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The construction industry is subject to more risk and uncertainty than perhaps any other industry. It is surprising, therefore, that managerial techniques, used to identify, analyze and respond to risk, had not been applied in the construction industry until the 1980s. Most people agree that risk plays an important role in decision making but there is considerable uncertainty as to what constitutes risk. A number of texts are available dealing with the theoretical concepts of risk and the techniques which identify and manage it. This book is intended to be the first step in the direction of enabling these management techniques to be put into practice in the construction industry.
Author Biography
Roger Flanagan is the author of Risk Management and Construction, published by Wiley. George Norman is the author of Risk Management and Construction, published by Wiley.
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