Risk management in construction projects and mitigation strategy
Abstract
Risk management in construction projects and mitigation strategy
Incoming article date: 28.02.2025The article considers the issues of risk management in the implementation of investment construction projects in the oil and gas industry. The author's classification of risks, methods for assessing project risks are presented and directions for reducing risks in the implementation of construction projects in the oil and gas industry are proposed. The author attempts to determine the importance of the risk of uncertainty in the implementation of oil and gas projects in the context of instability of economic and political factors.
Keywords: risk assessment, risk of uncertainty, project management, oil and gas industry, investment construction project