Risk Allocation in Construction Contract

Eng. Michael Iskandr, BSc

Master's thesis

Abstract:

Risk management is an integral part of the construction contract to maximize the performance of the construction project with risk assessment. When forming the business contract, it is necessary to address the problem of risk allocation. In trying to maximize the benefit of the agreement while lowering their own risk, member nations are continuously in conflict with one another. Therefore, any discrepancies about risk distribution in a business agreement are the source of all commercial contractual problems. This thesis covers the different risks, difficulties, and technology connected to the Risk assessments in Construction Contact. The research conducted with the formulating a research objective and aim. This thesis aims to explore the risk allocation departments in construction project agreements, as well as the complexities surrounding the topic of risk allocation divisions in particular. Because the construction business involves various activities and companies of varied sizes, this thesis will study the contract-related issues that develop in the construction project. Therefore, conduct the inquiry for this thesis, a qualitative methodology in combination with a primary data collecting technique is used to gather data. Interviews were conducted using email to collect helpful information for the most current major information points, then compared to previous data points. Using this analysis technique, it is simple to conduct a position available study of project risks in the building contracting company.

Keywords

Challenges, Technologies, Risk Types, Sustainability, Risk allocation, Risk assessment

Jazyk práce: English

Datum vytvoření / odevzdání či podání práce: 31. 3. 2022

Obhajoba závěrečné práce

• Vedúci: Mgr. Bc. Sylva Řezníková, Ph.D. MA

Czech University of Life Sciences Prague

Faculty of Economics and Management

Master programme / odbor:
Economics Policy and Administration / Business Administration