Risk Performance Indexes and Measurement Systems for Mega Construction Projects

Kim, Seon-Gyoo

doi:10.3846/jcem.2010.65

Cited by 32 publications

(20 citation statements)

References 2 publications

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“…Therefore, stakeholders' performance is a significant factor, which eventually has an influence on a successful project completion (Takim and Akintoye, 2002). The level of stakeholders' performance heavily depends on managerial quality, financial capacity, technical capabilities and organizational performance, particularly for proper management of risks arise due to the competitive business and unstable economic and political environments (Kim, 2010;Takim and Akintoye, 2002).…”

Section: Introductionmentioning

confidence: 99%

Quantification of Critical Success Factors of Contractors in Cambodia: AHP Approach

Durdyev¹,

Eng²,

Cheng³

2018

JOMEINO

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Project success is commonly defined as a completion of a construction project within stipulated time, estimated cost and required quality. Undoubtedly, contractor's, who is one of the influencing stakeholders for project activities, performance is critical for successful project completion. Thus, being the first work in its kind, this study evaluates the CSFs for contractors in Cambodia.The AHP approach was adopted for pairwise comparison of 22 identified critical success factors

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Section: Introductionmentioning

confidence: 99%

Quantification of Critical Success Factors of Contractors in Cambodia: AHP Approach

Durdyev¹,

Eng²,

Cheng³

2018

JOMEINO

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“…Such initiatives use redevelopment projects to resolve the social and economic problems caused by antiquated buildings and degraded infrastructure, Kim (2010). However, common infrastructure projects such as power, water and sewerage, telecommunications and transport facilities possess a number of characteristics: they lack portability, are rarely convertible to other uses and it can be difficult to reverse any investment made in them.…”

Section: Nature Of Infrastructure Projectsmentioning

confidence: 99%

Risk Management Framework for Build, Operate and Transfer (Bot) Projects in Kuwait

Al-Azemi

Bhamra

Salman

2014

Journal of Civil Engineering and Management

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Abstract. Successful implementation of build-operate-transfer (BOT), infrastructure projects is dependent on a full and thorough analysis of factors that include social, economic and political, amongst others. Alongside the financially focused evaluations, qualitative factors will also have a strong impact on the project and so require specific techniques for the analysis. This paper presents a new evaluation framework, based on the analytical hierarchy process technique, for use in assessing the most common and significant decision factors relating to risks in BOT projects. Consultations with an expert group identified a series of risk decision factors. The results produced twenty-eight critical Risk Factors, which have a particular impact on the risks of BOT projects. The project risk framework was constructed by classifying the factors into five categories. The framework was successfully validated using a BOT project case study. This research seeks to make a valuable contribution to the field by having developed and validated a new risk evaluation framework, focused on BOT projects in Kuwait.

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“…This is likely because mega infrastructure projects (1) have a larger physical, environmental and economic footprint; (2) affect a larger segment of the public; and (3) are typically affiliated with national or international development plans [1][2][3][4][5]. Mega building projects, on the contrary, are often perceived merely as larger "regular" projects.…”

Section: Mega Building Projectsmentioning

confidence: 99%

Characteristics of Equipment Planning for Multi-Crane Building Construction Sites

Shapira

Ben-David

2017

Buildings

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This paper purports to provide answers to the following questions with regard to multi-crane building construction sites: (1) Do such construction sites differ from smaller sites only in magnitude, or are there unique characteristics that stem from the size of the site and the multitude of cranes? (2) Is equipment planning for such projects similar to that of projects serviced by a small number of cranes? (3) How is equipment planning affected by the site's surroundings? (4) Does the visibility of multiple cranes in the near and far surroundings of the project affect the approach to equipment planning? Answers to these questions were sought after through the investigation of several measures, based on case studies of mega building projects in Europe, all located in busy urban surroundings. On-site interviews focused on multiple research variables, of which four are used here: project planning stages, planning parties, plan formats, and the cranes on site. The study found that multi-crane sites are characterized by unique features; equipment planning for such sites differs significantly from that conducted for regular sites; the site-surroundings interface plays an important role in equipment and logistics planning for such sites; and the awareness of reputation plays a role in crane selection. The study's main contribution is in reducing the knowledge gap that exists with regard to the unique determinants of equipment planning for multi-crane projects and to its importance to the success of such projects.

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Risk Performance Indexes and Measurement Systems for Mega Construction Projects

Cited by 32 publications

References 2 publications

Quantification of Critical Success Factors of Contractors in Cambodia: AHP Approach

Quantification of Critical Success Factors of Contractors in Cambodia: AHP Approach

Risk Management Framework for Build, Operate and Transfer (Bot) Projects in Kuwait

Characteristics of Equipment Planning for Multi-Crane Building Construction Sites

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