A generic risk matrix is presented for use identifying and assessing project risks quickly and cost effectively. It assists project managers with few resources to perform project risk analysis. The generic risk matrix (GRM) contains a broad set of risks that are categorized and ranked according to their potential impact and probability of occurrence. The matrix assists PMs in quickly identifyin...

This paper examines a firm’s investment intensity and timing decisions using a real options approach. The firm is endowed with a perpetual option to invest in a project at any time by incurring an irreversible investment cost at that instant. The amount of the irreversible investment cost determines the intensity of investment with decreasing returns to scale. The project generates a stream of ...

this study was aimed at developing a method for measuring the relationship between intellectual capital and project manager competencies. intellectual capital consist human capital, structural capital and relational capital. project manager competencies have been evaluated based on ipma competence baseline (icb) and project manager competency development framework (pmcdf) includes knowledge, sk...

Abstract Project management in construction industry, in many cases, is imperfect with respect to the integration of Occupational Health and Safety (OHS) risks. This imperfection exhibits itself as complications affecting the riskiness of industrial procedures and is illustrated usually by poor awareness of OHS within project teams. Difficulties on OHS regularly came about in the construction i...

The paper reports on the work in the case study of the ACTIVE project on the use of the combination of knowledge process learning, articulation and sharing technologies for increasing the performance and decreasing the ramp-up efforts in engineering design projects. This knowledge is mined from distributed heterogeneous datasets, fused, and further used for visualizing design project plan infor...

projects scheduling by the project portfolio selection, something that has its own complexity and its flexibility, can create different composition of the project portfolio. an integer programming model is formulated for the project portfolio selection and scheduling.two heuristic algorithms, genetic algorithm (ga) and simulated annealing (sa), are presented to solve the problem. results of cal...

Project management office (PMO) is a new emerging concept in Iranian construction industry. Executives expect this organizational unit to add value to the business, and meet the demands of stakeholders by performing specialized tasks ranging from providing project management support to portfolio management. In this regard, PMO managers have long faced the question of how to improve the performa...