BLCN28002 - Construction Risk Management

Assignment Task

1. Search the literature relevant to risk analysis techniques: 1) system dynamics; 2) analytical hierarchy process; 3) structural equation modelling; 4) Bayesian belief network. Reliable literature includes journal articles and books. For each risk analysis technique, please describe its function and use and discuss its advantages and disadvantages with critical thinking. Use relevant references to support your arguments.

2. You are preparing your portfolio for a job application as Construction Risk Manager. Please describe how you support your construction clients to better understand the risk analysis results and incorporate them into the business strategy.

3. You are recommended to use EndNote to record your references and literature, insert the in-text citations, and automatically generate the reference list at the end of your report.

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