Risk management in Light Rail Transit (LRT) project

Mohd Azmi, Ummi Sakinah (2021) Risk management in Light Rail Transit (LRT) project. [Student Project] (Unpublished)
Abstract

Infrastructure construction project is one of the high-risk projects due to their large scope of work. Because of that, infrastructure projects such as the Light Rail Transit project require suitable risk management to overcome the risk. This research aims to recommend appropriate risk management that can be utilized in light rail Transit (LRT} projects in Malaysia. The objective of this reseach is to identify the risks that often occur during light rail (LRT) construction projects in Malaysia and determine the impact of those risks on LRT projects to prioritize in resolving high risks, and to recommend appropriate methods for managing those risks. Based on the literature review and survey question executed, this research resulted in the formation of a risk management list to assist in the mitigation of risk in LRT construction. It can improve the risk management plan for the LRT project by adopting the suggested approach by use the right method for the right problem. The method used to collect data and information regarding the LRT project is by research through literature review and distributing online survey questions to the construction companies that have experience in managing LRT in Klang Valley, Malaysia.

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