IJEBD (International Journal Of Entrepreneurship And Business Development)
Vol 5 No 5 (2022): September 2022

Study of Failure Risk Factors for Residential Infrastructure Buildings

Dedy Suryadi (Universitas Tarumanegara, Jakarta)
Manlian R.A. Simanjuntak (Universitas Tarumanegara, Jakarta)
Basuki Anondho (Universitas Tarumanegara, Jakarta)



Article Info

Publish Date
30 Sep 2022

Abstract

Purpose: The risks and uncertainties of construction projects have the potential to cause damage to construction projects. Risk analysis and management are the main features of construction project management to effectively deal with uncertainties and unexpected events to achieve project success. Design/methodology/approach: Some pertinent risk variables for each classification are six internal, four project risk factors, and four external. Researchers detected 14 external risk factor reasons, 36 internal risk factor causes, 16 project factor causes, and 36 external risk factor causes. Findings: Researchers suggest project risk management through this study by implementing overall risk management. A properly executed project plan and identified risks as early as possible at a later stage turn into success. Managing risks does not mean avoiding them but identifying them correctly to determine all associated opportunities and hazards for project success. Research limitations/implications: A good risk management approach anticipates the risk of building failure. It can happen in residential infrastructure projects. The first step in risk management is to study the risk factors for the loss of residential infrastructure buildings. Following an analysis, the project manager generates recommendations or plans for risk reduction in response to the primary risks in infrastructure projects. Originality/value: This paper is original Paper type: Research paper

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Journal Info

Abbrev

ijebd

Publisher

Subject

Economics, Econometrics & Finance

Description

Focus and Scope IJEBD International Journal of Entrepreneurship and Business Development is an international, peer-reviewed journal publishing articles on all aspects of Entrepreneurship and Business Development. All accepted articles will be published on payment of an article-processing charge, and ...