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Number of results: 97
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Abstract

One of the main problem of innovative projects in Russian Federation is the need to assess the impact of exogenous shocks on their financing and development. The impact of this type of shock in the period of globalization is sharply increasing. In order to assess the impact of exogenous shocks on innovative projects we create a model with two stages using the innovate project of production of water purification plants. The first stage of it is the construction of a simple model of financial risk, stipulating the conditions when investors will invest in this firm in the absence of negative shocks, their expectations will depend on their own confidence in continuing investment at the next stages. This model shows a positive result. At the second stage we take into account the impact of the negative exogenous shocks on the project, and try to trace a reaction of companies involved in financing innovative projects. The results of the project were negative. The investor in this case as a rule can stop financing and has the risk of losses. In order to prevent this situation we propose to use a real option for a possible refusal to implement an innovative project in the event that the net present value after one year of financing will be negative or very small. To our opinion it is one of the best ways to reduce financial risks during the implementation of innovative projects for investors.
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Authors and Affiliations

Oksana A. Karpenko
Tatiana K. Blokhina
Elena V. Savenkova
Ghennadiy F. Abramov
Olga V. Rybakova
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Abstract

One of the contract awarding systems in public sector in Poland is the Design & Build system. In this system, a client concludes a contract agreement with only one company, a contractor, in order to carry out both design and construction of works. While deciding on this form of delivery of a public project, the client is obliged to conduct a single proceeding aiming to select the contractor. In this paper, public works contracts awarded in the D&B system in Poland are analysed, whilst attention was put on the contracting modes and assessment criteria. The results are assessed against the experience of other countries and recommended methods for selection of the Design and Build contractor.

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Authors and Affiliations

A. Leśniak
E. Plebankiewicz
K. Zima
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Abstract

This paper presents a model of scheduling of multi unit construction project based on an NP-hard permutation flow shop problem, in which the considered criterion is the sum of the costs of the works' execution of the project considering the time of the project as a constraint. It is also assumed that each job in the units constituting the project may be realized in up to three different ways with specific time and cost of execution. The optimization task relies on solving the problem with two different decision variables: the order of execution of units (permutation) and a set of ways to carry out the works in units. The task presented in the paper is performed with the use of a created algorithm which searches the space of solutions in which metaheuristic simulated annealing algorithm is used. The paper presents a calculation example showing the applicability of the model in the optimization of sub-contractors' work in the construction project.

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Authors and Affiliations

M. Podolski
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Abstract

The article presents an analysis and evaluation of the accident rate in selected European Union countries. On the basis of available statistical data, the analysis of accidents in various sectors of the European Union economy was carried out. Afterwards, a ranking of countries regarding accidents in the construction industry was developed. For the selected representative countries, analysis of changes in the indicators which characterize the accident rate during the period between 2008 and 2012 was carried out. Conclusions resulting from the conducted research were formulated.

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Authors and Affiliations

B. Hoła
M. Szóstak
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Abstract

In Poland, it often happens that construction objects are subject to demolition work for different reasons. Demolition, according the Construction Law, is defined as a type of construction works and, as such, represents a particular type of construction project. As in other construction projects, a very important phase, in addition to execution of the works, is to prepare, design and plan demolition works. Some demolition activities are covered by appropriate regulations and can be described as typical. On the other hand the technical side of demolition works depends on many factors such as: the type of building, its age, technical condition, type of construction, etc. This article covers the analysis of the stages and tasks in the preparatory phase of the building demolition. This work will also present a description of the tasks carried out during the demolition works based on the example of a historic tenement house located in Krakow. This analysis aims to identify implementation problems and sources of risk that may occur during this type of construction work.

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Authors and Affiliations

A. Sobotka
A. Radziejowska
J. Czaja
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Abstract

The article presents the use of the Mamdani fuzzy reasoning model to develop a proposal of a system controlling partnering relations in construction projects. The system input variables include: current assessments of particular partnering relation parameters, the weights of these parameters’ impact on time, cost, quality and safety of implementation of construction projects, as well as the importance of these project assessment criteria for its manager. For each of the partnering relation parameters, the project’s manager will receive controlrecommendations. Moreover, the parameter to be improved first will be indicated. The article contains a calculation example of the system’s operations.

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Authors and Affiliations

E. Radziszewska-Zielina
B. Szewczyk
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Abstract

The purpose of this paper is to explore the issue of the criteria of project success and the complexity of the subject in the context of environmental and nature conservation projects financed by European Union. The article presents various definitions of project success The article deals with definition and evaluation process of the project success as well as specific conditions of EU project management. Thematic evolution and trends in defining project success are presented through systematic review of literature on project management. The first part of the article focus on reviewing different approaches to the subject of criteria of project success, which is the crucial part of the proces. It is impossible to determine critical success factors (CSF) without deciding on the criteria of the project success. Project success definition is an important and complex project management issue. The success of the projects was considered for the last 50 years in a various ways and by different project management scholars. There is a consensus about the importance of this aspect for the project management practice. However, the project management in the context of EU-funded projects is still subject of further research, as this issue was not yet properly analyzed. The article presents the specific of the environmental and nature conservation EU-funded project judgement proces. The procedures and the scope of the formal and substantive assesment which is the part of selection procedure were described. The paper presents also how formal and substantive assesment criteria correspond with success criteria definitions created so far by the researchers. Moreover, the article analyses how existing asssesment criteria, precisely defined in EU programmes documentation and procedures, can be treated as EU project success criteria. The article presents also the most important challenges and issues in determining the set of success criteria based on assesment criteria set for regional operational programmes and Operational Programme Infrastructure and Environment for 2014–2020 programming period.

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Authors and Affiliations

Ewelina Pędziwiatr
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Abstract

The construction industry plays a major role in the boost of the country’s economy, providing basic facilities for residential and creating thousands of job opportunities. During COVID-19, the construction sectors in Sindh Pakistan was highly suffered and leading to delays in the completion of projects. As the construction sector was globally affected, building construction projects were also affected by completing the projects on estimated time and cost. Thus, this research investigates the significant factors of time and cost that affected the Hyderabad building construction projects during COVID-19 situation. Questionnaire surveys were designed to collect data from the employees working on building projects in Sindh Pakistan. The collected data was analyzed through the Average Index method. Unsafe working environment; shortage of workers; and increasing project cost was observed as significant factors that were highly affected during COVID-19. The results and findings shall be supportive for stakeholders to take into consideration of factors in the early stage of the expected pandemic situation. This research suggested that the stakeholders shall modify or amend the contract clause regarding for pandemic situation and incorporate the identified factors in the contract that should be considered by stakeholders to save the time and cost of the projects.
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Authors and Affiliations

Haseeb Haleem Shaikh
1
ORCID: ORCID
Noor Yasmin Zainun
1
ORCID: ORCID
Shabir Hussain Khahro
2
ORCID: ORCID

  1. Jamilus Research Center, Faculty of Civil Engineering & Environmental Engineering, University Tun Hussein Onn Malaysia, 86400 Parit Raja, Batu Pahat, Johor, Malaysia
  2. Department of Engineering Management, College of Engineering, Prince Sultan University, 11586, Riyadh, Saudi Arabia
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Abstract

Since the 1980s, seaport cities have been characterized by the spatiotemporal concurrence of highly modern terminals away from the city and derelict and/or sub-optimally used inner city harbours and waterfront sites. The post-Fordist city disintegrated into a polycentric fragmented structure with aggravated social confl icts between older residential areas of dockers and requirements for modern expensive waterfront condominiums. The cranes of the shipbuilders’ yards, which used to be a characteristic feature of the city silhouette and a symbol for dynamic port economies, have been dismantled, the land left derelict and contaminated. The formerly close functional and spatial relationship of port and city was relaxed from the end of the 1960s onwards and off ered opportunities for transformations. In this article different approaches for redevelopment und revitalization are discussed.

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Authors and Affiliations

Dirk Schubert
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Abstract

A comparative analysis involving the evaluation of the effectiveness of investment projects can be based on various rules indicating

selection of the most favorable decisions. The dynamic methods for assessment of investment projects discussed in this article, which

consider the possibility of modifying the predetermined investment options, are quite complex and difficult to implement. They are used

both in the construction phase of the new company, as well as in its subsequent modernization. The assessments should be characterized

by a high coefficient of the economic efficiency. The, observed in practice, high dynamic variability of both the external and internal

conditions under which the company operates is the reason why in the process of calculating the economic efficiency of investment

projects, there is a significant number of random parameters affected by high uncertainty and risk. Investments in the metallurgical

industry are characterized by a relatively long cycle of implementation and operation. These are capital-intensive projects and often

mistakenly taken investment decisions end in failure of the investment project and, consequently, in the collapse of the company. In

addition, the applied methods of risk assessment of investment projects, especially the dynamic ones, should be fully understood by

managerial staff and constitute an easy to use, yet accurate tool for improving the efficiency of the company.

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Authors and Affiliations

J. Szymszal
T. Lis
B. Gajdzik
J. Kliś
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Abstract

The transport system is considered the “backbone” of the urban development. Along with the rapid economic development, the urban road transport system is being paid attention and invested by Hanoi city. By the year 2050, The Hanoi municipal government is expected to complete and hand over for use about 317 urban road transport projects. Due to the high demands of social and economic efficiency, the urban road transport projects in Hanoi face many risks. In which, there are 13 high dangerous risks for the urban road transport project in Hanoi. These risks have the high probability and severity impacted on the outcome of the projects. The project participant’s risk management standpoint will determine the solutions to respond the respective risks, thereby affecting the results of the project. In this paper, the authors compare the risk management standpoint of three main project participants, including owner/project management board, consultant and main contractor/subcontractor. The difference of the risk management standpoint is shown clearly by the project participants’ assessments of 13 high dangerous risks.
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Authors and Affiliations

Nguyen Quoc Toan
1
ORCID: ORCID
Nguyen Thi Thuy
1
ORCID: ORCID
Dinh Tuan Hai
2
ORCID: ORCID
Pham Xuan Anh
1
ORCID: ORCID

  1. Hanoi University of Civil Engineering, Faculty of Construction Economics and Management, No. 55 Giai Phong Street, Hai Ba Trung, Hanoi, Vietnam
  2. Hanoi Architectural University, Faculty of Civil Engineering, Km 10, Nguyen Trai Street, Thanh Xuan District, Hanoi City, Vietnam
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Abstract

The main objective of the article is to present quantified and measurable risks likelihood appearance, impact and significance of inspected and monitored 48 commercial construction projects and their feasibility to be carried out. Original technical, financial and organisational feasibility studies in compliance with a rigorous Bank Investment Supervision requirements have been executed by the author in the period of 2005–2018. Methodology of construction project appraisal for financing and execution professional preparation have been laid out – technical documentation, arrangements, realisation. Analysis and assessment of Bank Investment Supervision consisted of project execution plan PEP, geotechnical and environmental conditions, permit design, agreements and decision impacts of local authorities, engineering contract for construction works, project insurance and performance bonds, schedule of execution tasks and their costs, payment plan, investment budget and project economical effectiveness, scope of monthly construction works execution assessed by Earned Value Method approach and handover procedure of construction project. An attempt was made to express numerically the relationship between risks impacts and their level of likelihood. Also, a method of associating the influence of projects risks impacts on the extent of the likelihood of project risk occurrence which makes possible to determine the direction and the strength of this relationship was presented. Finally, risks likelihood appearance, impact and significance variability of commercial construction projects within last two years of booming investment industry have been determined.

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Authors and Affiliations

J. Konior
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Abstract

The article presents the author’s considerations relating to the current and common problem of multiculturalism. Nowadays “multiculturalism” can be defined as co-existence – in the determined physical, social and political sphere as well as in a concrete historical period of time – of many ethnic groups representing different axiological and normative systems. The social created by multiplicity of ethnic groups is very often a result of migration processes which totally formed such states as Canada or Australia. The sources of the European multiculturalism were, on the one hand, the officially accepted workforce as Federal Republic of Germany, on the other one – immigration being the effect of the colonial past of such states as France, Holland or Britain. All these countries took up more or less advanced actions towards being able to deal with the deepening ethnic diversification. There appeared political project – multiculturalism.

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Authors and Affiliations

Anna Śliz
ORCID: ORCID
Marek S. Szczepański
ORCID: ORCID
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Abstract

Decision-making processes, including the ones related to ill-structured problems, are of considerable significance in the area of construction projects. Computer-aided inference under such conditions requires the employment of specific methods and tools (non-algorithmic ones), the best recognized and successfully used in practice represented by expert systems. The knowledge indispensable for such systems to perform inference is most frequently acquired directly from experts (through a dialogue: a domain expert - a knowledge engineer) and from various source documents. Little is known, however, about the possibility of automating knowledge acquisition in this area and as a result, in practice it is scarcely ever used. lt has to be noted that in numerous areas of management more and more attention is paid to the issue of acquiring knowledge from available data. What is known and successfully employed in the practice of aiding the decision-making is the different methods and tools. The paper attempts to select methods for knowledge discovery in data and presents possible ways of representing the acquired knowledge as well as sample tools (including programming ones), allowing for the use of this knowledge in the area under consideration.

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Authors and Affiliations

J. Szelka
Z. Wrona
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Abstract

The paper presents a method of priority scheduling that is useful during the planning of multiple-structure construction projects. This approach is an extension of the concept of interactive scheduling. In priority scheduling, it is the planner that can determine how important each of the technological and organisational constraints are to them. A planner's preferences can be defined through developing a ranking list that defines which constraints are the most important, and those whose completion can come second. The planner will be able to model the constraints that appear at a construction site more flexibly. The article presents a general linear programming model of the planning of multiple-structure construction projects, as well as various values of each of the parameters that allow us to obtain different planning effects. The proposed model has been implemented in a computer program and its effectiveness has been presented on a calculation example.

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Authors and Affiliations

E. Radziszewska-Zielina
B. Sroka
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Abstract

The model concept, as presented in this paper, is an original solution created by the author, and can be used as a proposal to build an innovative mechanism to increase the effectiveness of programming and implementation of the development policy, and improve the quality of functioning of a building research institute. The development management system included in this model is a set of actions targeting at the effective use of human and tangible resources, undertaken in a coordinated manner and leading to the achievement of previously established objectives. The market activity of building research institutes is directly or indirectly involved in construction projects, which translates into market mechanisms, such as innovation and competitiveness. In addition, it indicates the participation of a building research institute in the engineering of construction projects as a key to entrepreneurship and implementations.

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Authors and Affiliations

Marcin M. Kruk
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Abstract

The paper presents the long-term project “Online Dictionary of Surnames in Germany” (“Digitales Familiennamenwörterbuch, DFD”), its conception, main objectives, and its technical realisation. By means of representative examples, the paper depicts how the project works along the categories of conflation, validation, specification or revision of etymologies so far proposed in standard references and the development of new ones. Exploiting new digital resources — especially with the help of new findings in surname geography, the surname stock can be captured and analysed all-encompassing and systematically.

Surnames of foreign origin like English, French, Italian, Slavic, Baltic or Turkish are also considered. The importance of Slavic roots in German surnames is exemplified by the name Novak (‛new settler’) which ranks position 156 in the total frequency of German surnames. The article’s outlook discusses the importance and possibilities for future cooperation with surname projects in other countries like Poland, with a long-term perspective for a European network of surname dictionaries.

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Authors and Affiliations

Rita Heuser
Andrea Scheller
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Abstract

When a certain Buddhist monk was once setting out on a long, difficult journey, he chose as his traveling companion a servant who was known for having a rebellious and quarrelsome nature. When asked why, he replied that he wanted to practice patience and humility. One might say that the three years when I headed the international CHIHE project were a similar lesson in virtues.

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Authors and Affiliations

Renata J. Romanowicz
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Abstract

The paper presents a new second-cycle Electronics and Telecommunications study program that has been running in Lodz University of Technology since 2020. The concept of the program uses the Project Based Learning approach and it is based on three main projects implemented throughout the curriculum. The inspiration was the programs of three foreign universities and extensive research of various groups of stakeholders. The initial evaluation of the program first semester proves high acceptance and satisfaction of the students.
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Authors and Affiliations

Ewa Raj
1
Krzysztof Tomalczyk
2

  1. Department of Semiconductor and Optoelectronic Devices, Lodz University of Technology, Poland
  2. Institute of Electronics, Lodz University of Technology, Poland
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Abstract

The collapse of the Soviet Union was the cause of a significant decline in many economies of the newly created countries. However, many of them, including the Ukrainian economy, are slowly recovering. One of the largest branches of the economy in this country is construction, which, despite political turmoil, is constantly growing, especially in the private real estate development sector. Despite the fact that the construction market is constantly developing, it is limited by the costs of rework and alterations resulting from many reasons. The key negative effects of modifications to the results of the project are exceeding the budget and time of project implementation, dissatisfaction with the project team, violation of contractual requirements and lowering the quality of the final product. Therefore, the purpose of this article was to determine the reasons for the emergence of rework in the in Ukraine by analyzing the results of surveys conducted among construction enterprises.

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Authors and Affiliations

B. Trach
K. Pawluk
M. Lendo-Siwicka
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Abstract

Waste or additional costs in infrastructure projects such as jetty projects are often caused by rework. Besides having an impact on costs, rework is also a very significant contributor to waste or adding time which causes delays in the completion schedule of the project. A lot of research on rework has been carried out on both building and road construction projects, but there is no jetty construction project. This study aims to develop improvement scenarios to minimize the emergence of rework on pier infrastructure projects by modelling and simulating cost performance. The research variables were obtained based on the results of a literature study by asking for opinions from experts who are compatible in their scope. The initial model used the causal loop diagram form which was later developed into a Stock Flow Diagram, after which a repair simulation was carried out using the dynamic system method to determine the effect on cost performance. From the research results obtained 14 factors that affect the cost and time performance on the jetty project, the implementation of a dynamic system can provide the optimum solution with the ability to reduce the percentage of the number of reworks by 24.12% for 12 months.
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Authors and Affiliations

Agung Prihantoro
1
ORCID: ORCID
Albert Eddy Husin
1
ORCID: ORCID

  1. Universitas Mercu Buana, Department of Civil Engineering, Jakarta Barat 11650, Indonesia
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Abstract

A large portion of the credits and financial resources of countries is spent on the preparation and construction of building projects because their implementation would create housing, job opportunities, financial turnover, and economic prosperity. At present, many construction projects are under construction in developing countries, and most of these projects are facing rising costs. The local scope of this research is construction projects in Yazd city. This research is operational in terms of purpose and was carried out in a descriptive and survey manner with an analytical-mathematical method. Data collection was done by documentary and survey methods. The Statistical Society consisted of 150 managers and officials, contractors, and actors involved in construction projects. Data analysis by hierarchical analysis technique showed that the criterion of management factors with a weight of 0.582 has the highest priority in increasing building costs. The criterion of environmental factors with a weight of 0.309 is at the second priority. The criterion of legal and administrative factors with a weight of 0.109 is in the third priority. Therefore, a key element in increasing the cost of construction projects in the under-studied city is the management factor that can be reduced by establishing new management systems and improving the quality of construction projects.
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Bibliography


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Authors and Affiliations

Seyedkazem Seyedebrahimi
1
Alireza Mirjalili
1
Abolfazl Sadeghian
2

  1. Department of Civil Engineering, Yazd Branch, Islamic Azad University, Yazd , Iran
  2. Department of Management, Yazd Branch, Islamic Azad University, Yazd, Iran
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Abstract

The Randomized Earned Value Method enable to control the time and cost of works during the implementation of a construction project. The method allows to assess the compliance of the current advancement in time and actually incurred costs with the adopted plan. It also allows to predict the date and amount of the project completion costs. Individual assessment indicators (BCWS, BCWP, ACWP) are calculated after the ongoing control of the progression of works. In the case of randomly changing of implementation conditions, the calculated in this way values of the indicators may be unacceptable because of overlarge differences in comparison to actual values. Therefore, it is proposed an EVM enhancement and additional risk conditions analysis. In this approach data from the quantity survey of works are randomized based on analysis of variations between actually measured and planned values of duration and cost of implemented works. It is estimated the randomized values of individual indicators after successive controls of the progress of works. After each project advancement control the duration and cost of the works that remain to be performed are estimated. Moreover, new verified overall time and total cost of the project implementation are also estimated. After the last inspection, randomized values of the final date and total cost of completion of the project are calculated, as well as randomized values of time extension and total cost overrun. Of course, for randomized values, standard deviations of individual quantities are calculated. Therefore, the risk of time and the risk of cost of the project implementation are presented in the risk charts. The proposed approach provides a better assessment of the progress of works under risk conditions. It is worth to add that the method does not require significant changes to the typical construction management process, however, it ensures realistic consideration of the influence of random factors on the course and results of individual works and the entire project.
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Authors and Affiliations

Tadeusz Kasprowicz
1
ORCID: ORCID
Anna Starczyk-Kołbyk
1
ORCID: ORCID

  1. Military University of Technology, Faculty of Civil Engineering and Geodesy, ul. gen. Sylwestra Kaliskiego 2, 00–908 Warsaw, Poland

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