Abstracts – Browse Results

Search or browse again.

Click on the titles below to expand the information about each abstract.
Viewing 19 results ...

Ahmed, S and Arocho, I (2022) Implementing a Choosing-by-Advantages Decision-Making Method to Evaluate the Critical Success Factors of Mass-Timber Building Materials in the US. Journal of Construction Engineering and Management, 148(10).

Chen, H, Zhu, Y and Luo, X (2022) TableGraph: An Image Segmentation–Based Table Knowledge Interpretation Model for Civil and Construction Inspection Documentation. Journal of Construction Engineering and Management, 148(10).

da Silva, T F L, de Carvalho, M M and Vieira, D R (2022) BIM Critical-Success Factors in the Design Phase and Risk Management: Exploring Knowledge and Maturity Mediating Effect. Journal of Construction Engineering and Management, 148(10).

Gan, V J L (2022) BIM-Based Building Geometric Modeling and Automatic Generative Design for Sustainable Offsite Construction. Journal of Construction Engineering and Management, 148(10).

Hassandokht Mashhadi, A, Handy, R, Farhadmanesh, M, Rashidi, A, Honda, T, Sleeth, D K and Henry, T (2022) Feasibility Study of Using Nebulizer-Retrofitted UAVs at Construction Projects: The Case Study of Residential Jobsites in Utah. Journal of Construction Engineering and Management, 148(10).

Kamardeen, I and Hasan, A (2022) Occupational Health and Safety Implications of an Aging Workforce in the Australian Construction Industry. Journal of Construction Engineering and Management, 148(10).

Kurwi, S, Demian, P, Hassan, T M and Blay, K B (2022) A Process Model for Collaboration at the Design Stage of Rail Project Delivery. Journal of Construction Engineering and Management, 148(10).

Li, N, Du, J, González, V A and Chen, J (2022) Methodology for Extended Reality–Enabled Experimental Research in Construction Engineering and Management. Journal of Construction Engineering and Management, 148(10).

Lin, S and Cheung, S O (2022) Intention to Settle as an Indispensable Element of Negotiated Construction Dispute Settlement. Journal of Construction Engineering and Management, 148(10).

Lingard, H, Zhang, R P, LaBond, C, Clarke, J and Doan, T (2022) Situated Learning: How Interactions with Supervisors Shape Construction Apprentices’ Safety Learning and Practice. Journal of Construction Engineering and Management, 148(10).

Mantha, B R K and Garcia de Soto, B (2022) Investigating the Fiducial Marker Network Characteristics for Autonomous Mobile Indoor Robot Navigation Using ROS and Gazebo. Journal of Construction Engineering and Management, 148(10).

Naji, K K, Gunduz, M and Hamaidi, M F (2022) Major Factors Affecting Construction Waste Management in Infrastructure Projects Using Structural Equation Model. Journal of Construction Engineering and Management, 148(10).

Paquin, J, Morin, P, Lambert, A and Koplyay, T (2022) Assessing Project Contingency Reserves with the Expected Cost Overrun Risk Measure. Journal of Construction Engineering and Management, 148(10).

  • Type: Journal Article
  • Keywords:
  • ISBN/ISSN: 0733-9364
  • URL: https://doi.org/10.1061/(ASCE)CO.1943-7862.0002361
  • Abstract:
    This paper proposes a coherent risk measure to assess project cost overrun contingency reserves: the project expected cost overrun (ECO). It is shown that the traditional project cost-percentile metric does not qualify as a coherent risk measure and, therefore, that the ECO metric should be adopted. Obtained from the tail expectation of the project cost probability distribution, it measures the average value of project costs exceeding, at any significance level, the project cost baseline. A positive, unique, and exact closed-form solution to the ECO risk measure is devised under, among others, the normal probability distribution. The resulting project cost overrun contingency reserve may be interpreted as an insurance contract covering contingent risk factors and claimable by project managers from their project director once preidentified and agreed-upon contingent high-risk cost impacts are taken into account. The project ECO risk measure is extended to assess the project expected time overrun (ETO) and the project expected time overrun penalty (ETOP) risk measures, quantities that will prove indispensable for successfully tendering under any contractual form the minimum value of project time and project cost bids. They will be covering, at the very least, all relevant potential low-probability high-risk contingent risk factor impacts.

Retamal, F, Salazar, L A and Alarcón, L F (2022) Online Monitoring and Implementation of Commitment Management Performance and Its Impact on Project Planning in Four Construction Projects. Journal of Construction Engineering and Management, 148(10).

Tian, D, Li, M, Han, S and Shen, Y (2022) A Novel and Intelligent Safety-Hazard Classification Method with Syntactic and Semantic Features for Large-Scale Construction Projects. Journal of Construction Engineering and Management, 148(10).

Wang, B, Geng, L, Dang, P and Zhang, L (2022) Developing a Framework for Dynamic Organizational Resilience Analysis in Prefabricated Construction Projects: A Project Life Cycle Perspective. Journal of Construction Engineering and Management, 148(10).

Wu, H, Zhang, P, Li, H, Zhong, B, Fung, I W H and Lee, Y Y R (2022) Blockchain Technology in the Construction Industry: Current Status, Challenges, and Future Directions. Journal of Construction Engineering and Management, 148(10).

Xue, H, Sun, T and Zheng, J (2022) Organizational Elements and Collaborative Organizational Citizenship Behavior in Off-Site Construction Projects: Configurational Approach. Journal of Construction Engineering and Management, 148(10).

Zhu, Q, Zhou, T, Xia, P and Du, J (2022) Robot Planning for Active Collision Avoidance in Modular Construction: Pipe Skids Example. Journal of Construction Engineering and Management, 148(10).