A risk breakdown structure for public sector construction projects

The UK Government invests billions of pounds annually in infrastructure projects to support more effective public service provision. However, numerous major projects have failed to meet expectations, or have delivered only with significant budget increases and extensions to project timetables. This...

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Bibliographic Details
Main Author: Dalton, Marie
Published: University of Manchester 2008
Subjects:
Online Access:http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.489534
Description
Summary:The UK Government invests billions of pounds annually in infrastructure projects to support more effective public service provision. However, numerous major projects have failed to meet expectations, or have delivered only with significant budget increases and extensions to project timetables. This research aims to close the feedback loop in the risk management process on public sector construction projects so that previous experience is used to inform and improve performance on future projects. Risk source data from 25 National Audit Office (NAO) reports has been synthesised to create an evidence-based risk breakdown structure (RBS) to assist the identification phase of the risk management process.