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A DATA-DRIVEN APPROACH TO IDENTIFY-QUANTIFY-ANALYSE CONSTRUCTION RISK FOR HONG KONG NEC PROJECTS
2018
Journal of Civil Engineering and Management
Project risks must be managed to deliver construction projects on time and within budget. In recent years, the New Engineering Contract (NEC) provides an alternate contracting method for procuring construction projects. As stipulated in the NEC contract, NEC risk register must be used to record any project risks. The risk register is designed to record each risk item in the context of textual description, likelihood, and consequence. However, it is time-consuming to identify, quantify, and
doi:10.3846/jcem.2018.6483
fatcat:2ldlicwc6rfqxd7d3ta7lsjjcq