Risk assessment of construction projects using Monte Carlo simulation

PurposeThis paper aims to develop a process for prioritizing project risks that integrates the decision-maker's risk attitude, uncertainty about risks both in terms of the associated probability and impact ratings, and correlations across risk assessments.Design/methodology/approachThis paper a...

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Veröffentlicht in:	International journal of managing projects in business Jg. 14; H. 5; S. 1202 - 1218
Hauptverfasser:	Qazi, Abroon, Simsekler, Mecit Can Emre
Format:	Journal Article
Sprache:	Englisch
Veröffentlicht:	Bingley Emerald Publishing Limited 06.07.2021 Emerald Group Publishing Limited
Schlagworte:	Attitudes Construction industry Expected utility Fuzzy sets Monte Carlo simulation Product development Project management Risk assessment Risk exposure Risk matrix Risk attitude Risk assessment Monte Carlo simulation Project risks
ISSN:	1753-8378, 1753-8386
Online-Zugang:	Volltext
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