Construction Risk Management Decision Making Understanding Current Practices 1st Edition by Alex C Arthur ISBN 9781119693000 1119693004

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Product details:

ISBN 10: 1119693004
ISBN 13: 9781119693000
Author: Alex C Arthur

Effective risk management is a vital component of all successful construction projects. Although quantitative tools for evaluating data and minimizing risk are readily available, construction managers commonly adopt a more innate, experience-based approach. In Construction Risk Management Decision Making, project manager and senior consultant Alex C. Arthur provides step-by-step advice on assessing and prioritizing risk using qualitative decision-making systems in the construction industry.

Incorporating key theories and concepts from systems thinking and behavioral science, this highly practical guide focuses on the behavior patterns of real people in the industry, rather than complex quantitative techniques and data. Concise, easy-to-understand chapters highlight the current practices of construction risk management while helping readers view risk and decision making from a broader perspective. Throughout the book, the author presents invaluable insights into the ways construction professionals think and behave in the real world.

Addresses the actual risk management practices of construction professionals

Applies human behavioral theories to the study of construction risk management decision making

Illustrates the highly intuitive approaches prevalent in various construction projects

Features real-life case studies and practical examples throughout

Construction Risk Management Decision Making is an excellent textbook for advanced students in project management, engineering, construction, and surveying courses, and a must-have guide for practitioners of construction management, surveying, and architecture

Construction Risk Management Decision Making Understanding Current Practices 1st Edition Table of contents:

1 Introduction – A Risk Management Approach to Construction Project Delivery

1.1 Risk Perception Categorisation

1.2 Construction Risk Data Presentation Formats

Part 1: Concepts

Overview of the Concept Chapters

2 Systems Analysis of the Construction Industry and Project Delivery

2.1 Introduction

2.2 The Construction Industry

2.3 The Construction Industry System

2.4 Construction Delivery System

2.5 The Construction Project Management System; Differentiation and Risk

2.6 Construction System’s Environment and Risk

2.7 Summary

3 The Concept of Risk

3.1 Introduction

3.2 Risk Conceptualisation

3.3 Risk Etymology

3.4 Risk Conceptual Interpretations

3.5 Psychometric and Sociological Risk Perspective Application in This Book

3.6 Summary

4 Construction Risk Management

4.1 Introduction

4.2 Changing Perspectives on Organisational Risk Management Strategies

4.3 The Construction Risk Management Process

4.4 Construction Risk Management Approaches

4.5 Summary

5 Construction Risk Management Decision-Making

5.1 Introduction

5.2 The Two Systems of Thinking and Decision-Making

5.3 The Psychology of Perception

5.4 Risk Management Decision Making Under Intuition

5.5 Differentiated Risk Perceptions and Intuitive Construction Risk Management Practices

5.6 Summary

Summary of the Part 1

Part 2: Case Studies

Overview of the Part 2

6 Research Proposal, Methodology, and Design

6.1 Introduction

6.2 Research Proposal

6.3 Research Philosophical Traditions, Axioms, and Methodology

6.4 Summary

7 Data Presentation

7.1 Introduction

7.2 Case Study Project 1

7.3 Case Study Project 2

7.4 Case Study Project 3

7.5 Case Study Project 4

7.6 Summary

8 Application

8.1 Introduction

8.2 Research Proposition 1: Discussions

8.3 Research Proposition 2: Discussions

8.4 Research Proposition 3: Findings

8.5 Summary

9 Conclusions

9.1 Summary

9.2 Rethinking Construction Risk Management Practices

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Tags: Alex C Arthur, Construction Risk, Understanding Current Practices