Options in Construction Decisions Under Uncertainty

Key Points

• The aim is to explore the impact of uncertainty on construction decisions and identify strategies to manage risks effectively.
• Literature review on existing decision-making frameworks
• Analysis of case studies in construction projects
• Evaluation of risk assessment techniques
• Identified key factors influencing construction decisions under uncertainty
• Proposed a framework for integrating options analysis in decision-making
• Highlighted improved project outcomes through effective risk management strategies