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Conference Paper: Cost risk management in West Rail project of Hong Kong

TitleCost risk management in West Rail project of Hong Kong
Authors
Issue Date2004
PublisherAACE International. The Journal's web site is located at http://www.aacei.org
Citation
The 48th AACE International Annual Meeting, Washington DC, United States, 13-16 June 2004. In AACE International Transactions, 2004, p. INT.09.1-INT.09.5 How to Cite?
AbstractA case study on risk management practise in the West Rail Project of Hong Kong was conducted. Price escalations of construction resources such as material, equipment, and labor were first considered, because the cost of these resources determine the direct cost of the whole project. Management factors covered main risk factors concerning project cost management, and inaccurate cost budget, supplier or subcontractor's default have a high impact on project cost performance. For the process of risk identification, analysis and response, risk management procedures were applied in the management decisions during project management.
Persistent Identifierhttp://hdl.handle.net/10722/81922
ISSN
References

 

DC FieldValueLanguage
dc.contributor.authorHua, Cen_HK
dc.contributor.authorGuilin, Hen_HK
dc.contributor.authorPoon, SWen_HK
dc.contributor.authorNg, FFen_HK
dc.date.accessioned2010-09-06T08:23:28Z-
dc.date.available2010-09-06T08:23:28Z-
dc.date.issued2004en_HK
dc.identifier.citationThe 48th AACE International Annual Meeting, Washington DC, United States, 13-16 June 2004. In AACE International Transactions, 2004, p. INT.09.1-INT.09.5en_HK
dc.identifier.issn1528-7106en_HK
dc.identifier.urihttp://hdl.handle.net/10722/81922-
dc.description.abstractA case study on risk management practise in the West Rail Project of Hong Kong was conducted. Price escalations of construction resources such as material, equipment, and labor were first considered, because the cost of these resources determine the direct cost of the whole project. Management factors covered main risk factors concerning project cost management, and inaccurate cost budget, supplier or subcontractor's default have a high impact on project cost performance. For the process of risk identification, analysis and response, risk management procedures were applied in the management decisions during project management.en_HK
dc.languageengen_HK
dc.publisherAACE International. The Journal's web site is located at http://www.aacei.orgen_HK
dc.relation.ispartofAACE International Transactionsen_HK
dc.titleCost risk management in West Rail project of Hong Kongen_HK
dc.typeConference_Paperen_HK
dc.identifier.emailPoon, SW:swpoon@hkucc.hku.hken_HK
dc.identifier.emailNg, FF:hrrbnff@hku.hken_HK
dc.identifier.authorityPoon, SW=rp01017en_HK
dc.identifier.authorityNg, FF=rp01014en_HK
dc.description.naturelink_to_subscribed_fulltext-
dc.identifier.scopuseid_2-s2.0-11944259149en_HK
dc.identifier.hkuros94559en_HK
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-11944259149&selection=ref&src=s&origin=recordpageen_HK
dc.identifier.spageINT.09.1en_HK
dc.identifier.epageINT.09.5en_HK
dc.publisher.placeUnited Statesen_HK
dc.description.otherThe 48th AACE International Annual Meeting, Washington DC, United States, 13-16 June 2004. In AACE International Transactions, 2004, p. INT.09.1-INT.09.5-
dc.identifier.scopusauthoridHua, C=16555007600en_HK
dc.identifier.scopusauthoridGuilin, H=6507107707en_HK
dc.identifier.scopusauthoridPoon, SW=7102884280en_HK
dc.identifier.scopusauthoridNg, FF=7103125640en_HK

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