Risk management system references in construction

Authors

  • Volodymyr Tkachenko Kyiv National University of Construction and Architecture, Ukraine
  • Maryna Klymchuk Kyiv National University of Construction and Architecture, Ukraine
  • Iryna Tkachenko Academy of the State Penitentiary Service https://orcid.org/0000-0001-9068-1054
  • Tetiana Ilina Kyiv National University of Construction and Architecture, Ukraine

DOI:

https://doi.org/10.18559/ref.2020.1.2

Keywords:

construction, risk management, dissipation, localization, risk aversion

Abstract

The article examines the basic methods of risk management in construction: risk aversion, localization, dissipation,compensation. The methods are adapted to the specificity of construction companies, taking into account the main directions of their development. For the purpose of effective risk management, formalized functional structuring of risk management in construction is proposed, which will enable the implementation of management functions at two levels – executive and coordinating, with the help of a special structural component in the enterprise management system or a specialized unit in the organizational structure. 

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Published

2020-06-13

Issue

Vol. 4 No. 1 (2020)

Section

Articles

How to Cite

Tkachenko, V., Klymchuk, M., Tkachenko, I., & Ilina, T. (2020). Risk management system references in construction. Research Papers in Economics and Finance, 4(1), 21-29. https://doi.org/10.18559/ref.2020.1.2