Study on Negative Impact of Use of RMC in Major Construction Projects and Proposing Effective Measures
Author : Anupa Paulose and S. YukeshVolume 7 No.1 January-June 2018 pp 28-31
Abstract
Ready Mix Concrete is continuously growing industry in India. This industry is exposed to risks during preparation, transportation and utilization of RMC. It is important to address these risks, so that industry shall gain confidence of the customers, and shall have expected profit margins. Proposed paper presents a negative impact caused during preparation, transportation and utilization of RMC plants in India. Unless the risks are addressed properly, the RMC industry in India shall not gain confidence of customers and will also cause reduction in profit margins. The risk causes can be categorized into internal risk causes and external risks causes. Thus, the risks related to RMC plants can be classified as internal as well as external risks. Internal risks and External risks cannot be avoided completely; yet, suitable strategies can definitely be adopted to manage these risks. This paper proposes an approach to mitigate risks in RMC plants in Indian context. Once risks are identified, mitigation measures can be adopted to treat the risks related issues. This shall help in achieving the objectives of RMC business in terms of production and supply cost.
Keywords
RMC, Negative Impact, Construction Projects, Effective Measures
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