Construction Dissertation Analysis of Common Strategies Used To Manage Risk In Construction Projects. A Study of the Kuwait Construction Industry - There is no construction project which is risk free. The life cycle of projects has a lot of risks. Construction project experiences various technical, business and socio-political risks. Moreover, the complexity and size of construction projects are increasing thus adding more risks. Construction risks have negative impacts on the cost, time and quality of a project. Thus there is importance of studying these risks and coming up with ways to manage these risks. This paper presents the analysis of common strategies used to manage risk on construction projects, with a view to identify strategies that are best suited to the Kuwait construction industry.
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