Open Access Review Article

Risk in The Construction Industry

Haytham Baraka1* and Mostafa H Kotb2 and Moustafa Ismail Abu Dief3

1Zagazig University, Egypt

2Azhar University, Egypt

3Certified Forensic Claims Consultant, Egypt

Corresponding Author

Received Date: April 22, 2019;  Published Date: May 06, 2019


Risk is inherent in each project in the construction industry in various forms. It can be a threat, which has a negative impact on the project objectives. On the other hand, it can also be an opportunity, which has a positive impact, or a business risk that has a negative or positive impact. This paper provides a brief about risk in the construction industry, risk definition and types of risks. Moreover, it provides an overall view of risk management processes.

Keywords:Risk; Management; Threat; Construction; Project objective; Impact; Uncertainty

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