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Development of risk analysis models for decision-making in project management. (2001)
Thesis
Guo, Q. L. Development of risk analysis models for decision-making in project management. (Thesis). Napier University. Retrieved from http://researchrepository.napier.ac.uk/id/eprint/2745

Risks and uncertainties are inherent in construction projects and if neglected these risks often lead to project cost and time overruns. Traditional methods of forecasting risks rely upon intuition and 'feel' which has proved inadequate for the need... Read More about Development of risk analysis models for decision-making in project management..

Risk analysis in construction networks using a modified stochastic model. (2001)
Journal Article
GUO, Q. L., Guo, Q. L., MAHER, M., & WAMUZIRI, S. (2001). Risk analysis in construction networks using a modified stochastic model. Civil Engineering and Environmental Systems, 18(3), 215-241. https://doi.org/10.1080/02630250108970301

A review of construction network analysis indicates that new methods are needed for quantifying risks in project evaluation. The paper proposes a new analytical method, the Modified Stochastic Assignment Model (MSAM), for the prediction of project du... Read More about Risk analysis in construction networks using a modified stochastic model..