Chances and risks in construction management and economics : a systemic approach to dealing with models and uncertainties / Christian Hofstadler, Markus Kummer.

The book outlines the processes of calculating and critically reviewing construction costs and times for clients and contractors in different project phases. Any project or structural analysis should yield accurate information on times, costs, and prices. The related database is more or less uncerta...

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Bibliographic Details
Main Authors: Hofstadler, Christian (Author), Kummer, Markus (Author)
Format: Electronic eBook
Language:English
Published: Cham, Switzerland : Springer, 2021.
Series:Springer tracts in civil engineering,
Subjects:
Online Access:Click for online access

MARC

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020 |a 9783030640149  |q (electronic bk.) 
020 |a 3030640140  |q (electronic bk.) 
020 |z 9783030640132  |q (print) 
024 7 |a 10.1007/978-3-030-64014-9  |2 doi 
035 |a (OCoLC)1257994199 
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049 |a HCDD 
100 1 |a Hofstadler, Christian,  |e author. 
245 1 0 |a Chances and risks in construction management and economics :  |b a systemic approach to dealing with models and uncertainties /  |c Christian Hofstadler, Markus Kummer. 
264 1 |a Cham, Switzerland :  |b Springer,  |c 2021. 
300 |a 1 online resource (xxxii, 696 pages) :  |b illustrations (some color). 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
490 1 |a Springer tracts in civil engineering ,  |x 2366-259X 
505 0 |a Chapter 1: Introduction -- Chapter 2: Basics -- Chapter 3: Data, Information, Knowledge, and BIM -- Chapter 4: Management of Chances and Risks -- Chapter 5: Applying the Management of Chances and Risks to Project Phases -- Chapter 6: The Fundamentals of Monte Carlo Simulations -- Chapter 7: Application of Monte Carlo Simulations -- Chapter 8: Influence of Project Lead Time and Construction Time on Project Targets -- Chapter 9: Worked Examples - Client -- Chapter 10: Worked Examples - Contractor. 
504 |a Includes bibliographical references and index. 
520 |a The book outlines the processes of calculating and critically reviewing construction costs and times for clients and contractors in different project phases. Any project or structural analysis should yield accurate information on times, costs, and prices. The related database is more or less uncertain depending on project complexity and the circumstances of work performance. It is thus recommended to use ranges of key input parameters. This approach consistently considers uncertainties within a holistic project view, thus enhancing the plausibility and validity of specific values. Only the integration of probabilistic methods will allow for calculating and graphically representing the chance/risk ratio as a crucial project variable ultimately influencing the entire business.This book examines the systemic modeling and consideration of uncertainties when determining construction costs and times, and life-cycle costs. It contains detailed descriptions of other decision-making processes, including project preparation and planning (developer calculation, soil survey, cost estimate), work preparation (costing, pricing, construction time evaluation, resource identification, comparison of construction methods, bid analysis, contract award), and project execution (site logistics, construction method selection, construction process planning, work coordination, sourcing, determination of additional costs, trend analyses), as well as for project portfolio management as a tool relevant to all phases. 
588 0 |a Online resource; title from PDF title page (SpringerLink, viewed June 29, 2021). 
650 0 |a Construction industry  |x Management. 
650 0 |a Construction industry  |x Risk management. 
650 7 |a Construction industry  |x Management  |2 fast 
650 7 |a Construction industry  |x Risk management  |2 fast 
700 1 |a Kummer, Markus,  |e author. 
758 |i has work:  |a CHANCEN UND RISIKOMANAGEMENT IN DER BAUWIRTSCHAFT (Text)  |1 https://id.oclc.org/worldcat/entity/E39PD3c3WJ8QP8kc8wmCgHHDMP  |4 https://id.oclc.org/worldcat/ontology/hasWork 
830 0 |a Springer tracts in civil engineering,  |x 2366-259X 
856 4 0 |u https://holycross.idm.oclc.org/login?auth=cas&url=https://link.springer.com/10.1007/978-3-030-64014-9  |y Click for online access 
903 |a springengine2021 
994 |a 92  |b HCD