Quantitative Risk Management And Decision Making In Construction
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Quantitative Risk Management And Decision Making In Construction
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Author : Amarjit Singh
language : en
Publisher: ASCE Press
Release Date : 2017
Quantitative Risk Management And Decision Making In Construction written by Amarjit Singh and has been published by ASCE Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with Construction industry categories.
Singh introduces valuable techniques for weighing and evaluating alternatives in decision making with a focus on risk analysis for identifying, quantifying, and mitigating risks associated with construction projects.
Construction Risk Management Decision Making
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Author : Alex C. Arthur
language : en
Publisher: John Wiley & Sons
Release Date : 2021-12-13
Construction Risk Management Decision Making written by Alex C. Arthur and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-12-13 with Technology & Engineering categories.
CONSTRUCTION RISK MANAGEMENT DECISION MAKING Explores the relevance of systems thinking and behavioral science in construction risk management Effective risk management is a vital component of all successful construction projects. Although quantitative tools for evaluating data and minimizing risk are readily available, construction managers commonly adopt a more innate, experience-based approach. In Construction Risk Management Decision Making, project manager and senior consultant Alex C. Arthur provides step-by-step advice on assessing and prioritizing risk using qualitative decision-making systems in the construction industry. Incorporating key theories and concepts from systems thinking and behavioral science, this highly practical guide focuses on the behavior patterns of real people in the industry, rather than complex quantitative techniques and data. Concise, easy-to-understand chapters highlight the current practices of construction risk management while helping readers view risk and decision making from a broader perspective. Throughout the book, the author presents invaluable insights into the ways construction professionals think and behave in the real world. Addresses the actual risk management practices of construction professionals Applies human behavioral theories to the study of construction risk management decision making Illustrates the highly intuitive approaches prevalent in various construction projects Features real-life case studies and practical examples throughout Construction Risk Management Decision Making is an excellent textbook for advanced students in project management, engineering, construction, and surveying courses, and a must-have guide for practitioners of construction management, surveying, and architecture.
Risk Management In Engineering And Construction
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Author : Stephen Ogunlana
language : en
Publisher: Routledge
Release Date : 2019-09-09
Risk Management In Engineering And Construction written by Stephen Ogunlana and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-09-09 with Technology & Engineering categories.
Today’s businesses are driven by customer ‘pull’ and technological ‘push’. To remain competitive in this dynamic business world, engineering and construction organizations are constantly innovating with new technology tools and techniques to improve process performance in their projects. Their management challenge is to save time, reduce cost and increase quality and operational efficiency. Risk management has recently evolved as an effective method of managing both projects and operations. Risk is inherent in any project, as managers need to plan projects with minimal knowledge and information, but its management helps managers to become proactive rather than reactive. Hence, it not only increases the chance of project achievement, but also helps ensure better performance throughout its operations phase. Various qualitative and quantitative tools are researched extensively by academics and routinely deployed by practitioners for managing risk. These have tremendous potential for wider applications. Yet the current literature on both the theory and practice of risk management is widely scattered. Most of the books emphasize risk management theory but lack practical demonstrations and give little guidance on the application of those theories. This book showcases a number of effective applications of risk management tools and techniques across product and service life in a way useful for practitioners, graduate students and researchers. It also provides an in-depth understanding of the principles of risk management in engineering and construction.
Managing Risk In Construction Projects
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Author : Nigel J. Smith
language : en
Publisher: John Wiley & Sons
Release Date : 2014-02-03
Managing Risk In Construction Projects written by Nigel J. Smith and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-02-03 with Technology & Engineering categories.
Investment in any new project invariably carries risk but the construction industry is subject to more risk and uncertainty than perhaps any other industry. This guide for construction managers, project managers and quantity surveyors as well as for students shows how the risk management process improves decision-making. Managing Risk in Construction Projects offers practical guidance on identifying, assessing and managing risk and provides a sound basis for effective decision-making in conditions of uncertainty. The book focuses on theoretical aspects of risk management but also clarifies procedures for undertaking and utilising decisions. This blend of theory and practice is the real message of the book and, with a strong authorship team of practitioners and leading academics, the book provides an authoritative guide for practitioners having to manage real projects. It discusses a number of general concepts, including projects, project phases, and risk attitude before introducing various risk management techniques. This third edition has been extended to recognize the reality of multi-project or programme management and the risks in this context; to highlight the particular problems of risk in international joint ventures; and to provide more coverage of PFI and PPP. With case studies and examples of good practice, the book offers the distilled knowledge of over 100 man-years of experience in working on all aspects of project risk, giving sound practical guidance on identifying, assessing and managing risk.
Handbook Of Evidence Based Management Practices In Business
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Author : Satyendra Kumar Sharma
language : en
Publisher: Taylor & Francis
Release Date : 2023-05-25
Handbook Of Evidence Based Management Practices In Business written by Satyendra Kumar Sharma and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-05-25 with Business & Economics categories.
This book is a collection of selected high-quality research papers presented at the 4th International Conference on Evidence-Based Management (ICEBM) 2023, held at Birla Institute of Technology & Science, Pilani, Rajasthan, India, during February 24–25, 2023. It has 76 chapters written by various scholars focusing on evidence-based management practices in different functional areas of management with the application of theory and empirical techniques. This book will be helpful to practitioners, academics, scholars, and policymakers.
Risk Management And Assessment
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Author : Jorge Rocha
language : en
Publisher: BoD – Books on Demand
Release Date : 2020-10-14
Risk Management And Assessment written by Jorge Rocha and has been published by BoD – Books on Demand this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-10-14 with Social Science categories.
Risk analysis, risk evaluation and risk management are the three core areas in the process known as 'Risk Assessment'. Risk assessment corresponds to the joint effort of identifying and analysing potential future events, and evaluating the acceptability of risk based on the risk analysis, while considering influencing factors. In short, risk assessment analyses what can go wrong, how likely it is to happen and, if it happens, what are the potential consequences. Since risk is a multi-disciplinary domain, this book gathers contributions covering a wide spectrum of topics with regard to their theoretical background and field of application. The work is organized in the three core areas of risk assessment.
Proceedings Of The 5th International Conference On Electrical Engineering And Automatic Control
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Author : Bo Huang
language : en
Publisher: Springer
Release Date : 2016-07-15
Proceedings Of The 5th International Conference On Electrical Engineering And Automatic Control written by Bo Huang and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-07-15 with Technology & Engineering categories.
On the basis of instrument electrical and automatic control system, the 5th International Conference on Electrical Engineering and Automatic Control (CEEAC) was established at the crossroads of information technology and control technology, and seeks to effectively apply information technology to a sweeping trend that views control as the core of intelligent manufacturing and life. This book takes a look forward into advanced manufacturing development, an area shaped by intelligent manufacturing. It highlights the application and promotion of process control represented by traditional industries, such as the steel industry and petrochemical industry; the technical equipment and system cooperative control represented by robot technology and multi-axis CNC; and the control and support of emerging process technologies represented by laser melting and stacking, as well as the emerging industry represented by sustainable and intelligent life. The book places particular emphasis on the micro-segments field, such as intelligent micro-grids, new energy vehicles, and the Internet of Things.
Construction Program Management Decision Making And Optimization Techniques
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Author : Ali D. Haidar
language : en
Publisher: Springer
Release Date : 2015-09-12
Construction Program Management Decision Making And Optimization Techniques written by Ali D. Haidar and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-09-12 with Business & Economics categories.
Exploring complex and intelligent analytical and mathematical methods, this book examines how different approaches can be used to optimize program management in the construction industry. It presents an in-depth study of the different program management methods, ranging from simple decision-making techniques and statistics analysis to the more complex linear programming and demonstrates how knowledge-base systems and genetic algorithms can be used to optimize resources and meet time, budget and quality criteria. It addresses topics including decision-making principles, planning and scheduling, mathematical forecasting models, optimization techniques programming and artificial intelligence techniques. Providing a valuable resource for anyone managing multiple projects in the construction industry, this book is intended for civil and construction engineering students, project managers, construction managers and senior engineers.
Project Management For Facility Constructions
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Author : Alberto De Marco
language : en
Publisher: Springer Science & Business Media
Release Date : 2011-03-23
Project Management For Facility Constructions written by Alberto De Marco and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-03-23 with Technology & Engineering categories.
This book describes concepts, methods and practical techniques for managing projects to develop constructed facilities in the fields of oil & gas, power, infrastructure, architecture and the commercial building industries. It is addressed to a broad range of professionals willing to improve their management skills and designed to help newcomers to the engineering and construction industry understand how to apply project management to field practice. Also, it makes project management disciplines accessible to experts in technical areas of engineering and construction. In education, this text is suitable for undergraduate and graduate classes in architecture, engineering and construction management, as well as for specialist and professional courses in project management.