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Project
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Introduction
Risk analysis and risk management have been popular subjects for research, articles,
specialised literature and conferences during the 1990s [8], [9], [10] and [11]. Todays
project risk management aims at proactive project management, which is also an
objective of this study. PRM is a very important task during project planning and project
control. The most popular computer programs used for project risk management are still
somewhat primitive. They have not yet been developed into commonplace tools of
project management in the same way as time management programs have, for
example [12]. Essentially, almost all methods of risk management, presented in the
literature on project management and commercial risk management computer
programs appear to favour one-time identification, evaluation and analysis of risks.
These methods do not seem to favour simple, quick risk analyses and demand a great
deal of work. Commercially distributed programs mostly deal with the probable project
outcomes. Commercial PRM computer programs fall into two primary categories, which
are (1) risk analysis oriented programs such as @RISK, OPERA and CRYSTAL BALL;
and (2) programs supporting PRM processes such as FUTURA and TEMPER SYSLA.
Risk analysis does not necessarily reveal whether a risk is really becoming a reality but
states the risks level of seriousness, its effect on the project and the probability of its
realisation. Also, risk analysis often remains a one-time procedure at the beginning of
the project with very little true risk management being carried out during the course of
the project[ ]
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being perceived as low probability but high potential impact events perhaps best tackled
using an emerging strategy and having sufficiently skilled project management teams to
recognize EWS and react appropriately (Mintzberg, 1987; Mintzberg, Ahlstrand, &
Lampel, 1998). Kappelman, McKeeman, and Zhang (2006) indicated that peoplerelated
and process-related risks scored higher than product-related risks as dominant EWS of
IT project failure Syamil, Doll, and Apigian (2004) argued that behavior-related
performance measures evaluating project processes are mediating variables affecting
theextent to which the given process contributes to the overall project result.
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Project team members vary in size, capital, and level of information[6] technology ~IT!
capability and are typically small to medium enterprises. A particular problem in the
implementation of IT is the varying capabilities of the team members.State-of-the-art
technologies could be available to some team members, but probably not to all of them.
All these characteristics were considered in the design and development of the
proposed automated document classification system for construction management.
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preprocessed text data were transformed into a specific Data Representation using a
weighted frequencymatrix A = {aij}, where aij was defined as the weightof a word i in
document j. Various weighting functionswere investigated based on two empirical
observations regarding text documents: (1) the more frequent a word is in a document,
the more relevant it is to topic of the document; and (2) the more frequent a word is
throughout all documents in the collection, the more poorly it differentiates between
documents. By selecting and applying appropriate weighting functions, project
documents were represented as vectors in a multi-dimensional space. Query vectors
could then be constructed to identify similar documents based on similarity measures
such as Euclidian distance and the cosine between vectors. Data Analysis tools were
applied to develop a framework for integrating text documents in model-based
information systems. The main goal of this integration framework is to improve the
identification and analysis of relevant project documents. The large number of objects in
a project model and of text documents in construction projects makes the proposed
automated integration framework desirable. It generates significant savings in the time
and effort required to link all objects contained in a project model to all relevant
documents generated during the projects life cycle. [15]
Methodologies
Text Mining and Automated Document Classification.Text mining is increasingly being
used to denote all the tasks that, by analyzing large quantities of text documents, try to
extract possibly useful information. Results of the text mining process in a collection of
documents stored in interorganizational systems can be used to improve information
management in such systems and also to generate knowledge about the subjects
contained in these documents. According to this view, text classification~or
categorization! is an instance of text mining ~Sebastiani 1999!. In this project, the
classes are represented by construction project components. Hence, construction
document classification was defined as the task of assigning a Boolean value to each
pair$dj ,oi%PD3O, where D is a domain of documents and O5$ol ,,on% is a set of
project components ~classes!. A value of T ~true! assigned to C(dj ,oi) indicates a
decision that document dj is related to the component oi , while a value of F ~false!
indicates that dj is not related to the component oi . The document classification task
can is binary classification, in which a classification decision for each document is made
independently on a class-by-class basis. In binary classification, each document is
classified as relevant or not to each of the existing classes. From a theoretical point of
view, the binary case is more general than the multilabel case, in the sense that an
algorithm for binary classification can also be used for multilabel classification. In order
to do this, the problem of multilabel classification under objects can be transformed into
n independent problems of binary classification where n is the number of classes.
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SYSTEM ARCHITECTURE
This section briefly describes the system architecture for the EWAS for monitoring news
articles. News covers everything about anything in world. News update readers can
read about the direction in which his/her interested entity in the world is moving. The
interested entity can be the whole country, a bureaucratic session, a terrorist
organization or anything. Services which analyze and read thousands of news items
from heterogeneous sources and provide consolidated channels to access the news
have become available. The biggest advantage of using such a service is that the
duplication issues, topic identification issues, and other linguistic problems are being
solved during the consolidation process, thus providing filtered information for analysis.
Europe Media Monitor (EMM) is one of these services and is being used in this project
[1]. EMM provides an RSS feed of news items which contain all of the consolidated
news items. RSS adds some structure to the news by specifying its publication info but
still the facts and nuggets lie buried in the text which actually forms the news.
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