Title :
Systems engineering based model for risk assessment: A case study
Author :
Li, C.H. ; Pretorius, L.
Author_Institution :
Dept. of Civil Eng., Hefei Univ., Hefei, China
Abstract :
Risk assessment (RA) is considered as a sub-system of risk management (RM). The socio-technical aspects of RA in a residential development (RD) are discussed within a systems engineering (SE) context. A RA model for a semi-developed project completed by a foreign developer in South Africa (SA) is discussed.
Keywords :
property market; risk management; statistical analysis; systems engineering; South African company; residential property development project; risk assessment model; risk management; socio-technical aspect; statistical analysis; systems engineering; Africa; Assembly systems; Civil engineering; Decision making; Engineering management; Process design; Risk management; Systems engineering and theory; Technology management; Uncertainty; Residential development; Risk assessment; South Africa; Systems Engineering;
Conference_Titel :
Industrial Engineering and Engineering Management, 2008. IEEM 2008. IEEE International Conference on
Conference_Location :
Singapore
Print_ISBN :
978-1-4244-2629-4
Electronic_ISBN :
978-1-4244-2630-0
DOI :
10.1109/IEEM.2008.4738087
