scholarly journals Mapping BIM Uses for Risk Mitigation in International Construction Projects

2020 ◽  
Vol 2020 ◽  
pp. 1-13 ◽  
Author(s):  
Tsenguun Ganbat ◽  
Heap-Yih Chong ◽  
Pin-Chao Liao
Keyword(s):  
Information Integration ◽  
Construction Projects ◽  
Risk Mitigation ◽  
Communication Management ◽  
Integration Model ◽  
Building Information Model ◽  
International Construction ◽  
Legal Provisions ◽  
Building Information ◽  
Project Objectives

International construction projects (ICPs) have become more popular in the current wave of globalization. The Building Information Model (BIM) has been adopted in ICPs. However, the utility of the BIM in ICPs for effective risk control remains unclear. This paper maps the relationship between ICP risks and BIM use to improve the adoption and selection of the BIM. The results show that the BIM can effectively facilitate communication management, mitigating risks engendered by language barriers among stakeholders, for instance, design errors. The BIM can also effectively mitigate risks caused by particular and temporal differences during the construction process. This research highlights internal/technical ICP risks that can be effectively mitigated by certain applications of the BIM; however, in contrast, external risks of ICPs cannot be mitigated by the BIM. However, some risks need to be addressed by new BIM functions. For example, regarding legal risks, laws and regulations of various countries can be included in the BIM information integration model to facilitate timely acquisition of legal provisions by project participants. This study complements prior risk-management research, which typically focused on the BIM as an advanced tool by which to manage project risk, such as design errors, quality, and budget. Practically, the contractor and owner can select suitable BIM applications for different project objectives and risks in the pre-project phase.

BIM-Risk System for Chinese International Contractors

2015 ◽  
Vol 719-720 ◽  
pp. 181-186
Author(s):  
Ya Ting Li
Keyword(s):  
Risk Management ◽  
Project Management ◽  
Construction Industry ◽  
Cost Management ◽  
External Environment ◽  
Project Risk ◽  
Building Information Model ◽  
International Construction ◽  
Potential Problems ◽  
Building Information

As the external environment of the international construction project has become increasingly complex, risk management is emphasized in the project management. BIM(Building Information Model) has bring change to the Construction Industry in China. It has contributed to the schedule and cost management. However, BIM is not widely used to solve the problem of risk management. This thesis cites the possibility about BIM application to risk management and evaluates the progress it may bring to the process of risk management. Furthermore, a BIM-Risk System is proposed for Chinese international contractors to solve some major risks the international contractors may face. By using this system, the level of the project risk management will significantly improve. Then the barriers and the potential problems of applying BIM to risk management in China are analyzed. The BIM application to risk management has great value to be further researched.

scholarly journals OpenBIM: An Enabling Solution for Information Interoperability

2019 ◽  
Vol 9 (24) ◽  
pp. 5358 ◽  
Author(s):  
Shaohua Jiang ◽  
Liping Jiang ◽  
Yunwei Han ◽  
Zheng Wu ◽  
Na Wang
Keyword(s):  
Information Integration ◽  
Information Exchange ◽  
Construction Projects ◽  
Theory And Practice ◽  
Systematic Analysis ◽  
Information Interaction ◽  
Building Information ◽  
Comprehensive Survey ◽  
Engineering Information ◽  
Software Platforms

The expansion of scale and the increase of complexity of construction projects puts higher requirements on the level of collaboration among different stakeholders. How to realize better information interoperability among multiple disciplines and different software platforms becomes a key problem in the collaborative process. openBIM (building information model), as a common approach of information exchange, can meet the needs of information interaction among different software well and improve the efficiency and accuracy of collaboration. To the best of our knowledge, there is currently no comprehensive survey of openBIM approach in the context of the AEC (Architecture, Engineering & Construction) industry, this paper fills the gap and presents a literature review of openBIM. In this paper, the openBIM related standards, software platforms, and tools enabling information interoperability are introduced and analyzed comprehensively based on related websites and literature. Furthermore, engineering information interoperability research supported by openBIM is analyzed from the perspectives of information representation, information query, information exchange, information extension, and information integration. Finally, research gaps and future directions are presented based on the analysis of existing research. The systematic analysis of the theory and practice of openBIM in this paper can provide support for its further research and application.

Risk mitigation modelling of international construction projects executed by Indian firms: a structural equation modelling approach

2020 ◽  
Vol 27 (9) ◽  
pp. 2687-2713
Author(s):  
Satish Kumar Viswanathan ◽  
Kumar Neeraj Jha
Keyword(s):  
Risk Factors ◽  
Structural Equation ◽  
Construction Projects ◽  
Risk Mitigation ◽  
Mitigation Measures ◽  
Content Type ◽  
Construction Firms ◽  
International Construction ◽  
Equation Modelling ◽  
International Projects

PurposeA number of previous studies have investigated international construction project risks and have proposed risk mitigation measures without examining their interdependence. The purpose of the current study is to identify the influence of various risk mitigation measures on macro-level risk factors in the international marketplace.Design/methodology/approachThe authors initially identified 26 risk variables and nine risk mitigation measures through a literature review, which were then verified for their pertinence to international projects by three experts. Subsequently, 105 questionnaire survey responses were collected and analysed using factor analysis and structural equation modelling to test the interrelations between the risk variables and mitigation measures.FindingsThe findings suggest that joint ventures with local partners is emerged as the most critical risk mitigation measure that influences the international projects, which are exposed to political, project and firm-specific risk factors. Further, it is worth noting that among the recognised risk mitigation measures in international projects, offering more local employment is the least critical mitigation measure in the international projects.Research limitations/implicationsThe findings of this study are based on the macro-risk factors encountered by Indian construction firms in international projects, mostly from specific Asian and African regions. Thus, the opinions of construction firms from the developed countries might be different.Originality/valueThe main contribution of this study to existing knowledge is empirical evidence of the interrelationships between risk mitigation measures and risk factors that are portrayed as latent variables of different manifest risk variables. The generated model can assist construction firms in emphasising several risk mitigation methods, in order to reduce risk and enhance performance in international construction projects.

A stakeholder-based risk assessment and intervention framework for international construction projects

2019 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Tao Wang ◽  
Shangde Gao ◽  
Pinchao Liao ◽  
Tsenguun Ganbat ◽  
Junhua Chen
Keyword(s):  
Risk Factors ◽  
Risk Assessment ◽  
Risk Management ◽  
Construction Projects ◽  
Management Practices ◽  
Intervention Strategies ◽  
The Body ◽  
Content Type ◽  
International Construction ◽  
Project Objectives

Purpose The purpose of this paper is to construct a two-stage risk management framework for international construction projects based on the meta-network analysis (MNA) approach. A plethora of international construction studies seems to assume risks as independent and therefore, risk intervention strategies are usually critiqued as ineffective. Design/methodology/approach In the risk assessment stage, a multi-tiered risk network structure was developed with the project objectives, risk events, risk factors and stakeholders, and critical risk factors were selected based on a series of calculations. In the risk intervention stage, targeted risk intervention strategies were proposed for stakeholders based on the results of the first stage. A highway construction project in Eastern Europe was selected as a case study. Findings The results showed that 17 risk factors in three categories – external, stakeholder-related and internal – are critical, and the project manager, construction management department, supplier and contract department are the most critical stakeholders that affect the entire project performance. Based on the critical risk factors and project stakeholders, targeted risk intervention strategies were proposed. The risk assessment results of MNA were found to be more reliable and consistent with the project conditions than the risk matrix method; the risk intervention strategies of MNA can effectively address project objectives. Originality/value This study modeled risk priorities based on risk associations and put forward a new method for risk management, supplementing the body of knowledge of international construction. The results of this study are of critical importance in management practices.

The Application of BIM Model in M/E/P Construction Coordination

2012 ◽  
Vol 229-231 ◽  
pp. 2760-2764 ◽  
Author(s):  
Yi Jao Chen ◽  
Chung Wei Feng ◽  
Kung Wen Lee
Keyword(s):  
Information Integration ◽  
Construction Projects ◽  
Living Environment ◽  
Information Modeling ◽  
Modeling Technology ◽  
Project Life Cycle ◽  
Integration Mechanism ◽  
Building Information ◽  
Project Life ◽  
Building Project

The M/E/P (Mechanical, Electrical, and Plumbing) system of the building project has become more and more complex as the demand of the better living environment within the modern buildings increases. However, since the complexity and uniqueness involved within MEP trades, various fields of designers or contractors can hardly share their information with each other. This study employs BIM (Building Information Modeling) technology to assist the stakeholders of the construction projects to share and exchange information according to their needs. First, the process of different MEP disciplines will be systematically analyzed. Then the possible conflicts between trades will be identified. According to the study, necessary and important attributes required for the MEP BIM objects will be developed. Those developed BIM objects will later serve as the core of the communication platform, on which the project participants can easily access and share information. In addition, a better information integration mechanism for MEP systems will be developed throughout different phases of the project life cycle.

Research into the Building Information Model during the Whole Building Life-Cycle

2011 ◽  
Vol 368-373 ◽  
pp. 3797-3800
Author(s):  
Xu Dong Zeng ◽  
Wei Qiang Zhou
Keyword(s):  
Life Cycle ◽  
Information Integration ◽  
Architectural Design ◽  
Complete Information ◽  
Life Cycle Management ◽  
Information Model ◽  
Building Information Model ◽  
Building Information ◽  
Building Life Cycle ◽  
Project Life

Construction project life-cycle management should be based on the visualization of a virtual building, through the establishment of a Building Information Model in the phase of architectural design as a life-cycle information carrier to realize complete information integration. This enables all phases and territories of the whole building life-cycle to achieve in-time information-sharing so as to overcome traditional territory management pattern. This also improves the running mode and information management during the phases of design, costing, construction and operation.

Identification of critical risks in international engineering procurement construction projects of Chinese contractors from the network perspective

2020 ◽  
Vol 47 (12) ◽  
pp. 1359-1371
Author(s):  
Tsenguun Ganbat ◽  
Heap-yih Chong ◽  
Pin-Chao Liao ◽  
Jeremy Leroy
Keyword(s):  
Risk Management ◽  
Construction Projects ◽  
Risk Mitigation ◽  
Mitigation Strategies ◽  
Risk Transfer ◽  
International Construction ◽  
Managerial Strategies ◽  
Risk Mitigation Strategies ◽  
Network Metrics ◽  
Theoretical Risk

International engineering procurement construction (IEPC) is a complex subject interconnected with risk transfer. In-depth understanding of risks in IEPC projects is essential for effective risk management and managerial strategies. Most related studies focus on the critical risks based on the perceptions of stakeholders or their direct “contribution” to the project loss. This study aims to investigate risk interconnection in IEPC projects through social network analysis, with a focus on the critical risks, risk interactions, and risk mitigation strategies. Three approaches were employed. First, the risk register and interconnection between IEPC projects were identified through a literature review. Second, the risk register and interrelationships were investigated using a questionnaire to formulate theoretical risk-interdependent networks. Third, practical IEPC projects were analyzed using network metrics to identify mitigation strategies for the associated critical risks. From the obtained results, we concluded that controlling security and contract risks in project management can reduce the occurrence or impact of other risks. Moreover, environmental issues related to contractors are also critical in international construction projects. Investigating relationships between risks has uncovered different risk-propagation mechanics within IEPC projects, thus extending the theoretical knowledge for international construction and risk management.

scholarly journals What Enables a High-Risk Project to Yield High Return from a Construction Contractor’s Perspective?

2019 ◽  
Vol 11 (21) ◽  
pp. 5971
Author(s):  
Jin Woo Won ◽  
Wooyong Jung ◽  
Seung Heon Han ◽  
Sungmin Yun ◽  
Bonsang Koo
Keyword(s):  
Risk Management ◽  
High Risk ◽  
Construction Projects ◽  
Risk Mitigation ◽  
General Rule ◽  
Low Risk ◽  
Management Performance ◽  
International Construction ◽  
High Return ◽  
High Risk Project

“High risk high return” is a general rule in the overall industry; however, high-risk projects in the construction industry frequently fail to yield a high return. In order to achieve a sustainable business in the international construction market, contractors require an average to high return yield under high-risk conditions. This study aims to reveal what risk factors and risk management performance enables high-risk projects to yield high returns. The study investigated 124 international construction projects by Korean contractors and classified them into four groups: high-risk high-return (HH), high-risk low-return (HL), low-risk high-return (LH), and low-risk low-return (LL). The study found that risk assessment accuracy was the most important trigger in discriminating between high return projects (HH, LH) and low return projects (HL, LL), whereas risk mitigation performance showed little difference between high return and low return projects. In addition, the contingency amount did not significantly affect project return in HL, LH, and LL projects, but HH projects showed a positive relation between contingency and predicted risk amount. This article contributes to recognizing the differences between high return and low return projects and provides insights for practitioners into the relation between risk management performance and high returns in different risk conditions.

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