ANALYSIS OF RISK ASSESSMENT IN CONSTRUCTION OF HIGHWAY PROJECTS USING RELATIVE IMPORTANCE INDEX METHOD

Evaluating Risk is essential before planning and management of risks to reduce the severe causes of risks associated with highway construction. The aspects related to risk are convoluted at several steps from designing to planning steps until the fulfillment of the project. To boost the performance of the highway project successfully we need to identify, assess and schedule various factors of risk in the project for efficient fulfillment of the project. “This analysis involves identification, classification and assessment of numerous risks involved in highway project construction using Relative Importance Index”. The Risk aspects have been arranged to their respective impacts on the project.