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Şentürk, H A and Yazici, G (2004) Case Study: Izmit Domestic and Industrial Water Supply Build–Operate–Transfer Project. Journal of Construction Engineering and Management, 130(03), 449–54.

Abudayyeh, O, Dibert-DeYoung, A and Jaselskis, E (2004) Analysis of Trends in Construction Research: 1985–2002. Journal of Construction Engineering and Management, 130(03), 433–9.

Bossink, B A G (2004) Managing Drivers of Innovation in Construction Networks. Journal of Construction Engineering and Management, 130(03), 337–45.

Christini, G, Fetsko, M and Hendrickson, C (2004) Environmental Management Systems and ISO 14001 Certification for Construction Firms. Journal of Construction Engineering and Management, 130(03), 330–6.

Fang, D P, Huang, X Y and Hinze, J (2004) Benchmarking Studies on Construction Safety Management in China. Journal of Construction Engineering and Management, 130(03), 424–32.

Gransberg, D D, Karaca, I and Senadheera, S (2004) Calculating Roller Requirements for Chip Seal Projects. Journal of Construction Engineering and Management, 130(03), 378–84.

Han, S H, Diekmann, J E, Lee, Y and Ock, J H (2004) Multicriteria Financial Portfolio Risk Management for International Projects. Journal of Construction Engineering and Management, 130(03), 346–56.

Moussourakis, J and Haksever, C (2004) Flexible Model for Time/Cost Tradeoff Problem. Journal of Construction Engineering and Management, 130(03), 307–14.

Nima, M A, Abdul-Kadir, M R, Jaafar, M S and Alghulami, R G (2004) Constructability Concepts in Kuala Selangor Cable-Stayed Bridge in Malaysia. Journal of Construction Engineering and Management, 130(03), 315–21.

O’Connor, J T and Yang, L (2004) Project Performance versus Use of Technologies at Project and Phase Levels. Journal of Construction Engineering and Management, 130(03), 322–9.

Peng, J (2004) Structural Modeling and Design Considerations for Double-Layer Shoring Systems. Journal of Construction Engineering and Management, 130(03), 368–77.

Pietroforte, R and Stefani, T P (2004) ASCE Journal of Construction Engineering and Management: Review of the Years 1983–2000. Journal of Construction Engineering and Management, 130(03), 440–8.

Seo, S, Aramaki, T, Hwang, Y and Hanaki, K (2004) Fuzzy Decision-Making Tool for Environmental Sustainable Buildings. Journal of Construction Engineering and Management, 130(03), 415–23.

Shen, L Y, Li, Q M, Drew, D and Shen, Q P (2004) Awarding Construction Contracts on Multicriteria Basis in China. Journal of Construction Engineering and Management, 130(03), 385–93.

Wang, W (2004) Electronic-Based Procedure for Managing Unbalanced Bids. Journal of Construction Engineering and Management, 130(03), 455–60.

Warszawski, A and Sacks, R (2004) Practical Multifactor Approach to Evaluating Risk of Investment in Engineering Projects. Journal of Construction Engineering and Management, 130(03), 357–67.

  • Type: Journal Article
  • Keywords: Risk analysis; Investments; Economic factors; Probabilistic models; Project management; Construction industry; Decision making; investment; project management; construction industry; decision making; economic indicators; probabilistic logic; risk analysis
  • ISBN/ISSN: 0733-9364
  • URL: https://doi.org/10.1061/(ASCE)0733-9364(2004)130:3(357)
  • Abstract:
    Risk analysis is crucial in enabling management to make informed decisions regarding the economic viability of engineering projects. In most building construction projects, sophisticated risk assessment methods are not used because the detailed input information they require is unavailable to the average project owner or manager. As a result, risk assessment is often limited to simple sensitivity analyses. This paper presents a practical yet thorough method in which the economic risk inherent in a construction project can be calculated with input information of varying levels of detail. The proposed “multifactor” method includes consideration of interdependence between a project’s risk factors. The principles of the method are explained, its application to a large construction project is illustrated, and the findings are discussed.

Zayed, T M and Halpin, D W (2004) Quantitative Assessment for Piles Productivity Factors. Journal of Construction Engineering and Management, 130(03), 405–14.

Zayed, T M and Halpin, D W (2004) Simulation as a Tool for Pile Productivity Assessment. Journal of Construction Engineering and Management, 130(03), 394–404.