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In engineering practice, geotechnical uncertainties are often coped with by various codes and standards. However, uncertainties are not invariant for all projects and thus design and construction codes and standards do not necessarily always satisfy the requirement. It is not uncommon severe losses and impacts as a result of construction failure attribute to geotechnical uncertainties. Therefor, engineering risk management has been widely discussed in recent years. In Taiwan, the Airport Link Contract IATX03 is one of the projects formally apply this technique in the management scheme. This article introduces the fundamentals of engineering risk management and demonstrates its application by the case of underpinning of this project.
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