Contingency estimation for construction projects through risk analysis : (Record no. 22792)

MARC details
000 -LEADER
fixed length control field 05222nas|a2200529 i 4500
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20260818085020.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 040827s2004 th uzm rtt 00| a1eng d
035 ## - SYSTEM CONTROL NUMBER
System control number .b11937993
099 #9 - LOCAL FREE-TEXT CALL NUMBER (OCLC)
Classification number AIT Thesis no.CM-04-14
100 1# - MAIN ENTRY--PERSONAL NAME
Personal name Panthi, Kamalesh
245 10 - TITLE STATEMENT
Title Contingency estimation for construction projects through risk analysis :
Remainder of title the case of hydro-electric power projects in Nepal
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Place of publication, distribution, etc. Pathum Thani, Thailand :
Name of publisher, distributor, etc. Asian Institute of Technology,
Date of publication, distribution, etc. 2004
300 ## - PHYSICAL DESCRIPTION
Extent 130 leaves
490 1# - SERIES STATEMENT
Series statement Thesis ;
Volume/sequential designation no. CM-04-14
502 ## - DISSERTATION NOTE
Dissertation note Thesis (M.Eng.) - Asian Institute of Technology, 2004
500 ## - GENERAL NOTE
General note A thesis submitted in partial fulfillment of the requirements for the degree of Master of Engineering, School of Civil Engineering
520 ## - SUMMARY, ETC.
Summary, etc. The consequence of failure can be catastrophic for project based constrnction organizations in today's competitive world. Therefore, these organizations are constantly seeking ways to avoid failure and contain risks early on in the project life cycle. One such approach to handle risks is through the allocation of 'suitable' contingency or reserve. However, when it comes to determining this suitable contingency fund project personnel often face difficulty. They end up assigning a rather arbitrary contingency fund which does not have any rational basis for the decision that they make. Consequently, either of the two things is bound to happen. In first case, a more than what is required contingency fund is allocated which gets locked up and may make the project economically unath·active. In the second case, a low contingency allocation means that the funding for the project is inadequate for successful completion. In order to provide a logical basis to allocate contingency to projects, a methodology is developed here that incorporates risk assessment. Based on subjective judgment sought from the project personnel regarding the likelihood and severity of risks in their project, the degree of risk of the project is dete1mined. Contingency fund is then allocated based on this quantified degree ofrisk. The developed methodology was applied to two real hydropower projects in Nepal to check the adequacy of the contingency fund allocated. All the constrnction risks were identified for these projects. Their effects were quantified by dete1mining the probability and severity by using Analytical Hierarchy Process (AHP). Ranging was also performed on Bill of Quantity (BOQ) items. Activity/ Risk factor matrix was developed which was then used as an input to the Monte Carlo Simulation to combine the risk distributions of various BOQ items. This resulted in a risk adjusted cost for the project from which the contingency was dete1mined. The application of the methodology showed that the contingencies allocated for the projects under study were insufficient. The result obtained from the risk analysis of the projects applied in this study is realistic. This is because the total constrnction cost obtained after allowing for contingencies determined through this methodology roughly corresponded to the actual cost of the project.
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Construction industry
Geographic subdivision Nepal
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Risk assessment
Geographic subdivision Nepal
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Water-power
Geographic subdivision Nepal
700 1# - ADDED ENTRY--PERSONAL NAME
Personal name Ogunlana, Stephen O.,
Relator term Chairperson
700 1# - ADDED ENTRY--PERSONAL NAME
Personal name Hadikusumo, Bonaventura H. W.,
Relator term Examination Committee
700 1# - ADDED ENTRY--PERSONAL NAME
Personal name Babel, Mukand Singh,
Relator term Examination Committee
710 2# - ADDED ENTRY--CORPORATE NAME
Corporate name or jurisdiction name as entry element ADB-Japan,
Relator term Scholarship donor
810 2# - SERIES ADDED ENTRY--CORPORATE NAME
Corporate name or jurisdiction name as entry element Asian Institute of Technology.
Title of a work Thesis ;
Volume/sequential designation no. CM-04-14
856 ## - ELECTRONIC LOCATION AND ACCESS
Materials specified Full-Text
Uniform Resource Identifier <a href="http://203.159.5.9/ait-thesis/detail.php?q=B09931">http://203.159.5.9/ait-thesis/detail.php?q=B09931</a>
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998 ## - LOCAL CONTROL INFORMATION (RLIN)
Operator's initials, OID (RLIN) 0
Cataloger's initials, CIN (RLIN) 040827
First date, FD (RLIN) m
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945 ## - LOCAL PROCESSING INFORMATION (OCLC)
l mnarc
945 ## - LOCAL PROCESSING INFORMATION (OCLC)
l mnarc
945 ## - LOCAL PROCESSING INFORMATION (OCLC)
l mnarc
945 ## - LOCAL PROCESSING INFORMATION (OCLC)
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Koha item type 20-AIT Publication
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      Available for Loans Asian Institute of Technology Library Asian Institute of Technology Library AIT Publications 18/08/2026 50.00   AIT Thesis no.CM-04-14 30050120684013 18/08/2026 1 18/08/2026 20-AIT Publication
      Available for Loans Asian Institute of Technology Library Asian Institute of Technology Library AIT Publications 18/08/2026 50.00   AIT Thesis no.CM-04-14 30050120728216 18/08/2026 2 18/08/2026 20-AIT Publication
      Available for Loans Asian Institute of Technology Library Asian Institute of Technology Library Archives 18/08/2026     AIT Thesis no.CM-04-14 30050160063912 18/08/2026   18/08/2026 40-Archives
      Available for Loans Asian Institute of Technology Library Asian Institute of Technology Library Archives 18/08/2026     AIT Thesis no.CM-04-14 30050120916845 18/08/2026 3 18/08/2026 20-AIT Publication
      Available for Loans Asian Institute of Technology Library Asian Institute of Technology Library Archives 18/08/2026     AIT Thesis no.CM-04-14 30050120916795 18/08/2026 4 18/08/2026 20-AIT Publication
      Available for Loans Asian Institute of Technology Library Asian Institute of Technology Library Archives 18/08/2026     AIT Thesis no.CM-04-14 30050120916837 18/08/2026 5 18/08/2026 20-AIT Publication
      Available for Loans Asian Institute of Technology Library Asian Institute of Technology Library Archives 18/08/2026 50.00   AIT Thesis no.CM-04-14 30050121003197 18/08/2026 6 18/08/2026 20-AIT Publication
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