RISK IDENTIFICATION AND RISK ASSESSMENT IN REAL ESTATE PROJECTS

Authors

  • Parth Jayswal M.E Student, Dept. Of (Civil Infrastructure) Engineering, L.D.R.P Institute of Technology Research, Gujarat, India
  • Umang Patel Assistant Professor, Dept. Of Civil Engineering, L.D.R.P Institute of Technology Research, Gujarat, India

Keywords:

Risk, Estate Projects, Economy, Assessment, Identification

Abstract

Most of the construction projects worldwide involve a variety of complex processes working
simultaneously. It can be quite challenging to manage these processes. A big part of meeting these challenges is
mitigating the RISKS involved. Risk management include identifying risks, assessing risks either quantitatively or
qualitatively, choosing the appropriate method for handling risks, and then monitoring and documenting risks. onavailability of supporting infrastructure, political issues like instability of the government leading to regulatory
issues, social issues, marketing forms an important part in these projects as this is an onetime investment and the
purchase cycle is long , long development period makes the same project be at different points in the real estate value
cycle. This Project focused on identification of various types of risks involved in the real estate projects and giving
appropriate managerial implication for the risks identified. Time constraints and project managers with sufficient
experience are critical when identifying the appropriate level of risk for large and/or complex projects.

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Published

2018-03-25

How to Cite

Parth Jayswal, & Umang Patel. (2018). RISK IDENTIFICATION AND RISK ASSESSMENT IN REAL ESTATE PROJECTS. International Journal of Advance Research in Engineering, Science & Technology, 5(3), 599–601. Retrieved from https://ijarest.org/index.php/ijarest/article/view/1293

Issue

Vol. 5 No. 3 (2018): Volume: 05, Issue: 03 - March, 2018.

Section

Articles