Risk management and countering measurements by computer modeling and simulation technology in the approval and early preparation stages of a large international project

This paper takes the risk management and countering strategies of a project as the basis of theoretical knowledge, IT modeling and simulation technology. By combining this approach with the processes of large international construction projects, we specifically research the political risk, natural r...

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Vydáno v:The Journal of supercomputing Ročník 76; číslo 5; s. 3689 - 3701
Hlavní autor: Shijun, Song
Médium: Journal Article
Jazyk:angličtina
Vydáno: New York Springer US 01.05.2020
Springer Nature B.V
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ISSN:0920-8542, 1573-0484
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Shrnutí:This paper takes the risk management and countering strategies of a project as the basis of theoretical knowledge, IT modeling and simulation technology. By combining this approach with the processes of large international construction projects, we specifically research the political risk, natural risk, economic risk, design risk and risk of construction preparation in the project approval and early preparation stages. We also emphasize the risk identification, risk estimation, risk evaluation, risk response, risk monitoring and risk management decisions for the importance of the practice of large international projects and subsequently indicate the primary issues and countering strategies in international project risk management that should receive attention during a construction project.
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ISSN:0920-8542
1573-0484
DOI:10.1007/s11227-018-2581-5