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RISWhich Risk Management Is Most Crucial for Controlling Project Cost?
Publisher: American Society of Civil Engineers
Lessons Learned from Rigid Conflict Resolution in an Organization: Construction Conflict Case Study
Publisher: American Society of Civil Engineers
Abstract: Success in construction projects mainly depends on how well project managers handle conflicts. There are in general five conflict resolution approaches: withdrawal, compromise, forcing, smoothing, and problem solving. ...
Approaches for Making Risk-Based Go/No-Go Decision for International Projects
Publisher: American Society of Civil Engineers
Abstract: The world economy is becoming more global due to agreements such as the “Uruguay Round” in the General Agreement on Tariffs and Trade. The globalization of the construction industry provides tremendous opportunities for ...
Quantitative Analysis for Country Classification in the Construction Industry
Publisher: American Society of Civil Engineers
Abstract: The performances of international construction projects are quite vulnerable to the conditions of the host country. Because going overseas requires a substantial amount of resources, the process of country evaluation and ...
Automated Identification of Active Players for International Construction Market Entry Using Natural Language Processing
Publisher: ASCE
Abstract: Studies on the international construction market have been limited to expanding the scope of academics and practices because of data accessibility and timeliness. With the recent advancement of natural language processing ...
Social Conflicts in South Korean Public Construction Projects: Insights Using a Large Language Model
Publisher: American Society of Civil Engineers
Abstract: Public construction projects often encounter social conflicts when project complexity increases and diverse stakeholder concerns arise, such as environmental, economic, and route-selection issues. Social conflicts that ...
Which Strategies Are More Effective for International Contractors during Boom and Recession Periods?
Publisher: American Society of Civil Engineers
Abstract: Given the global financial crisis and other plummeting market conditions in 2008, the international construction market moved from boom to recession. Although this recession is expected to be completed soon, many international ...
Cash Flow Forecasting Model for General Contractors Using Moving Weights of Cost Categories
Publisher: American Society of Civil Engineers
Abstract: This research introduces the development of a project-level cash flow forecasting model from a general contractor’s viewpoint. While most previous models have been proposed to assist contractors in forecasting cash flow ...
Country Portfolio Solutions for Global Market Uncertainties
Publisher: American Society of Civil Engineers
Abstract: Global market uncertainties such as unpredicted recession and recovery arise simultaneously at the country level or wider. These uncertainties weaken traditional project-based risk management to control contractors’ revenue ...
Financial Valuation of Investments in International Construction Markets: Real-Options Approach for Market-Entry Decisions
Publisher: American Society of Civil Engineers
Abstract: The body of knowledge in decision making about international construction market entry has been primarily focused on identifying risk factors, quantifying risks, and developing risk management strategies for construction ...