Identifying and Evaluating the Risks of EPC Contract in Large Projects (Case Study of Mashhad Mall Project)

Authors

1 Department of Civil Engineering, azad University of Roodehen Tehran, Iran

2 Department of Civil Engineering, Islamic Azad University (Roudehen Branch), Roudehen, Tehran, Iran

Abstract

Risk Management is one of the 10 Knowledge Management Project Knowledge areas that is implemented in five stages of identifying risk areas, risk identification, risk assessment, risk strategies, and monitoring and revision, and assists project managers in adopting safe design and implementation conditions. Slowly The multiplicity of hazardous factors, delays, the high volume of work activities and financing in major construction projects complicates the risk rating and makes it difficult to use this method.On the other hand, in EPC contracts, there are many risks to the project contractor that double the importance of this issue. In this study, the method of approaching the ideal option has been used to analyze the risks of the large Mashhad Mall project. The results indicate that financing risks, map changes and use, supply of materials, contractor interactions and tower currencies, and currency fluctuations and sanctions are ranked first to fifth of identified risks and at the end of the article response These are the risks

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