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Biblioteca

MARC Lista (tabellare)
Managing Risk in Construction Projects
Managing Risk in Construction Projects
Autore Smith Nigel J
Edizione [3rd ed.]
Pubbl/distr/stampa Hoboken : , : John Wiley & Sons, Incorporated, , 2014
Descrizione fisica 1 online resource (254 pages)
Disciplina 690/.22
Altri autori (Persone) MernaTony
JoblingPaul
Soggetto topico Building -- Superintendence
Building -- Safety measures
Construction industry -- Management
Risk assessment
Soggetto genere / forma Electronic books.
ISBN 9781118347218
9781118347232
Formato Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione eng
Nota di contenuto Cover -- Title Page -- Copyright -- Contents -- Preface -- Authors' Biographies -- Acknowledgements -- Chapter 1 Projects and Risk -- 1.1 Construction projects -- 1.2 Decision making -- 1.3 Risk management strategy -- 1.4 Project planning -- 1.5 Summary -- Chapter 2 The Project Environment -- 2.1 Projects -- 2.2 The project constitution -- 2.3 Project organisation -- Single discipline projects -- Multidiscipline projects -- 2.4 Project phases -- 2.5 Effect of project phase on risk -- 2.6 Project appraisal -- 2.7 Summary -- Chapter 3 Understanding the Human Aspects -- 3.1 Risk management-context -- 3.2 Risk management-organisations -- 3.3 The risk management process -- 3.4 Some guidelines to the risk management process -- 3.5 The risk workshop -- Preparation -- Warm up exercise 1 -- Warm up exercise 2 -- Risk identification -- Quantification -- 3.6 Communication -- 3.7 Summary -- Reference -- Chapter 4 Qualitative Methods and Soft Systems Methodology -- 4.1 Qualitative risk assessment -- 4.2 Review of project programmes and budgets -- 4.3 The risk log -- 4.4 Using a risk log to formulate risk management strategy -- 4.5 Qualitative methods -- 4.6 Soft systems methodology -- 4.7 Case study: SSM in use in the procurement of construction projects -- Technical and environmental -- Commercial and operational -- Root definitions -- Root definition 1: procurement of microtunnelling projects -- Root definition 2: payment of contractors -- Root definition 3: management of construction risk -- Root definition 4: operation of construction plant -- Proposed risk allocation strategy -- 4.8 Summary -- Chapter 5 Risk and Value Management -- 5.1 Introduction -- 5.2 Approaches to the management of risk -- Informal approach to the management of risk -- Formal approach to the management of risk -- Qualitative risk assessment -- Quantitative risk assessment.
5.3 The standard risk management model -- 5.4 Applying risk and value management -- 5.5 Value management processes -- Value identification -- Value planning -- 5.6 Understanding the project risk -- Risk identification -- Risk analysis -- Sensitivity analysis -- Scenario analysis -- Probability analysis -- Probability sensitivity analysis -- Probability impact -- Priority -- Risk evaluation -- Economic parameters -- Iso-risk curves -- 5.7 Applying value and risk management -- Identification of options -- Analysis of options -- Evaluation of the options: the VFM assessment -- 5.8 Iteration of the process -- 5.9 Summary -- References -- Chapter 6 Quantitative Methods for Risk Analysis -- 6.1 Sanction -- 6.2 Project appraisal and selection -- Programme -- Risk and uncertainty -- 6.3 Project evaluation -- Cost-benefit analysis -- 6.4 Engineering risks -- 6.5 Risk management -- Risk reduction -- Contingencies -- The role of people -- 6.6 Probabilistic analysis -- Monte Carlo technique -- 6.7 Response to risks -- 6.8 Successful risk management -- 6.9 Principles of contingency fund estimation -- Appendix 6.A: Alternative methods of risk analysis -- Portfolio theory -- Delphi method -- Influence diagrams -- Decision trees -- Latin HyperCube sampling -- Chapter 7 The Contribution of Information Technology to Risk Modelling and Simulation -- 7.1 Purpose of RMS -- 7.2 When to use RMS -- 7.3 Requirements of the analyst -- 7.4 Modelling and simulation -- 7.5 Modelling using RMS -- 7.6 Data management -- 7.7 Analytical mechanisms -- 7.8 Classification of RMS -- 7.9 Selection of RMS -- 7.10 Modelling a project for risk management -- Advantages -- Limitations -- 7.11 Data requirements for realistic modelling -- Inflation rate -- Interest rate -- Discount rate -- Exchange rate -- 7.12 Choice of variable distribution -- 7.13 Case study -- Modelling -- Risk variables.
7.14 Case study simulations -- Discount rate -- Inflation rate -- Finance charge -- Sensitivity analysis -- Probability analysis -- Sanction risks -- Commissioning risks -- 7.15 Analysis of the result -- Discount rate -- Inflation rate -- Finance charge -- Sensitivity analyses -- Sanction risks -- Commissioning risks -- Probability analyses -- Sanction risks -- Commissioning risks -- 7.16 Discussion of findings -- 7.17 Summary -- Chapter 8 Risk Allocation in the Contracting and Procurement Cycle -- 8.1 Typical contracting and procurement processes -- 8.2 Value planning case study -- 8.3 Known and unknown risks in contracts -- 8.4 Risk allocation strategies -- Conventional approach -- Cost-based reimbursable approach -- Management contracting approach -- Fast-track approach -- Turnkey / package deal approach -- Framework agreements -- Partnering -- Alliances -- 8.5 Risk allocation according to payment mechanism -- Lump sum or fixed price -- Admeasure -- Cost reimbursable and target cost -- 8.6 Contract award -- 8.7 Summary -- Reference -- Chapter 9 Managing Financial Risks in Major Construction and PFI / PPP Projects -- 9.1 Project financing -- 9.2 Types of finance -- 9.3 Appraisal and validity of financing projects -- 9.4 Typical financial risks -- 9.5 Promoter -- Promoter-lender: debt financing contract -- Promoter-investor: equity financing contract -- 9.6 Financial risk in concession contracts -- 9.7 Global and elemental risks in concession contracts -- Global risks and elemental risks -- 9.8 Summary -- Chapter 10 Risks in International Construction Project Joint Ventures -- 10.1 Background -- 10.2 Concept of joint venture -- 10.3 Motives for joint venture formation -- 10.4 Assessing joint venture success -- Critical success factor influencing joint ventures -- Evaluating joint venture success -- 10.5 Case study -- Country risk assessment.
Contract with client -- Party risks -- JV risk assessment -- Due diligence -- 10.6 Summary -- Acknowledgement -- References -- Chapter 11 Risk Management at Corporate, Strategic Business Unit and Project Levels -- 11.1 Risk in organisations -- 11.2 Risk management -- 11.3 The risk management process -- 11.4 Benefits of risk management -- 11.5 Recognising risks -- 11.6 Why risk management is used -- 11.7 Risk management actions at different levels -- 11.8 Summary -- References -- Chapter 12 Case Studies -- 12.1 Introduction -- 12.2 Heavy lift vessel design and fabrication programme risk assessment -- Introduction -- Main objective -- Project key data -- Project duration -- Limitations -- 12.3 Risk identification -- Risk analysis -- The schedule -- Conclusion -- 12.4 High Speed 1 -- 12.5 Brief history of HS1 -- Programme and constraints -- 12.6 The risk management process -- Risk identification -- Project-wide risks -- Advanced and enabling works -- St Pancras terminus -- Tunnels -- Route sections (excluding tunnels) -- Intermediate stations -- Mechanical and electrical equipment, including signaling -- 12.7 Risk assessment, analysis and response -- The procurement strategy -- Risk modelling -- Programme risk models -- The cost model -- 12.8 Summary of the preliminary schedule risk analysis results -- The final cost model -- Chapter 13 Risk Management in a Multi-Project Environment -- 13.1 Introduction -- 13.2 Drivers for the multi-project approach to project delivery -- 13.3 A conceptual model of the multi-project environment -- 13.4 Risks that are unique to or amplified in multi-project environments -- 13.5 The change in mindset required to manage risk in multi-project environments -- 13.6 Summary -- References -- Further reading -- Chapter 14 Key Issues and Guidance in Practical Risk Management -- 14.1 Decision making.
14.2 Preparation for risk management -- 14.3 Risk management process -- Identification -- Risk analysis -- Risk outputs -- 14.4 Models -- 14.5 Uncertainty -- 14.6 Socio-technical approach to risk -- 14.7 Summary -- References -- Index.
Record Nr. UNINA-9910795826803321
Smith Nigel J  
Hoboken : , : John Wiley & Sons, Incorporated, , 2014
Materiale a stampa
Lo trovi qui: Univ. Federico II
Opac: Controlla la disponibilità qui
Managing Risk in Construction Projects
Managing Risk in Construction Projects
Autore Smith Nigel J
Edizione [3rd ed.]
Pubbl/distr/stampa Hoboken : , : John Wiley & Sons, Incorporated, , 2014
Descrizione fisica 1 online resource (254 pages)
Disciplina 690/.22
Altri autori (Persone) MernaTony
JoblingPaul
Soggetto topico Building -- Superintendence
Building -- Safety measures
Construction industry -- Management
Risk assessment
ISBN 9781118347218
9781118347232
Formato Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione eng
Nota di contenuto Cover -- Title Page -- Copyright -- Contents -- Preface -- Authors' Biographies -- Acknowledgements -- Chapter 1 Projects and Risk -- 1.1 Construction projects -- 1.2 Decision making -- 1.3 Risk management strategy -- 1.4 Project planning -- 1.5 Summary -- Chapter 2 The Project Environment -- 2.1 Projects -- 2.2 The project constitution -- 2.3 Project organisation -- Single discipline projects -- Multidiscipline projects -- 2.4 Project phases -- 2.5 Effect of project phase on risk -- 2.6 Project appraisal -- 2.7 Summary -- Chapter 3 Understanding the Human Aspects -- 3.1 Risk management-context -- 3.2 Risk management-organisations -- 3.3 The risk management process -- 3.4 Some guidelines to the risk management process -- 3.5 The risk workshop -- Preparation -- Warm up exercise 1 -- Warm up exercise 2 -- Risk identification -- Quantification -- 3.6 Communication -- 3.7 Summary -- Reference -- Chapter 4 Qualitative Methods and Soft Systems Methodology -- 4.1 Qualitative risk assessment -- 4.2 Review of project programmes and budgets -- 4.3 The risk log -- 4.4 Using a risk log to formulate risk management strategy -- 4.5 Qualitative methods -- 4.6 Soft systems methodology -- 4.7 Case study: SSM in use in the procurement of construction projects -- Technical and environmental -- Commercial and operational -- Root definitions -- Root definition 1: procurement of microtunnelling projects -- Root definition 2: payment of contractors -- Root definition 3: management of construction risk -- Root definition 4: operation of construction plant -- Proposed risk allocation strategy -- 4.8 Summary -- Chapter 5 Risk and Value Management -- 5.1 Introduction -- 5.2 Approaches to the management of risk -- Informal approach to the management of risk -- Formal approach to the management of risk -- Qualitative risk assessment -- Quantitative risk assessment.
5.3 The standard risk management model -- 5.4 Applying risk and value management -- 5.5 Value management processes -- Value identification -- Value planning -- 5.6 Understanding the project risk -- Risk identification -- Risk analysis -- Sensitivity analysis -- Scenario analysis -- Probability analysis -- Probability sensitivity analysis -- Probability impact -- Priority -- Risk evaluation -- Economic parameters -- Iso-risk curves -- 5.7 Applying value and risk management -- Identification of options -- Analysis of options -- Evaluation of the options: the VFM assessment -- 5.8 Iteration of the process -- 5.9 Summary -- References -- Chapter 6 Quantitative Methods for Risk Analysis -- 6.1 Sanction -- 6.2 Project appraisal and selection -- Programme -- Risk and uncertainty -- 6.3 Project evaluation -- Cost-benefit analysis -- 6.4 Engineering risks -- 6.5 Risk management -- Risk reduction -- Contingencies -- The role of people -- 6.6 Probabilistic analysis -- Monte Carlo technique -- 6.7 Response to risks -- 6.8 Successful risk management -- 6.9 Principles of contingency fund estimation -- Appendix 6.A: Alternative methods of risk analysis -- Portfolio theory -- Delphi method -- Influence diagrams -- Decision trees -- Latin HyperCube sampling -- Chapter 7 The Contribution of Information Technology to Risk Modelling and Simulation -- 7.1 Purpose of RMS -- 7.2 When to use RMS -- 7.3 Requirements of the analyst -- 7.4 Modelling and simulation -- 7.5 Modelling using RMS -- 7.6 Data management -- 7.7 Analytical mechanisms -- 7.8 Classification of RMS -- 7.9 Selection of RMS -- 7.10 Modelling a project for risk management -- Advantages -- Limitations -- 7.11 Data requirements for realistic modelling -- Inflation rate -- Interest rate -- Discount rate -- Exchange rate -- 7.12 Choice of variable distribution -- 7.13 Case study -- Modelling -- Risk variables.
7.14 Case study simulations -- Discount rate -- Inflation rate -- Finance charge -- Sensitivity analysis -- Probability analysis -- Sanction risks -- Commissioning risks -- 7.15 Analysis of the result -- Discount rate -- Inflation rate -- Finance charge -- Sensitivity analyses -- Sanction risks -- Commissioning risks -- Probability analyses -- Sanction risks -- Commissioning risks -- 7.16 Discussion of findings -- 7.17 Summary -- Chapter 8 Risk Allocation in the Contracting and Procurement Cycle -- 8.1 Typical contracting and procurement processes -- 8.2 Value planning case study -- 8.3 Known and unknown risks in contracts -- 8.4 Risk allocation strategies -- Conventional approach -- Cost-based reimbursable approach -- Management contracting approach -- Fast-track approach -- Turnkey / package deal approach -- Framework agreements -- Partnering -- Alliances -- 8.5 Risk allocation according to payment mechanism -- Lump sum or fixed price -- Admeasure -- Cost reimbursable and target cost -- 8.6 Contract award -- 8.7 Summary -- Reference -- Chapter 9 Managing Financial Risks in Major Construction and PFI / PPP Projects -- 9.1 Project financing -- 9.2 Types of finance -- 9.3 Appraisal and validity of financing projects -- 9.4 Typical financial risks -- 9.5 Promoter -- Promoter-lender: debt financing contract -- Promoter-investor: equity financing contract -- 9.6 Financial risk in concession contracts -- 9.7 Global and elemental risks in concession contracts -- Global risks and elemental risks -- 9.8 Summary -- Chapter 10 Risks in International Construction Project Joint Ventures -- 10.1 Background -- 10.2 Concept of joint venture -- 10.3 Motives for joint venture formation -- 10.4 Assessing joint venture success -- Critical success factor influencing joint ventures -- Evaluating joint venture success -- 10.5 Case study -- Country risk assessment.
Contract with client -- Party risks -- JV risk assessment -- Due diligence -- 10.6 Summary -- Acknowledgement -- References -- Chapter 11 Risk Management at Corporate, Strategic Business Unit and Project Levels -- 11.1 Risk in organisations -- 11.2 Risk management -- 11.3 The risk management process -- 11.4 Benefits of risk management -- 11.5 Recognising risks -- 11.6 Why risk management is used -- 11.7 Risk management actions at different levels -- 11.8 Summary -- References -- Chapter 12 Case Studies -- 12.1 Introduction -- 12.2 Heavy lift vessel design and fabrication programme risk assessment -- Introduction -- Main objective -- Project key data -- Project duration -- Limitations -- 12.3 Risk identification -- Risk analysis -- The schedule -- Conclusion -- 12.4 High Speed 1 -- 12.5 Brief history of HS1 -- Programme and constraints -- 12.6 The risk management process -- Risk identification -- Project-wide risks -- Advanced and enabling works -- St Pancras terminus -- Tunnels -- Route sections (excluding tunnels) -- Intermediate stations -- Mechanical and electrical equipment, including signaling -- 12.7 Risk assessment, analysis and response -- The procurement strategy -- Risk modelling -- Programme risk models -- The cost model -- 12.8 Summary of the preliminary schedule risk analysis results -- The final cost model -- Chapter 13 Risk Management in a Multi-Project Environment -- 13.1 Introduction -- 13.2 Drivers for the multi-project approach to project delivery -- 13.3 A conceptual model of the multi-project environment -- 13.4 Risks that are unique to or amplified in multi-project environments -- 13.5 The change in mindset required to manage risk in multi-project environments -- 13.6 Summary -- References -- Further reading -- Chapter 14 Key Issues and Guidance in Practical Risk Management -- 14.1 Decision making.
14.2 Preparation for risk management -- 14.3 Risk management process -- Identification -- Risk analysis -- Risk outputs -- 14.4 Models -- 14.5 Uncertainty -- 14.6 Socio-technical approach to risk -- 14.7 Summary -- References -- Index.
Record Nr. UNINA-9910823093303321
Smith Nigel J  
Hoboken : , : John Wiley & Sons, Incorporated, , 2014
Materiale a stampa
Lo trovi qui: Univ. Federico II
Opac: Controlla la disponibilità qui