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Risk identification in engineering projects

M.Ing. / Risk is an integral part of engineering projects, and it is necessary to manage the risks in order to ensure that the project achieves its objectives. A key part of the risk management effort is the risk identification aspect. This dissertation discusses risk identification and how it forms part of risk and project management. The dissertation builds from a macroscopic view of project management, which includes the phases in the project life cycle, the project structure and project control processes. This is followed by a focus on risk management within the project management framework, exploring how identifying, quantifying and controlling risks form part of the risk management structure. Next is an investigation into a risk identification framework, expanding on how aspects like hazard and peril identification, planning, staffing and resource allocation form part of the risk identification framework. A case study is then used to further explore risk identification and demonstrate it in practical engineering project management. Finally, recommendations to improve risk identification in project risk management are made.

Identiferoai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:uj/uj:9445
Date16 August 2012
CreatorsTerblanche, Martin Clint.
Source SetsSouth African National ETD Portal
Detected LanguageEnglish
TypeThesis

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