Abstract

Macquarie Dictionary define ‘Risk’ as the chance of an adverse event depending on the circumstances. In the field of engineering, the risk is often described as a specific unwanted event and including the consequences or loss. Usually residual risk from civil engineering project would lead to serious effects. The control of residual risk is an important subject in modern civil engineering management research. In this paper, a residual risk controlling methods will be present. Firstly, the definition and other mentioned concepts will be introduced. It includes the definition of residual risk and other concepts of risk that are often confused. Next, basic ways of dealing risk will be mentioned.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.