scholarly journals Risk Analysis Related to Cost and Schedule for a Bridge Construction Project

2019 ◽  
Author(s):  
Rafiq M. Choudhry
Keyword(s):  
Risk Analysis ◽  
Construction Project ◽  
Bridge Construction

scholarly journals Risk analysis and strategic planning on bridge construction works at the toll road procurement projects in Central Java Province

2018 ◽  
Vol 49 ◽  
pp. 02020
Author(s):  
Hery Suliantoro ◽  
Nurul Fitriani ◽  
Bagus Hario Setiadji
Keyword(s):  
Avoidance Response ◽  
Construction Projects ◽  
Construction Project ◽  
Weather Forecast ◽  
Development Project ◽  
Response Strategy ◽  
Bridge Construction ◽  
Risk Response ◽  
Toll Road ◽  
The Impact

Risk is a condition caused by uncertainty. Risks will occur on any construction project, including bridge construction projects. Efforts that can be taken to minimize the impact of these risks are to engage in risk management activities. This research was conducted on bridge construction work on toll road procurement project in Pejagan-Pemalang, Pemalang-Batang and Salatiga-Kertasura. The purpose of this research is to analyze the risk of bridge development project in toll road project using Risk Breakdown Structure (RBS) method and then the result as database in discussing risk response strategy. The bridge construction project has 36 risks that are divided into six groups: materials and equipment, design, human resources, finance, management, nature and environmental conditions. Bad weather risks are the higest risk and seasonal risk causing temporary work stoppages. This risk-response strategy is avoidance. Short-term avoidance response strategy is to add shift workers, install tents and add additives in the acceleration of the process of maturation of concrete. The long-term avoidance response strategy is to evaluate and rearrange the work schedule by considering the weather forecast report.

Application of Analytical Hierarchy Process to Risk Analysis of Port Construction Project

2012 ◽  
Vol 170-173 ◽  
pp. 2292-2297
Author(s):  
Jiao Zhang
Keyword(s):  
Risk Factors ◽  
Risk Analysis ◽  
Analytical Hierarchy Process ◽  
Comprehensive Evaluation ◽  
Construction Project ◽  
Fuzzy Comprehensive Evaluation ◽  
Analysis Method ◽  
Total Risk ◽  
Hierarchy Process ◽  
Port Construction

The application of analytical hierarchy process (AHP) to the risk analysis of port construction project was investigated. Firstly, the happening probabilities of various risk factors during port construction were calculated. Secondly, the aftereffects of the risks were concluded by consulting the experts. Thirdly, the weight of each risk factor was obtained by AHP. Finally, the total risk of port construction project could be evaluated by fuzzy comprehensive evaluation. This risk analysis method was applied to evaluate the total risk of a real port construction project, and the exemplification verified its feasibility.

scholarly journals Research for Risk Management of Construction Projects in Taiwan

2021 ◽  
Vol 13 (4) ◽  
pp. 2034
Author(s):  
Chien-Liang Lin ◽  
Bey-Kun Chen
Keyword(s):  
Risk Management ◽  
Risk Analysis ◽  
Structural Equation ◽  
Construction Projects ◽  
Construction Project ◽  
Equation Modeling ◽  
Analysis Model ◽  
Sustainable Operation ◽  
Management Procedure ◽  
Risk Managers

Risks inevitably exist in all stages of a project. In a construction project, which is highly dynamic and complex, risk factors affect the expected achievement rates of the three main performance goals, namely schedule, cost, and quality. A comprehensive risk management procedure requires three crucial steps: risk confirmation, analysis, and treatment. Risk analysis is the core of risk management. Through structural equation modeling, this study developed a risk analysis model that takes a different perspective and considered the occurrence probability of risk events and the extent to which these events affect a project. The contractor dimension was discovered to exert the strongest influence on an overall project, followed by the subcontractor and design dimensions. This paper proposes a novel construction project risk analysis model, which considers the entire project. The proposed model can be used as a reference for risk managers to make decisions about project risks, so as to achieve the ultimate goal of saving resources and the sustainable operation of the construction project.

scholarly journals Development of BIM Functions and System for Construction Project Through Project Life Cycle -Focusing on Bridge Construction Project-

2012 ◽  
Vol 13 (2) ◽  
pp. 11-24 ◽  
Author(s):  
Hyeon-Seung Kim ◽  
Hyoun-Seok Moon ◽  
Gwang-Yeol Choi ◽  
Chang-Hak Kim ◽  
Leen-Seok Kang
Keyword(s):  
Life Cycle ◽  
Construction Project ◽  
Bridge Construction ◽  
Project Life Cycle ◽  
Project Life

scholarly journals Cost effectiveness indicators of residential complex construction project

2019 ◽  
Vol 91 ◽  
pp. 08060
Author(s):  
Pavel Morozovskiy ◽  
Denis Muradov ◽  
Anastasia Udalova ◽  
Natalia Samosudova ◽  
Dmitriy Spitsov
Keyword(s):  
Cost Effectiveness ◽  
Risk Analysis ◽  
Construction Project ◽  
Organization Of Work ◽  
Complex Construction ◽  
Qualitative Risk Analysis ◽  
Different Order

The article presents the variant of optimization of the project of construction of a residential complex. The study includes the decomposition of the complex into specialized types of work, the preparation of matrices of the works’ volumes, the calculation of the duration of construction, the calculation of methods of organization of work in different order, the calculations of the estimated cost of objects. A qualitative risk analysis of the project was carried out.

scholarly journals The Risk Analysis of Andalas University Hospital Construction Project

2018 ◽  
Vol 215 ◽  
pp. 01033
Author(s):  
Zaidir ◽  
Melani Novia Putri ◽  
Alizar Hasan
Keyword(s):  
Risk Analysis ◽  
Risk Mitigation ◽  
Construction Project ◽  
Risk Identification ◽  
University Hospital ◽  
Mitigation Measures ◽  
Ahp Method ◽  
Analytic Hierarchy ◽  
Goods And Services ◽  
Shop Drawing

Construction project activities have various risks during their implementation. Every work item on the project has different levels of risk and can affect the project so that it will have an impact on increasing cost and time of project completion. PT. Adhi Karya Tbk is carrying out the project of Andalas University Hospital, where in its implementation there will be many possibilities of risks that will occur. Therefore, it is necessary to identify and analyze the variables of risks that may occur as well as proposing appropriate risk mitigation measures for minimize the potential risks. Risk identification and risk analysis were done using Risk Breakdown Structure (RBS) and Analytic Hierarchy Process (AHP) method respectively. Based on data compilation, variables of risk are grouped in 4 types, namely risk of engineering consist of 8 variables, risk of production consist of 5 variables, risk of construction consist of 9 variables and risk of financial consist of 2 variable, with total of risk are 24 variables. Risk analysis with AHP method is obtained 5 (five) risk priority based on the highest value on each risk type. The five priority risks were a risks of increasing of material prices (extreme), a risk of increasing of procurement costs (high), workplace accidents risk in the project area (medium), mistaken translating the DED to shop drawing (medium) and a quality of goods and services produced by vendors not meet the specifications in contract (medium). To reduce the possibility and impact the risks posed mitigation measures for the risk priority highest were proposed.

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