الفهرس 
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Abstract
Variation, uncertainty and risk are ever dominant characteristics of
the construction industry. Each construction project has its own features
that make it unique, though they all share the common dilemma of
managing risks of uncontrollable, yet predictable factors governing the
construction environment and the total project output. These factors range
from natural ones like weather, to psychological ones like motivation, to
country wide factors like market conditions.
In the last few years construction industry all over the world
propagated to an extent, that it may now be considered the world’s largest
industry, this propagation added to the susceptibility of the industry to the
variation and uncertainty of its ingredients. The construction industry
investments now presents a larg proportion of the GNP of many
countries, more and more complex projects are being executed, multi-
disciplinary projects whose cost are in billions of dollars are executed
daily all over the world. All these considerations make risk analysis the
back bone of any feasibility study in the construction industry.