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Integrating Project Risk Management and Value Engineering in Tendering Processes

Journal: International Journal of Engineering Research (IJER) (Vol.4, No. 8)

Publication Date:

Authors : ;

Page : 442-445

Keywords : project risk management; tendering; cost risk; value engineering;

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Abstract

Risk is highest in the early stages of the project lifecycle. This research focuses on practices of risk management in construction companies in order to submit competitive bids which achieve the project constraints and project success criteria within the acceptable profit margin.

Last modified: 2015-08-12 19:51:50