This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

Validation of the model for evaluating client-generated risk by project consultants

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
Simon T. Kometa, Paul O. Olomolaiye, Frank C. Harris
Abstract

This paper reports the results of studies in 29 construction consulting firms aimed at validating a model for evaluating client-generated risks (see Kometa et al. 1995a). Validation required quantification of project outcomes in terms of time, cost, quality and fee (charged for services provided) and comparing them with risk exposure indices suggested by the model. Results indicate that the model correctly predicted project outcomes in ten cases (nearly 35%) and was found to be more conservative in predicting project outcomes in all others barring two outliers; thus confirming the applicability of the model as a helpful early warning tool for predicting client-generated risks to construction consulting firms.

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://taylorandfrancis.metapress.com/link.asp?target=contribution&id=PAGU95R0A8QFTPHP
File Format: text/html
File Function:
Download Restriction: Access to full text is restricted to subscribers.

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Publisher Info
Article provided by Taylor and Francis Journals in its journal Construction Management & Economics.

Volume (Year): 14 (1996)
Issue (Month): 2 (March)
Pages: 131-145
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:taf:conmgt:v:14:y:1996:i:2:p:131-145

Contact details of provider:
Web page: http://taylorandfrancis.metapress.com/link.asp?target=journal&id=100154

Order Information:
Web: http://www.tandf.co.uk/journals/subscription.html

For technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).

Related research
Keywords: Client Generated-risks; Project Consultants; Risk Assessment; Risk Management; Model Validation;

Other versions of this item:

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)
  1. S. O. Cheung, C. M. Tam, I. Ndekugri, F. C. Harris, 2000. "Factors affecting clients' project dispute resolution satisfaction in Hong Kong," Construction Management & Economics, Taylor and Francis Journals, vol. 18(3), pages 281-294, April. [Downloadable!] (restricted)
Statistics
Access and download statistics

Did you know? Authors registered on the RePEc Author Service receive monthly emails with details about downloads and abstract views of their works.

This page was last updated on 2010-1-1.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.