Journal ArticleDOI
Modelling global risk factors affecting construction cost performance
Daniel Baloi,Andrew D.F. Price +1 more
Reads0
Chats0
TLDR
Preliminary indications show that Fuzzy Set Theory is a viable technology for modelling, assessing and managing global risk factors affecting construction cost performance and thus a fuzzy decision framework for risk management can be successfully developed.About:
This article is published in International Journal of Project Management.The article was published on 2003-05-01. It has received 578 citations till now. The article focuses on the topics: Risk management & Risk management information systems.read more
Citations
More filters
Time-Cost-Quality-Risk of Construction and Development Projects or Investment
TL;DR: In this article, the survival pyramid including time, cost, quality and risk in construction and development projects and investment has been taken into consideration and explanation, and results for other industries such as automotive, appliances and electronic devices, leading industries and etc can be used.
Journal ArticleDOI
Theoretical review on critical risk factors in oil and gas construction projects in Yemen
TL;DR: A risk factor framework was developed to identify the critical risk factors in the oil and gas construction projects in Yemen, which can be divided into two major groups: (1) internal risk factors, including seven critical sources of risks, namely client, contractor, consultant, feasibility study and design, tendering and contract, resources and material supply and project management; and (2) external risk factors including six sources of critical risk factor, namely national economic, political risk, local people, environment and safety, security risk and force-majeure-related risk factors.
Journal ArticleDOI
Towards sharing life-log information with society
TL;DR: This work describes the sharing of life-log information with society based on the identification of associated risks and benefits and proposes a data model, designed to reduce the potential risks ofLife-logs, and ethics for providing and using life- logs are discussed.
Journal ArticleDOI
Methodology and tools for risk evaluation in construction projects using Risk Breakdown Structure
TL;DR: In this article, an advanced method for measurement and propagation of risks in RBS is proposed, which is a hierarchical representation of the identified project risks arranged by risk category and subcategory that identifies the various areas and causes of potential risks.
Journal ArticleDOI
Delivery risk analysis within the context of program management using fuzzy logic and DEA: A China case study
TL;DR: In this paper, a mixed approach was employed to explore the management of delivery risk of a construction program, and a case study of the 2010 Guangzhou Asian Games as an example of construction programs to apply and verify the mixed delivery risk assessment approach developed in this study.
References
More filters
Book
Fuzzy sets
TL;DR: A separation theorem for convex fuzzy sets is proved without requiring that the fuzzy sets be disjoint.
Book
A mathematical theory of evidence
TL;DR: This book develops an alternative to the additive set functions and the rule of conditioning of the Bayesian theory: set functions that need only be what Choquet called "monotone of order of infinity." and Dempster's rule for combining such set functions.
Journal Article