Title: Risk identification in the infrastructure construction industry: a supply chain case study

Authors: Paola Olimpia Achard, Alberto Nucciarelli, Roberto Rosato, Goran Svensson

Addresses: Universita' degli Studi dell'Aquila, Faculty of Economics, Piazza del Santuario, Roio Poggio 67040, L'Aquila, Italy. ' Technische Universiteit Eindhoven, Department of Technology Management, P.O. Box 513, Eindhoven 5600 MB, The Netherlands. ' Salini Costruttori S.p.A., Via della Dataria 00187, Roma, Italy. ' Oslo School of Management, PO Box 1195 Sentrum, Oslo 0107, Norway

Abstract: The objective of this article is to describe the risk identification within a supply chain of an infrastructure construction project. This research is based on a case study of risk management within a supply chain in the infrastructure construction industry. Data have been collected from an international company emphasising the stage of risk identification. A particular view of risk management has been adopted. More specifically, a way to identify risk within the construction industry has been given. Technical and operational evidences have been revised and organised in order to take a first step in the direction of a systematic treatment. It has highlighted some crucial issues dealing with risk identification, while risk assessment and risk response provide an opportunity for further research. The article has underlined how risk management can be seen as the way to discover existing risks that are preventing firms from advancing their strategy. Main insights that emerged dealt with five categories: strategic objectives; critical success factors; environment and stakeholder influences; key performance indicators and principal risks; principal risk response strategies.

Keywords: construction industry; risk identification; risk management; supply chain management; SCM; infrastructures; strategic objectives; critical success factors; environmental influences; stakeholder influences; key performance indicators; principal risks; principal risk response.

DOI: 10.1504/IJLEG.2008.023166

International Journal of Logistics Economics and Globalisation, 2008 Vol.1 No.3/4, pp.343 - 356

Published online: 12 Feb 2009 *

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