Qualitative risk approach in the construction of electric power facilities

Abstract

The main issue of the study is the problem of risk management in the planning and implementation of projects for the construction of electric power facilities. Projects for the construction of such facilities, which are characterized by high technological complexity and uniqueness, at the stages of design, equipment delivery, construction and commissioning, face unforeseen circumstances and, often, the project management is not ready to solve the problems that have arisen. The purpose of this article is to describe a methodology for qualitative risk assessments in relation to projects for the construction of electric power facilities with the determination of levels of responsibility, analysis of stakeholders, and distribution of risks among stakeholders. The proposed method can be used for risk analysis and making informed decisions at the stages of planning and implementing projects for the construction of electric power facilities.