MATEC Web Conf.
Volume 193, 2018International Scientific Conference Environmental Science for Construction Industry – ESCI 2018
|Number of page(s)||11|
|Section||Economics and Management in the Concept of Sustainable Living Environment|
|Published online||20 August 2018|
Model of risk management of construction project based on transaction costs
Plekhanov Russian University of Economic, Stremyanny per str., 36, Moscow, 117997, Russia
Corresponding author: email@example.com
The paper studies the relationship between transaction costs and risk management in the construction projects affecting ecosystem considering economic externalities. Quantitative indicators of the impact of transaction costs on the level of risk in the project are thoroughly investigated. The construction project risk management model based on transaction costs is discussed in detail. Collected and experimental data of the construction project, which has a significant impact on the ecology of the Baikal region in the Russian Federation is analyzed and the uncertainty reduction caused by transaction costs is measured.
© The Authors, published by EDP Sciences, 2018
This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Current usage metrics show cumulative count of Article Views (full-text article views including HTML views, PDF and ePub downloads, according to the available data) and Abstracts Views on Vision4Press platform.
Data correspond to usage on the plateform after 2015. The current usage metrics is available 48-96 hours after online publication and is updated daily on week days.
Initial download of the metrics may take a while.