Title :
Risk mangement on biding decision of infrastructure constrution project
Author :
Zhang Huirong ; Xiaochen, Feng
Author_Institution :
Dept. of Civil Eng., Beijing Univ. of Technol., Beijing, China
Abstract :
This paper put forward a bidding-decision frame system which was based on risk analysis, and gave a case study of its application. The conclusions are as follows: (1) Research on risk management and bidding decisions has important values in mitigating the losses once risk happen. (2) The research should be dynamic, because the risks in the construction are dynamic. (3) The analysis should be both quantified and qualified.
Keywords :
construction industry; project management; risk analysis; bidding-decision frame system; dynamic risks; infrastructure constrution project; loss mitigation; risk analysis; risk management; Accidents; Companies; Contracts; Risk management; Rivers; Steel; bidding-decision; infrastructure project; risk management;
Conference_Titel :
Business Management and Electronic Information (BMEI), 2011 International Conference on
Conference_Location :
Guangzhou
Print_ISBN :
978-1-61284-108-3
DOI :
10.1109/ICBMEI.2011.5917863
