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International Journal for Research Trends and Innovation
International Peer Reviewed & Refereed Journals, Open Access Journal
ISSN Approved Journal No: 2456-3315 | Impact factor: 8.14 | ESTD Year: 2016
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Impact Factor : 8.14
Issue per Year : 12
Volume Published : 10
Issue Published : 109
Article Submitted : 16129
Article Published : 7097
Total Authors : 19084
Total Reviewer : 688
Total Countries : 125
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| Paper Title: | Analysis of Risk Management Factors in Residential Renovation Work and their Mitigation |
| Authors Name: | Nadvi Noorullah Hashmullah |
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| Author Reg. ID: |
IJRTI_183191
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| Published Paper Id: | IJRTI2207183 |
| Published In: | Volume 7 Issue 7, July-2022 |
| DOI: | |
| Abstract: | Many people renovate their homes to give them a new look and make them more energy efficient. Renovating residential buildings is a difficult job to design, implement and construct there are many risks. The sector is vulnerable to several technical, socio-political, and business risks. Track record dealing with these risks is not very good in the renovation industry. People working in the industry face many failures, such as failure to meet operational and quality requirements, escalating costs, and indefinite delays in completing projects. Residential renovation work largely done by low and medium level of construction companies and firms. The aim of this work is to gain in depth knowledge of risk management and investigate the different risks, their importance, and their impact on the project objectives. In this study, the chosen method for risk management is the distribution of questionnaires to 05 renovation project in Delhi NCR in context of site execution team. Qualitative risk analysis used for analyzing the data collected from Questionnaire, the probability-impact matrix was plotted, we mark high risks from the matrix. Risk management practices of selected companies in Delhi NCR is low to average. Risk management processes that identify, transfer, and mitigate risks are essential to the success of a project. |
| Keywords: | Risk Management, Renovation Projects, Risk Analysis. |
| Cite Article: | "Analysis of Risk Management Factors in Residential Renovation Work and their Mitigation ", International Journal of Science & Engineering Development Research (www.ijrti.org), ISSN:2455-2631, Vol.7, Issue 7, page no.1164 - 1185, July-2022, Available :http://www.ijrti.org/papers/IJRTI2207183.pdf |
| Downloads: | 000204869 |
| ISSN: |
2456-3315 | IMPACT FACTOR: 8.14 Calculated By Google Scholar| ESTD YEAR: 2016 An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.14 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator |
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Published Paper ID: IJRTI2207183
Registration ID:183191
Published In: Volume 7 Issue 7, July-2022
DOI (Digital Object Identifier):
Page No: 1164 - 1185 Country: Bhopal, Madhya Pradesh, India Research Area: Civil Engineering Publisher : IJ Publication Published Paper URL : https://www.ijrti.org/viewpaperforall?paper=IJRTI2207183 Published Paper PDF: https://www.ijrti.org/papers/IJRTI2207183 |
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ISSN: 2456-3315
Impact Factor: 8.14 and ISSN APPROVED,
Journal Starting Year (ESTD) : 2016
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