Identification of risk investment using the risk matrix on railway facilities

Abstract

The implementation of construction projects is fraught with many hazards that are difficult to determine at the stage of the tender procedure. Usually, the identification of these hazards rests with the contractors. In many cases this diagnosis is not used due to the lack of access to reliable data and easy-to-use computer programs supporting the risk analysis process.

Keywords

• threat identification
• risk
• railway investments
• planning of construction works