Identifying and Ranking the Risks and Providing Control Strategies for Contract Management Projects of the Institute for International Energy Studies (IIES)

The aim of this study is to identify and prioritize risks and to provide appropriate control strategies for management contract of projects of the IIES. By examining the research background, Delphi method and questioning from experts were identified the risk and in order to correct, complete and confirm them, they entered different Delphi method, then the probability of occurrence and effect of each risk was determined by using the opinion of experts. After combining the cost, time, quality and range effects of each risk and multiplying the overall effect by the probability value of that risk number was obtained and control strategies in relation to high risks were presented. A total of 68 risks were identified at different stages of the project life cycle, of which 48 risks were included in the evaluation and prioritization calculations. The risks of the contract and the implementation stage were the most important risks.