Integrated risk management as a supporting function when running a construction enterprise
Journal Title: Zarządzanie i Finanse - Year 2014, Vol 12, Issue 4
Abstract
The practical execution of investment projects by construction enterprises requires a comprehensive and organised approach to risk management. Therefore, the traditional risk management formula used by contractors operating in the construction industry needs to be modified into an integrated system. The principal aim of the publication is to outline the concept of integrated risk management, which is applied by a construction enterprise as a function supporting running of the company as a whole. Integrated risk management should cover all the areas in which the enterprise operates. The most important thing, however, is the ability to use appropriate methodology in this respect. That is why risk management in construction companies should be analysed from the functional point of view.
Authors and Affiliations
Piotr Tworek
Keywords
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- EP ID EP95067
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