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Identifying Key Risks In Construction Projects: Life Cycle And Stakeholder Perspectives
Managing risks in construction projects has been recognised as a very important management process in order to achieve the project objectives in terms of time, cost, quality, safety and environmental sustainability. However, until now most research has focused on some aspects of construction risk management rather than using a systematic...
Key Factors In e-Government Information System Security
This paper investigates the key drivers and key inhibitors from an Information System IS Security and Business Continuity Management BCM perspective. The research was conducted using a forum with personnel from nine government agencies with follow-up interviews with personnel from a further few agencies. The paper identifies key issues across...
Decision Support Through Knowledge Management: An Empirical Examination Of Two Strategies
This paper reports the results of an empirical examination of the effectiveness of two knowledge management strategies codification and personalisation in improving decision making performance in a simulated forecasting task. Codification was manipulated with and without a procedural knowledge map, and personalisation in terms of an interactive and non-interactive decision...
Insurance and Asset Pricing in Incomplete Markets With Heavy Tailed Risks
A model for pricing risks in incomplete markets using prices for traded assets and allowing for heavy tailed risks is developed. The approach used is based on an approximation that collapses to the CAPM for multi normal portfolios. The pricing result is derived as an approximation using elliptical distributions and...
On Tail Conditional Variance and Tail Covariances
This paper examines the tail conditional variance of a risk X defined to be the variability of the risk along its right tail and tail covariance of two risks X1 and X2 defined to explain the linear dependency of the risks along their right tails, and study their potential use...
National Emissions Trading: Key Design Issues and Complementary Policies for Promoting Energy Efficiency, Infrastructure Investment and Innovation
This white paper article discusses some of the possible limitations with emissions trading, and the potential for appropriate scheme design choices and complementary policy measures to compensate for these. It reveals the key design questions for emissions trading schemes include coverage and permit allocation. In particular, the challenges faced by...
Building a Knowledge-Based Strategy: A System Dynamics Model for Allocating Value Adding Capacity
This paper reports on a project which integrates the pioneering work on 'intangible assets' with system dynamics based human capital modeling undertaken for the Australian Federal Public Service by the UNSW Centre for Business Dynamics. The project aims to create a dynamic 'management flight simulator' which helps managers understand better...
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