Risk Management Planning by Risk Register in Building Construction Project

Abstract

This research addresses the common issue of vulnerabilities emerging during construction projects due to inadequate risk identification and analysis. It aims to mitigate this by creating a comprehensive risk register, documenting potential risk events, their causes, and characteristics. The main goal is to identify prominent risk factors in building construction projects and develop a risk management strategy using this register. The study used purposive sampling and considered 22 indicators, including human resources, cost, materials, equipment, and environmental conditions. Questionnaires were distributed to 50 contractors in the Banda Aceh region. Validity and reliability were confirmed through statistical analysis. The analysis showed that human resources were the most prevalent risk factor. Using a probability impact matrix, five indicators had medium-risk levels, while seventeen indicated low risk. Human resources, materials and equipment, and environmental conditions were identified as dominant risk factors, all at a medium-risk level. The study underscores the importance of addressing human resources risks through a structured risk register, which can significantly improve project management and execution. By systematically assessing and mitigating potential risks, project stakeholders can make informed decisions and enhance project outcomes in terms of timelines, costs, and quality. In conclusion, this research highlights the critical role of risk management in construction projects and emphasizes the value of a comprehensive risk register. Addressing dominant risks proactively can positively impact building construction projects.