01850nas a2200205 4500000000100000000000100001008004100002260000900043653001700052653002800069653001700097653002000114653001300134653002000147100002200167245010500189300001200294490000700306520133100313 2018 d c201810aconstruction10aCritical Infrastructure10aexploitation10arisk management10asecurity10aself-regulation1 aOksana Medvedchuk00aSelf-regulation as a Risk Mitigation Tool in the Design and Construction of Critical Infrastructures a129-1330 v403 a

Critical infrastructures are of strategic significance for the functioning of the economy, the security of a state, society and the population. Their breakdown or destruction has a considerable impact on the national security and defence, the natural environment, leads to material and financial losses and possibly casualties. Therefore, ensuring quality and reliability of such infrastructure is a priority of the state policy. The state policy in this regard is implemented through state regulation mechanisms aiming to protect life, health, property, and the environment, as well as by establishing ways of organizing or conducting activities, licensing rules, place and time of activities, volume of production or provision of services, etc. Control and supervisory functions are also important elements of the state regulation. In the Ukrainian experience, traditional mechanisms of state regulation do not ensure a relevant culture in construction. Thus, it is necessary to study and implement best international practices of avoiding risks in construction, in particular by self-regulation. This paper reviews approaches to self-regulation and the extent to which such practices contribute to risk mitigation in the design and construction of critical infrastructure assets, as currently implemented in Ukraine.