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Critical Analysis of Risk Management and Significant Impacts of its Application on Sichuan Post-earthquake Reconstruction Project
Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE).
Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE).
2012 (English)Independent thesis Advanced level (degree of Master (Two Years)), 10 credits / 15 HE creditsStudent thesis
Abstract [en]

In today’s world, project risk management has always been a complex topic, especially inconstruction industry; thus managing project risks is required as compulsory for anyconstruction project to be successful. This master thesis presents a critical analysis ofproject risk management and significant impacts of its application on the success of aspecific project’s delivery. It identifies different types of project risk managementprocesses and frameworks used by construction projects. In order to examine how risk andrisk management process is perceived in construction projects, a case study of a LeheHome reconstruction project is chosen and data collection methods of semi-structuredinterviews and questionnaires are applied. The main purpose of this thesis is to explore,describe and analyze the perceived risk management practice in Lehe Home reconstructionproject. Managing risks in Lehe Home project has been recognised as a very importantproject management process in order to achieve the project objectives in terms of time,cost, quality. The study will examine and evaluate the risk management process in specificphases of Lehe Home project and essentially analyze the empirical findings. Finally, thestudy generalizes and develops the project risk analysis and management from Lehe Homeproject and suggests for public sectors to help project managers to make better decisionsunder risky conditions.

Place, publisher, year, edition, pages
2012. , 99 p.
Keyword [en]
risk, risk management, Lehe Home reconstruction project, risk management process, risk assessment, risk management tools/techniques, risk response
National Category
Business Administration
URN: urn:nbn:se:umu:diva-55191OAI: diva2:526218
Social and Behavioural Science, Law
Available from: 2012-05-11 Created: 2012-05-10 Last updated: 2012-05-11Bibliographically approved

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Nguyen Phuong, NgaYuansheng, Li
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Umeå School of Business and Economics (USBE)
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