Title: EFFECTIVE RISK MONITORING AND CONTROL WITH RISK REGISTER SYSTEM
Abstract: Systematic risk management is widely recognized as very important part of project management in construction since risk consequences directly affecting the profit. Effective risk management requires iterative repeating all its processes through whole project life cycle. The problem with risk management in practice is that is mostly done only in project planning phase and it stops after risk identification, analysis and response. Without risk monitoring and control risk management is nearly worthless as project plans are without it monitoring and control. It is our intention to present an effective tool which will help project managers guiding them though whole risk management process. The focus is on methodology risk monitoring and control and it benefits supported by Risk register system as platform for entire risk management process.
Publication Year: 2007
Publication Date: 2007-01-01
Language: en
Type: article
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