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Arabi, S, Eshtehardian, E and Shafiei, I (2022) Using Bayesian Networks for Selecting Risk-Response Strategies in Construction Projects. Journal of Construction Engineering and Management, 148(08).

  • Type: Journal Article
  • Keywords: Risk analysis; Risk interdependencies; Risk response; Bayesian networks (BNs); Construction projects;
  • ISBN/ISSN: 0733-9364
  • URL: https://doi.org/10.1061/(ASCE)CO.1943-7862.0002310
  • Abstract:
    Construction projects are known as high-risk projects due to their complex and dynamic nature. The probability of success of construction projects is increased with efficient management of key risks. Understanding and selecting risk-response strategies is an essential step in the risk management process, which plays a crucial role in reducing the probability and impact of risks. Moreover, risk interdependencies play a pivotal role in deciding about risk-response strategies. On the other hand, the implementation of any response may impose a cost on the project, which the project team should be aware of in all phases of the construction project. Existing risk-assessment methods often do not consider the risk interdependencies and the role of risk-response strategies in reducing project risk exposure. Besides, the lack of data in construction projects hampers the use of risk-assessment methods. Bayesian networks (BNs) can reduce some of these limitations. The research aims are to provide a Bayesian-based model to assess the probability of project failure considering risk interdependencies and the role of risk-response strategies in reducing project risk exposure. The cost of implementing risk-response strategies to help decision makers in selecting from different responses is also calculated. Moreover, in order to validate the model and explain the procedure of implementing it practically, it was implemented in a construction project case study. The result of the model implementation for the case study showed that by allocating about 2% more money on implementing risk-response strategies than in the basic scenario (without entering observations), the probability of project failure was reduced about 60%. Moreover, when the total cost of implementing risk-response strategies was increased dramatically, the probability of project failure did not necessarily decrease because the most expensive risk-response strategy may not the best one. The proposed model provides the best combination of risk responses by minimizing the probability of project failure and the cost of implementing risk responses.

Chang, T, Chi, S and Im, S (2022) Understanding User Experience and Satisfaction with Urban Infrastructure through Text Mining of Civil Complaint Data. Journal of Construction Engineering and Management, 148(08).

Dias Barkokebas, R, Al-Hussein, M and Li, X (2022) VR–MOCAP-Enabled Ergonomic Risk Assessment of Workstation Prototypes in Offsite Construction. Journal of Construction Engineering and Management, 148(08).

Ezzeddine, A, Shehab, L, Lucko, G and Hamzeh, F (2022) Forecasting Construction Project Performance with Momentum Using Singularity Functions in LPS. Journal of Construction Engineering and Management, 148(08).

Feng, K, Wang, S, Lu, W, Liu, C and Wang, Y (2022) Planning Construction Projects in Deep Uncertainty: A Data-Driven Uncertainty Analysis Approach. Journal of Construction Engineering and Management, 148(08).

Gomes Araújo, L and Lucko, G (2022) Best Practices for Case Studies in Construction Engineering and Management Research. Journal of Construction Engineering and Management, 148(08).

Heaton, R, Martin, H, Chadee, A, Milling, A, Dunne, S and Borthwick, F (2022) The Construction Materials Conundrum: Practical Solutions to Address Integrated Supply Chain Complexities. Journal of Construction Engineering and Management, 148(08).

Islam, M S, Mohandes, S R, Mahdiyar, A, Fallahpour, A and Olanipekun, A O (2022) A Coupled Genetic Programming Monte Carlo Simulation–Based Model for Cost Overrun Prediction of Thermal Power Plant Projects. Journal of Construction Engineering and Management, 148(08).

Koo, H J and O’Connor, J T (2022) A Strategy for Building Design Quality Improvement through BIM Capability Analysis. Journal of Construction Engineering and Management, 148(08).

Le, C, Jeong, H D, Damnjanovic, I and Bukkapatnam, S (2022) Pareto Principle in Scoping-Phase Cost Estimating: A Multiobjective Optimization Approach for Selecting and Applying Optimal Major Work Items. Journal of Construction Engineering and Management, 148(08).

Lee, C, Chong, H, Tanko, B L and Klufallah, M (2022) Effect between Trust in Communication Technology and Interorganizational Trust in BIM-Enabled Projects. Journal of Construction Engineering and Management, 148(08).

Lee, G H, Kim, J I, Koo, C and Kim, T W (2022) Automated Generation of Precast Concrete Slab Stacks for Transportation in Offsite Construction Projects. Journal of Construction Engineering and Management, 148(08).

Liu, Y, Yao, F, Ji, Y, Tong, W, Liu, G, Li, H X and Hu, X (2022) Quality Control for Offsite Construction: Review and Future Directions. Journal of Construction Engineering and Management, 148(08).

Mmereki, D and Brouwer, D (2022) Application of Innovative Materials and Methods in Green Buildings and Associated Occupational Exposure and Health of Construction Workers: A Systematic Literature Review. Journal of Construction Engineering and Management, 148(08).

Simmons, D R, Polmear, M, Bae, H and McCall, C (2022) Applying a New Lens: Using Photo Elicitation in Construction Engineering Management Research. Journal of Construction Engineering and Management, 148(08).

Son, J, O’Brien, W J and Thomas, S R (2022) Recommended Practices for Effective Management of Academia–Industry Collaborative Research Teams in Construction Management. Journal of Construction Engineering and Management, 148(08).

Wang, Y, Thangasamy, V K, Tiong, R L K and Zhang, L (2022) Improved Workflow for Precast Element Design Based on BIM and Lean Construction. Journal of Construction Engineering and Management, 148(08).

Xia, P, Xu, F, Zhou, T and Du, J (2022) Benchmarking Human versus Robot Performance in Emergency Structural Inspection. Journal of Construction Engineering and Management, 148(08).

Zarghami, S A (2022) Prioritizing Construction Activities: Addressing the Flaws of Schedule-Based Indexes. Journal of Construction Engineering and Management, 148(08).