Abstracts – Browse Results

Search or browse again.

Click on the titles below to expand the information about each abstract.
Viewing 11 results ...

Alroomi, A, Jeong, D H S and Oberlender, G D (2012) Analysis of Cost-Estimating Competencies Using Criticality Matrix and Factor Analysis. Journal of Construction Engineering and Management, 138(11), 1270–80.

Chotibhongs, R and Arditi, D (2012) Detection of Collusive Behavior. Journal of Construction Engineering and Management, 138(11), 1251–8.

De Marco, A, Mangano, G, Corinna Cagliano, A and Grimaldi, S (2012) Public Financing into Build-Operate-Transfer Hospital Projects in Italy. Journal of Construction Engineering and Management, 138(11), 1294–302.

Hwang, S, Park, M, Lee, H and Kim, H (2012) Automated Time-Series Cost Forecasting System for Construction Materials. Journal of Construction Engineering and Management, 138(11), 1259–69.

Kim, B, Lee, H, Park, H and Kim, H (2012) Framework for Estimating Greenhouse Gas Emissions Due to Asphalt Pavement Construction. Journal of Construction Engineering and Management, 138(11), 1312–21.

Lee, G and Kim, S (2012) Case Study of Mass Customization of Double-Curved Metal Façade Panels Using a New Hybrid Sheet Metal Processing Technique. Journal of Construction Engineering and Management, 138(11), 1322–30.

Pan, W, Dainty, A R J and Gibb, A G F (2012) Establishing and Weighting Decision Criteria for Building System Selection in Housing Construction. Journal of Construction Engineering and Management, 138(11), 1239–50.

Pan, W, Gibb, A G F and Dainty, A R J (2012) Strategies for Integrating the Use of Off-Site Production Technologies in House Building. Journal of Construction Engineering and Management, 138(11), 1331–40.

Shapira, A, Simcha, M and Goldenberg, M (2012) Integrative Model for Quantitative Evaluation of Safety on Construction Sites with Tower Cranes. Journal of Construction Engineering and Management, 138(11), 1281–93.

Xiang, P, Zhou, J, Zhou, X and Ye, K (2012) Construction Project Risk Management Based on the View of Asymmetric Information. Journal of Construction Engineering and Management, 138(11), 1303–11.

  • Type: Journal Article
  • Keywords: Construction management; Risk management; Project management; Asymmetry; Information systems; Asymmetric information theory; Construction project risk; Project management; Construction project risk management; Construction project management;
  • ISBN/ISSN: 0733-9364
  • URL: https://doi.org/10.1061/(ASCE)CO.1943-7862.0000548
  • Abstract:
    Construction projects are facing a greater number of uncertainties and more severe risks, which could cause much bigger losses than in the past. From the perspective of information economics, asymmetric information gives rise to opportunistic behavior, which is the primary cause of loss of faith and increased risk in the construction market. Asymmetric information theory is helpful for solving problems arising in construction projects and for preventing construction project risk. The main objective in this paper is to explore risk prevention mechanisms and measures in construction projects on the basis of asymmetric information theory. The research processes are (1) exploring the relationship between asymmetric information and construction project risk and exploring the mechanisms of construction project risk formation on the basis of asymmetric information; (2) analyzing the issue of asymmetric information in construction projects and creating an information model of construction project management; (3) proposing measures for resolving information asymmetries of construction projects. The contributions to the literature are (1) an application of asymmetric information theory to construction project management, confirming that asymmetric information theory is helpful for resolving problems and preventing construction project risk; (2) showing that incomplete information, especially asymmetric information, is the essential cause of construction project risk.

Zhang, L and Qi, J (2012) Controlling Path and Controlling Segment Analysis in Repetitive Scheduling Method. Journal of Construction Engineering and Management, 138(11), 1341–5.