Academic journal article Canadian Social Science

Analysis and Evaluation on the Risks of the Construction Project/ANALYSES ET ÉVALUATION SUR LES RIQUES DU PROJET DE CONSTRUCTION

Academic journal article Canadian Social Science

Analysis and Evaluation on the Risks of the Construction Project/ANALYSES ET ÉVALUATION SUR LES RIQUES DU PROJET DE CONSTRUCTION

Article excerpt

Abstract: The thesis, starting from the characteristics of the construction project, deploys the combining method of normative and empirical research. According to integrated Risk Management Paradigm, the thesis sums up the overall framework of the construction project system and proposes the evaluation index system of the risk analysis based on the Analytic Hierarchy Process. In addition, the paper puts forward a comprehensive risk evaluation model and makes clear the relative importance of various risk factors. By so doing, it provides some thoughts for the construction projects' management and evaluation.

Key words: Construction Project; Risk Management; Risk Evaluation; Analytic Hierarchy Process

Résumé: A partir des caractéristiques du projet de construction, cette thèse utilise la méthode de combinaison de recherches normatives et de recherches empiriques. Selon le Paradigme de management de risques, cette thèse résume le cadre global du système de projet de construction et propose le système d'indexation de l'évaluation des analyses des riques, basé sur le Processus hiérarchique analytique. En plus, cet artcile met en avant un modèle d'évaluation de risques globaux et clarifie l'importance relative des différents facteurs de risque. En agissant de la sorte, il fournit quelques idées concernant la gestion et l'évaluation des projet de construction.

Mots-Clés: Projet de construction; Gestion des risques; évaluation des risques; Processus hiérarchique analytique

(ProQuest: ... denotes formulae omitted.)

1. RESEARCH AT HOME AND ABROAD

Project risk management is an indispensable part of project management. As the new Economies and Management Science which has just emerged during the past 20 years, project risk management is based on economics, management science, behavioral science, operations research, probability and statistics, computer science, system theory, control theory, information theory and other disciplines, as well as modern engineering technologies. It also takes into account the particular conditions of modern construction projects and high-tech development projects, thus becoming a new fringe science of Economics and Management Science.

In terms of the published books and papers, the British scholar J * R * Turner devoted a chapter in his book The Handbook of Project-based Management to the project risk management. The most representative journal is Butterworth-Heinemann Ltd' s International Journal of Project Management from the United Kingdom. And it often publishes project risk management articles. Other magazines that often run articles on project risks are: Britain's Project Appraisal, America's Journal of Risk and Uncertainty, Risk Analysis, The Engineering Economist and so on, and also other related magazines such as Insurance: Mathematics and Economics, Decision Sciences, Management Science, Econometrics, etc. The articles mainly focus on the technical development and improvement of the theoretical system, while some are application reports and feedbacks. In terms of software development and application, the software that has been developed are "Analytical Power Tools" developed by Palisade Corporation in the United States, the United Kingdom's "Risk-Net" software, Norway's "Dyn-Risk" software, and Finland's " Riskman "software. In Western industrialized countries, the project risk management is relevant in many fields, ranging from national defense, aerospace and construction to medicine, chemical industry, mining, oil and other areas. In today's world, large-scale projects, without exception, apply project risk management. According to available statistics, the United States Washington metro, subway projects in London, Hong Kong and Singapore all have adopted the risk management techniques to ensure the success of the project.

Research on risk management in China starts from decision-making concerning project risks. And we have a late start. …

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