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Alavipour, S M R and Arditi, D (2018) Optimizing Financing Cost in Construction Projects with Fixed Project Duration. Journal of Construction Engineering and Management, 144(04).

Chong, D, Wang, Y, Zhao, K, Wang, D and Oeser, M (2018) Asphalt Fume Exposures by Pavement Construction Workers: Current Status and Project Cases. Journal of Construction Engineering and Management, 144(04).

Durdyev, S, Ismail, S and Kandymov, N (2018) Structural Equation Model of the Factors Affecting Construction Labor Productivity. Journal of Construction Engineering and Management, 144(04).

Hammad, M W, Abbasi, A and Ryan, M J (2018) Developing a Novel Framework to Manage Schedule Contingency Using Theory of Constraints and Earned Schedule Method. Journal of Construction Engineering and Management, 144(04).

Kalhor, E and Valentin, V (2018) Cost Estimation Framework for Optimal Retrofit Planning to Mitigate Residential Building Vulnerability to Wildfires. Journal of Construction Engineering and Management, 144(04).

Li, S, Fan, M and Wu, X (2018) Effect of Social Capital between Construction Supervisors and Workers on Workers’ Safety Behavior. Journal of Construction Engineering and Management, 144(04).

Namian, M, Albert, A and Feng, J (2018) Effect of Distraction on Hazard Recognition and Safety Risk Perception. Journal of Construction Engineering and Management, 144(04).

Nnaji, C, Lee, H W, Karakhan, A and Gambatese, J (2018) Developing a Decision-Making Framework to Select Safety Technologies for Highway Construction. Journal of Construction Engineering and Management, 144(04).

Sankaran, B and O’Brien, W J (2018) Bayesian Second-Order Factor Model for Maturity Assessment of CIM Technologies and Practices at Highway Agencies. Journal of Construction Engineering and Management, 144(04).

Shrestha, A, Chan, T, Aibinu, A A, Chen, C and Martek, I (2018) Risk Allocation Inefficiencies in Chinese PPP Water Projects. Journal of Construction Engineering and Management, 144(04).

  • Type: Journal Article
  • Keywords: China; Public-private partnerships (PPPs); Risks; Risk allocation; Water projects;
  • ISBN/ISSN: 0733-9364
  • URL: https://doi.org/10.1061/(ASCE)CO.1943-7862.0001457
  • Abstract:
    Risk management is a key concern in public-private partnership (PPP) projects and the efficient allocation of risk remains problematic. Previous studies on PPP practices have documented the prevalence of inefficiency in risk allocation. Nevertheless, the nature of PPP risk misallocation has not been quantitatively described and verified. This study examines risk allocation in the Chinese water sector as it supports the highest number of PPP projects. Based on the expertise of 32 senior practitioners, statistical analysis is used to contrast where risks ought to lie in order to maximize risk mitigation efficiency with where such risks actually lie. The results confirm that current risk allocation practices are far from ideal, with the implication that current practices play a significant role in project failure. Details within the data provide insight into how practitioners should modify current risk allocation practices to better achieve risk management optimization. The lesson learned from this study can be transferred to projects in other emerging PPP markets.

Su, Y, Isaac, S and Lucko, G (2018) Integrated Temporal-Spatial Model for Construction Plans with Boolean Logic Operators. Journal of Construction Engineering and Management, 144(04).

Umer, W, Li, H, Szeto, G P Y and Wong, A Y L (2018) Proactive Safety Measures: Quantifying the Upright Standing Stability after Sustained Rebar Tying Postures. Journal of Construction Engineering and Management, 144(04).

Yoon, S, Hastak, M and Lee, J (2018) Suitability of Intelligent Compaction for Asphalt Pavement Quality Control and Quality Assurance. Journal of Construction Engineering and Management, 144(04).