Ioannou, P G (1989) Evaluation of subsurface exploration programs. Journal of Construction Engineering and Management, 115(3), pp. 339-356. ISSN 0733-9364
Abstract
This paper presents a decision support system for the evaluation of geologic exploration programs in underground construction. This system can be used to quantify the economic value of different subsurface investigation alternatives, and it provides owners and designers with a solid basis for making the associated technical and financial decisions. The description of the system includes the methodology for encompassing all the existing geologic information about a site in a consistent geologic-prediction model that can be used for design, and construction, planning and estimation. It illustrates how to account for the context and reliability of this information, how to predict its effect on design and construction decisions, and how to arrive at a monetary measure of its value. Finally, it describes the methodology for using simulation to arrive at an estimate of the expected value and the standard deviation of the value of sampled geologic information. The evaluation of a pilot tunnel as an exploration alternative for the water discharge tunnel of the Seabrook Power station is presented as an example application.
| Item Type: | Article |
|---|---|
| Index terms: | methodology, exploration, program, power station, expected value, prediction model, decision support, tunnel, underground construction, estimate, design and construction, investigation, owner, deviation, designer, estimation |
| Subjects: | software systems, research methods, sociology, decision analysis, geotechnical engineering, infrastructure and transport systems, statistical analysis, data collection methods, profession, environmental resource management, contractual arrangements, financial and cost management, prediction and forecasting |
| Topics: | Roles and Professions, Stakeholder Management, Risk Management, Sustainability, Procurement, Cost Management, Engineering Principles, Research Practice, Digital Applications |
| Descriptive scope: | 4 PCTA |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here