Civil Engineering Department grants MSc about "The effect of inadequate risk management on execution time of residential complexes in Iraq"
Civil Engineering Department granted MSc about project management engineering for the student (Muhannad Ahmed Falih) on 9/1/2020 and at graduate hall in the department for his research tagged:
"The effect of inadequate risk management on execution time of residential complexes in Iraq"
The discussion committee consisted of:-
1- Prof. Dr. Sawsan R. Mohammad (the head).
2- Assist .Prof. Dr. Waddah A. Hatem (member).
3- Dr. Afrah M. Hassan (member).
4- Assist. Prof. Dr. Tariq A. Khalil (member and supervisor)
The research aims to know the degree of risk impact when changing the size of housing project by establishing an appropriate and efficient methodology for risk management that is applied by quantitative analysis techniques using the Monte-Callo simulation associated with the Primavera program for risk analysis (v7.8) and the sensitivity analysis and the result of risk analysis is a predictive model of risk.
The results reveal that there is a different effect of the risk factors affecting according to the size of housing project on three scenarios for the possibility of project completing and the levels of confidence 50% and 80% by comparing the results before and after the risk mitigation scenarios, which can be summarized as follows:
With regard to the small residential project before and after the mitigation scenarios, the confidence level at 50% was (1.15% and zero respectively) from the completion time that should be added to the estimated completion time while at the confidence level of 80% it was (5.18% and 0.29%, respectively).