Managing risk in construction projects:
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| Main Authors: | , , |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
West Sussex [u.a.]
Wiley
2014
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| Edition: | 3. ed. |
| Subjects: | |
| Online Access: | Inhaltsverzeichnis |
| Physical Description: | XII, 238 S. graph. Darst. |
| ISBN: | 9781118347232 |
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MARC
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Record in the Search Index
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| adam_text | Contents Preface Authors Biographies Acknowledgements xiii Projects and Risk 1 1 1.1 1.2 1.3 1.4 1.5 2 The Project Environment 2.1 2.2 2.3 2.4 2.5 2.6 2.7 3 Projects The project constitution Project organisation Project phases Effect of project phase on risk Project appraisal Summary Understanding the Human Aspects 3.1 3.2 3.3 3.4 3.5 3.6 3.7 4 Construction projects Decision making Risk management strategy Project planning Summary Risk management - context Risk management - organisations The risk management process Some guidelines to the risk management process The risk workshop Communication Summary Reference Qualitative Methods and Soft Systems Methodology 4.1 4.2 Qualitative risk assessment Review of project programmes and budgets XI 1 2 4 5 6 8 8 9 11 13 16 17 19 21 21 22 23 24 26 29 30 30 31 31 32
vi Contents 4.3 4.4 4.5 4.6 4.7 4.8 5 6 7 The risk log Using a risk log to formulate risk management strategy Qualitative methods Soft systems methodology Case study: SSM in use in the procurement of construction projects Summary 33 35 37 38 40 48 Risk and Value Management 49 5.1 5.2 5.3 5.4 5.5 5.6 5.7 5.8 5.9 49 50 52 53 55 56 62 65 66 66 Introduction Approaches to the management of risk The standard risk management model Applying risk and value management Value management processes Understanding the project risk Applying value and risk management Iteration of the process Summary References Quantitative Methods for Risk Analysis 67 6.1 6.2 6.3 6.4 6.5 6.6 6.7 6.8 6.9 67 69 71 72 75 76 79 80 81 82 Sanction Project appraisal and selection Project evaluation Engineering risks Risk management Probabilistic analysis Response to risks Successful risk management Principles of contingency fund estimation Appendix 6.A: Alternative methods of risk analysis The Contribution of Information Technology to Risk Modelling and Simulation 7.1 7.2 7.3 7.4 7.5 7.6 7.7 7.8 7.9 7.10 7.11 7.12 7.13 7.14 Purpose of RMS When to use RMS Requirements of the analyst Modelling and simulation Modelling using RMS Data management Analytical mechanisms Classification of RMS Selection of RMS Modelling a project for risk management Data requirements for realistic modelling Choice of variable distribution Case study Case study simulations 87 88 88 90 90 91 92 93 94 95 96 98 100 Ю1 Ю7
Contents 7.15 7.16 7.17 8 9 Analysis of the result Discussion of findings Summary vii 109 115 115 Risk Allocation in the Contracting and Procurement Cycle 117 8.1 8.2 8.3 8.4 8.5 8.6 8.7 117 121 123 125 135 138 140 141 Typical contracting and procurement processes Value planning case study Known and unknown risks in contracts Risk allocation strategies Risk allocation according to payment mechanism Contract award Summary Reference Managing Financial Risks in Major Construction and PFI / PPP Projects 9.1 9.2 9.3 9.4 9.5 9.6 9.7 9.8 142 Project financing Types of finance Appraisal and validity of financing projects Typical financial risks Promoter Financial risk in concession contracts Global and elemental risks in concession contracts Summary 142 143 148 151 152 153 155 160 10 Risks in International Construction Project joint Ventures 161 10.1 10.2 10.3 10.4 10.5 10.6 Background Concept of joint venture Motives for joint venture formation Assessing joint venture success Case study Summary Acknowledgement References 11 Risk Management at Corporate, Strategic Business Unit and Project Levels 11.1 11.2 11.3 Risk in organisations Riskmanagement The risk management process 11.4 Benefits of risk management 11.5 Recognising risks 11.6 Why risk management is used 11.7 Risk management actions at different levels 11.8 Summary References 161 162 162 163 165 169 169 169 171 171 173 173 174 175 176 177 լ 82 183
viii Contents 12 Case Studies 12.1 12.2 12.3 12.4 12.5 12.6 12.7 12.8 Introduction Heavy lift vessel design and fabrication programmerisk assessment Risk identification High Speed 1 Brief history of HS1 The risk management process Risk assessment, analysis and response Summary of the preliminary schedule risk analysis results 1 3 Risk Management in a Multi-Project Environment 13.1 13.2 13.3 13.4 13.5 13.6 Introduction Drivers for the multi-project approach to project delivery A conceptual model of the multi-project environment Risks that are unique to or amplified in multi-project environments The change in mindset required to manage risk in multi-project environments Summary References Further reading 14 Key Issues and Guidance in Practical Risk Management 14.1 14.2 14.3 14.4 14.5 14.6 14.7 Index Decisionmaking Preparation for risk management Risk management process Models Uncertainty Socio-technical approach to risk Summary References 184 184 185 186 189 190 193 198 205 209 209 209 211 213 214 217 217 217 218 218 219 220 224 226 226 228 229 231
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| author | Smith, Nigel J. 1953- Merna, Tony Jobling, Paul |
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| isbn | 9781118347232 |
| language | English |
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| physical | XII, 238 S. graph. Darst. |
| publishDate | 2014 |
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| spelling | Smith, Nigel J. 1953- Verfasser (DE-588)128767189 aut Managing risk in construction projects Nigel J. Smith ; Tony Merna ; Paul Jobling 3. ed. West Sussex [u.a.] Wiley 2014 XII, 238 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Bauvorhaben (DE-588)4120975-8 gnd rswk-swf Risikomanagement (DE-588)4121590-4 gnd rswk-swf Bauvorhaben (DE-588)4120975-8 s Risikomanagement (DE-588)4121590-4 s DE-604 Merna, Tony Verfasser (DE-588)128770481 aut Jobling, Paul Verfasser aut Digitalisierung UB Bamberg - ADAM Catalogue Enrichment application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=027280347&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Smith, Nigel J. 1953- Merna, Tony Jobling, Paul Managing risk in construction projects Bauvorhaben (DE-588)4120975-8 gnd Risikomanagement (DE-588)4121590-4 gnd |
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| title | Managing risk in construction projects |
| title_auth | Managing risk in construction projects |
| title_exact_search | Managing risk in construction projects |
| title_full | Managing risk in construction projects Nigel J. Smith ; Tony Merna ; Paul Jobling |
| title_fullStr | Managing risk in construction projects Nigel J. Smith ; Tony Merna ; Paul Jobling |
| title_full_unstemmed | Managing risk in construction projects Nigel J. Smith ; Tony Merna ; Paul Jobling |
| title_short | Managing risk in construction projects |
| title_sort | managing risk in construction projects |
| topic | Bauvorhaben (DE-588)4120975-8 gnd Risikomanagement (DE-588)4121590-4 gnd |
| topic_facet | Bauvorhaben Risikomanagement |
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