Ex Post Project Risk Assessment: Method and Empirical Study

Erfani, Abdolmajid; Ma, Zihui; Cui, Qingbin; Baecher, Gregory B.

doi:10.1061/jcemd4.coeng-12588

Cited by 9 publications

(2 citation statements)

References 43 publications

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“…2.7 Enables a safe and productive construction environment According to Adekunle et al (2022a) and Erfani et al (2023), the need of every construction company is to satisfy the client this can be achieved through improved services and information or DM. This is justified by the fact that the use of DRM will allow the continuous application of 4IR tools that are known to improve productivity on construction sites.…”

Section: Construction Data Risks Managementmentioning

confidence: 99%

“…Among the threats, are unauthorised access to the information system, software and maintenance errors, human and natural disasters, manipulation of data, espionage, loss of support services, wrong data entry, vandalism and theft, terrorism, user error, earthquakes, loss of electricity supply, information leakage, all of which have affected many sectors, including the CI. The vulnerabilities include cybersecurity negligence on the physical (hardware, employee), internet and software level such as inadequate control of physical access, lack of backup system, uncontrolled use of information, non-protection of hardware, unmotivated, lack of workers training, uncontrolled download from the internet among others (Sultanate of Oman Information Technology Authority, 2017; Cains et al, 2021;Talha et al, 2019;Tanga et al, 2022a;Zhao, 2023;Erfani et al, 2023). All these can be cured via the installation of a DM process.…”

Section: Introductionmentioning

confidence: 99%

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Benefits of construction data risks management in the construction industry

Tambwe,

Aigbavboa,

Akinradewo

2023

JEDT

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Purpose Data represents a critical resource that enables construction companies’ success; thus, its management is very important. The purpose of this study is to assess the benefits of construction data risks management (DRM) in the construction industry (CI). Design/methodology/approach This study adopted a quantitative method and collected data from various South African construction professionals with the aid of an e-questionnaire. These professionals involve electrical engineers, quantity surveyors, architects and mechanical, as well as civil engineers involved under a firm, or organisation within the province of Gauteng, South Africa. Standard deviation, mean item score, non-parametric Kruskal–Wallis H test and exploratory factor analysis were used to analyse the retrieved data. Findings The findings revealed that DRM enhances project and company data availability, promotes confidentiality and enhances integrity, which are the primary benefits of DRM that enable the success of project delivery. Research limitations/implications The research was carried out only in the province of Gauteng due to COVID-19 travel limitations. Practical implications The construction companies will have their data permanently in their possession and no interruption will be seen due to data unavailability, which, in turn, will allow long-term and overall pleasant project outcomes. Originality/value This study seeks to address the benefits of DRM in the CI to give additional knowledge on risk management within the built environment to promote success in every project.

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Section: Construction Data Risks Managementmentioning

confidence: 99%