Flexibility as Risk Management Option Implemented in the Bridge Repair
Risk management in the sphere of Construction Management concentrates, on principle, at the level of projects or organizations which coordinate them. The construction business, however, when compared to many other branches of industry, is characterized by considerable operational risk. Therefore it...
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Format: | Article |
Language: | English |
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Riga Technical University Press
2011-12-01
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Series: | The Baltic Journal of Road and Bridge Engineering |
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Online Access: | https://bjrbe-journals.rtu.lv/article/view/3763 |
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author | Jerzy Paslawski |
author_facet | Jerzy Paslawski |
author_sort | Jerzy Paslawski |
collection | DOAJ |
description | Risk management in the sphere of Construction Management concentrates, on principle, at the level of projects or organizations which coordinate them. The construction business, however, when compared to many other branches of industry, is characterized by considerable operational risk. Therefore it seems that a direct impact on risk through implementation of flexibility with the proactiveness priority taken into account at the operational (source) level is a unique chance for successful risk management in the construction process engineering. The flexibility is understood in this case as the ability of an organization executing construction processes to adjust to dynamically changing environment through preparation of alternative variants (options), easy to switch over to. The specific character of implementation of flexibility has been illustrated with an example of repairing a road construction structure, with dissimilarity of that application to typical situations being emphasized. |
format | Article |
id | doaj-art-8dc7f2c09f0741b69582a42aa55ec2b7 |
institution | Kabale University |
issn | 1822-427X 1822-4288 |
language | English |
publishDate | 2011-12-01 |
publisher | Riga Technical University Press |
record_format | Article |
series | The Baltic Journal of Road and Bridge Engineering |
spelling | doaj-art-8dc7f2c09f0741b69582a42aa55ec2b72025-01-02T13:41:44ZengRiga Technical University PressThe Baltic Journal of Road and Bridge Engineering1822-427X1822-42882011-12-016425826610.3846/bjrbe.2011.332093Flexibility as Risk Management Option Implemented in the Bridge RepairJerzy Paslawski0Dept of Construction and Environmental Engineering, Poznan University of Technology, Piotrowo 5, Poznan, PL-60-96, PolandRisk management in the sphere of Construction Management concentrates, on principle, at the level of projects or organizations which coordinate them. The construction business, however, when compared to many other branches of industry, is characterized by considerable operational risk. Therefore it seems that a direct impact on risk through implementation of flexibility with the proactiveness priority taken into account at the operational (source) level is a unique chance for successful risk management in the construction process engineering. The flexibility is understood in this case as the ability of an organization executing construction processes to adjust to dynamically changing environment through preparation of alternative variants (options), easy to switch over to. The specific character of implementation of flexibility has been illustrated with an example of repairing a road construction structure, with dissimilarity of that application to typical situations being emphasized.https://bjrbe-journals.rtu.lv/article/view/3763flexibilityrisk managementconstructionproactivemonitoringrepair |
spellingShingle | Jerzy Paslawski Flexibility as Risk Management Option Implemented in the Bridge Repair The Baltic Journal of Road and Bridge Engineering flexibility risk management construction proactive monitoring repair |
title | Flexibility as Risk Management Option Implemented in the Bridge Repair |
title_full | Flexibility as Risk Management Option Implemented in the Bridge Repair |
title_fullStr | Flexibility as Risk Management Option Implemented in the Bridge Repair |
title_full_unstemmed | Flexibility as Risk Management Option Implemented in the Bridge Repair |
title_short | Flexibility as Risk Management Option Implemented in the Bridge Repair |
title_sort | flexibility as risk management option implemented in the bridge repair |
topic | flexibility risk management construction proactive monitoring repair |
url | https://bjrbe-journals.rtu.lv/article/view/3763 |
work_keys_str_mv | AT jerzypaslawski flexibilityasriskmanagementoptionimplementedinthebridgerepair |