@article{MAKHILLJEAS2017122014932,
    title = {Risk Management in Construction Projects},
    journal = {Journal of Engineering and Applied Sciences},
    volume = {12},
    number = {20},
    pages = {5347-5352},
    year = {2017},
    issn = {1816-949x},
    doi = {jeasci.2017.5347.5352},
    url = {https://makhillpublications.co/view-article.php?issn=1816-949x&doi=jeasci.2017.5347.5352},
    author = {Petr},
    keywords = {Management,project,risk,standard,construction project,objective,cost and quality},
    abstract = {No construction project is risk free. The risk factor in construction business is very high.
Construction objects are unique and built mostly only once. Construction objects life cycle is full of various
risks. Risks come from many sources: temporary project team that is collected from different companies,
construction site, etc. Moreover, the size and complexity of construction objects are increasing which adds to
the risks. This is in addition to the political, economic, social conditions where the object is to be undertaken.
Object risk can be defined as an uncertain event or condition that if it occurs has a positive or negative effect
on at least one construction project objective such as time, cost and quality. The risks cause cost and time
overruns in construction projects. The study, presents risk assessment of construction projects and its aims
to identify and analyze the risks associated with the construction projects.}
    }