Risk management workshop application: a case study of Ahwaz Urban Railway project

Abstract

ABSTRACTEffective risk management is a vital part of project management. The previous workshops in the construction industry have shown to suffer from the lack of a comprehensive risk management techniques. This paper aims to investigate the capacity of a workshop as a risk management approach through the analysis of risk management for Ahwaz Urban Railway project. The analysed workshop uses brainstorming, the combination of fuzzy and failure mode and effect analysis and multiple-choice questions to identify, evaluate and determine the best responses to risks, respectively. The workshop examination shows that a workshop gives the organization an opportunity to identify critical risks. Furthermore, it helps the organization staff to have a better understanding of the project's environment and provides chances to improve teamwork. Despite the strengths of the workshop, it has several limitations of its own. The participants should be the project's major stakeholders and the workshop requires time and money. Two of the major limitations of the analysed workshop are time limitation, and lack of risk monitoring and controlling experience. In addition, this study does not investigate the relationship between risks. However, more attempts are needed to address challenges and barriers of risk management implementation in construction industry.