Supply Chain Risk Assessment and Mitigation Approaches for Small-Sized Road Construction Projects

Sugathadasa, P. T. R. S.; Herath, Renuka.; Thibbotuwawa, Amila

doi:10.4038/engineer.v54i3.7458

Cited by 2 publications

(1 citation statement)

References 7 publications

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“…e literature [13] analyzes the internal and external environment of the overseas infrastructure model, which is classified into macro risks, medium risks, and micro risks. e external risks of the project are macro risks, the internal risks in project implementation are medium risks and the project benefits.…”

Section: Related Workmentioning

confidence: 99%

Analysis of Risk Assessment of Overseas Infrastructure Projects Integrating BP-ANN Algorithm

Zhou

2022

Security and Communication Networks

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In order to improve the risk assessment effect of infrastructure projects, this paper combines the BP-ANN algorithm to conduct risk assessment and analysis of overseas infrastructure projects to avoid the problem of slow learning and speed up network learning. Moreover, this paper normalizes the input value, and redefines the concept of risk on the basis of previous research. In addition, this paper sets up to record the basic information and risk-related information of the project. In order to verify the effectiveness of the algorithm, this paper predicts the training data, test data, and verification data, respectively, to verify the effectiveness of the algorithm, and collects existing overseas infrastructure project cases as samples to perform the simulation experiments. The experimental study shows that the risk assessment model of overseas infrastructure projects that integrates the BP-ANN algorithm proposed in this paper has a good risk analysis effect.

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Section: Related Workmentioning

confidence: 99%

Analysis of Risk Assessment of Overseas Infrastructure Projects Integrating BP-ANN Algorithm

Zhou

2022

Security and Communication Networks

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Modelling of critical success factors to improve the supply chain resilience for sustainable construction sector

Singh,

Dixit,

Ashish

2024

SASBE

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PurposeThe construction industry has an intricate and constantly evolving supply chain (SC) that includes multiple stakeholders and processes. Enhancing SC resilience (SCR) is essential for promoting industry expansion and competitiveness. The SCR has attracted considerable interest because of the increasing worldwide challenges and threats facing SCs. This study introduces a conceptual framework for recognizing and classifying resilient supply chains’ critical success factors (CSFs) in sustainable construction.Design/methodology/approachThis research employs a sequential mixed-methods approach, combining qualitative and quantitative analyses. Initially, an extensive literature review and expert consultations were conducted to identify potential CSFs. The fuzzy decision-making trial and evaluation laboratory (DEMATEL) method was then applied to classify these CSFs into cause-and-effect groups. To further analyse the interrelationships among the CSFs, interpretive structural modelling (ISM) was utilised, establishing a hierarchical framework. This integrated methodology provides a comprehensive understanding of the CSFs’ relative importance and their driving and dependence power, facilitating targeted interventions for enhancing supply chain resilience in the construction sector.FindingsThis integrated methodology establishes a hierarchical ranking of CSFs across five levels by revealing their causal interrelationships. The study addresses crucial SCR issues and provides actionable insights. The 17 finalized CSFs have 12 causal and five effect factors. The “safety measures and guidelines” have the highest driving potential, whereas the “availability of standardized materials/equipment” and “skilled human resources” depend highly on causal CSFs. The findings will offer a detailed perspective to narrow the gap between unsustainability and sustainability by enhancing the resilience of CSC.Practical implicationsIt offers a pragmatic framework for allocating resources and efforts to enhance the resilience of construction supply chains (CSCs). Policymakers can also use this study to create a more resilient SC for sustainable construction.Originality/valueThis study uniquely identifies and evaluates CSFs for SCR in the construction industry, providing a novel analysis of their driving power, dependence power and ranking. No previous studies have demonstrated such a comprehensive evaluation.

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Supply Chain Risk Assessment and Mitigation Approaches for Small-Sized Road Construction Projects

Cited by 2 publications

References 7 publications

Analysis of Risk Assessment of Overseas Infrastructure Projects Integrating BP-ANN Algorithm

Analysis of Risk Assessment of Overseas Infrastructure Projects Integrating BP-ANN Algorithm

Modelling of critical success factors to improve the supply chain resilience for sustainable construction sector

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