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Conference Paper: Cost risk management in West Rail project of Hong Kong
Title | Cost risk management in West Rail project of Hong Kong |
---|---|
Authors | |
Issue Date | 2004 |
Publisher | AACE 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? |
Abstract | A 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 Identifier | http://hdl.handle.net/10722/81922 |
ISSN | 2019 SCImago Journal Rankings: 0.125 |
References |
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Hua, C | en_HK |
dc.contributor.author | Guilin, H | en_HK |
dc.contributor.author | Poon, SW | en_HK |
dc.contributor.author | Ng, FF | en_HK |
dc.date.accessioned | 2010-09-06T08:23:28Z | - |
dc.date.available | 2010-09-06T08:23:28Z | - |
dc.date.issued | 2004 | en_HK |
dc.identifier.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 | en_HK |
dc.identifier.issn | 1528-7106 | en_HK |
dc.identifier.uri | http://hdl.handle.net/10722/81922 | - |
dc.description.abstract | A 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.language | eng | en_HK |
dc.publisher | AACE International. The Journal's web site is located at http://www.aacei.org | en_HK |
dc.relation.ispartof | AACE International Transactions | en_HK |
dc.title | Cost risk management in West Rail project of Hong Kong | en_HK |
dc.type | Conference_Paper | en_HK |
dc.identifier.email | Poon, SW:swpoon@hkucc.hku.hk | en_HK |
dc.identifier.email | Ng, FF:hrrbnff@hku.hk | en_HK |
dc.identifier.authority | Poon, SW=rp01017 | en_HK |
dc.identifier.authority | Ng, FF=rp01014 | en_HK |
dc.description.nature | link_to_subscribed_fulltext | - |
dc.identifier.scopus | eid_2-s2.0-11944259149 | en_HK |
dc.identifier.hkuros | 94559 | en_HK |
dc.relation.references | http://www.scopus.com/mlt/select.url?eid=2-s2.0-11944259149&selection=ref&src=s&origin=recordpage | en_HK |
dc.identifier.spage | INT.09.1 | en_HK |
dc.identifier.epage | INT.09.5 | en_HK |
dc.publisher.place | United States | en_HK |
dc.description.other | 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 | - |
dc.identifier.scopusauthorid | Hua, C=16555007600 | en_HK |
dc.identifier.scopusauthorid | Guilin, H=6507107707 | en_HK |
dc.identifier.scopusauthorid | Poon, SW=7102884280 | en_HK |
dc.identifier.scopusauthorid | Ng, FF=7103125640 | en_HK |
dc.identifier.issnl | 1528-7106 | - |