A Framework Methodology for Selection of Risk Analysis Techniques in Construction Projects

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Tipo di pubblicazione: Articolo in atti di convegno
Tipologia MIUR: Contributo in Atti di Convegno (Proceeding) > Contributo in atti di convegno
Titolo: A Framework Methodology for Selection of Risk Analysis Techniques in Construction Projects
Autori: Alberto De Marco, Muhammad Jamaluddin Thaheem, Sabrina Grimaldi, Carlo Rafele
Autori di ateneo:
Intervallo pagine: pp. 142-151
Editore: OOK-Press Ltd
ISBN: 9789632692968
Titolo del convegno: Creative Construction Conference 2012
Luogo dell'evento: Budapest, Hungary
Data dell'evento: 30 June – 3 July, 2012
Rilevanza dell'evento: Internazionale
Luogo di pubblicazione: Veszprém
Abstract: Project Risk Management has been gaining acceptance amongst the practitioners due to an untiring stress on its importance, and the availability of a number of risk analysis techniques for facilitating this task in construction project management. In this arena, the selection of a suitable risk analysis technique is critical to the entire project risk management process and thus critical to the success of a construction project. However, the availability of an appropriate selection methodology, which may help the project managers choose a suitable methodology for their projects, seems missing. In this paper a selection framework methodology is presented, which looks at the realization of a practical tool that may help project managers and construction practitioners in choosing a suitable risk analysis technique that satisfies select project drivers. Also, the presented work extends the traditional time, cost and quality drivers of a project by enhancing the focus to the level of complexity and maturity of the organization. The project drivers are further classified into four scales each, to assist in formulating a well-structured chart. The dimension of project risk analysis technique is classified into qualitative, semi-quantitative, quantitative, and simulation scales, rendering a balanced diagram. Plotting the project drivers on the chart result in acquisition of the category of risk analysis technique, which is appropriate under given variables. The paper further proposes individual classification of existing techniques into the four categories of project risk analysis dimension, which may help practitioners to obtain a specific technique for their construction project by conveniently putting in the variables into the proposed chart. Applicability of the framework methodology is finally presented followed by conclusions and future research directions
Data: 2012
Status: Pubblicato
Lingua della pubblicazione: Inglese
Parole chiave: construction management, project management, risk analysis, decision making, project classification
Dipartimenti (originale): DIST - Dipartimento Interateneo di Scienze, Progetto e Politiche del Territorio
DIGEP - Dipartimento di Ingegneria Gestionale e della Produzione
Dipartimenti: DIGEP - Dipartimento di Ingegneria Gestionale e della Produzione
URL correlate:
    Area disciplinare: Area 09 - Ingegneria industriale e dell'informazione > IMPIANTI INDUSTRIALI MECCANICI
    Data di deposito: 04 Lug 2012 20:15
    Data ultima modifica (IRIS): 27 Nov 2012 09:50:52
    Data inserimento (PORTO): 28 Ott 2014 20:52
    Permalink: http://porto.polito.it/id/eprint/2498723
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