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    Assessing Scope and Managing Risk in the Highway Project Development Process

    Source: Journal of Construction Engineering and Management:;2009:;Volume ( 135 ):;issue: 009
    Author:
    Tiendung Le
    ,
    Carlos H. Caldas
    ,
    G. Edward Gibson Jr.
    ,
    Michael Thole
    DOI: 10.1061/(ASCE)CO.1943-7862.0000052
    Publisher: American Society of Civil Engineers
    Abstract: The project development process is a critical component of highway projects. Decisions made during this phase have a significant impact on the final project outcomes. This paper describes a research project that studied this process and subsequently developed a method to help the highway project team improve the project development process. This method does so by proactively identifying risk sources based on the analysis of the project scope. This method uses a comprehensive list of scope elements with descriptions and a mechanism to evaluate quantitatively the scope elements’ level of definition. Assessing the level of definition of each scope element and of the project as a whole allows the project team to determine the potential level of risk to which the project is exposed. The project team can then develop risk mitigation plans to respond to the potential high risk elements. The proposed method was tested on real completed and ongoing projects undertaken by experienced professionals. The method was well received by the subject matter experts, and a number of benefits were observed, including the use as an integrated checklist, a mechanism for monitoring the project development progress, as well as a means for improving communication and promoting alignment within the project team.
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      Assessing Scope and Managing Risk in the Highway Project Development Process

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    http://yetl.yabesh.ir/yetl1/handle/yetl/58195
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    • Journal of Construction Engineering and Management

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    contributor authorTiendung Le
    contributor authorCarlos H. Caldas
    contributor authorG. Edward Gibson Jr.
    contributor authorMichael Thole
    date accessioned2017-05-08T21:38:55Z
    date available2017-05-08T21:38:55Z
    date copyrightSeptember 2009
    date issued2009
    identifier other%28asce%29co%2E1943-7862%2E0000058.pdf
    identifier urihttp://yetl.yabesh.ir/yetl/handle/yetl/58195
    description abstractThe project development process is a critical component of highway projects. Decisions made during this phase have a significant impact on the final project outcomes. This paper describes a research project that studied this process and subsequently developed a method to help the highway project team improve the project development process. This method does so by proactively identifying risk sources based on the analysis of the project scope. This method uses a comprehensive list of scope elements with descriptions and a mechanism to evaluate quantitatively the scope elements’ level of definition. Assessing the level of definition of each scope element and of the project as a whole allows the project team to determine the potential level of risk to which the project is exposed. The project team can then develop risk mitigation plans to respond to the potential high risk elements. The proposed method was tested on real completed and ongoing projects undertaken by experienced professionals. The method was well received by the subject matter experts, and a number of benefits were observed, including the use as an integrated checklist, a mechanism for monitoring the project development progress, as well as a means for improving communication and promoting alignment within the project team.
    publisherAmerican Society of Civil Engineers
    titleAssessing Scope and Managing Risk in the Highway Project Development Process
    typeJournal Paper
    journal volume135
    journal issue9
    journal titleJournal of Construction Engineering and Management
    identifier doi10.1061/(ASCE)CO.1943-7862.0000052
    treeJournal of Construction Engineering and Management:;2009:;Volume ( 135 ):;issue: 009
    contenttypeFulltext
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    DSpace software copyright © 2002-2015  DuraSpace
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