Contingency estimation for construction projects through risk analysis : (Record no. 22792)
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| 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> |
| 907 ## - LOCAL DATA ELEMENT G, LDG (RLIN) | |
| a | .b11937993 |
| b | mnait |
| c | u |
| 902 ## - LOCAL DATA ELEMENT B, LDB (RLIN) | |
| a | 250317 |
| 998 ## - LOCAL CONTROL INFORMATION (RLIN) | |
| Operator's initials, OID (RLIN) | 0 |
| Cataloger's initials, CIN (RLIN) | 040827 |
| First date, FD (RLIN) | m |
| -- | a |
| -- | u |
| -- | 0 |
| 945 ## - LOCAL PROCESSING INFORMATION (OCLC) | |
| l | mnait |
| 945 ## - LOCAL PROCESSING INFORMATION (OCLC) | |
| l | mnait |
| 945 ## - LOCAL PROCESSING INFORMATION (OCLC) | |
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| 945 ## - LOCAL PROCESSING INFORMATION (OCLC) | |
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| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Koha item type | 20-AIT Publication |
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| Withdrawn status | Lost status | Damaged status | Not for loan | Home library | Current library | Shelving location | Date acquired | Cost, normal purchase price | Total checkouts | Full call number | Barcode | Date last seen | Copy number | Price effective from | Koha item type |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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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