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Plan Risk Response as a Stage of Risk Management in Investment Projects in Polish and U.S. Construction - Methods, Research

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  • Tworek Piotr

    (Faculty of Finance and Insurance University of Economics Katowice, Poland)

Abstract

The paper deals with risk response planning and risk response as separate stages of a risk management process in investment projects carried out in the construction industry. Response planning and risk responses are integral parts of the entire process. In particular, the author focuses on the methods and techniques, which may be employed by construction and assembly companies in their operations. The empirical illustrations in the paper are the results of the research done among twentysix, out of one hundred, biggest construction and assembly companies in Poland. The paper also presents some pieces of the empirical research conducted in the USA among big and mediumsized construction companies

Suggested Citation

  • Tworek Piotr, 2012. "Plan Risk Response as a Stage of Risk Management in Investment Projects in Polish and U.S. Construction - Methods, Research," Scientific Annals of Economics and Business, Sciendo, vol. 59(1), pages 201-212, July.
    • Handle: RePEc:vrs:aicuec:v:59:y:2012:i:1:p:201-212:n:14
    DOI: 10.2478/v10316-012-0014-9
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