Risk management in the design phase of large-scale construction projects

The presented study considers the major potential risk events in the design phase of large construction projects in the developing countries. Based on the available literature and the experience of the authors and other practitioners, a list of the potential risks was developed. The risk events were categorized initially into technical, managerial, and external categories. The risks were evaluated by experienced practitioners in the field of construction projects. The evaluation included the expected probability of the event and its cost, time, and quality impact on the project. The study considered the distribution of the responsibility of each risk among the owner, engineer, contractor, and others. The collected data were analyzed qualitatively and quantitatively to assess the severity and effect of these events. The recommended responses for the major risks were introduced in the study.