000			01835 a2200229 4500
003			OSt
020			_a9780784480298
040			_cIIT Kanpur
041			_aeng
082			_a624.0681 _bSi64q
100			_aSingh, Amarjit
245			_aQuantitative risk management and decision making in construction [Perpetual access] _cAmarjit Singh
260			_bAmerican Society for Civil Engineers _c2017 _aReston
300			_axviii, 302p
440			_aASCE Press Series
520			_aQuantitative Risk Management and Decision Making in Constructionintroduces valuable techniques for weighing and evaluating alternatives in decision making with a focus on risk analysis for identifying, quantifying, and mitigating risks associated with construction projects. Singh addresses such topics as probabilistic cost estimating, contingency analysis, cause-effect diagrams, FAST diagrams, and decision trees, and explains the tools available to quantify risks such as payoff matrices, Bayes' theorem, matrix analysis, and analytical hierarchy process. Finally, Singh shows how the information gained from analysis can be applied to mitigate risks using a risk-analysis card game, by monitoring performance, and by managing inventory. Intended for graduate and upper-level undergraduate students, each topic is accompanied by numerous examples, drawings, and exercises to illustrate and reinforce these concepts. In addition, the common techniques can be executed by business and construction managers for practical construction risk assessment.
650			_aRisk management -- Mathematical models
650			_aConstruction industry -- Management--Data processing
650			_aDecision making -- Mathematical models
856			_uhttps://ebookcentral.proquest.com/lib/iitk-ebooks/reader.action?docID=5164349&query=5164349
942			_cEBK
999			_c565307 _d565307