An Integrated Construction Risk Management Model Based on Project Life Cycle

Qiu, Y; Wang, CC

An Integrated Construction Risk Management Model Based on Project Life Cycle

Qiu, Y Wang, CC

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Publisher:: Construction Research Institute of Malaysia (CREAM), Makmal Kerja Raya Malaysia
Publication Type:: Conference Proceeding
Citation:: Proceedings of 2nd Construction Industry Research Achievement International Conference, 2009, pp. 1 - 6
Issue Date:: 2009-01

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Field	Value	Language
dc.contributor.author	Qiu, Y	en_US
dc.contributor.author	Wang, CC	en_US
dc.date	2009-11-03	en_US
dc.date.issued	2009-01	en_US
dc.identifier.citation	Proceedings of 2nd Construction Industry Research Achievement International Conference, 2009, pp. 1 - 6	en_US
dc.identifier.isbn	978 983 44938 0 6	en_US
dc.identifier.uri	http://hdl.handle.net/10453/11249
dc.description.abstract	Risk management of construction projects is a complex problem. and each project has its key features, which means that project risk management strategies should be established according to each project's characteristics. For some construction projects, the risk migration effects arc significant. Project risks develop based on "chain effects" - risk factors in one construction stage may affect other stages, and risk events happen later can amplify the effects of previous risk events. III this case, integrating risk factors of different project stages and managing risks based on project life cycle is an appropriate way to establish risk management model. This paper proposes an integrated risk management model based on project life cycle, and uses the World Expo-axis project in Shanghai as a case study to validate the model.	en_US
dc.publisher	Construction Research Institute of Malaysia (CREAM), Makmal Kerja Raya Malaysia	en_US
dc.relation.ispartof	Proceedings of 2nd Construction Industry Research Achievement International Conference	en_US
dc.relation.ispartof	Construction Industry Research Achievement International Conference	en_US
dc.title	An Integrated Construction Risk Management Model Based on Project Life Cycle	en_US
dc.type	Conference Proceeding
utslib.location	Malaysia	en_US
utslib.location.activity	Kuala Lumpur	en_US
utslib.for	120201 Building Construction Management and Project Planning	en_US
dc.location.activity	Kuala Lumpur	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Design, Architecture and Building
pubs.organisational-group	/University of Technology Sydney/Faculty of Design, Architecture and Building/School of Built Environment
utslib.copyright.status	closed_access
pubs.consider-herdc	true	en_US
pubs.place-of-publication	Malaysia	en_US
pubs.start-date	2009-11-03	en_US

Abstract:

Risk management of construction projects is a complex problem. and each project has its key features, which means that project risk management strategies should be established according to each project's characteristics. For some construction projects, the risk migration effects arc significant. Project risks develop based on "chain effects" - risk factors in one construction stage may affect other stages, and risk events happen later can amplify the effects of previous risk events. III this case, integrating risk factors of different project stages and managing risks based on project life cycle is an appropriate way to establish risk management model. This paper proposes an integrated risk management model based on project life cycle, and uses the World Expo-axis project in Shanghai as a case study to validate the model.

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http://hdl.handle.net/10453/11249