Project cost risk analysis: A Bayesian networks approach for modeling dependencies between cost items

V Khodakarami, A Abdi - International Journal of Project Management, 2014 - Elsevier
Uncertainty of cost items is an important aspect of complex projects. Cost uncertainty
analysis aims to help decision makers to understand and model different factors affecting …

Construction project network evaluation with correlated schedule risk analysis model

Ö Ökmen, A Öztaş - Journal of Construction Engineering and …, 2008 - ascelibrary.org
Schedules are the means of determining project duration accurately, controlling project
progress, and allocating resources efficiently in managing construction projects. It is not …

Probabilistic simulation for developing likelihood distribution of engineering project cost

JS Chou, IT Yang, WK Chong - Automation in construction, 2009 - Elsevier
Inaccurate early project cost estimates can eliminate investment benefits. This study focuses
on assisting estimators who are attempting to enhance the accuracy and reliability of …

Model for evaluating networks under correlated uncertainty—NETCOR

WC Wang, LA Demsetz - Journal of Construction Engineering and …, 2000 - ascelibrary.org
Construction activities are often influenced by factors such as weather, labor, and site
conditions. When several activities are influenced by the same factor, their durations may be …

Investment risk analysis in airport parking facility development

M Javid, PN Seneviratne - Journal of Construction Engineering and …, 2000 - ascelibrary.org
Although parking revenue is a principal source of income, supply of parking infrastructure at
airports is based largely on expected needs. Although that is a rational basis, high …

Financial risk of port infrastructure development

R Kakimoto, PN Seneviratne - … of waterway, port, coastal, and ocean …, 2000 - ascelibrary.org
Continually changing shipping industry practices, cargo composition, world markets, and
competition among ports are making revenue estimates uncertain. This paper demonstrates …

A simulation-based scheduling methodology for construction projects considering the potential impacts of delay risks

JC Paz, D Rozenboim, Á Cuadros… - Construction …, 2018 - search.informit.org
This paper tackles the problem of scheduling construction projects considering the influence
of delay risks. In the actual body of knowledge, several methods have been proposed to …

Impact of correlation and induced correlation on the estimation of project cost of buildings

M Ranasinghe - Construction Management & Economics, 2000 - Taylor & Francis
Treatment of correlation between variables is necessary for deriving any theoretical
distribution of the project cost of buildings. This paper highlights some often ignored …

Contingency allocation and management for building projects

M Ranasinghe - Construction management and economics, 1994 - Taylor & Francis
A theoretical approach is presented for contingency allocation and management in building
projects using the quantification of uncertainty of project cost. The uncertainty of input items …

Investment risk analysis in port infrastructure appraisal

R Kakimoto, PN Seneviratne - Journal of infrastructure systems, 2000 - ascelibrary.org
Return risk is an important consideration for developers and financiers of port infrastructure.
This paper examines the impact of various sources of risk in port infrastructure development …