An interactive risk visualisation tool for large-scale and complex engineering and construction projects under uncertainty and interdependence
Salman Kimiagari and
Samira Keivanpour
International Journal of Production Research, 2019, vol. 57, issue 21, 6827-6855
Abstract:
Implementation of the megaprojects with large-scale engineering and construction projects are risky in nature and evaluating the associated risks of those large projects is a critical success factor. The systematic approaches and empirical studies related to the visualisation and communicating risks of these projects remain missing. This paper aims to develop a systematic approach to managing and visualising the risk of these mega-projects using joint application of fuzzy group decision-making, analytic network process and mapping the resulting network of dependencies together with proximity information, graph theory, and mutual information theory. We have applied the model in a real case study of megaprojects in the oil and gas industry. The methodology proposed in this study could be used in the other large-scale engineering and construction projects considering the contracts features and the contextual factors.
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:taf:tprsxx:v:57:y:2019:i:21:p:6827-6855
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DOI: 10.1080/00207543.2018.1503426
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