Journal of Risk Analysis and Crisis Response

Volume 2, Issue 4, December 2012
Research Article

2. Analysis of Disputes in Transportation Projects

M. Emre Bayraktar, Cagri Cinkilic, Farrukh Arif
Pages: 215 - 222
Disputes in construction projects are fairly common. They most often lead to increased costs, delays, and damaged business relationships. Disputes can also result in loss of reputation, personnel resources, and potential business opportunities. Previous studies have shown that the frequency of disputes...
Research Article

3. A New Approach for Contingency Determination in a Portfolio of Construction Projects

Payam Bakhshi, Ali Touran
Pages: 223 - 232
In this paper, a new approach for contingency determination in a portfolio of construction projects is proposed. The model proposed helps an agency find the level of confidence needed for individual projects to ensure that the portfolio budget will meet the minimum level of confidence based on available...
Research Article

4. A New Risk Management Model

Dean Kashiwagi, Jacob Kashiwagi
Pages: 233 - 251
The identification of the source of project risk has been a troubling issue in construction management. A new risk management model has been developed. Analysis of the risk in the IT industry, construction industry, and also industry structure and supply chain delivery has resulted in the identification...
Research Article

5. Stochastic Look-ahead Scheduling Method for Linear Construction Projects

Lingguang Song, Sang-Hoon Lee, Fitria H. Rachmat
Pages: 252 - 260
Many construction projects involve repetitive operations that are exposed to various constraints and uncertainties.During construction field execution, schedulers must maintain and update look-ahead schedules, which coordinate work for the next several weeks based on the most recent productivity achieved....
Research Article

6. Risk Management Framework for the Construction Industry According to the ISO 31000:2009 Standard

Vitor Sousa, Nuno Marques De Almeida, Luis Alves Dias
Pages: 261 - 274
With stakeholders seeking for reducing the uncertainties in construction projects, the application of risk management has gained increased interest over the past decades, with a particular emphasis on the risk management process. However, very little attention has been given to the framework that supports...
Research Article

7. A Fuzzy Systematic Approach to Construction Risk Analysis

Babak A. Samani, Farzad Shahbodaghlou
Pages: 275 - 284
This article emphasizes the need for a fuzzy systematic structural approach to the risk assessment of construction projects and introduces the processes required to form a hierarchical systematic structure based on fuzzy logic using the Fuzzy Decision Making Trial and Evaluation Laboratory (Fuzzy DEMATEL)...
Research Article

8. Attitudes of Property Owners to Climate Change Considerations and Their Effects on Future Property Values in Coastal Communities

Huili Hao, Patrick Long, Scott Curtis
Pages: 285 - 291
The purpose of this study is to examine property owners’ attitudes regarding the impacts of climate and weather on property ownership and future property values in Currituck County, North Carolina, and determine whether their attitudes vary according to property owner groupings. The study profiles the...