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Research on the risk transmission mechanism of international construction projects based on complex network

Author

Listed:
  • Yanjun Huangfu
  • Jingrong Xu
  • Yang Zhang
  • Dechun Huang
  • Jiahui Chang

Abstract

The risk transmission process between international construction projects largely contributes to the dilemma of risk management of international construction projects. Firstly, this paper adopts methods such as literature review and brainstorming to identify the risks in international construction projects from all aspects and all stages. Connections between risks is built by the Delphi method and further construct the international construction project risk network. Combined with “ucinet”, a network visualization analysis tool, overall feature parameters and local feature parameters are presented for analysis as the focus. Starting from this, the risk transmission in complex construction projects is analyzed to identify key risks and transmission relationships and reveal inherent laws of risk transmission. Accordingly, when formulating risk prevention strategies for international engineering projects, it is proposed that measures to curb risk transmission should be effectively adopted from both key risks and their transmission relationships.

Suggested Citation

  • Yanjun Huangfu & Jingrong Xu & Yang Zhang & Dechun Huang & Jiahui Chang, 2023. "Research on the risk transmission mechanism of international construction projects based on complex network," PLOS ONE, Public Library of Science, vol. 18(8), pages 1-16, August.
    • Handle: RePEc:plo:pone00:0285497
    DOI: 10.1371/journal.pone.0285497
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    References listed on IDEAS

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    1. Bent Flyvbjerg, 2014. "What You Should Know About Megaprojects, and Why: An Overview," Papers 1409.0003, arXiv.org.
    2. Behzadi, Golnar & O’Sullivan, Michael Justin & Olsen, Tava Lennon & Zhang, Abraham, 2018. "Agribusiness supply chain risk management: A review of quantitative decision models," Omega, Elsevier, vol. 79(C), pages 21-42.
    3. Robert G. Boutilier & Michal Zdziarski, 2017. "Managing stakeholder networks for a social license to build," Construction Management and Economics, Taylor & Francis Journals, vol. 35(8-9), pages 498-513, September.
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