Soni Darshil Jigneshkumar

CM4050

For an organization to be successful in keeping gross profit at an appropriate level, a procedure to efficiently mitigate risks is critical. By increasing positive risks and avoiding negative risks, project risk management provides numerous benefits to construction companies. Companies must have appropriate strategic risk management plans to survive and maintain competitive power in the construction industry's dynamic and competitive climate. Because the industry is still project-based, improved performance on a project results in success in business, which results in industry-wide success. To succeed, highway companies must effectively detect and manage project risks and market risks from the viewpoint of both public and private shareholders. The purpose of this paper is to investigate the sector market risk in Indian highway projects from the perspective of the concessionaire.