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PROJECT RISK ASSESSMENT

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I am trying to understand from first principle the concept of risk assessment in construction projects.

Could someone out there help me clarify if the most asppropriate unit for measuring the impact of uncertainity in risk assessment is cost ?.

Please allow my naivity on this issue.

Usman
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  1. 0
    Mehdi Rashidi Alangeh ·
    #1
    As the projects get larger and deadlines tighter, risk also increases - risk of loss, risk of delay, risk of less than opimal performance. Again, I believe that you can not remove risk from such a project - you need to manage it.

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  2. 0
    Zanudin Ahmad ·
    #2
    I suggest www.projectrisk.com
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