Deterministic and Probabilistic Risk Management Approaches in Construction Projects: A Systematic Literature Review and Comparative Analysis

Deterministic and Probabilistic Risk Management Approaches in Construction Projects: A Systematic Literature Review and Comparative Analysis

Risks and uncertainties are inevitable in construction projects and can drastically change the expected outcome, negatively impacting the project’s success. However, risk management (RM) is still conducted in a manual, largely ineffective, and experience-based fashion, hindering automation and knowl...

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Bibliographic Details
Main Authors: Ania Khodabakhshian, Taija Puolitaival, Linda Kestle
Format: Article
Language:English
Published: MDPI AG 2023-05-01
Series:Buildings
Subjects:
artificial intelligence
construction industry
machine learning algorithms
project management
risk management
Online Access:https://www.mdpi.com/2075-5309/13/5/1312

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