The Evaluation of the Contractor’s Risk in Implementing the Investment Projects in Construction by Using the Verbal Analysis Methods

Galina Shevchenko, Leonas Ustinovichius and Dariusz Walasek
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Galina Shevchenko: Department of Finance Engineering, Faculty of Business Management, Vilnius Gediminas Technical University, Sauletekio ave.11, LT-10223 Vilnius, Lithuania
Leonas Ustinovichius: Department of Construction Management and Real Estate, Faculty of Civil Engineering, Vilnius Gediminas Technical University, Sauletekio ave.11, LT-10223 Vilnius, Lithuania
Dariusz Walasek: Institute of Building Engineering, Faculty of Civil Engineering, Warsaw Technical University, Armii Ludowej 16, 00-637 Warsaw, Poland

Sustainability, 2019, vol. 11, issue 9, 1-18

Abstract: The growth of the company’s investment potential is closely associated with the evaluation of the attendant risks of the process, various influencing factors, and the expected results. Therefore, the analysis of a number of qualitative and quantitative criteria of the projects and risks, as well as the potential profit-making opportunities in the investment decision making is required. This paper analyzes a decision-making strategy based on qualitative estimates obtained by investigating the risks posed, the management methods used, and the application of the proposed methods for assessing the contractor’s risk in construction companies.

Keywords: building investment project; risk; assessment; verbal analysis (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:11:y:2019:i:9:p:2660-:d:229735

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