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Practices, barriers and benefits of risk management process in building services costs estimation: comment

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  • Peter Edwards
  • Paul Bowen

Abstract

This note is a comment on Mok, C.K., Rao Tummala, V.M. and Leung, H.M. (1997) Practices, barriers and benefits of risk management process in building services cost estimation, Construction Management and Economics, 15 (2), 161-75, which describes research into the risk perceptions and risk management practices of building services engineers in Hong Kong. The note questions statements made in the paper and parts of the research design and data analyses.

Suggested Citation

  • Peter Edwards & Paul Bowen, 1998. "Practices, barriers and benefits of risk management process in building services costs estimation: comment," Construction Management and Economics, Taylor & Francis Journals, vol. 16(1), pages 105-108.
    • Handle: RePEc:taf:conmgt:v:16:y:1998:i:1:p:105-108
    DOI: 10.1080/014461998372646
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    References listed on IDEAS

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    1. C. K. Mok & V.M. Rao Tummala & H. M. Leung, 1997. "Practices, barriers and benefits of risk management process in building services cost estimation," Construction Management and Economics, Taylor & Francis Journals, vol. 15(2), pages 161-175.
    2. Kwong Wing Chau, 1997. "Monte Carlo simulation of construction costs using subjective data: response," Construction Management and Economics, Taylor & Francis Journals, vol. 15(1), pages 109-115.
    3. David Wall, 1997. "Distributions and correlations in Monte Carlo simulation," Construction Management and Economics, Taylor & Francis Journals, vol. 15(3), pages 241-258.
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    Cited by:

    1. C. Y. Yiu & C. S. Tam, 2006. "Rational under-pricing in bidding strategy: a real options model," Construction Management and Economics, Taylor & Francis Journals, vol. 24(5), pages 475-484.
    2. Joe Wong & Eddie Hui, 2006. "Construction project risks: further considerations for constructors' pricing in Hong Kong," Construction Management and Economics, Taylor & Francis Journals, vol. 24(4), pages 425-438.

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