The assessment of risk in conservation refurbishment projects

John Reyers (John Reyers is a Senior Lecturers at the School of Property and Construction, The Nottingham Trent University, Nottingham, UK)
John Mansfield (John Mansfield is a Senior Lecturers at the School of Property and Construction, The Nottingham Trent University, Nottingham, UK)

Structural Survey

ISSN: 0263-080X

Publication date: 1 December 2001

Abstract

A literature review suggested that conservation refurbishment work was perceived by design professionals to be inherently more risky than new‐build projects. The objective assessment of risk items helps ameliorate its impact. The results of a large questionnaire‐based survey evaluating specialist design consultants’ risk identification and management approaches are presented. The risk management approaches of specialist design consultants are divergent, reflecting their professional philosophies, educational programmes and experience. Further differences emerge according to practice size and contract value. Particular attention is paid to the responses considering contingency pricing, project budget forecasts and extensions of time. Results suggest that client education via briefing and consultants’ wider use of confidence limits can help improve the management of risk.

Keywords

Citation

John Reyers and John Mansfield (2001) "The assessment of risk in conservation refurbishment projects", Structural Survey, Vol. 19 No. 5, pp. 238-244

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DOI

: https://doi.org/10.1108/02630800110412480

Publisher

:

MCB UP Ltd

Copyright © 2001, MCB UP Limited

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