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Risk management perceptions and trends of U.S. construction

Article Abstract:

Roozbeh Kangari has reported on the differences in how various sectors of the construction industry view risk management and how this affects a sector's contracting techniques. It is concluded that based on risk importance, the risks related to change orders, third-party delays and indemnification and hold harmless are presently the most contentious areas in petrochemical/oil and gas sector contracting and there are few failures in the top 100 contractors of 1993. With respect to risk allocation, sector defensive engineering is usually allocated to the contractor.

Author: Connolly, Joseph P.
Publisher: American Society of Civil Engineers
Publication Name: Journal of Construction Engineering and Management
Subject: Science and technology
ISSN: 0733-9364
Year: 1997
Analysis, Risk management

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CSFs in competitive tendering and negotiation model for BOT projects

Article Abstract:

A study on the critical success factors (CSFs) for BOT projects is evaluated. The study enumerated six factors needed for success such as entrepreneurship and leadership, consortium strength and financial package differentiation. Additional CSFs are suggested which include the ability to provide suitable transfer packages, short construction period and built-in flexibility for future growth and changes.

Author: Gupta, M.C., Narasimham, S.V.
Publisher: American Society of Civil Engineers
Publication Name: Journal of Construction Engineering and Management
Subject: Science and technology
ISSN: 0733-9364
Year: 1998

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Subjects list: Management, Construction industry
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