Risk Management in Construction Service Industries

DOI

10.2991/icoi-19.2019.54How to use a DOI?

Keywords

Risk management, risk, construction service industry, risk factors, risk mitigation

Abstract

The construction service industry is one of the most risk-prone industries and is facing very diverse and high-impact risks, but the conditions of the risks faced are not offset by a high profit margin. These various risks are also faced by the construction industry with the implementation of intuition risk management, individual considerations and experiences obtained from previous contracts. This is so that, on this basis, this study aims to obtain risk factors, the most dominant influencing project implementation construction, as well as risk mitigation efforts against dominant factors to minimize and even avoid the possibility of a dominant risk that is very influential. The assumption of research is that (1) the construction industry is an industry loaded with various risks so that the level of profits obtained is low, and (2) the risk of business competition is one of the most dominant risks faced by companies playing in the construction service industry sector.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Dwi Wahyuningsih
AU  - Sukaria Sinulingga
AU  - Nazaruddin Matondang
PY  - 2019/10
DA  - 2019/10
TI  - Risk Management in Construction Service Industries
BT  - Proceedings of the 2019 International Conference on Organizational Innovation (ICOI 2019)
PB  - Atlantis Press
SP  - 318
EP  - 323
SN  - 2352-5428
UR  - https://doi.org/10.2991/icoi-19.2019.54
DO  - 10.2991/icoi-19.2019.54
ID  - Wahyuningsih2019/10
ER  -