Risk processing in construction projects

Risk Management for Ground Engineering Works: the Role of Independent Monitoring Consultant
The engineering community has successfully completed many exceptionally challenging construction projects. Unfortunately, history has shown that on occasion political, time and monetary pressures have exceeded those of the water and ground, sometimes leading to failure. Authorities have attempted to mitigate these risks through the implementation of a variety of independent design checkers and verifiers and through the provision of supervisory teams on site. These organizational systems have resulted in improvements but a common complaint is that the monitoring information is received too late and in forms which are not readily analysed or checked by the engineers. For the first time a role has been provided for an independent professional body to check, audit and deliver project monitoring data to the project stakeholders. This is in its second year on the Express Rail Link (XRL) in Hong Kong and the paper will report on its method of implementation, benefits to the project and provide guidance for those considering the management of project risk on future projects.
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