Risk and Financial Management in ConstructionGower Publishing, Ltd., 2009 - 181 In today's climate the need for a closer understanding of the relationship between the two inter-related topics of risk management and finance on construction projects is becoming increasingly crucial to achieving the objectives of the investor, the end-user and the constructor and its supply chain, especially as interest in PFI and PPP arrangements continues to grow around the world. Risk and Financial Management in Construction shows the relationship between the Construction Project Manager's task of balancing time, cost and quality and the need to satisfy the client's requirements efficiently, effectively and professionally whilst at the same time contributing to the contractor's future sustainability. The book covers Risk Management describing the tools and methods to reduce the occurrence and consequences of risk, and the financial management of construction projects from raising funding, to contract strategy and through to estimating, budgeting and cost control. It includes a chapter covering international project risk, bringing together the issues of risk management, prime contracting, and PFI funding for construction projects undertaken away from the contractors main home market. Risk and Financial Management in Construction is aimed at those practising in, or studying to enter, the project management profession in providing a strategic and operational knowledge of these subjects allowing the reader easy access to the key points through a wide selection of models, checklists and easy to find lists in all of the key areas. |
Spis treści
Introduction | 1 |
Figure 3 | 3 |
Qualitative Risk Analysis and Quantitative Risk | 13 |
Risk Management in Construction Projects | 21 |
Risk Identification and Planning | 37 |
Chapter 4 | 73 |
1 | 74 |
6 | 86 |
Management of Risk and Uncertainty of Project | 112 |
Short and MediumTerm Forms of Raising Capital | 118 |
Financial Performance of Projects | 125 |
Chapter 8 | 137 |
1 | 141 |
Estimating Budgeting and Cost Control | 151 |
References | 165 |
179 | |
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Kluczowe wyrazy i wyrażenia
achieve activities ALARP allocation approach appropriate assessment associated breakdown structure budget capital cash flow chapter client completion construction industry construction projects contract strategy contractor cost estimate cover decision earned value effective ensure Essential Management Toolbox example facility funding identified risks implementation investment investors involved Ishikawa diagram level of risk method mitigation operation options organization organization's parties payment phase potential prime contracting profit programme project lifecycle project management Project Management Institute project objectives project plan project risks project team Qualitative risk analysis quantitative risk reduce risk control risk identification risk management plan risk management process risk matrix risk occurring risk planning risk response planning schedule scope sector shown in Figure specific stage stakeholders suppliers supply chain supply chain management technical techniques typically undertaken undertaking University of Salford Whilst WIDEBAND DELPHI