Multidimensional modelling of complex and strategic construction projects for a more effective risk management

Esra Tepeli · Franck Taillandier · Denis Breysse

39 citations0/0 files storedInternational Journal of Construction Management

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Construction Project Management and Performance BIM and Construction Integration Public-Private Partnership Projects

Abstract

Risk management is a growing concern in the field of construction management. Public–private partnership (PPP) procurement is recent and was introduced in France in 2004. This type of construction project is complex and may have a very long life-cycle, a complex organizational plan, contractual complexities, macro-environmental factors and a strategic importance. An objective, reliable and practical risk management process is essential for establishing an efficient risk management framework and reaching the project objectives. However, traditional methods are rather limited for managing the risks of complex construction projects. In this research study, a formalized and systematic multidimensional modelling of risk management process (MMRMP) is developed. This process aims to identify systematically the risk events, assess them, determine the critical risks and develop action plans in order to mitigate, eliminate or transfer the negative risk impacts. The MMRMP proposes a dynamic risk management approach in parallel with the project management through the project life-cycle, adapted to the evolving nature of the project. The model is developed based on the multi-dimensional analysis of several PPP projects in France, and in partnership with a major construction company to favour its use in real operation conditions. The process is primarily developed for PPP projects in general, but the model can be replicated in a specific type of complex and strategic construction project, and contractual frame. A user-friendly prototype interface has been developed to apply the process for real construction projects. How it works in practice is illustrated through a PPP project in France.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 39 citations exist upstream.

References

1990How to make a decision: The analytic hierarchy process 1996Multicriteria Methodology for Decision Aiding 2015Multiple criteria decision-making techniques and their applications – a review of the literature from 2000 to 2014 2004The allocation of risk in PPP/PFI construction projects in the UK 1997A comparative study of causes of time overruns in Hong Kong construction projects 2004Factors Affecting the Success of a Construction Project 2013Different stakeholder groups and their perceptions of project success 2011The effect of relationship management on project performance in construction

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.