Study on Critical Factors Affecting the Post Assessment Projects

In the construction industry the project manager?s responsibility is to monitor cost, time and quality. Because of various risks involved in construction, it is difficult to maintain time, cost, and quality as planned. The main purpose of this dissertation is not only to identify the list of risks involved in construction industry but also to find the key risks that can be significantly influence the construction and mitigation measures. Risk management (RM) comprises of risk identification, risk analysis, response planning, monitoring and action planning tasks that are carried out throughout the life cycle of a project in order to ensure that project activities are met. Although the methodological aspects of RM are well-defined, the philosophical background are rather vague. For identifying the list of risk involved in construction industry Post project appraisal method is used in this thesis. Post project appraisal determines the extent to which a project met the budget, timetable and the key deliverables. The questionnaire survey had been carried out in many companies, after the completion of the survey, the results were analyzed. By the result analysis the risks are found and the recommendations were provided.