A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Validation of the model for evaluating client-generated risk by project consultants
This paper reports the results of studies in 29 construction consulting firms aimed at validating a model for evaluating client-generated risks (see Kometa et al. 1995a). Validation required quantification of project outcomes in terms of time, cost, quality and fee (charged for services provided) and comparing them with risk exposure indices suggested by the model. Results indicate that the model correctly predicted project outcomes in ten cases (nearly 35%) and was found to be more conservative in predicting project outcomes in all others barring two outliers; thus confirming the applicability of the model as a helpful early warning tool for predicting client-generated risks to construction consulting firms.
Validation of the model for evaluating client-generated risk by project consultants
This paper reports the results of studies in 29 construction consulting firms aimed at validating a model for evaluating client-generated risks (see Kometa et al. 1995a). Validation required quantification of project outcomes in terms of time, cost, quality and fee (charged for services provided) and comparing them with risk exposure indices suggested by the model. Results indicate that the model correctly predicted project outcomes in ten cases (nearly 35%) and was found to be more conservative in predicting project outcomes in all others barring two outliers; thus confirming the applicability of the model as a helpful early warning tool for predicting client-generated risks to construction consulting firms.
Validation of the model for evaluating client-generated risk by project consultants
Kometa, Simon T. (author) / Olomolaiye, Paul O. (author) / Harris, Frank C. (author)
Construction Management and Economics ; 14 ; 131-145
1996-03-01
15 pages
Article (Journal)
Electronic Resource
English
Validation of the model for evaluating client-generated risk by project consultants
| Online Contents | 1996
Validation of the model for evaluating client-generated risk by project consultants
| British Library Online Contents | 1996
Quantifying client-generated risk by project consultants
| Online Contents | 1995
Quantifying client-generated risk by project consultants
| Taylor & Francis Verlag | 1995
Quantifying client-generated risk by project consultants
| British Library Online Contents | 1995