Show/Hide Menu
Hide/Show Apps
anonymousUser
Logout
Türkçe
Türkçe
Search
Search
Login
Login
OpenMETU
OpenMETU
About
About
Open Science Policy
Open Science Policy
Communities & Collections
Communities & Collections
Help
Help
Frequently Asked Questions
Frequently Asked Questions
Videos
Videos
Thesis submission
Thesis submission
Publication submission with DOI
Publication submission with DOI
Publication submission
Publication submission
Contact us
Contact us
Assessment of risk paths in construction projects
Date
2011-01-01
Author
Ozcan, G
Dikmen Toker, İrem
Birgönül, Mustafa Talat
Metadata
Show full item record
This work is licensed under a
Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License
.
Item Usage Stats
6
views
0
downloads
Cite This
Risk identification is the most important step in project risk management (PRM), as the risk models are constructed based on previously defined risk sources and their interrelations. Although previous studies have concentrated on a one-way relation between risk factors, there are cause-effect relationships between risk sources, events and consequences. 'Risk paths' represent the causal relationships between risk sources, events and consequences and they should be assessed during risk identification, rather than individual risk factors. Furthermore, a complete risk assessment cannot be achieved without 'vulnerability' that shows the characteristics of a system to react to risk factors. Major aim of this paper is to propose a 'risk path assessment model' to overcome this shortcoming in PRM by combining 'risk path' and 'vulnerability' concepts. The 'risk path assessment model' includes risk and vulnerability (RV) parameters as well as their direct and indirect relationships. The model assesses RV by evaluating the level of vulnerability and magnitude of 'change' in a given project, so that the final impact of risk events on the project cost and duration is obtained.
URI
https://hdl.handle.net/11511/34603
Journal
International Journal of Project Organisation and Management
DOI
https://doi.org/10.1504/ijpom.2011.042036
Collections
Department of Civil Engineering, Article
Citation Formats
IEEE
ACM
APA
CHICAGO
MLA
BibTeX
G. Ozcan, İ. Dikmen Toker, and M. T. Birgönül, “Assessment of risk paths in construction projects,”
International Journal of Project Organisation and Management
, vol. 3, pp. 316–316, 2011, Accessed: 00, 2020. [Online]. Available: https://hdl.handle.net/11511/34603.