Journal ArticleDOI
Modelling global risk factors affecting construction cost performance
Daniel Baloi,Andrew D.F. Price +1 more
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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
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Journal ArticleDOI
Bid or no-bid decision factors of indigenous contractors in Nigeria
TL;DR: In this article, the authors investigate the factors that affect the decision of indigenous construction contractors to bid or not to bid in Nigeria and identify 41 significant decision factors often considered by Nigerian indigenous contractors before the bid.
Journal ArticleDOI
Risk Assessment of Additional Works in Railway Construction Investments Using the Bayes Network
Agnieszka Leśniak,Filip Janowiec +1 more
TL;DR: A methodology for creating risk management strategies using a standard algorithm that includes risk identification, risk analysis, and risk assessment is presented and is shown that a well-programmed network can be used to implement risk mitigation methods.
Proceedings ArticleDOI
A fuzzy BOT project risk evaluation model in iranian power plant industry
TL;DR: A fuzzy LINMAP method is presented to evaluate the risk in BOT projects and some effective criteria and attributes assigned for risk evaluating in Bot approach are used.
Journal ArticleDOI
Managing External Risks for International Architectural, Engineering, and Construction (AEC) Firms Operating in Gulf Cooperation Council (GCC) States:
TL;DR: In this article, a questionnaire survey and case studies among architectural, engineer, and construction professionals about international projects involve both uncertainties raised domestically and external risks in international transactions, and the case studies are presented.
Journal Article
Risk Assessment Framework for Building Construction Projects’ in Developing Countries
O. O. Odimabo,C. F. Oduoza +1 more
TL;DR: In this paper, an exclusive and comprehensible risk management framework is proposed to improve the performance of building construction projects in developing countries, in the form of achieving successful project delivery within the time frame, minimising cost overruns and optimising project quality.
References
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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.
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