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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Main Author: Jerzy Paslawski
Format: Article
Language:English
Published: Riga Technical University Press 2011-12-01
Series:The Baltic Journal of Road and Bridge Engineering
Subjects:
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.
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institution Kabale University
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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