness

DOI:https://doi.org/10.55571/aje.2022.08008
Authors:Yan-lin Li
Affiliation:Civil Engineering Management Department, KWG Group Holdings Limited, Nanning, Guangxi Zhuang Autonomous Region, China
Information:Advanced Journal of Engineering, August 2022 Vol.1, No.3, pp 40-44
Abstract:Risk management in the construction industry is regarded as an important issue for the healthy development of society. In terms of the risk management process, over detailed process would be remarkably time consuming which also can be a burden of the project. the balance between the prescriptiveness and the flexibility of risk process can be considered as the vital factor for a effective risk management framework. However, flexibility is not well valued in the risk management process of many construction projects. An ideal risk management process should include both the clear prescriptiveness and the flexibility in order to minimize the negative influence of risks in construction project as well as to shorten period of process planning.
Keywords:Risk management; Risk management process; Construction project
Cite This Article:Li Y.L. (2022). The Role of Flexibility in The Construction Risk Management Prescriptiveness. Advanced Journal of Engineering, August 2022 Vol.1, No.3, pp 40-44.