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Risk management is fundamental to the success of a major project. However, the variations in using risk management practices are considerable and are dependent on numerous factors such as the industry sector, the size of the project, and the stage in the project life cycle. One of the major...
Persistent link: https://www.econbiz.de/10005482532
Earthworks and earthmoving operations are a major part of many civil engineering construction projects. Because of their labour and plant intensity, the planning and estimating of such operations is crucial to both the cost and duration of the project; earthworks are considered by many...
Persistent link: https://www.econbiz.de/10005482673
The built environment is full of uncertainty which leads to risk. The literature shows that there is a wide range of techniques available to deal with risk; however numerous studies have shown that only a relatively small number are used in practice. One reason for this small number is a lack of...
Persistent link: https://www.econbiz.de/10005438620