THE PRICE OF RISK IN CONSTRUCTION PROJECTS

作者: Samuel Laryea , Will Hughes

DOI:

关键词: Discount pointsFinanceBusinessBiddingContingencyApportionmentActuarial sciencePrice of risk

摘要: Construction projects are risky. However, in practice, contractors may be unable or unwilling to make appropriate allowances for the risk. Formal risk models that can incorporate into bidding process have proliferated recent years but they not used practice. Introducing more may, therefore, necessarily help. A better understanding is needed of how arrive at a price, and price influenced by apportionment This question starting point an ethnographic investigation risks. The purpose develop model assessing opportunity construction contingency allocation reward sense. As risks spread, building up will generally smaller than impact Price

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