USE OF IT IN MANAGING ENVIRONMENTAL RISKS IN CONSTRUCTION PROJECTS

Models are described of the physical, political, economic, social, and regulatory environmental dimensions of a project in support of an IT-based strategy to assist with risk management. Two case studies in the form of a major highway project and a floating bridge project are used to illustrate the implementation of the representation scheme described and its integration with a project risk view. The models are formulated in a manner that allows the capture of an organization's knowledge on environmental characterizations and risk issues that is gained over time. Modes of re-using the encoded knowledge in developing project-specific risk registers are also discussed.