A New Approach for Contingency Determination in a Portfolio of Construction Projects

In this paper, a new approach for contingency determination in a portfolio of construction projects is proposed. The model proposed helps an agency find the level of confidence needed for individual projects to ensure that the portfolio budget will meet the minimum level of confidence based on avail...

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Bibliographic Details
Main Authors: Payam Bakhshi, Ali Touran
Format: Article
Language:English
Published: Society for Risk Analysis - China 2012-12-01
Series:Journal of Risk Analysis and Crisis Response (JRACR)
Subjects:
Online Access:https://www.atlantis-press.com/article/4410.pdf