Each infrastructure project, whether it be a tower, a
tunnel, or another kind, entails some level of risk.
The project leader has a significant impact on how a
building project manages risk. Nevertheless, a
suitable as well as structured procedure,
understanding, as well as skill set are necessary for
an efficient & suitable risk management strategy
(Alfredo Federico Serpella, 2014). The objective of
this article is to use Analytical Hierarchy Process
analysis (AHP) to clearly identify threats inside a
construction phase as well as to determine how to
minimise or decrease those hazards. The entire
technique is explained using the specific example of
the Bangladeshi construction accidents known as
Rana Plaza. The pile foundation, order fulfillment,
and architectural engineering present the biggest
risks for Rana Plaza. We discover across AHP
assessment that perhaps the base framework is
responsible for the implosion of Rana Plaza.
3. Risk management:
The recognition, analyzation, and reaction to adverse outcomes that seem to
be inherent in a country's financial system are all included in risk
management. Successful risk management understanding in order
consciously instead of responsively inside an effort to influence potential
results in any way potential. As a result, good risk management has the
ability to lessen both the likelihood of a risk happening as well as its possible
4. Savar's Rana Plaza was really a nine-story
structure that accomodated five textile mills,
a mortgage company, and a town center.The
building fell on April 24, 2013, having killed
1100 employees and wounding 2500 quite.
5. • First bullet point here
• Second bullet point here
• Third bullet point here
Class Group A Group B
Class 1 82 95
Class 2 76 88
Class 3 84 90
Despite the fact that the building had a crack throughout it, at the
time of Rana Plaza's breakdown, the employees were still needed
to perform their jobs in a dangerous environment.The employees
had been warned that there own salaries would be withheld if they
Rana Plaza Tragedy:
8. Add a Slide Title - 2
Unethical in the light of :
Mill and Bentham’s Utilitarianism theory.
Hobbes’s 2nd natural law says that we should keep promises and perform contracts on which we agree.
Virtue theory’s implication in business.
Hobbes’s 8th natural law says that we should not to do others, what we don’t want them to do to us.
Legal Offense: The plaza has 4 storey registration but they make 9 storey plaza.
Management’s point of view: According to Friedman’s view, the motive of the plaza is to create profit,
so that they create 9 storey building instead of 4 storey building.
Outsider’s View: Authority’s lack of inspection and its dishonesty by allowing construction.
Management’s alternative actions:
1. Creating supporting walls for factory machines.
2. Strong material filled in the pond to create well maintained base.
3. For construction. Use of good quality material.
9. Irresponsibility towards the crack identified in the walls:
Unethical in the light of:
1. Mill and Bentham’s utilitarianism theory.
2. Hobbes’s 4th and 8th natural law.
3. “Good ethics is also good business”, by: Solomon and Hanson.
4. Virtue theory’s implication in business.
5. Hobbes’s 8th natural law states that “we shoul not do to others when we
don’t want them to do to us.”