Risk Management in Engineering and Construction

Stephen O. Ogunlana is currently the Chair of Construction Project Management at the School of Energy, Geoscience, Infrastructure and Society at Heriot-Watt University, Scotland. He has an international reputation for research in the application of system dynamics to construction projects and organizations. He is the author of over 200 scholarly publications in journals and conferences. His research has been funded by several governments. His works on leadership were awarded Emerald Literati Award for two consecutive years for the most outstanding paper in the Engineering, Construction and Architectural Management journal. He has a continuing interest in technology innovation for project management and in public-private partnerships for infrastructure delivery. Prasanta Kumar Dey is a Professor of Operations Management at Aston Business School. He has been honoured as 50th Anniversary Chair of Aston University in 2017. Prior to joining Aston University in 2004, he worked for five years at the University of the West Indies in Barbados and for 14 years at Indian Oil Corporation Limited. He specializes in supply chain management and project management, and circular economy. He has published more than 150 research papers in leading international refereed journals. He has accomplished several impactful interdisciplinary research projects on a sustainable supply chain of small- and medium-sized enterprises (SMEs), which were funded by leading bodies such as the Research Council UK, British Council, Royal Society, Royal Academy of Engineering, EU Horizon 2020 and ERDF. He is the founder editor-in-chief of the International Journal of Energy Sector Management.

0



Prelims



Introduction



Prasanta Dey



1



Monte Carlo Simulation as a Risk Management Tool in Construction and Engineering Projects



Isaac A. ODESOLA and Dubem I. IKEDIASHI



2



Modelling Risk effect using Monte Carlo Technique: An Application for Innovative Projects



Ibrahim Motawa



3



A Structural Equation Modelling Approach for Assessing the Impact of External/Internal Risk Factors on Management Risk



VALADIS MALESSIOS



4



Risk management using combined multiple criteria decision-making technique, risk mapping, and decision tree: Oil refinery construction project



Prasanta Kumar Dey



5



Risk Management Practices in the Vietnamese Construction Industry using Bayesian Belief Networks Approach



Van Truong Luu, Soo-YONG Kim, Nguyen Van Tuan, and Stephen O. Ogunlana



6



The use of the analytical hierarchy and network process for risk management



Jonathan Nixon and Prasanta Kumar Dey



7



Project Risk Management Using Fuzzy Theory



Daniel Wright and Prasanta Kumar Dey



8



Development of Influence Diagram for Assessing Risks



Djoen San Santoso



9



Risk Assessment in Construction and Engineering Projects with SDANP plus



Prince Boateng



10



Delphi Technique in Risk Assessment



Djoen San Santoso



11



Risk Management in Enterprise Resource Planning Implementation Projects



Prasanta Kumar Dey, Ben Clegg and Walid Cheffi



12



Risk Management in Oil and Gas Construction Projects in Vietnam



Nguyen Van Thuyet, Stephen Ogunlana and Prasanta Kumar Dey



13



Risk Allocation Assessment through Good Project Governance Concept: A Case Study of PPP Project in Thailand



Martinus Abednego and Stephen O. Ogunlana



14



Risk-Based Inspection and Maintenance: A Case of Oil Pipeline Operations in India



Prasanta Kumar Dey



15



Managing Construction Risks and Uncertainties - A Management Procurement and Contracts Perspective



Oyegoke Adekunle Sabitu and Oluwaseyi A. Awodele



16



Risk Management Practice in Construction Projet: A Case Study on the NHS PFI Hospital Project in the UK



Farid Ezane Mohamed Ghazali, and Mastura Jaaafar



17



Managing Risk Management Knowledge



John Edwards & Eduardo Rodriguez



18



Infrastructure Development in the UAE: Communication and Coordination Issues Amongst Key Stakeholders



Moza T. Al Nahyan, Amrik S. Sohal, Brian Fildes, and Yaser E. Hawas



19



Supply Chain Risk Assessment in Automotive New Product Development



Atanu Choudhuri



20



To Investigate the Feasibility of Predicting, Identifying and Mitigating Latent System Failures in a UK NHS Paediatric Hospital



Anthony Sinclair



21



The Risks and Benefits of Climate change Policy on Business Operation: a System Dynamic Analysis



Tsalis T., Konstandakopoulou F. Evangelinos K., and Nikolaou E.I.



22



Political risk management during instability: The Experience of Readymade Garment Manufacturing firms in Bangladesh.



Krishnendu Saha