Risk management in implementation of investment building project on the example of business center construction

Abstract

The basic stages of management are definition of risks, estimation of risks, control of risks and financing of risks. For definition of risks and their estimation in the majority of works expert methods and a method of statistical modeling are used. However, as it is noted in [1], uniqueness of objects and conditions of their building at use of classical methods of statistical modeling don't give possibility of reception of representative experimental data, and often enough statistical conclusions become on the basis of small samples that influences on reliability of results. For practical purposes expert methods are widely used. In the article the method of expert risk evaluation is analysed. On the example of expert evaluation of technical risks in construction of business center the selection of experts, detection of the most probable risks are considered.

Keywords

• self-adjustable organization
• investment project
• risk
• peer review
• risk index
• competence of the expert
• coefficient of variation