Risks Associated with Federal Construction Projects

The rise in terrorism, corporate espionage, cyber attacks, and federal fiscal constraints play an important role in the federal construction process. The risks associated with these occurrences are studied to aid in the risk management of the military construction process. This paper presents the status of research into these areas to identify how methods, policies, applications, and information obtained from case studies can be used by stakeholders to manage risk in the United States Air Force construction process. The author reviewed research on risk associated with four essential components of the military construction process - Critical Infrastructure, Information Technology, Contracts, and Cost in the construction and related industry. This study focused on the methodology, management policy, areas of application, and case studies research of the construction and related industry.