Identification of the risk factors and offer the risk reduction solution in the construction investment of transport projects in Vietam

Abstract

ABSTRACT:

Nowadays, The demand for investment in the construction of transport in Viet Nam is increasing in scale and scope with the wide participation of the whole society. The unstable effects of the surrounding environment and the internal adjustment of the project lead to many fundamental changes that were initially planned and changed the effectiveness of the project. This is the existence of a risk for the construction of transport project in Viet Nam. Effective management of project risks is key to project success. Based on the identifying risks occurring in traffic projects in Vietnam that according to the impact environment, the article has proposed solutions to minimize risks in the process of investment and construction of traffic projects in Vietnam, that is creating conditions for projects to be sustainably in the current uncertain environmental conditions.

Keywords: Transport project; risk; Risk management; risk Mitigation; risk management Solutions