Purpose The purpose of this paper is to identify risk patterns of road and bridge projects in Vietnam, where the construction market is emerging but attractive to construction organizations, especially foreign companies. Design/methodology/approach Using a questionnaire, experienced...

Purpose This study provides an integrated risk-based cost and time estimation approach for deep excavation projects. The purpose is to identify the best practices in recent advances of excavation risk analysis (RA) and integrate them with traditional cost and time estimation methods....

Purpose – This paper aims to provide a review of techniques that support risk management in product development projects using the concurrent engineering (CE) philosophy. Design/methodology/approach – The Australia/New Zealand risk management standard AS/NZS 4360:1999 proposes a generic...

Purpose – With an increase in global outsourcing, there is a need for risk mitigation strategies for outsourcing partner selection. Most outsourced services are getting commoditized, making it difficult to clearly differentiate capabilities of service providers. Also, the move towards...

Purpose – The purpose of this paper is to provide a methodology for benchmarking supplier risks through the creation of Bayesian networks. The networks are used to determine a supplier's external, operational, and network risk probability to assess its potential impact on the buyer...

Purpose – The purpose of this paper is to examine complex risk management practices of Japanese firms in a turbulent environment. Design/methodology/approach – The focus of this research is to examine risk management practices based on product accidents in Japanese firms. It examines how...

Purpose – The purpose of this paper is to provide a reliable and accurate instrument to assess the supply chain risk of similar comparable industries. This enables the firms which fall in this category of industry to identify and incorporate suitable risk sources under various risk constructs....

Purpose – The purpose of this paper is to provide a methodology for assessing supply risk for a product category. The fuzzy based analytic hierarchy process (Fuzzy AHP) has been used for the purpose. The technique is used to determine the supply related risk and its potential impact on the...