Dynamic Network Analysis of the Risks of Mega Infrastructure Projects from a Sustainable Development Perspective

Mega infrastructure projects (MIPs) are exposed to numerous interdependent risks of various natures which pose difficulties in risk management. Thus far, the research on the risk interactions of MIPs has been focused on developing static risk networks within a single category of risks, at certain stages of the project. It is essential to...

Operational risk allocation in urban rail transit public–private partnership projects

Operation risk (OR) has affected sustainable development of urban rail transit (URT) public–private partnership (PPP) projects in China. Balanced distribution of operational risks among stakeholders (the public, government, and private companies) involved in URT PPP projects can maximize overall profit. Quantitative analysis of operational...

Analyzing and Controlling Construction Engineering Project Gray Rhino Risks with Innovative MCDM Methods: Interference Fuzzy Analytical Network Process and Decision-Making Trial and Evaluation Laboratory

Construction engineering projects are costly and require large amounts of labor, physical, and financial resources. The failure of a construction engineering project typically brings huge losses. Previous studies have focused on the identification of risks, but insufficient attention has been given to strategic resource allocation for risk...

Identifying the Non-Traditional Safety Risk Paths of Employees from Chinese International Construction Companies in Africa

In recent years, more and more construction enterprises are expanding into overseas markets, especially in underdeveloped regions such as Africa. Compared to domestic construction projects, international construction projects have been faced with more uncertainties and increased levels of safety risks to the employees in the context of political...

Identifying the key risk factors of mega infrastructure projects from an extended sustainable development perspective

Mega infrastructure projects (MIPs) have become increasingly important to the realization of sustainable development in China. Sustainable development is a process of dynamic balance, and coordinating the triple bottom line (the environmental, social, and economic dimensions) will enable more sustainable development of MIPs. However, previous...

Risk assessment of high-speed rail projects: A risk coupling model based on system dynamics

Due to their characteristics and multiple objectives, high-speed rail (HSR) projects carry more complex risks than conventional projects and high correlation and conductivity are among the associated risk factors. Previous risk assessment frameworks for rail infrastructure have ignored the effects of risk interactions that inflate risk levels...