1 AIT Asian Institute of Technology

Risk affecting construction cost in Vietnam

AuthorLe Ngoc Diep
Call NumberAIT Proj. no.MPM-CM-10-41
Subject(s)Construction industry--Vietnam--Cost effectiveness

NoteA project report submitted in partial fulfillment of the requirements for the degree of Professional Master of Project Management in Construction Engineering and Infrastructure Management, School of Engineering and Technology
PublisherAsian Institute of Technology
Series StatementProject ; no. MPM-CM-10-41
AbstractThe construction industry is one of the most dynamic, risky and challenging businesses because of implementing time is very long with huge capital and many stakeholders. Risk is inherent in construction projects and risk management in construction projects has been recognized as a very important management process in order to achieve the objectives in terms of time, cost, quality, safety and environmental sustainability. Let say, we are going on the road with the definitive finish, but on that way many obstacles, difficulties facing. So if we do not manage we cannot reach the finish or waste time and energy to reach it. In construction there are some objectives, but one of the most important thing is cost of project is in authorized budget. There are many risks affecting cost and profit of project from initial to close out phase. In this study I concentrate on risks affecting construction cost and solutions helping owner manage the cost effectively and efficiently to ensure the cost is in budget of project.
Year2010
Corresponding Series Added EntryAsian Institute of Technology. Project ; no. MPM-CM-10-41
TypeProject
SchoolSchool of Engineering and Technology (SET)
DepartmentDepartment of Civil and Infrastucture Engineering (DCIE)
Academic Program/FoSConstruction Engineering and Infrastructure Management (Professional Master) (MPM-CM)
Chairperson(s)HadiKusumo, Bonaventura H.W.;
Examination Committee(s)Chotchai Charoenngam ;Santi Charoenpornpattana;
DegreeProject (M. Eng.) - Asian Institute of Technology, 2010


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