Qualitative Risk Analysis in Construction Projects

The term risk can be also termed as a threat to a particular construction project .Threats are present everywhere. Particularly talking about the construction projects the risks are always present. The main aim of the project is to study of various risks in the construction projects, study their importance and impact on the projects and accordingly plan for the risk analysis. Here, the work done is to recognize and identify the risks in construction projects. In this study, the qualitative risk analysis methods are used to collect data, analyse it and find out the outcomes. The research methodology selected for risk management is, distributing questionnaire survey to various clients, consultants of various construction companies and various private contractors. Qualitative risk analysis is used for data analysis and probability-impact matrix method is used in particular.