Abstracts – Browse Results
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Cattell, D W, Bowen, P A and Kaka, A P (2011) Proposed Framework for Applying Cumulative Prospect Theory to an Unbalanced Bidding Model. Journal of Construction Engineering and Management, 137(12), 1052–9.
Cheung, S O and Chow, P T (2011) Withdrawal in Construction Project Dispute Negotiation. Journal of Construction Engineering and Management, 137(12), 1071–9.
Edwards, D J and Holt, G D (2011) Mini-Excavator Safety: Toward Innovative Stability Testing, Procurement, and Manufacture. Journal of Construction Engineering and Management, 137(12), 1125–33.
Eybpoosh, M, Dikmen, I and Talat Birgonul, M (2011) Identification of Risk Paths in International Construction Projects Using Structural Equation Modeling. Journal of Construction Engineering and Management, 137(12), 1164–75.
- Type: Journal Article
- Keywords: Risk management; Construction management; Structural models; International factors; Risk paths; Risk identification; International construction; Structural equation modeling;
- ISBN/ISSN: 0733-9364
- URL: https://doi.org/10.1061/(ASCE)CO.1943-7862.0000382
- Abstract:
The major aim of this research is to demonstrate that causal relationships exist among various risk factors that necessitate identification of risk paths, rather than individual risk factors, during risk assessment of construction projects. International construction projects have more complex risk-emergence patterns because they are affected by global and foreign country conditions and project-related factors. Identification of a network of interactive risk paths, each of which initiated from diverse vulnerabilities of the project system, is considered to be a better reflection of the real conditions of construction projects than the use of generic risk checklists. In this study, using the data from 166 projects carried out by Turkish contractors in international markets and utilizing structural equation modeling (SEM) techniques, 36 interrelated risk paths were identified and the total effects of each vulnerability factor and risk path on cost overrun were assessed. SEM findings demonstrate that every risk path is initiated from a specific vulnerability factor related to project environment, and that contractor-specific vulnerabilities have the most effect on project cost overrun. Risk identification using SEM helps decision makers in answering what-if questions in the early stages of a project, tracing the effects of interdependent risks throughout the life cycle of the project and evaluating the influence of alternative mitigation strategies, not only on specific risks but also on the whole network of interrelated risk factors.
Fonte, G C A (2011) Energy Management Reduces Great Pyramid Build Effort by More Than 98%. Journal of Construction Engineering and Management, 137(12), 1195–204.
Golparvar-Fard, M, Peña-Mora, F and Savarese, S (2011) . Journal of Construction Engineering and Management, 137(12), 1099–116.
Gouett, M C, Haas, C T, Goodrum, P M and Caldas, C H (2011) Activity Analysis for Direct-Work Rate Improvement in Construction. Journal of Construction Engineering and Management, 137(12), 1117–24.
Hartmann, T (2011) Goal and Process Alignment during the Implementation of Decision Support Systems by Project Teams. Journal of Construction Engineering and Management, 137(12), 1134–41.
Heon Jun, D and El-Rayes, K (2011) Multiobjective Optimization of Resource Leveling and Allocation during Construction Scheduling. Journal of Construction Engineering and Management, 137(12), 1080–8.
Kale, S and Karaman, E A (2011) Evaluating the Knowledge Management Practices of Construction Firms by Using Importance–Comparative Performance Analysis Maps. Journal of Construction Engineering and Management, 137(12), 1142–52.
Kirgiz, M S (2011) Chemical Properties of Blended Cement Pastes. Journal of Construction Engineering and Management, 137(12), 1036–42.
Li, J and Zou, P X W (2011) Fuzzy AHP-Based Risk Assessment Methodology for PPP Projects. Journal of Construction Engineering and Management, 137(12), 1205–9.
Li, N and Becerik-Gerber, B (2011) Life-Cycle Approach for Implementing RFID Technology in Construction: Learning from Academic and Industry Use Cases. Journal of Construction Engineering and Management, 137(12), 1089–98.
Li, Y Y, Chen, P, Chew, D A S, Teo, C C and Ding, R G (2011) Critical Project Management Factors of AEC Firms for Delivering Green Building Projects in Singapore. Journal of Construction Engineering and Management, 137(12), 1153–63.
Love, P E D, Edwards, D J, Irani, Z and Goh, Y M (2011) Dynamics of Rework in Complex Offshore Hydrocarbon Projects. Journal of Construction Engineering and Management, 137(12), 1060–70.
Nahmens, I and Bindroo, V (2011) Is Customization Fruitful in Industrialized Homebuilding Industry?. Journal of Construction Engineering and Management, 137(12), 1027–35.
Swarup, L, Korkmaz, S and Riley, D (2011) Project Delivery Metrics for Sustainable, High-Performance Buildings. Journal of Construction Engineering and Management, 137(12), 1043–51.
Xia, B, Chan, A P C and Yeung, J F Y (2011) Developing a Fuzzy Multicriteria Decision-Making Model for Selecting Design-Build Operational Variations. Journal of Construction Engineering and Management, 137(12), 1176–84.
Zhou, H and Zhang, H (2011) Risk Assessment Methodology for a Deep Foundation Pit Construction Project in Shanghai, China. Journal of Construction Engineering and Management, 137(12), 1185–94.