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Suggested Citation:"REFERENCES." National Academies of Sciences, Engineering, and Medicine. 2012. Guide for the Process of Managing Risk on Rapid Renewal Projects. Washington, DC: The National Academies Press. doi: 10.17226/22665.
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Page 133
Page 134
Suggested Citation:"REFERENCES." National Academies of Sciences, Engineering, and Medicine. 2012. Guide for the Process of Managing Risk on Rapid Renewal Projects. Washington, DC: The National Academies Press. doi: 10.17226/22665.
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Page 134

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131 REFERENCES AACE’s Risk Management Committee. 2000. AACE International’s Risk Management Dictionary, Cost Engineering, Vol. 42, No. 4, pp. 28–31. Edwards, W. 2003. “Project History”: Presentation to the National Academy of Engineer- ing Committee for Review of the Project Management Practices Employed on the Boston Central Artery/Tunnel Project on Oct. 21, 2002. In Completing the “Big Dig”: Managing the Final Stages of Boston’s Central Artery/Tunnel Project (National Research Council). National Academies Press, 2003. Federal Highway Administration. 2007. Issuance of Major Project Guidance, Memorandum of January 19. http://www.fhwa.dot.gov/programadmin/mega/011907.cfm. Accessed April 1, 2010. Flyvbjerg, B., M. Holm, and S. Buhl. 2002. Underestimating Costs in Public Works Projects: Error or Lie? Journal of the American Planning Association, Vol. 68, No. 3, pp. 279–295. Golder Associates. 2008a. Implementation Materials for FHWA’s 2006 Guide to Risk Assess ment and Allocation for Highway Construction Management, available from FHWA. Golder Associates. 2008b. Develop a Guide for the Process of Managing Risk on Rapid Renewal Projects—Task 1 (Gap Analysis and Detailed Plan), Draft Report, NAS/TRB/ SHRP 2 R09. Transportation Research Board of the National Academies, Washington, D.C. Molenaar, K. 2005. Programmatic Cost Risk Analysis for Highway Megaprojects, ASCE Journal of Construction Engineering and Management, Vol. 131, No. 3, pp. 343–353. Molenaar, K. R., J. E. Diekmann, and D. B. Ashley. 2006. Guide to Risk Assessment and Allocation for Highway Construction Management. Report FHWA-PL-06-032. Federal Highway Administration, U.S. Department of Transportation. Roberds, W. 1990. Methods for Developing Defensible Subjective Probability Assessments. In Transportation Research Record 1288, TRB, National Research Council, Washington, D.C., pp. 183–190.

132 GUIDE FOR THE PROCESS OF MANAGING RISK ON RAPID RENEWAL PROJECTS Roberds, W., and T. McGrath. 2006. Quantitative Cost and Schedule Risk Assessment and Management for Large Infrastructure Projects. Proc., PMI College of Scheduling 3rd Annual Conference: Scheduling the Next Generation, Orlando, Fla. Transportation Research Board (TRB). 2009. Special Report 296: Implementing the Results of the Second Strategic Highway Research Program: Saving Lives, Reducing Congestion, Improving Quality of Life. Transportation Research Board of the National Academies, Washington, D.C. Washington State Department of Transportation. 2006. Cost Estimate Validation Process (CEVP®) and Cost Risk Assessment (CRA). http://www.wsdot.wa.gov/projects/ projectmgmt/ riskassessment. Accessed May 1, 2006.

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TRB’s second Strategic Highway Research Program (SHRP 2) S2-R09-RW-2: Guide for the Process of Managing Risk on Rapid Renewal Projects describes a formal and structured risk management approach specifically for rapid renewal design and construction projects that is designed to help adequately and efficiently anticipate, evaluate, and address unexpected problems or “risks” before they occur.

In addition to the report, the project developed three electronic tools to assist with successfully implementing the guide:

• The rapid renewal risk management planning template will assist users with working through the overall risk management process.

• The hypothetical project using risk management planning template employs sample data to help provide an example to users about how to use the rapid renewal risk management template

• The user’s guide for risk management planning template will provide further instructions to users who use the rapid renewal risk management template

Renewal Project R09 also produced a PowerPoint presentation on risk management planning.

Disclaimer: This software is offered as is, without warranty or promise of support of any kind either expressed or implied. Under no circumstance will the National Academy of Sciences or the Transportation Research Board (collectively "TRB") be liable for any loss or damage caused by the installation or operation of this product. TRB makes no representation or warranty of any kind, expressed or implied, in fact or in law, including without limitation, the warranty of merchantability or the warranty of fitness for a particular purpose, and shall not in any case be liable for any consequential or special damages.

Errata: When this prepublication was released on February 14, 2013, the PDF did not include the appendices to the report. As of February 27, 2013, that error has been corrected.

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