000			01408nam a22001577a 4500
999			_c514288 _d514288
008			201023b ||||| |||| 00| 0 eng d
100			_aAyub, B. Jamaluddin,M and Ullah, F. _920428
245			_aContingency release during project executing; The contractor’s decision-making dilemma
260			_aProject Management Journal
300			_a50(6), 2019: p. 734-748
520			_aRisk is inherent in construction projects and managed through contingency. Dynamic management of contingency escrow accounts during project execution poses decision-making challenges. Project managers use key performance indicators (KPIs) for contingency release decisions. However, their subjective mental models influence risk perception, exacerbating the decision-making dilemma. This research integrates project KPIs with future risk perception to develop a mathematical model for facilitating such decision making. Results suggest timely completion, project cost, stakeholder satisfaction, quality and safety as top KPIs, and the influence of managerial pressure as a significant decision contributor. The proposed model helps project managers in dynamic decision making for cost contingency.- Reproduced
650			_aContingency management, Contingency release, Key performance indicators, Mathematical model _918854
773			_aProject Management Journal
906			_aCONTINGENCY MANAGEMENT
942			_cAR