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ISJ Theoretical & Applied Science 11(19) 2014

ISPC European Science and Technology, Southampton, United Kingdom

* Scientific Article * Scientific Article * Scientific Article * Scientific Article *
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Lalomov DA, Kovalenko GV

USING THE RISKYPROJECT SOFTWARE WHEN CALCULATING THE RISK APPROACH BASED COST EFFECTIVENESS OF ENGINEERINGGEOPHYSICAL WORKS.

Impact Factor 1.500

Full Article: PDF

Digital Object Identifier System: http://dx.doi.org/10.15863/TAS.2014.11.19.4

Language: English.

Citation: Lalomov DA, Kovalenko GV (2014) USING THE RISKYPROJECT SOFTWARE WHEN CALCULATING THE RISK APPROACH BASED COST EFFECTIVENESS OF ENGINEERINGGEOPHYSICAL WORKS. ISJ Theoretical & Applied Science 11 (19): 16-19. doi: http://dx.doi.org/10.15863/TAS.2014.11.19.4

Pages: 16-19

Published: 30.11.2014

Abstract: Engineering geophysics is a science focused on studying geological environment surrounding engineering constructions. In some cases, results of engineering surveys are of a probabilistic nature and can hardly be economically evaluated using standard procedures. Intaver Institute has created an algorithm of evaluating project risks' impact in their RiskyProject software. This algorithm enables us to evaluate cost effectiveness of engineering surveys using the risk approach.

Key words: Engineering geophysics; cost effectiveness; quantitative risk analysis; risk management; engineering survey; design; construction; risk-based approach.


 

 

 

 

 

 

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