Risk Analysis and Management in Technological Project
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The paper discussed the technological industry ' s perception
of risk associated with its activities and the extent to which the
industry uses management techniques. This was achieved on the
basis of oral interviews conducted on a random sample of thirty (30)
respondents comprising of technologists and contractors / suppliers
in Oyo and Osun States.
The results showed that though, little is relatively known
about risk management among the technologists and contractors,
greatest priority is still attached to financial and contractual risk
respectively in the technologicaql industry. It then concluded that
risk management is essential to technological activities in
minimizing losses and enhancing profitability.
Keywords
HD61 Risk Management, TH Building construction