1.Introduction No construction project is risk free. Risk can be managed,minimised, shared,transferred or accepted. It cannot be ignored.” Sir Michael Latham,1994 百年同濟10 TONGILUNIVERSITY 10 28.04.2014 “No construction project is risk free. Risk can be managed, minimised, shared, transferred or accepted. It cannot be ignored.” Sir Michael Latham, 1994 1. Introduction