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Ali, A K (2019) A case study in developing an interdisciplinary learning experiment between architecture, building construction, and construction engineering and management education. Engineering, Construction and Architectural Management, 26(09), 2040–59.

Chan, D W, Olawumi, T O and Ho, A M (2019) Critical success factors for building information modelling (BIM) implementation in Hong Kong. Engineering, Construction and Architectural Management, 26(09), 1838–54.

Chen, Y, Yin, Y, Browne, G J and Li, D (2019) Adoption of building information modeling in Chinese construction industry. Engineering, Construction and Architectural Management, 26(09), 1878–98.

Gao, J, Ren, H and Cai, W (2019) Risk assessment of construction projects in China under traditional and industrial production modes. Engineering, Construction and Architectural Management, 26(09), 2147–68.

  • Type: Journal Article
  • Keywords: Construction; Management; Methodology; Simulation; Approach;
  • ISBN/ISSN: 0969-9988
  • URL: https://doi.org/10.1108/ECAM-01-2019-0029
  • Abstract:
    High risk is one of the most prominent characteristics of the Chinese construction industry, and it poses a significant threat to construction projects. Owing to initiatives aimed at achieving high efficiency, low carbon emissions, etc., industrialization of the construction industry has become an inevitable trend in China. However, it remains to be discussed whether industrialization of construction can reduce the risks entailed in construction projects compared with traditional construction. The paper aims to discuss these issues. Design/methodology/approach Based on the theory of risk life cycle, this paper proposes a practical risk assessment technique to assess the risk life cycle, including the risk occurrence time and potential financial losses. This technique is then applied to assess the differences between the risks involved in an engineering, procurement and construction (EPC) project executed via traditional and industrial production modes. Findings The results show that the total duration of risks in the industrial construction project is half of that in the traditional project. In addition, the expected financial loss entailed in the industrial construction project is 29 percent lower than that in the traditional construction project. Therefore, industrial construction has the potential to optimize risk performance. Originality/value There is no significant difference between the traditional and industrial construction models in terms of probability of risk. The maximum total loss might occur in the procurement stage in the case of industrial production, and in the construction stage in the case of traditional production. Moreover, the total expected loss from risk in the EPC project in the industrial production mode is only half of that in the traditional production route. This study is expected to provide a new risk evaluation technique and promote an understanding of the life cycle of risk management in the construction industry.

Iskandar, K A, Hanna, A S and Lotfallah, W (2019) Modeling the performance of healthcare construction projects. Engineering, Construction and Architectural Management, 26(09), 2023–39.

Jin, R, Zou, P X, Li, B, Piroozfar, P and Painting, N (2019) Comparisons of students’ perceptions on BIM practice among Australia, China and UK. Engineering, Construction and Architectural Management, 26(09), 1899–923.

Laryea, S (2019) Procurement strategy and outcomes of a new universities project in South Africa. Engineering, Construction and Architectural Management, 26(09), 2060–83.

Lavikka, R H, Kyrö, R, Peltokorpi, A and Särkilahti, A (2019) Revealing change dynamics in hospital construction projects. Engineering, Construction and Architectural Management, 26(09), 1946–61.

Lee, C (2019) Financing method for real estate and infrastructure development using Markowitz’s portfolio selection model and the Monte Carlo simulation. Engineering, Construction and Architectural Management, 26(09), 2008–22.

Manu, P, Mahamadu, A, Booth, C, Olomolaiye, P O, Coker, A, Ibrahim, A and Lamond, J (2019) Infrastructure procurement capacity gaps in Nigeria public sector institutions. Engineering, Construction and Architectural Management, 26(09), 1962–85.

Marefat, A, Toosi, H and Mahmoudi Hasankhanlo, R (2019) A BIM approach for construction safety: applications, barriers and solutions. Engineering, Construction and Architectural Management, 26(09), 1855–77.

Nadafi, S, Moosavirad, S H and Ariafar, S (2019) Predicting the project time and costs using EVM based on gray numbers. Engineering, Construction and Architectural Management, 26(09), 2107–19.

Pantzartzis, E, Price, A and Edum Fotwe, F (2019) Roadmap layers and processes: resilient and sustainable care facilities. Engineering, Construction and Architectural Management, 26(09), 1986–2007.

Panwar, A, Tripathi, K K and Jha, K N (2019) A qualitative framework for selection of optimization algorithm for multi-objective trade-off problem in construction projects. Engineering, Construction and Architectural Management, 26(09), 1924–45.

Roberts, C, Edwards, D J, Hosseini, M R, Mateo-Garcia, M and Owusu-Manu, D (2019) Post-occupancy evaluation: a review of literature. Engineering, Construction and Architectural Management, 26(09), 2084–106.

Wu, C, Chen, C, Jiang, R, Wu, P, Xu, B and Wang, J (2019) Understanding laborers’ behavioral diversities in multinational construction projects using integrated simulation approach. Engineering, Construction and Architectural Management, 26(09), 2120–46.