Methods of risk minimization in investment and construction projects

Abstract

Abstract The paper puts forward a hypothesis about the possible integration of risk assessment methods in order to minimize them in investment and construction projects, for that the problems of risk minimization in the management and implementation of construction projects are considered. A critical review of existing methods of risk analysis is carried out and a method of risk minimization is proposed based on the creation of a “Construction risk Informatoria” and methods for optimizing the reallocation of resources according to the minimum time criterion, which determines the risk of lost profits. The example of the use of risk minimization methods in the optimization procedure for network models of low-rise building construction is given, and the composition of the application of mathematical methods and models that contribute to increasing the economic effect in this area is described. As a result, effective recommendations were developed in the form of tools for monitoring the dynamics of construction work to prevent risk situations.