Palestine-Gaza-Rimal-A/Qader Husaini st.No: 6/1310
The risk management model in MACC is an enterprise risk management policy where there is an appreciation of business risk management in all levels to help eliminating any negative impact on the company and its projects.
Throughout the life of MACC and its projects there are risks that need to be managed, to reduce the likelihood and impact of unwanted outcomes such as time and cost overruns as a result of changes in the business environment.
MACC has adopted an enterprise wide risk management framework that is applied consistently across the company and a correspondent risk management strategy for each project that takes accounts of the wider business perspective as well as the immediate risks associated with the project.
With such a successful strategy, MACC is one of the few Palestinian contracting companies that could survive after five years of the severe conditions where most projects were suspended and no new projects were awarded. Survivability of MACC is due to efficient business planning, controlling of the company growth and contingency planning and successful risk management.