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Akiner, I and Tijhuis, W (2007) Work goal orientation of construction professionals in Turkey: comparison of architects and civil engineers. Construction Management and Economics, 25(11), 1165–75.
Alaka, H A, Oyedele, L O, Owolabi, H A, Ajayi, S O, Bilal, M and Akinade, O O (2016) Methodological approach of construction business failure prediction studies: A review. Construction Management and Economics, 34(11), 808-42.
Albert, A, Jeelani, I and Han, K (2020) Developing hazard recognition skill among the next-generation of construction professionals. Construction Management and Economics, 38(11), 1024–39.
Alderman, N and Ivory, C (2010) Service-led projects: understanding the meta-project context. Construction Management and Economics, 28(11), 1131–43.
Ali, Y, Sabir, M and Muhammad, N (2019) A comparative input-output analysis of the construction sector in three developing economies of South Asia. Construction Management and Economics, 37(11), 643–58.
Ashuri, B, Shahandashti, S M and Lu, J (2012) Empirical tests for identifying leading indicators of ENR Construction Cost Index. Construction Management and Economics, 30(11), 917-27.
Bowen, P A, Edwards, P J and Cattell, K (2009) Value management practice in South Africa: the built environment professions compared. Construction Management and Economics, 27(11), 1039–57.
Bowen, P A, Govender, R, Edwards, P J and Cattell, K (2014) An integrated model of HIV/AIDS testing behaviour in the construction industry. Construction Management and Economics, 32(11), 1106-29.
Boyd, D (2013) Using events to connect thinking and doing in knowledge management. Construction Management and Economics, 31(11), 1144-59.
Brandao, L E T and Saraiva, E (2008) The option value of government guarantees in infrastructure projects. Construction Management and Economics, 26(11), 80.
Bryde, D J and Volm, J M (2009) Perceptions of owners in German construction projects: congruence with project risk theory. Construction Management and Economics, 27(11), 1059–71.
- Type: Journal Article
- Keywords: project management; risk management; owner; interview; Germany; risk perceptions
- ISBN/ISSN: 0144-6193
- URL: https://doi.org/10.1080/01446190903222403
- Abstract:
The construction industry is a major user of formal project risk management practices, yet risk is often dealt with inadequately, which is a contributory factor to poor performance. Conceptual developments propose a holistic view of risk incorporating threats and opportunities and the management of uncertainty. To optimize a risk management process there needs to be a reflection of this holistic view in management practice. A key project participant is the owner and understanding the perceptions of project risk of construction owners is an important step in assessing the degree to which practices reflect theory. Semi-structured interviews were conducted with 10 practitioners in German construction owner organizations to explore their perceptions of project risk. The results showed no common definition of project risk and a general belief that risk equated to threat. Some owners did manage opportunities and saw a link between threats and opportunities, yet this practice seemed more the result of experience than an awareness that it was an integral part of a theoretical risk management framework. Most owners perceived risk to encompass uncertainty and the sources of uncertainty perceived as most important were those linked to a longer timescale, such as the ability to let out buildings.
Che Ibrahim, C k I, Costello, S B and Wilkinson, S (2013) Development of a conceptual team integration performance index for alliance projects. Construction Management and Economics, 31(11), 1128-43.
Cheng, L-Y, Wen, D-C and Jiang, H-C (2014) The performance excellence model in construction enterprises: an application study with modelling and analysis. Construction Management and Economics, 32(11), 1078-92.
Dai, J, Goodrum, P M and Maloney, W F (2007) Analysis of craft workers' and foremen's perceptions of the factors affecting construction labour productivity. Construction Management and Economics, 25(11), 1139–52.
Davies, R and Harty, C (2013) Measurement and exploration of individual beliefs about the consequences of building information modelling use. Construction Management and Economics, 31(11), 1110-27.
Dharmapuri Tirumala, R, Dangol, N, Tiwari, P and Vaz-Serra, P (2021) Comparative analysis of outcomes under PPP and traditional modes of delivery: a study of schools in Melbourne. Construction Management and Economics, 39(11), 894–911.
Ding, Z and Ng, F (2008) A new way of developing semantic differential scales with personal construct theory. Construction Management and Economics, 26(11), 26.
Ding, Z and Ng, F (2007) Reliability and validity of the Chinese version of McAllister's trust scale. Construction Management and Economics, 25(11), 1107–17.
Doloi, H (2008) Analysing the novated design and construct contract from the client's, design team's and contractor's perspectives. Construction Management and Economics, 26(11), 96.
Doloi, H (2009) Relational partnerships: the importance of communication, trust and confidence and joint risk management in achieving project success. Construction Management and Economics, 27(11), 1099–109.
Ertuğrul, H M and Pirgaip, B (2021) The nexus between construction investment and economic development: evidence from MENA countries. Construction Management and Economics, 39(11), 932–47.
Falta, M and Gallery, N (2011) Unintended consequences of regulatory reporting requirements for small and medium size construction entities: Australian evidence. Construction Management and Economics, 29(11), 1121–35.
Faridi, A S and El-Sayegh, S M (2006) Significant factors causing delay in the UAE construction industry. Construction Management and Economics, 24(11), 1167-76.
Fellows, R F and Liu, A M M (2018) Where do I go from here? Motivated reasoning in construction decisions. Construction Management and Economics, 36(11), 623–34.
Forbes, D, Smith, S and Horner, M (2008) Tools for selecting appropriate risk management techniques in the built environment. Construction Management and Economics, 26(11), 50.
Gorse, C A and Emmitt, S (2007) Communication behaviour during management and design team meetings: a comparison of group interaction. Construction Management and Economics, 25(11), 1197–213.
Grytnes, R, Tutt, D E and Andersen, L P S (2020) Developing safety cooperation in construction: between facilitating independence and tightening the grip. Construction Management and Economics, 38(11), 977–92.
Guo, W, Lu, W, Gao, X and Cai, F (2021) How interpersonal ties affect interorganizational trust in construction projects: role differences and cross-level effects. Construction Management and Economics, 39(11), 912–31.
Hartmann, A, Davies, A and Frederiksen, L (2010) Learning to deliver service-enhanced public infrastructure: balancing contractual and relational capabilities. Construction Management and Economics, 28(11), 1165–75.
Havenvid, M I, Hulthén, K, Linné, Å and Sundquist, V (2016) Renewal in construction projects: Tracing effects of client requirements. Construction Management and Economics, 34(11), 790-807.
Hoezen, M, van Rutten, J, Voordijk, H and Dewulf, G (2010) Towards better customized service-led contracts through the competitive dialogue procedure. Construction Management and Economics, 28(11), 1177–86.
Hong, Y, Hammad, A W A and Akbarnezhad, A (2019) Impact of organization size and project type on BIM adoption in the Chinese construction market. Construction Management and Economics, 37(11), 675–91.
Hui, E C-M, Liang, C, Wang, Z, Song, B-T and Gu, Q (2012) Real estate bubbles in China: a tale of two cities. Construction Management and Economics, 30(11), 951-61.
Ikediashi, D and Mbamali, I (2014) Modelling the impact of outsourcing decisions on facilities management service-level performance: a case of Nigeria’s public hospitals. Construction Management and Economics, 32(11), 1130-47.
Imriyas, K, Pheng, L S and Teo, E A-L (2007) A fuzzy knowledge-based system for premium rating of workers' compensation insurance for building projects. Construction Management and Economics, 25(11), 1177–95.
Jordan, E, Gross, M E, Javernick-Will, A N and Garvin, M J (2011) Use and misuse of qualitative comparative analysis. Construction Management and Economics, 29(11), 1159–73.
Kaminsky, J (2015) Institutionalizing infrastructure: Photo-elicitation of cultural-cognitive knowledge of development. Construction Management and Economics, 33(11), 942-56.
Kheni, N A, Dainty, A R J and Gibb, A (2008) Health and safety management in developing countries: a study of construction SMEs in Ghana. Construction Management and Economics, 26(11), 69.
Kofoworola, O F and Gheewala, S (2008) An input-output analysis of Thailand's construction sector. Construction Management and Economics, 26(11), 40.
Konanahalli, A and Oyedele, L O (2016) Emotional intelligence and British expatriates' cross-cultural adjustment in international construction projects. Construction Management and Economics, 34(11), 751-68.
Lavikka, R, Kallio, J, Casey, T and Airaksinen, M (2018) Digital disruption of the AEC industry: technology-oriented scenarios for possible future development paths. Construction Management and Economics, 36(11), 635–50.
Leoto, R and Lizarralde, G (2019) Challenges for integrated design (ID) in sustainable buildings. Construction Management and Economics, 37(11), 625–42.
Li, X, Ogier, J and Cullen, J (2006) An economic modelling approach for public sector construction workload planning. Construction Management and Economics, 24(11), 1137-47.
Lind, H and Borg, L (2010) Service-led construction: is it really the future?. Construction Management and Economics, 28(11), 1145–53.
Lingard, H, Wakefield, R and Walker, D (2020) The client’s role in promoting work health and safety in construction projects: balancing contracts and relationships to effect change. Construction Management and Economics, 38(11), 993–1008.
Liu, S-S and Wang, C-J (2009) Two-stage profit optimization model for linear scheduling problems considering cash flow. Construction Management and Economics, 27(11), 1023–37.
Loganathan, S and Forsythe, P (2020) Unravelling the influence of teamwork on trade crew productivity: a review and a proposed framework. Construction Management and Economics, 38(11), 1040–60.
Loosemore, M, Braham, R, Yiming, Y and Bronkhorst, C (2020) Relational determinants of construction project outcomes: a social network perspective. Construction Management and Economics, 38(11), 1061–76.
Low, S P and Hongbin, J (2006) Analysing ownership, locational and internalization advantages of Chinese construction MNCs using rough sets analysis. Construction Management and Economics, 24(11), 1149-65.
Low, S P, Gao, S and Mohdari, M M (2016) Marketing importance and marketing performance measurement of architecture firms in Singapore: An exploratory study. Construction Management and Economics, 34(11), 739-50.
Löwstedt, M and Räisänen, C (2014) Social identity in construction: enactments and outcomes. Construction Management and Economics, 32(11), 1093-105.
Lundkvist, R, Meiling, J H and Sandberg, M (2014) A proactive plan-do-check-act approach to defect management based on a Swedish construction project. Construction Management and Economics, 32(11), 1051-65.
McGrath-Champ, S and Rosewarne, S (2009) Organizational change in Australian building and construction: rethinking a unilinear ‘leaning’ discourse. Construction Management and Economics, 27(11), 1111–28.
Moore, P and Loosemore, M (2014) Burnout of undergraduate construction management students in Australia. Construction Management and Economics, 32(11), 1066-77.
Nasirzadeh, F, Afshar, A, Khanzadi, M and Howick, S (2008) Integrating system dynamics and fuzzy logic modelling for construction risk management. Construction Management and Economics, 26(11), 212.
Nguyen, N H, Skitmore, M and Wong, J K W (2009) Stakeholder impact analysis of infrastructure project management in developing countries: a study of perception of project managers in state-owned engineering firms in Vietnam. Construction Management and Economics, 27(11), 1129–40.
Nguyen, P H D, Tran, D Q and Bypaneni, S P K (2021) Exploring the impact of project size on design-bid-build and design-build project delivery performance in highways. Construction Management and Economics, 39(11), 879–93.
Osipova, E and Eriksson, P E (2011) How procurement options influence risk management in construction projects. Construction Management and Economics, 29(11), 1149–58.
Ozbek, M E, de la Garza, J M and Triantis, K (2012) Efficiency measurement of the maintenance of paved lanes using data envelopment analysis. Construction Management and Economics, 30(11), 995-1009.
Pan, W and Sidwell, R (2011) Demystifying the cost barriers to offsite construction in the UK. Construction Management and Economics, 29(11), 1081–99.
Pietroforte, R, Gregori, T and Falagario, M (2009) The changing input structure of the US construction industry: a longitudinal analysis. Construction Management and Economics, 27(11), 1089–98.
Poirier, E, Forgues, D and Staub-French, S (2016) Collaboration through innovation: Implications for expertise in the AEC sector. Construction Management and Economics, 34(11), 769-89.
Polat, G, Arditi, D, Ballard, G and Mungen, U (2006) Economics of on-site vs. off-site fabrication of rebar. Construction Management and Economics, 24(11), 1185-98.
Ponnaluru, S S, Marsh, T L and Brady, M (2012) Spatial price analysis of used construction equipment: the case of excavators. Construction Management and Economics, 30(11), 981-94.
Raiden, A B, Dainty, A R J and Neale, R H (2008) Understanding employee resourcing in construction organizations. Construction Management and Economics, 26(11), 43.
Raisbeck, P (2008) Perceptions of architectural design and project risk: understanding the architects' role in a PPP project. Construction Management and Economics, 26(11), 57.
Roehrich, J K and Lewis, M A (2010) Towards a model of governance in complex (product–service) inter-organizational systems. Construction Management and Economics, 28(11), 1155–64.
Santoso, J and Loosemore, M (2013) Expatriate management in Australian multinational enterprises. Construction Management and Economics, 31(11), 1098-109.
Sedighi, F and Loosemore, M (2012) Employer-of-choice characteristics in the construction industry. Construction Management and Economics, 30(11), 941-50.
Sha, K (2011) Vertical governance of construction projects: an information cost perspective. Construction Management and Economics, 29(11), 1137–47.
Shiers, D, Rapson, D, Roberts, C and Keeping, M (2006) Sustainable construction: the development and evaluation of an environmental profiling system for construction products. Construction Management and Economics, 24(11), 1177-84.
Simmons, K M and Sutter, D (2007) Tornado shelters and the housing market. Construction Management and Economics, 25(11), 1119–26.
Song, Y, Liu, C and Langston, C (2006) Extending construction linkage measures by the consideration of the impact of capital. Construction Management and Economics, 24(11), 1207-16.
Straub, A (2010) Competences of maintenance service suppliers servicing end-customers. Construction Management and Economics, 28(11), 1187–95.
Tam, C M, Tong, T K L and Chan, K K (2006) Rough set theory for distilling construction safety measures. Construction Management and Economics, 24(11), 1199-206.
Tam, C M, Tong, T K L and Wong, B W L (2007) An integrated system for earthmoving planning. Construction Management and Economics, 25(11), 1127–37.
Tam, V W Y, Tam, C M, Yiu, K T W and Cheung, S O (2006) Critical factors for environmental performance assessment (EPA) in the Hong Kong construction industry. Construction Management and Economics, 24(11), 1113-23.
Tseng, C-L, Zhao, T and Fu, C C (2009) Contingency estimation using a real options approach. Construction Management and Economics, 27(11), 1073–87.
Tucker, J R, Pearce, A R, Bruce, R D, McCoy, A P and Mills, T H (2012) The perceived value of green professional credentials to credential holders in the US building design and construction community. Construction Management and Economics, 30(11), 963-79.
Turner, M and Lingard, H (2020) Examining the interaction between bodily pain and mental health of construction workers. Construction Management and Economics, 38(11), 1009–23.
Tzortzopoulos, P and Sexton, M (2007) An investigation on the implementation of product development process models in construction companies. Construction Management and Economics, 25(11), 1153–64.
van den Boomen, M, Leontaris, G and Wolfert, A R M (2019) Replacement optimization of ageing infrastructure under differential inflation. Construction Management and Economics, 37(11), 659–74.
Wiguna, I P A and Scott, S (2006) Relating risk to project performance in Indonesian building contracts. Construction Management and Economics, 24(11), 1125-35.
Xia, B, Chan, A P C and Yeung, J F Y (2009) Identification of key competences of design-builders in the construction market of the People's Republic of China (PRC). Construction Management and Economics, 27(11), 1141–52.
Yeung, D and Skitmore, M (2012) A method for systematically pooling data in very early stage construction price forecasting. Construction Management and Economics, 30(11), 929-39.
Yuan, X X (2011) A correlated bidding model for markup size decisions. Construction Management and Economics, 29(11), 1101–19.