1.- How to explore and indentifya potential risks?

I think, even if we are in differente countries, the risks in the construction alwayas are the same. Then we can use an standard norms, to be sure that our construction does´nt have risk, We can review the ACI (For the concrete) , The AISC (For Steel), and more like that. All of this standar has special attention in the risk. This standar gave us the answer to the two next questions.

Siempre se generara toda clase de riesgo en vivienda nueva o usada,es importante tener en cuenta al constructor, su seriedad y solides asi como los materiales que usa en sus proyectos , tambien es importante tener en cuenta el clima y los factores de resistencia en cuanto a los terremotos.

La segunda es de caracter presupuestal,cuanto esta dispuesto a gastar para obtener la vivienda que quiere?

Entrando en detalles, el esquema de la revisión detallada de estructuras, podemos realizarla con tecnologías NO Destructivas ( Ferroscan para determinar la cantidad y ubicación de los armados de acero, Muestras de concreto para conocer la calidad y capacidad del mismo, en el momento de la revisión; etc.) Como lo menciono en el comentario previo, si nos decidimos a seguir las normas de ACi, AISC, encontaremos metodologías sencillas y seguras de revisión y peritaje de las obras, tanto existentes como de nueva construcción.

Gracias de antemano, por participar y hacer que estos medios de comunicación nos permitan crecer.

Saludos.

What kind of risks you mean? There are many. Risks can be from disasters or finance or politics etc you need to identify first.

Wow, this issue is so complicated that would deserve a huge answer. First of all: what is risk ? For me, risk is a uncertain condition which is harmful to your baseline (in quality, cost, outcome...). Start reading R. Max Wideman (ed), Project and Program Risk Management: A Guide to Managing Project Risks and Opportunities, Project Management Institute. I hope it will be useful.

Cada region tiene sus caracteristicas con lo que podemos prevenir riesgos y tambien considerando que como minimo esté dentro del reglamento de construccion.

Es importante dar seguimiento a datos registrados de los acontecimientos naturales de la region.

Es posible planear tambien el control de riesgos desde modular la estructura hasta evitar momento torcionante

MUKUND SHIYEKAR -professor in structural engg.,PUNE (INDIA)

THE RISK INVOLED includes disaster due to earthquake, blast. Loss of human life,finance is mainly due to

heavy dead weight of structures of RCC and fire in STEEL structures.

Madhav, there are various HAZARDS in the construction field; most of them are generic but some may be project-specific. In order to get it right you need to identify these hazards at the design stage, prepare risk assessments, see which can be eliminated at source and then carry out a risk management plan for the residual ones.

Measuring (assessing) risks can be done numerically but this relies predominantely on past experience and foreseeability. Whatever control measures you recommend they have to be feasible, reliable, practical and conforming to best international practices, if possible.

There are many relevant publications, presentations and videos floating about; try the www.hse.gov.uk or the IOSH website.

Any Housing and real state project start with the risk. Risk may be related to the Land, Legal & Layout approvals, Risk related to the completion time and cost of the project, Risk during the working time at site,

First, you just analyse your project for specific type of RISK.

Here are some common type of RISK-------

1. As per the Govt. norms we need various NOC's for the starting of the Projects

2. Analysed the availability of material and man power, required for your projects

3. Provide training programme to the working manpower at site.

4. Protection of Material & Manpower at height.

5. Risk by electrical equipments at site.

6. Clear movement in the surrounding area of the site.

7. Natural risk can be considered in the design part the structure.

As per the above factor you can apply safety measures for particular type of risk. Hope this will be help ful for you.

Raj Kumar Sharma

Mob, 08421593853

Any Housing and real state project start with the risk. Risk may be related to the Land, Legal & Layout approvals, Risk related to the completion time and cost of the project, Risk during the working time at site,

First, you just analyse your project for specific type of RISK.

Here are some common type of RISK-------

1. As per the Govt. norms we need various NOC's for the starting of the Projects

2. Analysed the availability of material and man power, required for your projects

3. Provide training programme to the working manpower at site.

4. Protection of Material & Manpower at height.

5. Risk by electrical equipments at site.

6. Clear movement in the surrounding area of the site.

7. Natural risk can be considered in the design part the structure.

As per the above factor you can apply safety measures for particular type of risk. Hope this will be help ful for you.

Raj Kumar Sharma

Mob, 08421593853

Thank you respected professionals and commentators to all! VÍCTOR Ruiz@Yes but contextually risk may differ from country to country for example political risk in USA is very less than in a developing country. Luis Benitez @Libertad Mayorga I did not understood your comment.@Salah Abuzaid All kind of risk arising during the housing and real estate construction project life cycle, I want to incorporate @ Giuliano Cadaval Tognetti yes it is complicated and I will try to simplify if you all help me sir, whatever literature did u refer are not accessible from my place, if you have some soft copy, requesting to forward me. I am studying different journal from Google scholar. @Mukund Shiyekar I want to incorporate all risks that usually come across the construction project. But earthquake, tsunami, volcano are not included those are disaster and normally the housing and real estate project will normally will not taken into account. Luay Salih@ Thank you sir, I think your question also incorporated from above answer. I will study as per your prescribed material.@ Raj Sharma thank you sir, yes I have noted the particular risk which are contextual in Nepal to.

Thnks for supporting my views.

Actually your question is related to the field work. So, you may directly contact to the persons working at site, and the answer given by them will be more practical......

The question appears to be too broad at this stage. Some clarity on the kinds of risk you are interested at this stage would enable us focus the searchlight a bit more sharply. Anyway in my part of the world, one major risk that is starting to assume major consequences is the risk of contested land ownership. Though it may be labelled as a non-technical risk it has the potential of completely derailing the whole estate project.

For me the best way to reduce risks in the project is doing a good brainstorming among stakeholders in the work, check the local conditions and the region, seeking to establish an equation between cost and benefits.

Major risk is unpredictable market conditions, inflation and price rises well above the general inflation rate, availability of labour and cash flows!!!!

Thank you sir and Mam for your valuable contribution! @ Raj Sharma, my entire questions are not based on field, I have to verify from theory as well as based on field. @Michael Konadu yes my questions are broad but i can not make specific because I have to address all risk in the project conceptual phase,Planning Phase and implementation phase of the construction of housing and real estate projects.@Cynara Tinoco yes brainstorming is one tool to identifying risks, risk breakdown structure, Checklist, SWOT analysis, cause and effect analysis, Delphi Technique and much more tools are there. But it is not possible to use all the tools. will you suggest me respected commentator?

The problem is multi angled. you must have a shelter body, it must be safe and sound, it must be affordable, and at the same time it must be eco friendly. Many of these angles are acting in opposite direction to each other but all are the most important. Due to increased demand of houses we are losing the agri. land and creating the concrete jungle.Thus reducing the food producing land.

The thorough review of these housing problems are the necessarily of the hour.The national level brain storming workshop resulting in some direction for the way out of the problem may fine some outlet. But let me mention that you have started the debate on the vry important subject. A lot can be done and has to be done in the subject. Let us all be in contact with each other for the cause.--------Mukund Dharashivkar

JIMOH, Abdullahi Alao, University of Ilorin, Nigeria

The discussion is centred on construction of buildings and facilities. To accomplish this and avoid risks, there is need for availability of land , man power-( labour and professionals), material , equipment , capital, appropriate documentation of the estate (proper drawings of land survey , civil engineering and architectural drawings, electrical, mechanical drawings, etc) and ownership of the land must be backed up by legal document. Anything missing here will lead to revocation of the land or of the estate by the appropriate government, abandonment of the site due to lack of capital , dragging one self to court by different interest groups on the land, conflict with local inhabitant, local farmers, etc. There may be other risks depending on the location of the estate , and depend on the country, type of community and type of law and type of traditional custom within the locality..

Thank You Mukund and Also, for your critical problem. I will sure to incorporate all. I am going to adopting Mixed method research. one is quantitative survey research and Focus group discussion and in depth interview. I have attached the research question plz fill up it and send me in my address.

Respected professionals and Commentator,

I have attached the research tool for per-test here with.

Please download and fill up and send me with critical comment.

Thank you.

Hi, it is broad subject since risk management in housing and real estate in the context of Nepal. First you need to identify the list of potential risk factors associated with housing and real estate construction. This can be done through extensive literature search. then you need to conduct a construction industry survey using ranking type questionnaire in the context of Nepal to identify the level of impact in each risk factors before suggesting possible solution to reduce the impact of those risks. Hope this will provide you a broad approach in solving the risk associated with housing and real estate construction.

Thank u Raj, but nobody fill up my research tool and sent me.

Hi, getting the responses/collecting data on your questionnaire are the most difficult part of quantitative study. You also need to do a pilot study before lunching survey. First focuses on construction professionals and stakeholders associated with housing and real estate construction. You need to follow up and meet some in person/email/upload your questionnaire money. Use website to get more responses. Hope this will help you.

Monkey survey

If I was considering potential risks - remembering (simplistically) Risk = Probability of occurring x Consequence of occurring - I would direct my attention to classifying a range of probabilities and associated costs of the items noted above, including the greater uncertainties within the foundation: groundwater and bearing capacity.

There are papers out there which address the concept of Range Estimating for use in quantifying project costs. This concept can be used as a model to help you classify the range of costs.

Thank you Darren Protulipac for your constructive instruction.

I will incorporate according to your suggestion.Would you please suggest the paper's name which are accessible in the internet.

No worries. I'll pull it from my office and post in next few days.

Thank you Sir,

You are so kind and contribute I will acknowledge for your contribution on my PhD thesis.

Suggested reading - as noted earlier.

Michael W. Curran, "Range Estimating: Measuring Uncertainty and Reasoning with Risk, Cost Engineering", Vol. 31, No. 03, AACE International, Morgantown, WV, USA, 1989.

Hope this helps guide your thought process.

Regards..

Said reference paper. See attached

Thank you so much Darren sir,

May can get some more journal on the topics of Risks in construction Projects?

Hi,

You might be interested by this work:

Local Risk, Local Factors, and Asset Prices

Journal of Finance, February 2017, (pages 325–370)

SELALE TUZEL and MIAO BEN ZHANG

Best regards

Good question.. Please share me the best answer might you trust...

Regards…