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Brandao, L E T and Saraiva, E (2008) The option value of government guarantees in infrastructure projects. Construction Management and Economics, 26(11), 80.

Ding, Z and Ng, F (2008) A new way of developing semantic differential scales with personal construct theory. Construction Management and Economics, 26(11), 26.

Doloi, H (2008) Analysing the novated design and construct contract from the client's, design team's and contractor's perspectives. Construction Management and Economics, 26(11), 96.

Forbes, D, Smith, S and Horner, M (2008) Tools for selecting appropriate risk management techniques in the built environment. Construction Management and Economics, 26(11), 50.

  • Type: Journal Article
  • Keywords: risk management; risk techniques; decision support system; case-based reasoning
  • ISBN/ISSN: 0144-6193
  • URL: https://doi.org/10.1080/01446190802468487
  • Abstract:
    The built environment is full of uncertainty which leads to risk. The literature shows that there is a wide range of techniques available to deal with risk; however numerous studies have shown that only a relatively small number are used in practice. One reason for this small number is a lack of knowledge of the circumstances in which they can be used. With the aim of overcoming this lack of knowledge two decision support tools are developed, which assist in selecting appropriate cases. The first tool is a two-dimensional matrix which provides a graphical output but has several limitations; the second is a case-based reasoning (CBR) model. These tools have been built from literature examples of the application of risk techniques. A framework has been developed to assess the examples. It uses a PESTLE (Political, Economic, Social, Technical, Legal and Environmental) analysis to assess the problem characteristics. The associated data used in the problem were defined as fuzzy, incomplete or random. The results of the CBR validation demonstrated a tool that predicts the correct technique in excess of 80% of cases, and allows the matrix to be revised and refined.

Kheni, N A, Dainty, A R J and Gibb, A (2008) Health and safety management in developing countries: a study of construction SMEs in Ghana. Construction Management and Economics, 26(11), 69.

Kofoworola, O F and Gheewala, S (2008) An input-output analysis of Thailand's construction sector. Construction Management and Economics, 26(11), 40.

Nasirzadeh, F, Afshar, A, Khanzadi, M and Howick, S (2008) Integrating system dynamics and fuzzy logic modelling for construction risk management. Construction Management and Economics, 26(11), 212.

Raiden, A B, Dainty, A R J and Neale, R H (2008) Understanding employee resourcing in construction organizations. Construction Management and Economics, 26(11), 43.

Raisbeck, P (2008) Perceptions of architectural design and project risk: understanding the architects' role in a PPP project. Construction Management and Economics, 26(11), 57.