Using analytic network process to assess business failure risks of construction firms

The paper seeks to identify the determinants of business failure in construction and to predict the failure likelihood of construction companies by assessing their current situation based on both company‐specific and external factors.


Development of a lessons learned management process model and a web-based tool for construction companies
Eken, Görkem; Birgönül, Mustafa Talat; Dikmen Toker, İrem; Department of Civil Engineering (2017)
Organizational memory formation and its effective utilization is a source of competitive advantage especially in project-based industries such as construction industry as it may eliminate potential problems in projects leading to higher profitability and less errors. However, project-based nature also poses challenges for establishing organizational memory as it is hard to capture knowledge of temporary project teams and transfer different types of knowledge between projects. This study presents a “Lessons ...
A Comparative study on direct analysis method and effective length method in one-story semi-rigid frames
Bektaş, Şinasi; Birgönül, Mustafa Talat; Department of Civil Engineering (2012)
Many factors such as unforeseeable events, managerial or financial problems of Contractor, insufficient technical capacity of Engineer's site team and so on may lead to delays in construction projects. Proper analysis of compensability and quantum of a delay event is very important. Any delay analysis application can be considered as a result of the combination of contract documents, scheduler, record keeping mechanism at site, communication among project participants, delay analyst and delay analysis metho...
A knowledge-based risk mapping tool for cost estimation of international construction projects
Yildiz, Acelya Ecem; Dikmen Toker, İrem; Birgönül, Mustafa Talat; Ercoskun, Kerem; Alten, Selcuk (Elsevier BV, 2014-07-01)
Effective risk assessment and management is critical for success in international construction projects. This paper proposes a knowledge-based risk mapping tool for systematically assessing risk-related variables that may lead to cost overrun in international markets. The tool uses an ontology that relates risk and vulnerability to cost overrun [1] and a novel risk-vulnerability assessment methodology [2] to estimate potential risk paths that may emerge in international construction projects. The tool has b...
A Multi agent risk analysis and sharing platform for international construction projects
Dağkıran, Gülşah; Dikmen Toker, İrem; Tanyer, Ali Murat; Department of Civil Engineering (2015)
The risks and complexities that are naturally inherent with construction projects and the diverging interests of the parties involved, cause deviations from the project objectives and make claims an unavoidable consequence in construction projects. Risk management is accepted as one of the critical success factors to handle the claim management process effectively. In construction management literature, while there are several studies to develop a mechanism for risk management, decision making and dispute r...
A Support vector regression method for conceptual cost estimate of construction projects
Yolasığmaz, İsmet Berki; Sönmez, Rifat; Department of Civil Engineering (2015)
Conceptual cost estimate is very important for initial project decisions when the design information is limited and the scope is not finalized at the early stages of the construction projects. It has serious effects on planning, design, cost management and budgeting. Therefore, the decision makers should be as accurate as possible while estimating the conceptual cost at the initial stage since a misestimation on the conceptual cost may lead to serious problems during feasibility analysis or at the later sta...
Citation Formats
İ. Dikmen Toker and M. T. Birgönül, “Using analytic network process to assess business failure risks of construction firms,” ENGINEERING CONSTRUCTION AND ARCHITECTURAL MANAGEMENT, pp. 369–386, 2010, Accessed: 00, 2020. [Online]. Available: