Claim Simulation A case study in Piping Projects

Saeed Raeisi, Morteza Bagherpour

Abstract


Claims management is one of the most important challenges in mega projects and normally included with many financial losses. Effects of probabilistic claims clearly state a need for a comprehensive model to analyze claim risks in projects. In the present research, list of frequent claims are identified in a piping project (from contractor point of view). Then based on risk types, probabilistic claims are evaluated by questionnaire aimed at calculation of probability percentage and also probability of success. The questionnaires were distributed among experienced managers active in oil and gas piping project. In order to determine reliability of questionnaire, statistical test of internal consistency coefficient (Cronbach's alpha) was applied and the obtained probabilities and the relevant impacts were obtained 0.766 and 0.709, respectively.

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