There are many risks and uncertainties in plant construction projects, because of their complexity, difficulty in loss prediction and size of construction being large. The risk management of plant ...

https://www.tandfonline.com/doi/pdf/10.1080/13467581.2019.1687089

Analysis of plant construction accidents and loss estimation using insurance loss records

The traditional methodology on risk analysis in construction project feasibility research has remained for a long time in the atmosphere of qualitative analysis. A thorough quantitative analysis approach in the same field has been carried out in this paper based on the properties and mechanisms of value mining. Taking advantages of value mining theory, the practical evaluation on potential revenue and predictable risk of construction project has been put forward, and the optimization among various schemes for construction project feasibility research is proposed, under the principles of multi-target fuzzy decision making and satisfaction degree of value mining.

Guan Jun

Papers

Quantitative Risk Analysis Approach on Construction Project Feasibility Research