Prince Boateng

Analysis of risks associated with facilities management outsourcing

Purpose – The purpose of this study is to analyse the risk factors associated with outsourcing of facilities management (FM) services.Design/methodology/approach – The study administered questionnaires on 146 registered members of International Facilities Management Association (IFMA), Nigeria chapter, who carry out their professional practice in Lagos, Nigeria. The survey, conducted in February, 2011 targeted facilities managers, property managers, maintenance officers and procurement officers cutting across the three levels of management. A total of 61 of them returned valid questionnaires, giving a response rate of 41.8 percent.Findings – Findings reveal that “poor quality of services” was rated the most critical risk factor associated with facilities management outsourcing, while “security” and “inexperience” closely followed in that order. Also, there was no significant difference in the rankings of the stakeholders on more than 75 percent of the factors.Research limitations/implications – Most pract...

Megaproject Risk Analysis and Simulation: A Dynamic Systems Approach

Providing new knowledge on risk analysis and simulation for megaprojects, this book is essential reading for both academics and practitioners. Its focus is on technical descriptions of a newly developed dynamic systems approach to megaproject risk analysis and simulation. This is backed up by a discussion of the methodology as applied in a comprehensive case study on the Edinburgh Tram Network (ETN) project. The book informs both academic researchers and megaproject stakeholders with the latest information on risk as applied to megaprojects. As well as the complete case study, the book includes a general risk analysis framework for megaprojects, an analytic network process (ANP) method for risk quantification, a system dynamics (SD) method for risk simulation, and practical guides for the application of the dynamic systems approach in megaproject research and practice.

Costing and technological challenges of offshore oil and gas decommissioning in the U.K. North Sea

AbstractA significant number of offshore oil and gas installations in the U.K. North Sea have either exceeded or are approaching the end of their designed economic life. Operators and contractors a...