Abstract:
Effective Risk Management Is Essential To Successful Strategic Project Implementation, Particularly In An Increasingly Complex And Competitive Economic Environment. The Risk Management Process Comprises The Identification, Analysis, And Response To Risks That May Affect The Project During Execution. Through A Case Study Analysis Of A Lebanese Construction Company, This Paper Demonstrates That Risk Management Is Especially Important To The Construction Industry, Which Operates In Uncertain And Volatile Economic And Political Environments.
