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Ashuri, B and Tavakolan, M (2012) Fuzzy Enabled Hybrid Genetic Algorithm–Particle Swarm Optimization Approach to Solve TCRO Problems in Construction Project Planning. Journal of Construction Engineering and Management, 138(09), 1065–74.

Choi, K, Son, K, Woods, P and Park, Y J (2012) LEED Public Transportation Accessibility and Its Economic Implications. Journal of Construction Engineering and Management, 138(09), 1095–102.

Dikmen, I, Birgonul, M T, Tah, J H M and Ozer, A H (2012) Web-Based Risk Assessment Tool Using Integrated Duration–Cost Influence Network Model. Journal of Construction Engineering and Management, 138(09), 1023–34.

  • Type: Journal Article
  • Keywords: Risk management; Construction costs; Scheduling; Internet; Risk management; Cost; Schedule;
  • ISBN/ISSN: 0733-9364
  • URL: https://doi.org/10.1061/(ASCE)CO.1943-7862.0000547
  • Abstract:
    The major challenges of project risk assessment may be attributed to the knowledge requirements for determining the level of uncertainty and the development of complex models to predict project outcomes. The duration–cost influence network is an adequate model that can be used for activity-based risk modeling. In this study, a scenario analysis feature is added to this model and a Web-based tool is developed that can be used to calculate risk-adjusted duration and cost, considering the risks affecting cost and duration of individual activities. Monte Carlo simulation is used to create scenarios, and the output of these scenarios is calculated by using the cost–duration influence system that simulates the vulnerability of the project to the identified risk factors. The Web-based tool can be used by decision makers during the preplanning stage of construction projects to estimate the cost and duration implications of various risk occurrence scenarios, determine contingencies, and prepare risk-management plans.

Fong, P S W and Chen, L (2012) Governance of Learning Mechanisms: Evidence from Construction Firms. Journal of Construction Engineering and Management, 138(09), 1053–64.

Gilkey, D P, del Puerto, C L, Keefe, T, Bigelow, P, Herron, R, Rosecrance, J and Chen, P (2012) Comparative Analysis of Safety Culture Perceptions among HomeSafe Managers and Workers in Residential Construction. Journal of Construction Engineering and Management, 138(09), 1044–52.

Hajifathalian, K, Wambeke, B W, Liu, M and Hsiang, S M (2012) Effects of Production Control Strategy and Duration Variance on Productivity and Work in Process: Simulation-Based Investigation. Journal of Construction Engineering and Management, 138(09), 1035–43.

Liu, D, Sun, J, Zhong, D and Song, L (2012) Compaction Quality Control of Earth-Rock Dam Construction Using Real-Time Field Operation Data. Journal of Construction Engineering and Management, 138(09), 1085–94.

Moret, Y and Einstein, H H (2012) Experience in Expert Estimation of Probabilities and Correlations for Rail Line Construction. Journal of Construction Engineering and Management, 138(09), 1103–6.

Moret, Y and Einstein, H H (2012) Modeling Correlations in Rail Line Construction. Journal of Construction Engineering and Management, 138(09), 1075–84.

Shewchuk, J P and Guo, C (2012) Panel Stacking, Panel Sequencing, and Stack Locating in Residential Construction: Lean Approach. Journal of Construction Engineering and Management, 138(09), 1006–16.

Son, K, Choi, K, Woods, P and Park, Y J (2012) Urban Sustainability Predictive Model Using GIS: Appraised Land Value versus LEED Sustainable Site Credits. Journal of Construction Engineering and Management, 138(09), 1107–12.

Xia, B, Chan, A, Molenaar, K and Skitmore, M (2012) Determining the Appropriate Proportion of Owner-Provided Design in Design-Build Contracts: Content Analysis Approach. Journal of Construction Engineering and Management, 138(09), 1017–22.