Electrical Transmission Line Installation Projects : A Six Sigma Approach for Project Risk Management

The study is based on designing and analyzing a methodology that improves the project risk management process by having efficient monitoring system. The monitoring should be based on the risk sensitivity of the various parameters of the project. These parameters, derived through exhaustive literature survey and expert advice, are given special references while monitoring the project for risk analysis. Six Sigma level of accuracy is conceptualized in this study for electrical transmission line installation projects. On analyzing the possibility of risk occurrence on Sigma levels for each pre-decided parameter, it is found that technical parameters have got the maximum number of risks associated with them. The methodology proposed in the paper provides a guideline for risk monitoring for electrical transmission line installation projects