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Cited by 374

The DOI matches its Crossref record; 25 of the 25 references it cites were found in a registry or an index.

Using fuzzy risk assessment to rate cost overrun risk in international construction projects

Open access
Dikmen, Irem, Birgonul, M. Talat, Han, Sedat·2007·International Journal of Project Management
DOI 10.1016/j.ijproman.2006.12.002
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Abstract

Abstract Determination of an appropriate mark-up while bidding for international construction projects is a critical decision. Level of mark-up is a function of risks associated with a project. Construction companies may benefit from a tool that helps them to assess the level of risk so that they can determine an appropriate mark-up. The aim of this paper is to propose a fuzzy risk assessment methodology for international construction projects and develop a tool to implement the proposed methodology. The proposed methodology uses the influence diagramming method for construction of a risk model and a fuzzy risk assessment approach for estimating a cost overrun risk rating. A computerized system has been developed for an international construction company and applicability of this system during risk assessment at the bidding stage has been tested by using real company and project information. Although the developed tool is company-specific, similar tools may be developed for other companies using the same methodology and expert judgments that reflect different company objectives and risk policies.

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Metadata

Authors
Dikmen, I., Birgonul, M. T., & Han, S.
Venue
International Journal of Project Management
Publisher
Elsevier BV
Published
2007-07
Volume
25
Issue
5
Pages
494-505
ISSN
0263-7863 (ISSN-L)
DOI
10.1016/j.ijproman.2006.12.002
OpenAlex
W2022926672
Cited by
374
References
25
FWCI
17.17
Type
journal article
Language
en
Open access
green

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CoChat. (2026). Citation check: Using fuzzy risk assessment to rate cost overrun risk in international construction projects. https://app.cochat.ai/papers/10.1016/j.ijproman.2006.12.002
The paper
Dikmen, I., Birgonul, M. T., & Han, S. (2007). Using fuzzy risk assessment to rate cost overrun risk in international construction projects. International Journal of Project Management. https://doi.org/10.1016/j.ijproman.2006.12.002

Data sources

Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.