Which Risk Management Is Most Crucial for Controlling Project Cost?

Risk identification, assessment, and mitigation have been widely used for effective risk management in international construction projects. However, contractors sometimes cannot know what risk exists, and even when they identify the risk, they sometimes do not know the impact on project cost or how well it can be mitigated after award. Thus, this study analyzes 20,008 risk data points, which are composed of checked risk before bid, actual risk...