Risk management is a key part of project management. List five key features of a road...

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Civil Engineering

Risk management is a key part of project management. List fivekey features of a road infrastructure risk management plan. Namethree significant risks usually involved in a road project andbriefly describe them. (Target length to answer this question isapproximately 300 words)

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Risk is an event of known uncertainty and it can be measured in terms of probability of occurence In construction risk has a wide impact on things like cost time of completion of a project etc Therefore it should be studied to reduce its impact This study of risks and managing it called as Risk Mangement In Risk mangement there are some steps through which we can manage risks easily and hence reduce its impact Following are the steps given Identification of risk factors See Answer

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Risk management is a key part of project management. List five key features of a road...

90.2K

Verified Solution

Question

Civil Engineering

Risk management is a key part of project management. List fivekey features of a road infrastructure risk management plan. Namethree significant risks usually involved in a road project andbriefly describe them. (Target length to answer this question isapproximately 300 words)

Answer & Explanation Solved by verified expert

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