Risk Management for Qatar Expressway Program
Abstract
The construction of expressway projects associated with the various main risks such
as political risks, legal risks, economic risks, cultural risks, and construction risks
are considered critical and essential to be identified and mitigated in early stage for
every minor or major projects. According to Dziadosz and Rejment (2015), the risk
is a measurable part of uncertainty, for which we are able to estimate the occurrence
probability and the size of damage. The risk is assumed as a deviation from the desired
level. It can be positive or, which most often happens, it can be negative. Therefore,
the risks analysis is so important for project selection and coordination of construction
work. This paper identifies the level of severity of construction risks which had affected
the implementation of the expressway/highway projects in Qatar. This research is also
focused on the importance in practising the formality of risk management process
by identifying the problems and difficulties associated with the projects risks, which
includes obtaining the important information and suggestion the risk response in order
to be used on future projects in the particular and focusing the risk mitigation in the
early stage is necessary. There could be a possibility that the identified projects were
not fully assessing the significant risk factors during feasibility studies, design stage,
tender stage and construction stage. Based on a literature review, structured interviews
with experts, unstructured interviews and detailed case studies, it was found that major
participants agreed that the risk management process was satisfactorily adopted for ongoing
and previous infrastructure projects in Qatar. The critical construction risk was
design changes, new requirements, land acquisition, interfacing works and additional
works which had caused the cost overrun and delay the completion works.
Collections
- Theme 1: Construction Management and Process [27 items ]