Research on the risk transmission mechanism of international construction projects based on complex network

Yanjun Huangfu, Jingrong Xu, Yang Zhang, Dechun Huang and Jiahui Chang

PLOS ONE, 2023, vol. 18, issue 8, 1-16

Abstract: The risk transmission process between international construction projects largely contributes to the dilemma of risk management of international construction projects. Firstly, this paper adopts methods such as literature review and brainstorming to identify the risks in international construction projects from all aspects and all stages. Connections between risks is built by the Delphi method and further construct the international construction project risk network. Combined with “ucinet”, a network visualization analysis tool, overall feature parameters and local feature parameters are presented for analysis as the focus. Starting from this, the risk transmission in complex construction projects is analyzed to identify key risks and transmission relationships and reveal inherent laws of risk transmission. Accordingly, when formulating risk prevention strategies for international engineering projects, it is proposed that measures to curb risk transmission should be effectively adopted from both key risks and their transmission relationships.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:plo:pone00:0285497

DOI: 10.1371/journal.pone.0285497

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