Jiang, F; Lyu, Y; Zhang, Y and Guo, Y (2023) Research on the differences between risk-factor attention and risk losses in PPP projects. Journal of Construction Engineering and Management, 149(9): 04023090, ISSN 0733-9364
Abstract
Public-private partnership (PPP) project risk management through risk-factor attention has been widely studied for a long time; however, it remains unknown whether the attention degree of risk indicators corresponds to their loss degrees. This study investigated the difference between risk-factor attention and losses in PPP projects by utilizing text mining, questionnaire survey, fuzzy comprehensive evaluation, and importance-performance analysis methods (IPA). The results show a surprising attention-loss phenomenon: some factors attract more attention but bring fewer losses; other factors attract less attention while causing more losses. The research findings provided valuable references not only for PPP project managers but also for further studies on the risk management of PPP projects.
| Item Type: | Article |
|---|---|
| Index terms: | project risk management, fuzzy comprehensive evaluation, partnership, project manager, risk management, mining, performance analysis, survey, questionnaire |
| Subjects: | data analysis and analytics, data collection methods, profession, risk assessment, decision-making and optimization, geotechnical engineering, partnership management, financial risk |
| Topics: | Stakeholder Management, Roles and Professions, Risk Management, Research Practice, Engineering Principles, Cost Management |
| Descriptive scope: | 4 PCEA |
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