Adequate attention needs to be given to project risk management for reaping the benefits by way of meeting the objectives of an organisation. Organisations which implement good risk management practices derive maximum advantage by way of fewer risks which are quite manageable in general and more so in infrastructure sector which is subjected to plethora of risks. The role of infrastructure in the overall development of a nation cannot be underscored. Considering this, a study has been carried out for an ongoing highway project being executed in the state of Telangana (India) under NHAI. The study was carried out by administering the questionnaire to 250 experts associated with highway sector and the response received was 110. The respondents were asked to identify the risks in four phases of a project namely Feasibility phase, Development Phase, Execution Phase and Operation phase and also the likelihood and impact of each of the identified risks. The severity of risk was determined based on the likelihood and impact of risks and was categorized accordingly. The severity of risk indicates the extent to which the project is exposed to that particular risk and the mitigation measures need to be taken accordingly to minimise the effect of risk
RISK MANAGEMENT IN HIGH RISE CONSTRUCTION PROJECTS IN SURAT CITYA Makwana
This paper gives information about identification of risk factors and perceptions of Indian construction practitioners i.e., contractors, owners, project managers and Engineers on the importance of different construction risks and how the risks should be assigned between the different parties of the contract. As the very common project styles, construction projects have so many characteristics likewise time limitation, specific items, financial restrictions and requirements, extraordinary structural and legal situations, complexity features. For this situation every construction project has own complex method. Risks constantly happen at construction projects and frequently cause time overrun or cost overrun. If you don’t contemplate these risk factors, or neglect the main factors, these risk factors will affect the damage because of the managerial errors. Risk management is the process which covers to identify the risks, for assessment with the help of qualitatively and quantitatively, to response with appropriate technique for management and controlling. The concept has gain popularity in various industries. Various companies frequently found the method in their projects for upgrading their performance, reducing their losses and increasing their profits. Questionnaire survey among clients, contractors, engineers and architects is analysed using, Relative Importance Index (RII)) method. The focus of this study is to understand what Risk Management is, understand the process of risk management at construction project and have depth knowledge on the use of risk management in high-rise construction projects.
ANALYSIS OF RISK CATEGORIES AND FACTORS FOR PPP PROJECTS USING ANALYTIC HIERA...A Makwana
Success of Public Private Partnership projects is greatly influenced by proper management of the risks associated with the project. All projects which are undertaken using conventional procurement method or using a PPP approach have known risks and unknown risks. Risk identification plays an important role in development of PPP framework. The participation and investment of Private sector has been the main stay of the Government of India policy toward infrastructural growth. In this study main risk categories and factors of Public Private Partnership projects have been recognized. A total of 7 risk categories and 31 risk sub-factors for each category were identified for PPP projects safety listed under subheads. The questionnaire was prepared on the basis of literature review and was filled by 100 Stakeholders namely Consultant/Client, Project Manager/ Contractor, Engineer. Generally Analytic Hierarchy Process (AHP) is widely used as multi criteria decision making. Normally it is very hard to meet the consistence need of a comparison matrix in analytic hierarchy process. In this study AHP is used to categories the risks of PPP projects in different levels and the impact of those risks on the PPP projects are identified.
RISK MANAGEMENT IN HIGH RISE CONSTRUCTION PROJECTS IN SURAT CITYA Makwana
This paper gives information about identification of risk factors and perceptions of Indian construction practitioners i.e., contractors, owners, project managers and Engineers on the importance of different construction risks and how the risks should be assigned between the different parties of the contract. As the very common project styles, construction projects have so many characteristics likewise time limitation, specific items, financial restrictions and requirements, extraordinary structural and legal situations, complexity features. For this situation every construction project has own complex method. Risks constantly happen at construction projects and frequently cause time overrun or cost overrun. If you don’t contemplate these risk factors, or neglect the main factors, these risk factors will affect the damage because of the managerial errors. Risk management is the process which covers to identify the risks, for assessment with the help of qualitatively and quantitatively, to response with appropriate technique for management and controlling. The concept has gain popularity in various industries. Various companies frequently found the method in their projects for upgrading their performance, reducing their losses and increasing their profits. Questionnaire survey among clients, contractors, engineers and architects is analysed using, Relative Importance Index (RII)) method. The focus of this study is to understand what Risk Management is, understand the process of risk management at construction project and have depth knowledge on the use of risk management in high-rise construction projects.
ANALYSIS OF RISK CATEGORIES AND FACTORS FOR PPP PROJECTS USING ANALYTIC HIERA...A Makwana
Success of Public Private Partnership projects is greatly influenced by proper management of the risks associated with the project. All projects which are undertaken using conventional procurement method or using a PPP approach have known risks and unknown risks. Risk identification plays an important role in development of PPP framework. The participation and investment of Private sector has been the main stay of the Government of India policy toward infrastructural growth. In this study main risk categories and factors of Public Private Partnership projects have been recognized. A total of 7 risk categories and 31 risk sub-factors for each category were identified for PPP projects safety listed under subheads. The questionnaire was prepared on the basis of literature review and was filled by 100 Stakeholders namely Consultant/Client, Project Manager/ Contractor, Engineer. Generally Analytic Hierarchy Process (AHP) is widely used as multi criteria decision making. Normally it is very hard to meet the consistence need of a comparison matrix in analytic hierarchy process. In this study AHP is used to categories the risks of PPP projects in different levels and the impact of those risks on the PPP projects are identified.
Effect or Risk Management Methods on project performance in Rwandan Construct...Sibo Kanyambari Aimable
Risks are very common in construction sector. Risk is the Possibility of suffering loss and the impact on the involved parties. According to APM (2006), all projects are inherently risky because they are unique, constrained, complex, based on assumptions, and performed by people. As a result, project risk management methods must be built into the management of projects and should be used throughout the project lifecycle.
Many construction projects fail because organizations assume that all the projects would succeed and they therefore do not identify, analyze, and provide mitigation or contingencies for the risk elements involved in the project.
Society desires that all projects should be performing and has become less tolerant of failure (Edwards and Bowen, 2005). Pressure is exerted on project managers to minimize the chance of project failure. This increasing pressure for performance which suggests that it is prudent for anyone involved in a project to be concerned about the associated risks and how they can be effectively managed.
Traditionally, performance of a project is analyzed on the criteria of quality, budget and time of completion. Two more criteria to determine the performance of a project were added by Kerzner (2001). Firstly, the project would effectively and efficiently manage risks and, secondly, it should be accepted by the customer.
It is known that the cause of the projects failure can be directly related to the extent of risk management methods undertaken. Besides, the level of risk management methods undertaken during project lifecycle impacts directly on the performance or otherwise of the project. Furthermore, using risk management methods effectively to manage risk should be continuously undertaken throughout the project lifecycle to enhance project performance. Risk management methods are thus an important tool to cope with such substantial risks in projects performance.
The main objective of the enquiry work that underpins this research is to investigate the effect of risk management methods on project performance. In this paper, a case study of RSSB multi-storey already executed project is considered.
Critical Factors Influencing to Management Risk in Construction Projectstheijes
The International Journal of Engineering & Science is aimed at providing a platform for researchers, engineers, scientists, or educators to publish their original research results, to exchange new ideas, to disseminate information in innovative designs, engineering experiences and technological skills. It is also the Journal's objective to promote engineering and technology education. All papers submitted to the Journal will be blind peer-reviewed. Only original articles will be published.
The papers for publication in The International Journal of Engineering& Science are selected through rigorous peer reviews to ensure originality, timeliness, relevance, and readability.
Theoretical work submitted to the Journal should be original in its motivation or modeling structure. Empirical analysis should be based on a theoretical framework and should be capable of replication. It is expected that all materials required for replication (including computer programs and data sets) should be available upon request to the authors.
The International Journal of Engineering & Science would take much care in making your article published without much delay with your kind cooperation.
The Identification of Risks and its Criticality in the Nigeria Construction I...Dr. Amarjeet Singh
Failure in project delivering can be attributed to many risk events in the Nigerian Construction Industry. This risk could be as a result of the dynamic, sensitivity, and complexity of the construction Industry towards its environment, socio-political, economic, technology, and cultural variables in Nigeria. Nevertheless, the low level of Risk Management in Nigeria construction Industry, and the little understanding and knowledge of the subject by Project Stakeholders prompt this study.
A quantitative method of research was carried out, and among the sixty (60) questionnaires administered to clients, consultants, and contractors in the Nigerian construction industry, thirty-one (31) valid responses were obtained. The questionnaires were designed on the twenty (20) types of risks that were identified by construction professionals which were categorized into five namely; Government and Politics; Finance and Economical; Management and Technology; social and Cultural; Natural and Environmental Risks. And, findings made revealed that economic and financial risks surpass all other types in the Nigeria Construction Industry.
AN INTEGRATED PROJECT EVALUATION TOOL FOR PFI SEAPORT PROJECTSFredy Kurniawan
The evaluation of the financial viability for seaport projects is a critical activity for bidders and governments under traditional procurement or through private finance initiative (PFI). The aim of this research is to assist government agencies in
evaluating bids and making decision efficiently for seaport development projects through the use of an integrated project evaluation tool. The proposed tool is expected to integrate the results of the financial model and the risk sharing strategy. The
integrated project evaluation tool can be mutually used by the government agency and the sponsor(s). This paper discusses the proposed tool to be tested in future study. The research strategy uses literature review, questionnaire surveys, interviews, and document analyses in order to develop the proposed tool. The tool will be tested through case studies and experts’ opinion to validate its applicability and effectiveness. The main conclusion of this paper is that the knowledge gap between the sponsor(s) and the government agency can be improved if the government agency is provided with efficient tools that consider both the financial and the risk factors
affecting a new project.
The Rank of Risk Factors Affecting Time Delay and Cost Overrun of Building Co...ijtsrd
In Yangon City, Myanmar, most of the building construction projects fail to meet their cost and time constraints, which will lead to low return on investment. The purpose of this paper is to understand risk management of building construction and the study area is Yangon. This study illustrates that how to manage risks in building construction to become a successful project with best possible outcome by reducing risks that delay the project. The study was conducted through a questionnaire survey administered to 39 construction projects and 148 professionals in Yangon for finding risk rating and prioritization of risk. Risk prioritization was done by Technique for Order of Preference by Similarity to Ideal Solution TOPSIS . Khin Su Yi | Kyaw Kyaw "The Rank of Risk Factors Affecting Time Delay and Cost Overrun of Building Constructions Projects in Yangon" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-4 , June 2020, URL: https://www.ijtsrd.com/papers/ijtsrd31557.pdf Paper Url :https://www.ijtsrd.com/management/risk-management/31557/the-rank-of-risk-factors-affecting-time-delay-and-cost-overrun-of-building-constructions-projects-in-yangon/khin-su-yi
This study investigated the use of uncertainty management tools within the construction sector in Nigeria.
The objectives were to evaluate the level of use of uncertainty management tools and techniques and to
determine the factors responsible for the low knowledge and misconception of uncertainty within the
construction sector. Views from project managers obtained from two sub-sectors, the real estate and the oil
and gas was evaluated. Finding of the study revealed low level of use of uncertainty management tools and
techniques due to the lack of clear understanding of uncertainty and its management parameters. Further
finding identifies the type of project management practice in use, and over reliance on the use of
deterministic approach as factors responsible for the low knowledge of uncertainties. The challenge
therefore is how to improve the state of misconception among practitioners and to explore refinements to
the traditional project management framework. To develop appropriate knowledge about uncertainty
management, the notion that uncertainty management is about creating previously unknown information,
must be repealed to embrace approaches encouraging information sharing, learning, and competence. The
study provides an insightful perspective into understanding uncertainty in projects;and highlight possible
refinements to extant project management practice in order to enhance uncertainty management within the
construction sector.
Safety and health risk assessment at oman building construction projectseSAT Publishing House
IJRET : International Journal of Research in Engineering and Technology is an international peer reviewed, online journal published by eSAT Publishing House for the enhancement of research in various disciplines of Engineering and Technology. The aim and scope of the journal is to provide an academic medium and an important reference for the advancement and dissemination of research results that support high-level learning, teaching and research in the fields of Engineering and Technology. We bring together Scientists, Academician, Field Engineers, Scholars and Students of related fields of Engineering and Technology
Safety and health risk assessment at oman building construction projectseSAT Journals
Abstract In this research a field survey was conducted via 30 interviews with safety and health experts and risk management staff in the field of construction industry in Oman followed by a questionnaire divided into six categories. 151 responses were analysed. The aim was to explore the availability, awareness, type and implementation of ORA. Six key risks were identified; namely: working at heights; working on fragile roofs; using electrical equipment; working under high voltage overhead power lines; working in confined spaces; working without knowing how to use the provided emergency equipment. All respondents were male gender and 61 per cent of them were below the age of 40. 59 per cent of respondents have education equal to or below the national diploma (≤ 12 level). 75.5 per cent of the respondents work in construction industry followed by the consultants (19%). 53 per cent of respondents were labourers and technicians. 96 per cent of projects were residential, commercial or a combination of residential and commercials buildings. 81.3 per cent of workers were having equal or less than 10 years of experience in the construction projects. 53 per cent of respondents never experienced fatality during their work. 53.6 per cent of respondents indicated that they do not have Risk Assessment Matrix for Occupational Safety and Health. All respondents agreed that it is important or very important to apply Occupational Risk Assessment Matrix in accordance with the local regulations. Only 42.4 per cent strongly agree that HSE personal should carry out risk assessment before any activity. Most respondents showed willingness of applying risk management by workers.
Risk Management in High Rise Construction Projects: A ReviewA Makwana
This paper gives information about identification of risk factors and perceptions of Indian construction practitioners i.e., contractors, owners, project managers and Engineers on the importance of different construction risks and how the risks should be assigned between the different parties of the contract. As the very common project styles, construction projects have so many characteristics likewise time limitation, specific items, financial restrictions and requirements, extraordinary structural and legal situations, complexity features. For this situation every construction project has own complex method. Risks constantly happen at construction projects and frequently cause time overrun or cost overrun. If you don’t contemplate these risk factors, or neglect the main factors, these risk factors will affect the damage because of the managerial errors. Risk management is the process which covers to identify the risks, for assessment with the help of qualitatively and quantitatively, to response with appropriate technique for management and controlling. The concept has gain popularity in various industries. Various companies frequently found the method in their projects for upgrading their performance, reducing their losses and increasing their profits. Questionnaire survey among clients, contractors, engineers and architects is analyzed using, Relative Importance Index (RII) and Importance Index (IMP.I) methods. The focus of this study is to understand what Risk Management is, understand the process of risk management at construction project and have depth knowledge on the use of risk management in high-rise construction projects.
ESTABLISHING RISK MANAGEMENT FACTORS FOR CONSTRUCTION PROJECTS IN IRAQ IAEME Publication
The construction industry is widely associated with a high risk and uncertainty due to the nature of its operating environment. This study aim s to identify and evaluate key risk factors and their frequency and severity and then their impact in different types of construction projects in Iraq . A questionnaire survey was conducted and a total of sixty five critical factors were identified and categorized into eight groups. These are: 1. Financial related risk, 2. Legal related risk, 3. Management risk, 4. Market related risk, 5. Politic al and security related risk, 6. Technical related risk, 7. Environmental related risk, and 8. Social related risk. Seventy five respondents participated in the survey representing 22 clients, 21 consultants and 32 contractors. The results are presented on the basis of their frequency, severity and importance. The study revealed that the most ten important factors are: Security measures, loss incurred due t o corruption and bribery, loss due to bureaucracy for late approvals, un-official holidays, loss incurred due to political changes, increase of material s price, unfairness in tendering, improper project planning and budgeting, design changes and increase of labor costs. Finally the study suggested that what are the importance of risk function and project risk management for project success.
International Journal of Engineering Research and DevelopmentIJERD Editor
Electrical, Electronics and Computer Engineering,
Information Engineering and Technology,
Mechanical, Industrial and Manufacturing Engineering,
Automation and Mechatronics Engineering,
Material and Chemical Engineering,
Civil and Architecture Engineering,
Biotechnology and Bio Engineering,
Environmental Engineering,
Petroleum and Mining Engineering,
Marine and Agriculture engineering,
Aerospace Engineering.
Effect or Risk Management Methods on project performance in Rwandan Construct...Sibo Kanyambari Aimable
Risks are very common in construction sector. Risk is the Possibility of suffering loss and the impact on the involved parties. According to APM (2006), all projects are inherently risky because they are unique, constrained, complex, based on assumptions, and performed by people. As a result, project risk management methods must be built into the management of projects and should be used throughout the project lifecycle.
Many construction projects fail because organizations assume that all the projects would succeed and they therefore do not identify, analyze, and provide mitigation or contingencies for the risk elements involved in the project.
Society desires that all projects should be performing and has become less tolerant of failure (Edwards and Bowen, 2005). Pressure is exerted on project managers to minimize the chance of project failure. This increasing pressure for performance which suggests that it is prudent for anyone involved in a project to be concerned about the associated risks and how they can be effectively managed.
Traditionally, performance of a project is analyzed on the criteria of quality, budget and time of completion. Two more criteria to determine the performance of a project were added by Kerzner (2001). Firstly, the project would effectively and efficiently manage risks and, secondly, it should be accepted by the customer.
It is known that the cause of the projects failure can be directly related to the extent of risk management methods undertaken. Besides, the level of risk management methods undertaken during project lifecycle impacts directly on the performance or otherwise of the project. Furthermore, using risk management methods effectively to manage risk should be continuously undertaken throughout the project lifecycle to enhance project performance. Risk management methods are thus an important tool to cope with such substantial risks in projects performance.
The main objective of the enquiry work that underpins this research is to investigate the effect of risk management methods on project performance. In this paper, a case study of RSSB multi-storey already executed project is considered.
Critical Factors Influencing to Management Risk in Construction Projectstheijes
The International Journal of Engineering & Science is aimed at providing a platform for researchers, engineers, scientists, or educators to publish their original research results, to exchange new ideas, to disseminate information in innovative designs, engineering experiences and technological skills. It is also the Journal's objective to promote engineering and technology education. All papers submitted to the Journal will be blind peer-reviewed. Only original articles will be published.
The papers for publication in The International Journal of Engineering& Science are selected through rigorous peer reviews to ensure originality, timeliness, relevance, and readability.
Theoretical work submitted to the Journal should be original in its motivation or modeling structure. Empirical analysis should be based on a theoretical framework and should be capable of replication. It is expected that all materials required for replication (including computer programs and data sets) should be available upon request to the authors.
The International Journal of Engineering & Science would take much care in making your article published without much delay with your kind cooperation.
The Identification of Risks and its Criticality in the Nigeria Construction I...Dr. Amarjeet Singh
Failure in project delivering can be attributed to many risk events in the Nigerian Construction Industry. This risk could be as a result of the dynamic, sensitivity, and complexity of the construction Industry towards its environment, socio-political, economic, technology, and cultural variables in Nigeria. Nevertheless, the low level of Risk Management in Nigeria construction Industry, and the little understanding and knowledge of the subject by Project Stakeholders prompt this study.
A quantitative method of research was carried out, and among the sixty (60) questionnaires administered to clients, consultants, and contractors in the Nigerian construction industry, thirty-one (31) valid responses were obtained. The questionnaires were designed on the twenty (20) types of risks that were identified by construction professionals which were categorized into five namely; Government and Politics; Finance and Economical; Management and Technology; social and Cultural; Natural and Environmental Risks. And, findings made revealed that economic and financial risks surpass all other types in the Nigeria Construction Industry.
AN INTEGRATED PROJECT EVALUATION TOOL FOR PFI SEAPORT PROJECTSFredy Kurniawan
The evaluation of the financial viability for seaport projects is a critical activity for bidders and governments under traditional procurement or through private finance initiative (PFI). The aim of this research is to assist government agencies in
evaluating bids and making decision efficiently for seaport development projects through the use of an integrated project evaluation tool. The proposed tool is expected to integrate the results of the financial model and the risk sharing strategy. The
integrated project evaluation tool can be mutually used by the government agency and the sponsor(s). This paper discusses the proposed tool to be tested in future study. The research strategy uses literature review, questionnaire surveys, interviews, and document analyses in order to develop the proposed tool. The tool will be tested through case studies and experts’ opinion to validate its applicability and effectiveness. The main conclusion of this paper is that the knowledge gap between the sponsor(s) and the government agency can be improved if the government agency is provided with efficient tools that consider both the financial and the risk factors
affecting a new project.
The Rank of Risk Factors Affecting Time Delay and Cost Overrun of Building Co...ijtsrd
In Yangon City, Myanmar, most of the building construction projects fail to meet their cost and time constraints, which will lead to low return on investment. The purpose of this paper is to understand risk management of building construction and the study area is Yangon. This study illustrates that how to manage risks in building construction to become a successful project with best possible outcome by reducing risks that delay the project. The study was conducted through a questionnaire survey administered to 39 construction projects and 148 professionals in Yangon for finding risk rating and prioritization of risk. Risk prioritization was done by Technique for Order of Preference by Similarity to Ideal Solution TOPSIS . Khin Su Yi | Kyaw Kyaw "The Rank of Risk Factors Affecting Time Delay and Cost Overrun of Building Constructions Projects in Yangon" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-4 , June 2020, URL: https://www.ijtsrd.com/papers/ijtsrd31557.pdf Paper Url :https://www.ijtsrd.com/management/risk-management/31557/the-rank-of-risk-factors-affecting-time-delay-and-cost-overrun-of-building-constructions-projects-in-yangon/khin-su-yi
This study investigated the use of uncertainty management tools within the construction sector in Nigeria.
The objectives were to evaluate the level of use of uncertainty management tools and techniques and to
determine the factors responsible for the low knowledge and misconception of uncertainty within the
construction sector. Views from project managers obtained from two sub-sectors, the real estate and the oil
and gas was evaluated. Finding of the study revealed low level of use of uncertainty management tools and
techniques due to the lack of clear understanding of uncertainty and its management parameters. Further
finding identifies the type of project management practice in use, and over reliance on the use of
deterministic approach as factors responsible for the low knowledge of uncertainties. The challenge
therefore is how to improve the state of misconception among practitioners and to explore refinements to
the traditional project management framework. To develop appropriate knowledge about uncertainty
management, the notion that uncertainty management is about creating previously unknown information,
must be repealed to embrace approaches encouraging information sharing, learning, and competence. The
study provides an insightful perspective into understanding uncertainty in projects;and highlight possible
refinements to extant project management practice in order to enhance uncertainty management within the
construction sector.
Safety and health risk assessment at oman building construction projectseSAT Publishing House
IJRET : International Journal of Research in Engineering and Technology is an international peer reviewed, online journal published by eSAT Publishing House for the enhancement of research in various disciplines of Engineering and Technology. The aim and scope of the journal is to provide an academic medium and an important reference for the advancement and dissemination of research results that support high-level learning, teaching and research in the fields of Engineering and Technology. We bring together Scientists, Academician, Field Engineers, Scholars and Students of related fields of Engineering and Technology
Safety and health risk assessment at oman building construction projectseSAT Journals
Abstract In this research a field survey was conducted via 30 interviews with safety and health experts and risk management staff in the field of construction industry in Oman followed by a questionnaire divided into six categories. 151 responses were analysed. The aim was to explore the availability, awareness, type and implementation of ORA. Six key risks were identified; namely: working at heights; working on fragile roofs; using electrical equipment; working under high voltage overhead power lines; working in confined spaces; working without knowing how to use the provided emergency equipment. All respondents were male gender and 61 per cent of them were below the age of 40. 59 per cent of respondents have education equal to or below the national diploma (≤ 12 level). 75.5 per cent of the respondents work in construction industry followed by the consultants (19%). 53 per cent of respondents were labourers and technicians. 96 per cent of projects were residential, commercial or a combination of residential and commercials buildings. 81.3 per cent of workers were having equal or less than 10 years of experience in the construction projects. 53 per cent of respondents never experienced fatality during their work. 53.6 per cent of respondents indicated that they do not have Risk Assessment Matrix for Occupational Safety and Health. All respondents agreed that it is important or very important to apply Occupational Risk Assessment Matrix in accordance with the local regulations. Only 42.4 per cent strongly agree that HSE personal should carry out risk assessment before any activity. Most respondents showed willingness of applying risk management by workers.
Risk Management in High Rise Construction Projects: A ReviewA Makwana
This paper gives information about identification of risk factors and perceptions of Indian construction practitioners i.e., contractors, owners, project managers and Engineers on the importance of different construction risks and how the risks should be assigned between the different parties of the contract. As the very common project styles, construction projects have so many characteristics likewise time limitation, specific items, financial restrictions and requirements, extraordinary structural and legal situations, complexity features. For this situation every construction project has own complex method. Risks constantly happen at construction projects and frequently cause time overrun or cost overrun. If you don’t contemplate these risk factors, or neglect the main factors, these risk factors will affect the damage because of the managerial errors. Risk management is the process which covers to identify the risks, for assessment with the help of qualitatively and quantitatively, to response with appropriate technique for management and controlling. The concept has gain popularity in various industries. Various companies frequently found the method in their projects for upgrading their performance, reducing their losses and increasing their profits. Questionnaire survey among clients, contractors, engineers and architects is analyzed using, Relative Importance Index (RII) and Importance Index (IMP.I) methods. The focus of this study is to understand what Risk Management is, understand the process of risk management at construction project and have depth knowledge on the use of risk management in high-rise construction projects.
ESTABLISHING RISK MANAGEMENT FACTORS FOR CONSTRUCTION PROJECTS IN IRAQ IAEME Publication
The construction industry is widely associated with a high risk and uncertainty due to the nature of its operating environment. This study aim s to identify and evaluate key risk factors and their frequency and severity and then their impact in different types of construction projects in Iraq . A questionnaire survey was conducted and a total of sixty five critical factors were identified and categorized into eight groups. These are: 1. Financial related risk, 2. Legal related risk, 3. Management risk, 4. Market related risk, 5. Politic al and security related risk, 6. Technical related risk, 7. Environmental related risk, and 8. Social related risk. Seventy five respondents participated in the survey representing 22 clients, 21 consultants and 32 contractors. The results are presented on the basis of their frequency, severity and importance. The study revealed that the most ten important factors are: Security measures, loss incurred due t o corruption and bribery, loss due to bureaucracy for late approvals, un-official holidays, loss incurred due to political changes, increase of material s price, unfairness in tendering, improper project planning and budgeting, design changes and increase of labor costs. Finally the study suggested that what are the importance of risk function and project risk management for project success.
International Journal of Engineering Research and DevelopmentIJERD Editor
Electrical, Electronics and Computer Engineering,
Information Engineering and Technology,
Mechanical, Industrial and Manufacturing Engineering,
Automation and Mechatronics Engineering,
Material and Chemical Engineering,
Civil and Architecture Engineering,
Biotechnology and Bio Engineering,
Environmental Engineering,
Petroleum and Mining Engineering,
Marine and Agriculture engineering,
Aerospace Engineering.
RISK MANAGEMENT IN CONSTRUCTION PROJECTS AS PER INDIAN SCENARIOIAEME Publication
Construction industry is highly risk prone, with complex and dynamic project
environments creating an atmosphere of high uncertainty and risk. The industry is
vulnerable to various technical, sociopolitical and business risks. The track record
to cope with these risks has not been very good in construction industry. As a
result, the people working in the industry bear various failures, such as, failure of
abiding by quality and operational requirements, cost overruns and uncertain delays
in project completion. In light of this, it can be said that an effective systems of risk
assessment and management for construction industry remains a challenging task
for the industry practitioners. The aim of the this research is to identify and evaluate
current risks and uncertainties in the construction industry through extensive
literature survey and aims to make a basis for future studies for development of a
risk management framework to be adopted by prospective investors, developers and
contractors
In Indian scenario of infrastructure industry, there is a colossal vocation of peril analysis knacks and tools available for the management of affliction. In dogma, each peril analysis knack has its strengths and weaknesses. Knacks such as Probability Theory, Certainty Factors and Dempster-Shaffer theory of evidence are discussed with regard to their application to peril analysis in road projects. Suggestions on the most appropriate tools associated with the knacks are also presented. The mighty and emaciation of each knack are highlighted and discussed. This paper inferred the peril to be determined in project.
The infrastructure construction sectors are usually complex. Zero risk construction projects are only an
assumption. The objective of this paper is to identify the risks factor associated with the urban infrastructure
construction projects causing delay. The research found that those risks are directly associated to clients,
contractors, sub-contractors that would cause delay in the construction work. Other factors are also
identified such as project, financial, political, technical, market risk, managerial, resource risk, and force
majeure. All risk factors affect the time, cost and quality performance of the construction project. From risk
management perspective, it is the process on which identifies the risks and analyzed with qualitatively and
quantitatively. All associated risks can treat by various mitigation processes and then mitigating method are
monitored to control the risks. Risk management distinguishes between success and failure of a project.
So, Nepal could use it effectively to meet its growing need of infrastructure and job opportunity
A Study on Risk Assessment in Construction ProjectsIJMER
Risks are very common in construction sector. Risk management includes identifying risks,
assessing risks either quantitatively or qualitatively, choosing the appropriate method for handling the
risks, and then monitoring and documenting risks. By identifying risks in an early stage of planning and
assessing their relative importance, project managers can identify methods used to reduce risks and
allocate the best people to mitigate them. Thus, this research focuses on risk identification, as opposed
to other processes of risk management. "Brain-storming sessions" is the most popular method used
frequently to identify the risks in projects as deduced from a questionnaire survey from participants in
large construction projects. Time and cost management need to be fully integrated with the
identification process. Time constraints and project managers with sufficient experience are critical
when identifying the level of risk for large and/or complex projects. The most considerable types of risk
in construction projects are financial risks, construction risks, and demand or product risks
Similar to Risk Severity Framework for a BOT Highway Project (20)
Axial Capacity Enhancement of CFRP Confined Columns Made of Steel Fiber Reinf...IOSRJMCE
Results of the experimental study on the axial compressive behavior of steel fiber reinforced concrete (SFRC) wrapped with fiber reinforced polymer (FRP) have been presented in this paper. A total of 18 concrete cylinders were tested under axial compression. The effects of steel fiber parameters were investigated which includes fiber aspect ratio (AR) and fiber volume fraction (VF). The concrete cylinders were divided into groups of confined and unconfined ones. In accordance with previous study, it was found that, FRP confined cylinders showed greater axial stress than that of unconfined specimens. Although the presence of steel fiber increases the peak axial stresses for both confined and unconfined group of specimens, but no significant change of peak axial stress (and peak strain) has been observed in both confined and unconfined group due to increase of fiber volume ratio. But with the increase of fiber aspect ratio, the peak axial stresses of both unconfined and FRPconfined cylinders were found to slightly decrease. It was also observed that, concrete specimens reinforced with internal steel fiber absorbed much higher energy than that of unreinforced ones.
Smart Response Surface Models using Legacy Data for Multidisciplinary Optimiz...IOSRJMCE
One of the key challenges in multidisciplinary design is integration of design and analysis methods of various systems in design framework. To achieve Multidisciplinary Design Optimization (MDO) goals of aircraft systems, high fidelity analysis are required from multiple disciplines like aerodynamics, structures or performance. High Fidelity Analysis like Computer-Aided Design and Engineering (CAD/CAE) techniques, complex computer models and computation-intensive analyses/simulations are often used to accurately study the system behaviour towards design optimization. Due to high computational cost and numerical noise associated with these analyses, they cannot be used effectively. The use of surrogates or Response Surface Models (RSM) is one approach in Multi Disciplinary design optimization to avoid the computation barrier and to take care of artificial minima due to numerical noise. This paper brings out a method based on use of “Smart Response Surface Models" to generate surrogate models, with its validated subspace, in the design space around the point of interest with the use of legacy data for MDO. The method has been evaluated on three test cases, which are created based on High Speed Civil Transport (HSCT) Multidisciplinary Design Optimization Test Suite
Experimental and Numerical Modal Analysis of a Compressor Mounting BracketIOSRJMCE
Experimental modal analysis has grown steadily in popularity since the advent of the digital FFT spectrum analyzer in the early 1970’s. Today, impact testing (or bump testing) has become widespread as a fast and economical means of finding the modes of vibration of a machine or structure. In this paper, it presents the experimental and numerical modal analysis of a compressor mounting bracket (CMB). The dynamic behavior of CMB is investigated through impact testing. The three-dimensional finite element models are constructed using Altair HyperMesh and an numerical modal analysis is then performed to generate natural frequencies and mode shapes in the three-orthogonal directions. The finite element model agrees well with the experimental tests and eventually it helps the designer to design upfront with much lesser cost and time of experimentation
Analysis and Design Aspects of Support Measures of Main Caverns of Karuma Hyd...IOSRJMCE
The Power house complex of Karuma Hydropower project comprises three main caverns i.e Power house, Transformer Hall and Tailrace surge gallery set at a depth of about 80m in mainly granitic gneiss rock medium. The cavern has been oriented in a N141° direction based on engineering considerations. The principle stress direction is also found nearly parallel to the axis of the caverns and thus the present orientation satisfies both engineering and geotechnical criteria. The support by way of rock anchors and SFRS/ Plain shotcrete has been provided based on analysis using phase 2 software. The underground caverns lie in low geostress field and therefore numerical simulation of excavation of these caverns were done to understand the rock mass behavior during excavation and thus help in design of excavation sequence and rock support. The excavation of all three caverns has since been completed and concrete works are in progress. This paper sums up the 3D simulation analysis of the rock medium and the proposed rock support system for the three caverns.
A Review: Effect of Laser Peening Treatment on Properties And Life Cycle of D...IOSRJMCE
- In this review, the effect of laser peening process with and without protective coating is discussed over the different material and it is observed that the residual stress are induced in material surface up to some depth according to process parameters of LSP. Fatigue strength and micro-hardness of material are enhance by inducing residual stresses which further depends on process parameters and material properties.
Experimental Evaluation of Refrigerant Mixtures as Substitutes for HFC134aIOSRJMCE
Refrigerant R134a base systems has higher GWP value that's why the conversion of same into ecofriendly system is the major concern for refrigeration industry. This investigation focuses on mixture ratio of pure hydrocarbon R290 and R600a used in 200 liter domestic refrigeration system by certain changes in mass ratio of refrigerants. In the present work, first of all the effect of mass ratio of HCM refrigerants on the performance of the system was investigated. HCM of R600a/R290 (60/40 by wt. %) gave better performance than that of HCM R600a/R290 (70/30 by wt. %), R600a/R290 (50/50 by wt. %) and R134a. The mass ratio of HCM (R600a/ R290) refrigerants was optimized for the performance parameter with respect to evaporating temperature. The COP of R600a/R290 (60/40 by wt. %) mixture was higher than that of R600a/R290 (50/50 by wt. %) by 21.9% and 17.6% at -5 0C and 5 0C evaporative temperature respectively. COP decreased as propane mass fraction in HCM increased above 40%.
Simulation and Analysis of Electrolyte Flow Pattern in ECM for L-Shaped Tool ...IOSRJMCE
Electrochemical machining (ECM) is a non-traditional machining method based on principle of reverse electroplating (anode loses metal to cathode). ECM uses principal of electrolysis to remove metal from the work piece. Due to improper tool design of complicated shapes, there are chances of passivation and boiling of electrolyte in ECM process that causes poor machining. In this present study three dimensional flow pattern of ECM process has been simulated using Computational Fluid Dynamics (CFD) in L-shaped tool models. This work is for optimizing the design of L-shaped tool and to study the flow pattern, current density distribution, velocity profile, temperature pattern, turbulence and final shape change of workpiece top surface. ANSYS was used for design and simulating this CFD problem, the geometrical model consists of a circular workpiece made with Iron, 20% brine solution (NaCl) as electrolyte and L-shaped copper tool with different kind of grooves.
Study on Transverse Displacement in Composite Laminated Plates across Thickne...IOSRJMCE
: In this paper main focus is given on alternative ways of thermal load applied through the thickness of laminated composite plate. Research has assumed gradient or constant thermal profile along the thickness of the plate. Laminated composite is a complex material therefore assumed loading profiles may not obey the gradient or constant thermal profile path therefore, as a research in all total 10 thermal profiles are studied. The results in tabular and graphical forms are presented along with discussion. First Order Shear Deformation Theory (FOST) is used for analysis. Various quantities, namely in plane as well as transverse displacements and stresses are obtained when thermal load is applied in various orientations along the thickness of the plate. Main focus in this article is analysis of transverse shear displacement and results are presented in tabular and graphical form.
Study of Forced Convection Heat Transfer with Single phase and mixture phase ...IOSRJMCE
In this study, forced convection heat transfer of nanoliquids is done using both single-phase and mixture-phase models and the results are compared with experimental results. The governing equations of the study here are discretized using the finite volume method. Hybrid differencing scheme is used to calculate the face values of the control volumes. A code is written using SIMPLER algorithm and then solved using the MATLAB engine. The mixture-phase model studied here, considers two slip mechanisms between nanoparticle and base-fluid, namely Brownian diffusion and thermophoresis. Al2O3-water nanofluid is used for the study of nanofluid and the study shows significant increase in convective heat transfer coefficient while the mixturephase model demonstrates slightly lower values than the single-phase model. The study is done with various nanoparticle concentrations and Reynolds numbers. With increasing particle concentration and Reynolds number, the convective heat transfer coefficient increases and as well as the shear stress. For low concentrations of the nanoparticle, Nusselt number is slightly lower than the base fluid and as the concentration increases, the Nusselt number also rises higher than the base fluid
Eigenvalue Buckling Computation and Impact on Pipeline Wall Thickness and Sub...IOSRJMCE
Submarine pipelines used in the transportation of hydrocarbon in the oil and gas industry are usually subjected to external hydrostatic pressure and compressive stresses resulting in susceptibility to buckling and loss of structural stability. The objective of the present work was to examine influence of wall thickness on eigenvalue buckling load and hydrostatic pressure on ocean depth. Linear buckling analysis was conducted employing finite element method using ANSYS software package and the simulation was conducted varying wall thickness and ocean depth. The investigation showed collapse buckling pressure decreased linearly with ocean water depth but increased with thickness increment. Pipeline buckling failure can be minimized with wall thickness optimization design and selection.
Mechanical Analysis of an Ixtle Based Cable for Its Use in ArchitectureIOSRJMCE
Thegrowing conscience for sustainability has driven humanity to attempt to go back to basic and natural materials, such as the use of earth, and the incorporation of biopolymers and fibers, producing, among other things, a diverse kind of structural elements applied to architecture. Natural fibers can be a good alternative given its abundance and the great number of possibilities in regard to its use.The lechuguilla agave Torrey is a plant, belonging to the Agavaceaefamily, that can be found in several zones of Mexico, and from it, the fiber known as ixtle, generally used in the elaboration of crafted structures, can be obtained.The present paper has studied the stress resistance of the ixtle fibers, of this specie and its qualitative effect when dosed in an earth mixture to be used as mortar for wall coating. The study consisted in stress testing the fibers separately and entwined for its possible use. In the case of the mortar, different samples of clay soils were taken, stabilized and dosed with and without the fiber, observing the effect when used to cover a block surface and determining the material’s resistance to compression. It has been found that it is possible to add fibers in mixtures and obtain a greater adherence in the block’s surface, besides, it can be added to clay samples for revoke obtaining resistances of 18kg/cm2. Finally it was obtained that by weaving the fibers, the stress resistance can be enhanced by over 600%.
Application of Artificial Neural Networking for Determining the Plane of Vibr...IOSRJMCE
In this paper a new approach for Artificial Neural Networking using Feed Forward Back Propagation Method and Levenberg-Marquardt backpropagation training function has been developed using Java Programming, where by directly feeding the RMS and Phase values of vibration, the unbalance plane can be detected with minimum error. In a Machine Fault Simulator RMS value and phase values of vibrations are collected from the four accelerometers placed in X and Y direction of Left and Right Bearings .Further these data are fed into the neural network for training purpose. In the testing phase of the neural network, the plane of vibration has been determined using different training algorithms available in MATLAB. Their prediction values have been compared with the actual value, errors for different training algorithms are calculated and a conclusion has been drawn for the best training function available for this current research work.
Effect of Stiffening System on Building Resistance to Earthquake ForcesIOSRJMCE
Multi-story steel buildings of various heights under the action of earthquake force are analyzed by using time-history analysis technique. The ground motion records of El Centro, California in 1940 are considered in this study. Different types of stiffening systems (bracing and shear walls) are used for the considered buildings. The main objective of this study is to evaluate the response of steel structures subjected to earthquake excitation and to investigate the effect of various stiffening systems in improving the response of these buildings. The finite element method of SAP 2000 V17program is used in the analysis. A static analysis is conducted to obtain an indication on the stiffness of the studied stiffening models in order to interpret the stiffness effect on the response of the structures under the seismic load. It is found that, the natural period of a structure is highly affected by the height of the structure and the used stiffeningsystem. It is inversely proportional with the stiffness and directly proportional with the height of the structure. It is concluded that the roof displacement andits maximum value at a specific momentdoes not give a clear indication for the behavior of building. Therefore the full time response of the building must be considered. Also it has been concluded that it is not necessarily when the stiffness of a building increases, the roof or any story displacement of the building decreases under earthquake load.
Resource Optimization of Construction Project Using Primavera P6IOSRJMCE
Construction projects are unique in nature, having their own difficulties, uncertainties and risks, posing never-ending questions concerning the resources and costs. There is always a conflict between ‘how much it will cost?’ and ‘where to raise the finances from?’. The success of a project depends upon the efficiency with which the project management gets the work done by utilizing the planned resources of men, materials, machinery, money and time.. In large scale projects, preparing an accurate and workable plan is very difficult. Resources are required to carry out specific tasks in a project, but the availability of resources within a given firm is always limited. While preparing the schedule structure, the Project Manager might schedule certain tasks in parallel. In such cases it might be possible that the same resource is being used in both the parallel tasks, while its availability is limited. This paper emphasises how the Project Manager could resolve such conflicts by using Resource Balancing in modern softwares such as Primavera (P6) R8.3, to reduce laborious computations. In this paper, the Resource Balancing techniques namely smoothing & leveling have been investigated in detail. This paper uses a case study in order to portray how Resource Balancing could be done using Primavera p6 and its effects are on the duration and cost of the entire project.
Optimization of Electrical Discharge Machining Process Parameters using SCM42...IOSRJMCE
Electrical discharge machining is a nonconventional machining process which enables machining of complex and intricate shapes, hard materials that are precise and difficult to machine such as heat treated tool steels, composites, super alloys, ceramics, carbides, heat resistant steels etc. The process involves spark erosion in the presence of dielectric fluid. In this work SCM 420low alloy steel is the material used for the machining purpose with electrolyte copper as tool. This work investigates effect of process parameters peak current (IP), Pulse on time (Ton) and gap voltage (Vg) on Material removal rate (MRR) and surface roughness (Ra). Response surface methodology is used for experimental design. The suggested model can be used in the different manufacturing firms by selecting right combination of process parameters to achieve optimal values of output responses.
Efficient Mass Participation Ratio of Building with BasementIOSRJMCE
This study investigates the effect of basement floor(s) on seismic analysis of buildings. Considering the basement floor(s) in the seismic analysis using response spectrum method creates a problem regarding the mass participation ratio (MPR) which should not be less than 90% of total mass of building as a requirement by the code. While the MPR depending on the number of mode shapes used in the modal analysis, some codes allow to neglect this ratio with condition that use a reduced number of mode shapes with some restrictions to calculate it. A parametric study was performed to investigate this reduced number of mode shapes and a new restriction was performed to calculate it. The natural period, the top lateral displacement and the internal straining actions using the reduced numbers of mode shapes were compared with those of building where using the number of mode shape which can reach 90% MPR. Finite element simulations are conducted using ANSYS program to investigate the effect of basement floor(s). Results are presented for different buildings by considering different numbers of floors for the super structure (2, 5, 10, 15 and 20), the number of basements (1 and 3) and spring support stiffness, which simulate the effect of soil. The numerical results of the considered cases show that the requirement of 90% MPR can be neglect by using a reduced number of mode shapes and some restrictions stated in this study. In such case the accuracy will be not less than 95%.
Literature Review of Experimental Study on Load Bearing Masonry WallIOSRJMCE
Masonry load bearing wall subjected to vertical concentric and eccentric loading may collapse through instability. In this Paper the buckling behavior of masonry load bearing wall of different slenderness ratio were investigated by many researcher has been reviewed via testing a series of scale masonry wall subjected to concentric and eccentric vertical loading. The influence of nonlinear behavior of interface element, slenderness ratio and various end conditions have been investigated together with the effect of different end eccentricity of vertical load.
Structural Design of Concrete Structure Using E-TabsIOSRJMCE
In the world of technology and evolution, the field of civil engineering has also grown in various dimensions. Earlier the analysis and sustainability of the civil structures used to be paper based calculations which led to insufficient accuracy of analysis and variable factors affecting the failure of the structure through inevitable instances. But with the help of integration of various engineering fields, this determination of various characteristic changes, durability, deformation or failure caused due to hidden factors which are left out in the manual calculations i.e. paper based have converted and led this system to whole new level. Now a number of software are developed for analysis, computation and management of building of civil structures which are highly precise. This document provides the various uses, merits of the software E-Tabs in the construction field and in the analysis of the concrete structures as well as steel structures.
Finite Element Analysis of Opening Plate, Fixed Tube Sheet and Floating Sheet...IOSRJMCE
)A heat exchanger is a device that is used to transfer thermal energy (enthalpy) between two or more fluids, between a solid surface and a fluid, or between solid particulates and a fluid, at different temperatures and in thermal contact. Opening Plate, Fixed Tube Sheet and Floating Tube Sheet is a part of Shell & Tube Heat Exchanger, used in refinery and oil & gas production. Typically, shell & tube heat exchanger can be considered as a pressure vessel subjected to uniform internal pressure. Hence the shell & tube heat exchanger in various design and operating conditions needs to be checked and verified for soundness of participating components. Opening, Fixed tube and Floating sheet plate due to uniform internal pressure in the shell & tube heat exchanger can produce high-localized stress and deformation. If the components are not designed for these conditions, safety of the equipment is at stake. Hence check for the stress and displacement of the shell & tube heat exchanger during operating condition is carried out using finite element analysis software and observed that shell & tube heat exchanger is free from collapse and serviceability failure.
Influence of Combine Vertical Irregularities in the Response of Earthquake Re...IOSRJMCE
This study investigates the effect of frame set-back with vertical irregularity in height on accuracy of Pushover Analysis for predicting target displacement, story drifts, base shear and performance point. The behavior of high rise building during strong earthquake motion depends on the distribution of mass, stiffness and strength in both horizontal and vertical planes of the buildings. The Indian IS code 1893:2002(Part 1) has pointed out of different structures irregularities like plan irregularity and vertical irregularity. In this study the seismic performance of G+ 16 storey having combine effect of vertical irregularity with R.C building are examined using Non Linear Static Analysis (Pushover Analysis). The Base shear, lateral displacement, storey drift and performance points are the response parameters use to quantify the performance of the structure. These irregularities are responsible for structural collapse of buildings under the action of dynamic loads. Five different types of building geometry are taken one regular and four irregular frames. The all buildings are modeled and analyzed in software SAP 2000. It was found that irregularity in elevation of the building reduce the performance level of structure.
Hierarchical Digital Twin of a Naval Power SystemKerry Sado
A hierarchical digital twin of a Naval DC power system has been developed and experimentally verified. Similar to other state-of-the-art digital twins, this technology creates a digital replica of the physical system executed in real-time or faster, which can modify hardware controls. However, its advantage stems from distributing computational efforts by utilizing a hierarchical structure composed of lower-level digital twin blocks and a higher-level system digital twin. Each digital twin block is associated with a physical subsystem of the hardware and communicates with a singular system digital twin, which creates a system-level response. By extracting information from each level of the hierarchy, power system controls of the hardware were reconfigured autonomously. This hierarchical digital twin development offers several advantages over other digital twins, particularly in the field of naval power systems. The hierarchical structure allows for greater computational efficiency and scalability while the ability to autonomously reconfigure hardware controls offers increased flexibility and responsiveness. The hierarchical decomposition and models utilized were well aligned with the physical twin, as indicated by the maximum deviations between the developed digital twin hierarchy and the hardware.
Hybrid optimization of pumped hydro system and solar- Engr. Abdul-Azeez.pdffxintegritypublishin
Advancements in technology unveil a myriad of electrical and electronic breakthroughs geared towards efficiently harnessing limited resources to meet human energy demands. The optimization of hybrid solar PV panels and pumped hydro energy supply systems plays a pivotal role in utilizing natural resources effectively. This initiative not only benefits humanity but also fosters environmental sustainability. The study investigated the design optimization of these hybrid systems, focusing on understanding solar radiation patterns, identifying geographical influences on solar radiation, formulating a mathematical model for system optimization, and determining the optimal configuration of PV panels and pumped hydro storage. Through a comparative analysis approach and eight weeks of data collection, the study addressed key research questions related to solar radiation patterns and optimal system design. The findings highlighted regions with heightened solar radiation levels, showcasing substantial potential for power generation and emphasizing the system's efficiency. Optimizing system design significantly boosted power generation, promoted renewable energy utilization, and enhanced energy storage capacity. The study underscored the benefits of optimizing hybrid solar PV panels and pumped hydro energy supply systems for sustainable energy usage. Optimizing the design of solar PV panels and pumped hydro energy supply systems as examined across diverse climatic conditions in a developing country, not only enhances power generation but also improves the integration of renewable energy sources and boosts energy storage capacities, particularly beneficial for less economically prosperous regions. Additionally, the study provides valuable insights for advancing energy research in economically viable areas. Recommendations included conducting site-specific assessments, utilizing advanced modeling tools, implementing regular maintenance protocols, and enhancing communication among system components.
Overview of the fundamental roles in Hydropower generation and the components involved in wider Electrical Engineering.
This paper presents the design and construction of hydroelectric dams from the hydrologist’s survey of the valley before construction, all aspects and involved disciplines, fluid dynamics, structural engineering, generation and mains frequency regulation to the very transmission of power through the network in the United Kingdom.
Author: Robbie Edward Sayers
Collaborators and co editors: Charlie Sims and Connor Healey.
(C) 2024 Robbie E. Sayers
Immunizing Image Classifiers Against Localized Adversary Attacksgerogepatton
This paper addresses the vulnerability of deep learning models, particularly convolutional neural networks
(CNN)s, to adversarial attacks and presents a proactive training technique designed to counter them. We
introduce a novel volumization algorithm, which transforms 2D images into 3D volumetric representations.
When combined with 3D convolution and deep curriculum learning optimization (CLO), itsignificantly improves
the immunity of models against localized universal attacks by up to 40%. We evaluate our proposed approach
using contemporary CNN architectures and the modified Canadian Institute for Advanced Research (CIFAR-10
and CIFAR-100) and ImageNet Large Scale Visual Recognition Challenge (ILSVRC12) datasets, showcasing
accuracy improvements over previous techniques. The results indicate that the combination of the volumetric
input and curriculum learning holds significant promise for mitigating adversarial attacks without necessitating
adversary training.
Forklift Classes Overview by Intella PartsIntella Parts
Discover the different forklift classes and their specific applications. Learn how to choose the right forklift for your needs to ensure safety, efficiency, and compliance in your operations.
For more technical information, visit our website https://intellaparts.com
Sachpazis:Terzaghi Bearing Capacity Estimation in simple terms with Calculati...Dr.Costas Sachpazis
Terzaghi's soil bearing capacity theory, developed by Karl Terzaghi, is a fundamental principle in geotechnical engineering used to determine the bearing capacity of shallow foundations. This theory provides a method to calculate the ultimate bearing capacity of soil, which is the maximum load per unit area that the soil can support without undergoing shear failure. The Calculation HTML Code included.
HEAP SORT ILLUSTRATED WITH HEAPIFY, BUILD HEAP FOR DYNAMIC ARRAYS.
Heap sort is a comparison-based sorting technique based on Binary Heap data structure. It is similar to the selection sort where we first find the minimum element and place the minimum element at the beginning. Repeat the same process for the remaining elements.
1. IOSR Journal of Mechanical and Civil Engineering (IOSR-JMCE)
e-ISSN: 2278-1684,p-ISSN: 2320-334X, Volume 14, Issue 1 Ver. II (Jan. - Feb. 2017), PP 52-56
www.iosrjournals.org
DOI: 10.9790/1684-1401025256 www.iosrjournals.org 52 | Page
Risk Severity Framework for a BOT Highway Project
By K.Srinivas, Assistant Professor,
National Institute of Construction Management and Research (NICMAR)
Abstract: Adequate attention needs to be given to project risk management for reaping the benefits by way of
meeting the objectives of an organisation. Organisations which implement good risk management practices
derive maximum advantage by way of fewer risks which are quite manageable in general and more so in
infrastructure sector which is subjected to plethora of risks. The role of infrastructure in the overall
development of a nation cannot be underscored. Considering this, a study has been carried out for an ongoing
highway project being executed in the state of Telangana (India) under NHAI. The study was carried out by
administering the questionnaire to 250 experts associated with highway sector and the response received was
110. The respondents were asked to identify the risks in four phases of a project namely Feasibility phase,
Development Phase, Execution Phase and Operation phase and also the likelihood and impact of each of the
identified risks. The severity of risk was determined based on the likelihood and impact of risks and was
categorized accordingly. The severity of risk indicates the extent to which the project is exposed to that
particular risk and the mitigation measures need to be taken accordingly to minimise the effect of risk.
Keywords: Risk assessment, Risk severity
I. Introduction
Construction industry right from the conceptual phase to commissioning of project is subjected to risks
which needs to be addressed by the stakeholders concerned. In recent times, the nature, incident and impact of
risk in construction industry has become a topic of interest because of its effects on quality, time and cost of
construction projects (Ojo, 2010, Windap et al 2010 and Joshua 2010) Risk is important to contractors, clients
and consultants within the construction industry. Construction activities are subjected to plethora of risks which
have to be considered by the management if they are to achieve their objectives.As per Project Management
Institute (PMI, 1996) “Risk is uncertainty and result of the uncertainty or lack of predictability about structure,
outcome or consequences in a planning or decision situation”. Risk management is defined as “entire set of
activities and measures that are aimed at dealing with risks in order to maintain control over the project”
Construction risk management is the process of identifying, analyzing and mitigating the risks in the project by
proper response (PMI,2003).According to www.antive.net(2012),project risk management involves risk
identification, risk analysis, creating a risk response action plan, monitoring and controlling of risks in a project.
ISO 31000 defines “Risk Management as identification, assessment, and prioritisation of risks followed by
coordinated and economical application of resources to minimise, monitor, and control the probability and/or
impact of unfortunate events or to maximize the realization of opportunities. Risk Management’s objective is to
assure uncertainty does not deflect the endeavor from the business goals. Martin Schieg (2006) defines “Risk
management constitutes a strategy to avoid losses and use available chances potentially arising from risks. The
strategy demands from the person to take a precise “consideration” and “assessment” of the situation and the
scenarios likely to occur in future. This means recognising potential risks and circumventing a threat by
averting , evading or reducing their negative effects”An infrastructure project by its very nature is subjected to
variety of risks and hence the impact of risks on the project if it were to occur will be substantial. This study is
confined to a highway project in state of Telangana (India) by considering various risks in the four phases of the
project and calculating the severity of each risk based on which suitable risk mitigation measures have been
proposed.
II. Literature Survey
Al-Bahar and Crandall1
on systematic risk management approach for construction projects have
concluded that brainstorming sessions and analysis of historical data of similar projects were found to be the
most preferred methods of risk identification in construction industry and that formal risk management process
is used infrequently. Ahmed et al2
in his study has concluded that complexities of projects, locations and type of
contracts are significant contributors to risk in construction projects. Ijigah Edoka Augustine et al3
on risk
management practices in Nigerian construction industry have concluded that risks are not properly managed
and that there is need for strategy to reduce the risks by way of formulation of effective risk management
index.YYL Florence et al4
have concluded that every infrastructure project is subjected to multiple risks and it
is the responsibility of promoter to promoter to mitigate the risks by having a strong management team and a
2. Risk Severity Framework For A BOT Highway Project
DOI: 10.9790/1684-1401025256 www.iosrjournals.org 53 | Page
comprehensive risk management should be conducted and mitigation plan be prepared for ensuing the success
of project. Baloi et al5
did a modeling study on global risk factors affecting the cost performance in construction
projects and have concluded that there is need to incorporate global risk factors in any project for effective
project mitigation. Debasis Sarkar et al 6
on Project Risk Management Framework for PPP models for Indian
highway projects have developed a framework for project risk management for PPP models for Indian Highway
projects. Jonathan k.Fabi et al7
have conducted a study on risk Management practice of highway projects in
Nigeria and recommended that adequate training for all stakeholders in highway construction sector for
effective management of risks and for meeting the project objectives. Kansal RK et al8
in their study on risk
assessment methods and application in construction have concluded that various methods of risk assessment like
brainstorming, checklist, Delphi method and risk significant index methods are used and each method has its
own limitation and that risk assessment methods can be integrated for applying risk management effectively.
Shehu et al9
have stressed that construction is a risk prone industry with poor track record of coping with risks as
a result of which clients are not able to reap full benefits of their investment. Nerija Banaitiene et al10
have
concluded that risk management is the core of project management and that success of any project depends on
how effectively uncertainties are handled. DadaJ O et al11
on evaluation of impact of risk in construction
industry have identified political risk as the main risk factor and that contingency amount in the estimate should
be based on procurement method. Debasis Sarkar et al12
in their study on project risk management in
underground construction of metro rail have concluded that cost uncertainties and risks should essentially be
carried out for infrastructure projects and that risks involved in infrastructure project from concept to
commissioning, if not treated properly, probability of successful completion of project gets diminished.Shen LY
and et al13
in their study on risk assessment for construction joint ventures in china have observed that risk
transfer is an effective tool for mitigating the risks in infrastructure projects. Martina Claudia Garrido et al14
in
their study have concluded that formal risk identification and application techniques in Brazilian construction
industry is rarely used and that more informal methods are applied for risk identification.Rinaj Pathan et al15
in
their study on Risk assessment of BOT projects have evaluated the role of financial stability of the project and
its subsequent effect on risks and concluded that a BOT project gets affected by various parameters like toll
structure, toll revision schedule , extent of government grant etc and that project sponsor and promoter need to
arrive at an agreement on sharing of risks for effective risk mitigation.
III. Research Methodology
Data for the study was collated through a questionnaire that was administered to 250 participants of the
project which is being executed in the state of Telangana (India). The recipients of Questionnaire were clients/
developers, architects, contractors, consultants, engineers etc who were involved in construction of project.. The
response received was 110(44%). The respondents were asked to furnish the likelihood of occurrence of a
risk(L) and its impact(I) on a scale of 1 to 5 whose connotation is given below
Table:1 : Connotation for Likelihood and Impact of risk
Scale Connotation for
likelihood
Connotation
for Impact
1 Improbable Insignificant
2 Unlikely Marginal
3 As likely as not Serious
4 Probable Critical
5 Highly probable Catastrophe
Based on the responses furnished by the respondents, the weighted average likelihood and impact is calculated
as follows:
Weighted average = ∑(Number of responses *Concerned Numerical scale )/response received
After calculating the weighted average likelihood and impact, the severity of risk was calculated as L + I – (
L*I) where L & I are brought on a scale of 0 to 1 by dividing with 5.The connotation for severity of risk is
given as follows
Table 2: Connotation for Severity of Risk
Range of Values Severity of Risk
0.0-0.2 Nil
0.21-0.4 Insignificant
0.41-0.6 Significant
0.61-0.8 High
0.81-1.00 Very high
4. Risk Severity Framework For A BOT Highway Project
DOI: 10.9790/1684-1401025256 www.iosrjournals.org 55 | Page
5. Risk Severity
Table 7 : Risk Severity(All Phases)
Risk Likelihood Impact Risk value
L+I –( L*I)
Risk Severity
Feasibility Phase
Reliability of Feasibility Report 2.21 2.35 0.704 High
Approval and permit risks 2.83 3.4 0.861 Very High
Political risks 2.35 2.68 0.754 High
Legal risks 2.08 2.76 0.738 High
Environment and social risks 2.61 2.63 0.773 High
Development Phase
Land Acquisition 2.65 2.78 0.791 High
Resettlement & Rehabilitation 2.06 2.46 0.701 High
Design 2.59 2.81 0.789 High
Bidding 2.57 2.2 0.728 High
Environment and social risks 2.66 2.81 0.795 Very High
Market 2.81 2.59 0.789 High
Legal 2.46 2.75 0.771 High
Political 2.18 2.5 0.718 High
Financial closure 2.57 2.38 0.745 High
Technology Selection 2.37 2.26 0.711 High
Execution Phase
Utility diversion 3.05 2.74 0.823 Very High
Force Majeure 2.61 3.69 0.874 Very High
Traffic diversion 3.56 3.46 0.911 Very High
Safety 2.64 3.01 0.812 Very High
Time over run 2.99 3.48 0.878 Very High
Cost Overrun 3 3.28 0.862 Very High
Construction 2.59 2.71 0.779 High
Inflation 2.6 2.91 0.799 Very High
Contractual 2.54 3.03 0.806 Very High
Operation Phase
Traffic Revenue 2.78 2.58 0.785 High
Market 2.92 2.61 0.801 Very High
Safety 2.44 2.56 0.750 High
Force Majeure 2.51 2.98 0.799 Very High
Social and Environmental 2.58 2.64 0.771 High
Legal 2.42 2.71 0.764 High
Transportation of hazardous
chemicals
3.2 3.71 0.907 Very High
V. Conclusions
1. All the risks are in the category of high and very high and hence as such risks in the project are quite
substantial
2. Almost all the risks in the execution phase are in very high category which means that these risks have the
potential to derail the project
3. In the development phase, environment and social risks is in very high category which meant that risk of
displacement of people as well as the effect on the environment is substantial
4. In the feasibility phase, risk of approval and permit is in very high category and hence sufficient attention
should be paid to mitigate this risk.
5. Adequate attention should be given to Market, Force Majeure and Transportation risks in Operation phase.
6. Suitable risk mitigation measures by way of risk transfer, risk sharing and risk reduction is to be put in
place so as to minimise the effect of risk in the event of its occurrence.
7. On the whole it can be inferred that risks in infrastructure projects are of potentially damaging nature and
unless suitable risk management is in place, the chances of a successful project outcome is remote.
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