This paper looks into the risks associated with infrastructure development, how they impact lives and the measures that are usually adopted to control these impacts. The most common negative risks that occur in most infrastructure development projects are natural calamities, security risks, revenue and cost related risks, contract related risks, technical and logistical risks, and health, safety and environmental risks. Risks are managed during the planning, execution and after the completion of a project. A real-life scenario involving a risk in an infrastructure development project has been presented to highlight the impacts of the risk, the management strategy adopted, and to provide recommendations for improvement.
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