Construction projects are bounded with uncertainties and therefore, the occurrence of risks in these projects is unavoidable. Literature confirms that risk management increases the possibility of project success. A Risk Maturity Model (RMM) is a tool, which can help projects measuring the maturity of risk management and plan for risk management improvements. This research implements a Generic Risk Maturity Model (GRMM) in one contractor and two public organizations in the Netherlands. By means of individual and group interviews, 19 experts in 11 construction projects are asked to assess the risk management in their projects. The results show that risk management is properly performed in these projects, however, the organizations seem better in identifying risks rather than mitigating risks. Experts assessed their organizations high in performing 'Risk Assessment'. The results show that the experts in the public organizations evaluate 'Policy and Strategy' of risk management and 'Management Commitment' towards risk management low. The contractor could improve its risk management by giving more attention to evaluation of the risk management process. Further research into the ambition level of risk management is suggested.
|Title of host publication||Proceeding of the 34th Annual ARCOM Conference, ARCOM 2018|
|Publisher||ARCOM, Association of Researchers in Construction Management|
|Number of pages||10|
|Publication status||Published - 1 Jan 2018|
|Event||ARCOM 2018: 34th Annual Association of Researchers in Construction Management Conference - Belfast, United Kingdom|
Duration: 3 Sep 2018 → 5 Sep 2018
Conference number: 34
|Conference||ARCOM 2018: 34th Annual Association of Researchers in Construction Management Conference|
|Abbreviated title||ARCOM 2018|
|Period||3/09/18 → 5/09/18|
Bibliographical noteGreen Open Access added to TU Delft Institutional Repository ‘You share, we take care!’ – Taverne project https://www.openaccess.nl/en/you-share-we-take-care Otherwise as indicated in the copyright section: the publisher is the copyright holder of this work and the author uses the Dutch legislation to make this work public.
- Evaluation of risk management
- Risk maturity model