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Akintoye, A, Hardcastle, C, Beck, M, Chinyio, E A and Asenova, D (2003) Achieving best value in private finance initiative project procurement. Construction Management and Economics, 21(05), 461-70.

Ammar, M A (2003) Float analysis of non-serial repetitive activities. Construction Management and Economics, 21(05), 535-42.

Chan, A P C, Chan, D W M and Ho, K S K (2003) An empirical study of the benefits of construction partnering in Hong Kong. Construction Management and Economics, 21(05), 523-33.

Khosrowshahi, F and Alani, A M (2003) A model for smoothing time-series data in construction. Construction Management and Economics, 21(05), 483-94.

Ng, M F, Tummala, V M R and Yam, R C M (2003) A risk-based maintenance management model for toll road/tunnel operations. Construction Management and Economics, 21(05), 495-510.

  • Type: Journal Article
  • Keywords: Risk management process; preventive maintenance; toll road/tunnel; operations
  • ISBN/ISSN: 0144-6193
  • URL: https://doi.org/10.1080/0144619032000089616
  • Abstract:

    Preventive maintenance (PM) has long been recognized as a method to increase equipment reliability and availability. However, for equipment in complex plant installations like toll road/tunnel systems, to carry out PM on all components may not be feasible, or, may end up with excessive maintenance costs. This paper describes how a risk-based maintenance management model was formulated to systematically prioritize PM activities. The model was based on the five core elements of the risk management process (RMP): identification, measurement, assessment, valuation, and control and monitoring. This model was applied to a toll road/tunnel company in Hong Kong to enhance the PM operations of its lighting system. The improvements recommended in this case study show that the application of RMP in preventive maintenance could effectively identify and assess potential risks for equipment and facilities. The RMP results provide quantified information for decision-makers to select the best course of actions for implementing a more cost-effective risk-based PM system.

Voordijk, H, Leuven, A v and Laan, A (2003) Enterprise Resource Planning in a large construction firm: implementation analysis. Construction Management and Economics, 21(05), 511-21.

Waraszawski, A (2003) Parametric analysis of the financing cost in a building project. Construction Management and Economics, 21(05), 447-59.

Ye, S and Tiong, R L K (2003) The effect of concession period design on completion risk management of BOT projects. Construction Management and Economics, 21(05), 471-82.