A Method of Optimizing a Set of Programs for Mitigating Threats Related to the Undertaking of a Contract for the Execution of Construction Works

This article deals with the problem of limiting the risk of taking up a construction contract for the execution of construction works. The authors have developed an advisory system that will support the analysis of threats on the basis of existing experiences for a specific activity without having t...

Descripción completa

Guardado en:

Detalles Bibliográficos
Autores principales:	Katarzyna Budek-Wiśniewska, Roman Marcinkowski
Formato:	article
Lenguaje:	EN
Publicado:	MDPI AG 2021
Materias:	risk construction process construction contracts optimization risk reduction Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350
Acceso en línea:	https://doaj.org/article/445c6ea8c4c6489dba4bd31cb5a941e0
Etiquetas:	Agregar Etiqueta Sin Etiquetas, Sea el primero en etiquetar este registro!

id	oai:doaj.org-article:445c6ea8c4c6489dba4bd31cb5a941e0
record_format	dspace
spelling	oai:doaj.org-article:445c6ea8c4c6489dba4bd31cb5a941e02021-11-11T19:51:11ZA Method of Optimizing a Set of Programs for Mitigating Threats Related to the Undertaking of a Contract for the Execution of Construction Works10.3390/su1321123092071-1050https://doaj.org/article/445c6ea8c4c6489dba4bd31cb5a941e02021-11-01T00:00:00Zhttps://www.mdpi.com/2071-1050/13/21/12309https://doaj.org/toc/2071-1050This article deals with the problem of limiting the risk of taking up a construction contract for the execution of construction works. The authors have developed an advisory system that will support the analysis of threats on the basis of existing experiences for a specific activity without having to construct an individualized organizational model of an investment. In order to identify a relatively complete set of threats that occur in investment and construction processes in road construction investments, as well as to identify possible programs of their reduction, a model and a method of optimizing programs for reducing risks related to contracts was developed. Threats are considered to be possible events that take place during the preparation, implementation and settlement of any contract. The programs concern specific actions that can be taken in relation to specific threats. Every program contains a set of threats that will be limited as a result of its execution and also has a specific implementation cost. The aim of the proposed optimization is to determine, with regard to costs, a combination of risk reduction programs that is appropriate for the risk states that are accepted by a decision maker. The problem is solved using graph theory and a minimum cover determination algorithm with the use of the minimum alternative formula (<i>mfa</i>) of the Boolean function. A method of actively responding to identified threats during the implementation of a construction contract should take the form of an advisory system that will provide an answer as to what risks should be taken into account when undertaking a contract, as well as what actions can be taken to reduce these risks.Katarzyna Budek-WiśniewskaRoman MarcinkowskiMDPI AGarticleriskconstruction processconstruction contractsoptimizationrisk reductionEnvironmental effects of industries and plantsTD194-195Renewable energy sourcesTJ807-830Environmental sciencesGE1-350ENSustainability, Vol 13, Iss 12309, p 12309 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	risk construction process construction contracts optimization risk reduction Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350
spellingShingle	risk construction process construction contracts optimization risk reduction Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350 Katarzyna Budek-Wiśniewska Roman Marcinkowski A Method of Optimizing a Set of Programs for Mitigating Threats Related to the Undertaking of a Contract for the Execution of Construction Works
description	This article deals with the problem of limiting the risk of taking up a construction contract for the execution of construction works. The authors have developed an advisory system that will support the analysis of threats on the basis of existing experiences for a specific activity without having to construct an individualized organizational model of an investment. In order to identify a relatively complete set of threats that occur in investment and construction processes in road construction investments, as well as to identify possible programs of their reduction, a model and a method of optimizing programs for reducing risks related to contracts was developed. Threats are considered to be possible events that take place during the preparation, implementation and settlement of any contract. The programs concern specific actions that can be taken in relation to specific threats. Every program contains a set of threats that will be limited as a result of its execution and also has a specific implementation cost. The aim of the proposed optimization is to determine, with regard to costs, a combination of risk reduction programs that is appropriate for the risk states that are accepted by a decision maker. The problem is solved using graph theory and a minimum cover determination algorithm with the use of the minimum alternative formula (<i>mfa</i>) of the Boolean function. A method of actively responding to identified threats during the implementation of a construction contract should take the form of an advisory system that will provide an answer as to what risks should be taken into account when undertaking a contract, as well as what actions can be taken to reduce these risks.
format	article
author	Katarzyna Budek-Wiśniewska Roman Marcinkowski
author_facet	Katarzyna Budek-Wiśniewska Roman Marcinkowski
author_sort	Katarzyna Budek-Wiśniewska
title	A Method of Optimizing a Set of Programs for Mitigating Threats Related to the Undertaking of a Contract for the Execution of Construction Works
title_short	A Method of Optimizing a Set of Programs for Mitigating Threats Related to the Undertaking of a Contract for the Execution of Construction Works
title_full	A Method of Optimizing a Set of Programs for Mitigating Threats Related to the Undertaking of a Contract for the Execution of Construction Works
title_fullStr	A Method of Optimizing a Set of Programs for Mitigating Threats Related to the Undertaking of a Contract for the Execution of Construction Works
title_full_unstemmed	A Method of Optimizing a Set of Programs for Mitigating Threats Related to the Undertaking of a Contract for the Execution of Construction Works
title_sort	method of optimizing a set of programs for mitigating threats related to the undertaking of a contract for the execution of construction works
publisher	MDPI AG
publishDate	2021
url	https://doaj.org/article/445c6ea8c4c6489dba4bd31cb5a941e0
work_keys_str_mv	AT katarzynabudekwisniewska amethodofoptimizingasetofprogramsformitigatingthreatsrelatedtotheundertakingofacontractfortheexecutionofconstructionworks AT romanmarcinkowski amethodofoptimizingasetofprogramsformitigatingthreatsrelatedtotheundertakingofacontractfortheexecutionofconstructionworks AT katarzynabudekwisniewska methodofoptimizingasetofprogramsformitigatingthreatsrelatedtotheundertakingofacontractfortheexecutionofconstructionworks AT romanmarcinkowski methodofoptimizingasetofprogramsformitigatingthreatsrelatedtotheundertakingofacontractfortheexecutionofconstructionworks
_version_	1718431404668223488

A Method of Optimizing a Set of Programs for Mitigating Threats Related to the Undertaking of a Contract for the Execution of Construction Works

Ejemplares similares