Knowledge-Based Management of Economic Risks in Large Infrastructure Projects

Author(s):  
Sanjaya De Zoysa ◽  
Alan D. Russell
2003 ◽  
Vol 30 (3) ◽  
pp. 511-522 ◽  
Author(s):  
Sanjaya De Zoysa ◽  
Alan D Russell

Effective risk management is a central function in the successful planning and execution of large infrastructure projects. This paper explores how current knowledge-based approaches for risk management can be improved upon so that they are more responsive to the attributes of a project and the needs of system users. A review of existing knowledge-based systems for risk management provides a backdrop for a discussion on desirable characteristics of such an approach. The proposed methodology adopts a model-based technique in that explicit abstractions of project components and processes, and the physical, regulatory, political, social, financial, economic, contractual, and organizational environments in which they are located, are created to assist in the reasoning about possible risks. This contrasts with several current systems that use only implicit representations. The reasoning schema and models of the physical project and environment that are used for the reasoning process are described in the paper.Key words: risk identification, project modeling, knowledge management, infrastructure projects.


2017 ◽  
Vol 38 (3) ◽  
pp. 133-143 ◽  
Author(s):  
Danny Osborne ◽  
Yannick Dufresne ◽  
Gregory Eady ◽  
Jennifer Lees-Marshment ◽  
Cliff van der Linden

Abstract. Research demonstrates that the negative relationship between Openness to Experience and conservatism is heightened among the informed. We extend this literature using national survey data (Study 1; N = 13,203) and data from students (Study 2; N = 311). As predicted, education – a correlate of political sophistication – strengthened the negative relationship between Openness and conservatism (Study 1). Study 2 employed a knowledge-based measure of political sophistication to show that the Openness × Political Sophistication interaction was restricted to the Openness aspect of Openness. These studies demonstrate that knowledge helps people align their ideology with their personality, but that the Openness × Political Sophistication interaction is specific to one aspect of Openness – nuances that are overlooked in the literature.


1994 ◽  
Author(s):  
Gregory Barker ◽  
Keith Millis ◽  
Jonathan M. Golding
Keyword(s):  

2013 ◽  
Author(s):  
Valerio Santangelo ◽  
Simona Arianna Di Francesco ◽  
Serena Mastroberardino ◽  
Emiliano Macaluso

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