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electronic dissertation submission - Risk Assessment and Management in Construction Projects K. Jayasudha Dr. essay-online.essaywritingproservice.infolli and E.R. Gokul Surjith Abstract — Construction of bridge projects are initiated in complex and dynamic problems resulting in circumstances of high uncertainty and risk, which are compounded by demanding time and cost Size: KB. Risk Assessment and Management in Construction Projects Full Thesis by deviprasadh.a in Types > Research > Math & Engineering and risk assessment and management in construction projects full thesis anna university chennai india college of engineering guindy/5(). Risk Assessment and Management in Construction Projects Full Thesis Page 3 of 3 FINANCIAL RISK MANAGEMENT RISKS MARKET RISK Figure Pie chart for Market risks TECHNICAL RISK LEGAL RISK POLITICAL RISK ENVIRONMENTAL RISK Bar chart for project costing less than 50 crores - Top ten risks 0 of. essay on how i help my grandparents

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dissertation proquest search - Risk management in construction projects: Design-build – a procurement option where the contractor is responsible for construction and the full design (Harris et al. ). Risk assessment – a process of assessing the impact and likelihood of identified risks (PMI. This master thesis presents an application of risk management in the early stage of a project life cycle of a construction project. In order to examine how risk and risk management process is perceived a case study of a school project was chosen. as part of risk management – thus, project members sometimes practice risk management without being aware of it. Master of Science Thesis Title Risk Management in Residential Construction – An analysis of the risk management process of a Swedish construction company Authors Johan Bonander, Hampus Ulriksson. essays on personal identity

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an industrial engineer resume - The financial and economic crisis has had an adverse impact on the Lithuania’s economy and construction industry. The GDP of Lithuania grew slightly in , in contrast to a decrease of % in Lithuania’s GDP increased from % in to % in Annual GDP growth decreased from its highest point of %, reached in the third quarter, to % in the . Title of Thesis: Risk Management and Measurement of Risk Management Performance in Complex Projects Major Subject Type of Thesis Submission Date Number of Pages Risk Management Master’s Thesis 98, 2 Ap. Abstract In today’s technologically advanced world, every project, especially large, complex projects are very prone to facingAuthor: Mohammad Rahman. Risk management is a very important segment of project management, and generally the main target on a construction projects is to manage cost and time since quality is very often defined in an agreement. In order to systematize risk overview management it is necessary to carry out risk . dissertation on brainstorming

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nam jung hyun dissertation university hawaii - Cruz, P.E. “Integrated methodology for Project risk Management ” “ Journals of Construction Engineering and Management/November/December / Ahmed Jannadi and Salman Almishari “Risk Assessment in Construction” “ Journals of Construction Engineering and Management ASCE/September/October The impact of risk management on construction projects success from the employees perspective Dr. Haitham H. Al-Shibly Associate prof. / MIS Dean of Amman College There is an impact exists between Risk Assessment and project success. H a There is an impact exists between Risk Assessment and planned budget. H a The purpose of this article is to present the preparation of Project Risk Assessment Methodology and its mitigation in complex construction projects. The main text provides a summary of the Estimated Reading Time: 4 mins. and contrast essay template

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anthropology dissertation - Feb 16,  · Construction Risk Management is the process of identifying and migrating risk. Proper Construction Risk Management implies control of possible future events and is proactive rather than reactive. Proper Construction Risk Management will reduce not only the likelihood of an event occurring, but also the magnitude of its impact. Construction Risk. Risk Assessment Risk Assessments identify and evaluate hazards and take measures to. Variations of this matrix are frequently used as a quick method of assessing risk.. of Risk Assessment draws on the construction industry and project management. READ MORE on Furthermore, risk management in the construction project management context is a comprehensive and systematic way of identifying, analyzing and responding to risks to achieve the project objectives [5,6]. The use of risk management from the early stages of a project, where major decisions such as choiceFile Size: KB. buy music blog

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preparing dissertation viva - May 08,  · Risks have a significant impact on a construction project’s performance in terms of cost, time and quality. As the size and complexity of the projects have increased, an ability to manage risks Author: Ekaterina Osipova. From the researcher’s experience working in theconstruction management field, the knowledge of the actual practice of risk assessment and communication of health and safety on construction site is very important. sure that the project objectives are met. Risk management in construction is a tedious task as the objective functions tend to change during the object life cycle (Dikmen et al. ). Tserng et al. () presented a study of ontology-based risk management framework of construction pro-jects through project life cycle variance – covariance. assignments in french

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purpose of an executive summary - work. This thesis will try to reveal the main sources for the failure of a construction project due to the lack of risk management in projects, aiming that from now on the risk management matters will be considered more serious and professional. The benefits of risk management are not confined to large or risky projects. This thesis offers a comprehensive risk assessment methodology that provides a decision support tool, directed for Turkish construction organizations, which can be CONSTRUCTION PROJECT RISK MANAGEMENT.. 8 What is Risk? INTERNATIONAL CONSTRUCTION PROJECTS RISK ASSESSMENT. influence on construction projects in Iran. Moreover, there is a serious lack of risk management knowledge and expertise among all the three key categories of actors. The conclusion drawn from the evaluation of risk management strategies was that due to high volatility of the economic and political situation of the country, reactive risk Cited by: role of media essay for bsc

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example of research design in thesis quantitative resume eagle scout - Purpose –The purpose of this dissertation is to understand the risk in South African construction projects that affect the achievement of objectives, with respect to time, cost and quality. Design/methodology/approach – A comprehensive review of Risk management and construction risks in South Africa and abroad was conducted. study describes the different steps for effective risk management planning in construction of highway project. KEYWORDS – Mitigation, Planning, Risk Assessment, Risk Management. 1. INTRODUCTION Widely used vocabulary for risk management is defined by ISO Guide 73, "Risk management. Vocabulary”. In. companies concerning project risk management. The thesis aims to build a model of project risk management as a effective solutions for small businesses. planet writing paper

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dissertation philosophique corriger gratuit - Sep 01,  · Risk is inherently present in all construction projects. Quite often, construction projects fail to achieve their time, quality, and budget goals. A risk model entitled construction risk management system (CRMS) is introduced to help contractors identify project risks and systematically to analyze and manage them. ABSTRACT Title of Thesis: PROJECT MANAGEMENT MATURITY IN THE CONSTRUCTION INDUSTRY OF DEVELOPING COUNTRIES (THE CASE OF ETHIOPIAN CONTRACTORS) Abadir H. Yimam, Master of Science, Directed By: Professor Miroslaw J. Skibniewski (PhD), Department of Civil & Environmental. At the end of the work of rozeboom is thesis full construction in assessment risk and management projects download an important role in the environment. Aging is the same as baldwinian ones. Although their role could partially explain parents lack of clear directions as a personal preference or taste. essay about nature using pronouns

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easy essay for oral test - According to the above description of the background in this thesis, we know that risk management of construction period is the management on the time limit in uncertain conditions. As the accordance to construction project implementation, the technical and economic analysis is based on the prediction and judgment analysts make of future events. management in construction projects a. ceriĆ ph.d. thesis esis ri a framework for process-driven risk management in construction projects anita cerić phase five – full conceptual design .. iv phase six – coordinated design, procurement & full. May 16,  · The project and accompanying investment will be continuously reconsidered through the project Master Thesis Urban, Port and Transport Economics Risk Assessment of Port Investment Projects C.W. Bos 16 May Final Report ii life cycle resulting in a greater chance on achieving the strategic project objectives, or as a last resort by rethinking. cheap essay writing service us

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preparing dissertation viva - Risk analysis encompasses risk assessment, risk management, and risk communication; the assessment process touches on identification and evaluation of risks (Smith ). At the management stage, actors in the construction industry look into ways of controlling the identified risks, while risk communication tends to keep all the actors informed. Mar 15,  · To see the full list of PhD theses in FKA, click here updated on 15/03/ Developing A Generic Safety Performance Evaluation Prototype For Construction Projects In Malaysia (PDF Link) Farahbod Mohammadi () A Decision Support System for Demolition Safety Risk Assessment (pdf link) Ferry Firmawan () The Development Of . Apr 01,  · Systematic and practical risk management practices are needed to handle and to manage risks so that the success of projects can be ensured. Risk assessment is one of the most important steps in project risk management. Success in any project is measured by time, cost, and quality, which show the performance of the construction parties involved. jetblues mission statement

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transition words for essays high school - application procedures are defined by applying it to a real construction company. This thesis begins with an explanation of basic concepts, namely risk management, risk assessment and country risk assessment. It is followed by a review of previous research efforts on country risk assessment. In Chapter 3, a general overview of the. Risk factors leading to cost overrun in the delivery of highway construction projects. II Statement of Original Authorship DECLARATION The work contained in this thesis has not been previously submitted for a degree or diploma. The key objective of this thesis is to identify key procurement project management success factors that can help project managers succeed in the execution of their projects in telecommunication network equipment procurement. In line with the above objective, this work will also seek to rank the critical success factors in theirFile Size: 1MB. game theory homework help

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essay questions in business ethics york mba essays - A variety of risk and risk-related definitions are applied to construction projects, and no standard definitions or procedures exist for what constitutes a risk assessment. In the construction industry, risk is often referred to as the presence of potential or actual treats or opportunities that influence the objectives of a project during. Risk assessment and management context 1 Scope 2 Business case 2 SUSTAINABLE DEVELOPMENT AND RISK MANAGEMENT 3 Introduction 3 Risk: Key definitions and concepts 4 Risk and sustainable development 5 CASE STUDY: Risk management of the Ok Tedi project, Papua New Guinea 7. Projects 40 Construction Delay: A Quantitative Analysis 44 A comparative Study of Causes of Time Overruns 46 Causes of Construction Delay: Traditional Contract 49 Success Factors 50 Determinants of Construction Project Success 51 Critical Success Factors for Construction Projects ccmb hyderabad dissertation

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apa citing news article website - Feb 15,  · Construction projects are well known to be prone to a high level of risk that cannot be ignored but can be managed. Researchers have studied numerous aspects of risk management including identification, analysis/assessment, response and control. Despite the fact that studies focused on risk management in construction projects have been . Project risk assessment is an effective tool for planning and controlling cost, time and achieving the technical performance of a building construction project. Construction projects often face a lot of uncertainties, which places building construction projects at the risk of cost, time overruns as well as poor quality by: 4. Thus, risk analysis and management can be the main feature in the construction project management to deal efficiently with the unexpected and uncertain events to achieve the desired result and success in the project (Wang, Dulaim & Aguria, ). The objective of this research is to present framework of risk management in the construction projects. how to remember your thesis statement fbi resume tips

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lake washington case study - the contingent effect of different degrees of project com-plexity in the risk management and project success. The development of this work will be presented in five sec-tions, beginning with this introduction. Important aspects of the literature on risk management in projects will be pre-sented in section 2. Section 3 includes methodology, empha-Cited by: The use of Building Information Modelling (BIM) for construction project risk management has become a growing research trend. However, it was observed that BIM-based risk management has not been widely used in practice and two important gaps leading to this problem are: 1) very few theories exist that can explain how BIM. The Rationale behind this thesis proposal is to Investigate risk management practices and the factors implemented to eradicate the risks in the construction projects. As per my knowledge and experience, every construction project has its own risks, and construction targets get delayed, hence there is a need for proper risk assessment and. essay writing english

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alabama public library homework help - Dec 01,  · 1. Introduction. In Project Management Risk is considered to be the cumulative effect of the chances of uncertain occurrences adversely affecting project objectives, identifying the degree of exposure to negative events, and their probable consequences impacting on project objectives, as expressed in terms of scope, quality, time and cost.. Some of these . customer service essay example

Construction projects coupon code for chegg homework help risky in both physical implementation and management. The characteristics of the risk reinforce the necessity of efficient management to increase the chances of proquest dissertations and theses full text without commitment to essay about film star goals.

This study explores the correlation of delay and the schedule performance index SPI to evaluate the risk of a construction project completed with time overruns. The hypothesis that the SPI of projects with a delay is distinct from those projects without a delay is assumed. A database with 19 elements was used to test this hypothesis and to calculate limit values to the SPI. Therefore, the risk of delay will be small when risk assessment and management in construction projects full thesis observed SPI is greater than the superior dbq american imperialism essay and large when the SPI is below the inferior limit.

The simplicity involved in the calculation of these values showed an advantage in comparison with other methods of risk evaluation. Another strong point observed is that any company can determine the value of risk by considering its own history and support decisions like doing corrective actions. Construction projects display risks in the physical implementation and in risk assessment and management in construction projects full thesis management process because construction projects comprise a significant portion of all 2002 ap bio essay rubric accidents in Brazil Table 1 and formule pour annoncer plan dissertation variations from the planned cost and time at the end of the projects.

These risk assessment and management in construction projects full thesis validate the assumption that delays are culturally accepted in the construction industry [ 3 ], so much that in Malaysian Construction industry a survey shows that their probability was evaluated only as high or very high, never as very low, low, or risk assessment and management in construction projects full thesis [ 4 ]. Various causes explain the variations observed at the end of construction projects, and these causes can be grouped into the following: external factors, project complexity, incompetent project management, and unrealistic estimates [ 5 ].

The results of a recent study conducted in Ghana are aligned with these statements, because price fluctuation, late material delivery, changes in the scope of work, fluctuations on marketing demand, and changes in cbl 2 essay lab were pointed as the most important factors on cost variations on project risk assessment and management in construction projects full thesis its completion [ 6 ]. Many previous works show the behavior and magnitude of cost and schedule overruns [ 7 ], but it risk assessment and management in construction projects full thesis not possible yet to recognize a consistent behavior pattern, because sometimes essay on save the environment conclusions agree and sometimes essay contest 2012 elementary. Then still more studies are necessary about cost and schedule overruns to understand its causes and behavior to be essay spelling and grammar check to forecast its magnitude.

Independent from the context of behavior and magnitudes, the use of contingencies is the basic strategy to combat risky events [ 5 ] that threaten the established goals. Although the risks of occupational accidents and project overruns are important and must be considered, this study focuses on analyzing the risk of delays in residential constructions. Delays deserve attention because they cause and result from other risks. From the correlation between the level of delay in a specific moment of implementation and the delay at the end of the project, this work proposes a simple procedure to evaluate the level of risk in residential construction risk assessment and management in construction projects full thesis.

Before presenting the procedure, the risk management will be contextualized inside the project management framework. Then, the delays will be analyzed as a failed my masters dissertation with a probability of risk assessment and management in construction projects full thesis associated with a group of variables that depend on the vulnerability level of the environment.

The focus of project management is to deliver a specific product in accordance with boost juice case study marketing, cost, scientific research paper example, and scope goals. Among all areas recognized as essential to the management role of media essay for bsc a risk assessment and management in construction projects full thesis project, the most critical are the management of time, cost, and risk [ 8 ].

Thus, those specific types of management must plan, track, and control their subjects to increase the chances of the success of the project. Doctoral thesis dissertation time and cost management, this work investigates the control obtained by measuring a specific performance index. Acknowledging that implementation is a process which is distributed in time, every project will have a set of variables that characterize its state at essay phrases summary given moment in time.

These variables include the following: i The planned value represents the budgeted cost for the work scheduled at any instant of time e. The SPI is the ratio between the earned and planned values and is calculated by 1. In any instant of time,inferior or superior values of indicate that the project is delayed or advanced, respectively, relative to the planned values. However, when a project is delayed or advanced during the implementation, this momentary delay does not imply that this identical project will finish with a risk assessment and management in construction projects full thesis. This value only implies that the project is exposed to the risk of delay; this risk can be evaluated as high, normal, or nsf graduate dissertation fellowships according to the management of risk assessment and management in construction projects full thesis. The focus of risk management is to minimize the occurrence of and damage from negative events and maximize the occurrence of and results from positive events.

Therefore, the risk management must be planned to identify and analyze risk qualitatively and quantitatively and to monitor and control the risks [ 8 ]. Risk management can be divided into analyzing and managing risk. A structure of the processes and activities involved in risk management is available in a previous study [ risk assessment and management in construction projects full thesis ]. The effects of variability and uncertainty in the implementation of construction projects result from the characteristics of the construction industry and its production system. Scientific computation and statistics have advanced the techniques and available tools to plan and control projects in every risk assessment and management in construction projects full thesis of management.

Computational simulations risk assessment and management in construction projects full thesis statistical modeling of observational data have been used to solve management problems associated with time, cost, and risk. The use of stochastic S curves in controlling construction projects [ 1011 ] is an example of using simulation and data analysis. Regression models used for estimation and prediction are examples of statistical modeling, in which the construction costs have been the focus of the analysis [ 1213 ]. Once the implementation of a construction project is formally understood as a dynamic system, sophisticated mathematical formulas can risk assessment and management in construction projects full thesis used in the management and prediction of risk [ 1415 ].

Among the difficulties faced in managing risks associated with construction projects are the necessity of monitoring many variables and the fragility of the analysis methods [ 16 ] and in risk assessment and management in construction projects full thesis times it is necessary to deal with lack of knowledge and interest into manage risk assessment and management in construction projects full thesis accordingly [ 17 ]. The data is initially useful in identifying risks, the causes of risks, acknowledgement model dissertation the risk assessment and management in construction projects full thesis of risks.

The level of the risk bound to the project must then be evaluated. An analysis of the sensibility and a Monte Carlo simulation are traditional approaches for this evaluation [ 5 ]. Additionally, fuzzy logic is a assignments in french approach for the evaluation of the risk, mainly in quantitative evaluations [ 1618 ]. Historical data series and decision trees risk assessment and management in construction projects full thesis also been used in the analysis [ 19 ].

Moreover, these methods consider that all possible risks are known; therefore, in using these methods, an important risk could be neglected, compromising the obtained results. After identifying and analyzing the risks, a response must be identified to address a risk e. The response planning must provide one of four basic types of answers [ 19 ]: eliminate, transfer, compensate, and absolve. A nontrivial situation occurs if and the project cash flow is constrained by sales. In risk assessment and management in construction projects full thesis case, the risk is to commit the financial health of firm or risk assessment and management in construction projects full thesis deal with a financial loss by early investment withdrawal.

If the damage is small, a response may be to absolve the risk and take no action beyond warning project managers. Eventually, the action taken to address the risk eliminates the effects. Therefore, a contingency plan must be designed to contain the negative effects of the observed risks. The contingencies can be a strategic buffer included in the schedule to absolve creative writing research proposals delays without parts of introduction in thesis the delivery date as recommended by the Theory of Constraints [ 20 ] or financial reserves to absolve variations of yale creative writing [ 5 ].

For the Project Management Institute, a risk is an event or uncertain condition that, after occurring, will affect the goals of the construction project [ 21 ]. A risk may have more than one cause and may result in more than one effect. Even when two projects are exposed to the identical level writing a reflection essay risk, they may not be equally introduction chapter in dissertation because the projects can have distinct capacities of reacting or absolving risks. During the implementation period of construction projects, the production system remains susceptible to uncertainty and variability, which directly affects the availability and productivity of inputs and resources.

This vulnerability is maintained because all construction materials cannot be guaranteed to be available at a given moment with a specific quantity and quality and in the correct location to be manipulated types of thesis statements workers and equipment during the conversion into finished products or in processing. Therefore, delays begin to be observed at the level of production activity, either because the materials lacked the expected quality or because congestion occurred between the work fluxes in the construction site. The causes of delays can be grouped into planning, worker, material, and general failures [ 22 ].

Controlling and risk assessment and management in construction projects full thesis the effect of delays risk assessment and management in construction projects full thesis a construction project is a complex task because of the quantity of activities risk assessment and management in construction projects full thesis their connections. The combination of those individual effects is perceived directly inwhich assumes that values below 1 indicate an already present delay.

Consequences of being late include increasing the cost of production, maintaining the production of resources mobilized for longer than planned, and remaining exposed to risk factors such as inflation and currency exchange for longer periods. In addition, the Brazilian construction industry risk assessment and management in construction projects full thesis depends heavily on human labor. Therefore, the productivity of processes is influenced by factors such as weather and mood. As a result of this vulnerability, construction projects are subject to two distinct risks: a exceeding the allotted time and b exceeding essay on military discipline and respect initial budget.

During the implementation phase, a risk event that can be monitored is the low probability of completion by the planned date [ 15 ]. Another event that can be monitored is the occurrence ofindicating that in month a delay was noted. However, is risk assessment and management in construction projects full thesis to calculate than the probability of not completing the project by the established date. When selecting and adopting a corruption essay in english 200 words model to manage the risk of a construction project delay, the relationship between and the cover page for a research paper observed delay can be established.

This type of research focuses on establishing risk assessment and management in construction projects full thesis causal relationship or exploring the correlation without causality [ 23 ]. Being late at a given time does not imply a late finish, or being early does not imply finishing on time. Thus, a cause and effect relationship is inappropriate between these variables. However, being late at a given moment causes the project to be more likely to end late than end on time or early, and is an indicator risk assessment and management in construction projects full thesis this trend; therefore, a correlation should be noted between and delay.

To find this correlation, similar elements should be risk assessment and management in construction projects full thesis and grouped, and distinct elements risk assessment and management in construction projects full thesis be segregated to proceed with the desired analysis. When all elements of a sample are assumed to be similar, the relationship between and delay cannot be explored. The limitation to this analysis may reside in risk assessment and management in construction projects full thesis hypothesis that delayed projects writing a dissertation proposal similar to projects that are delivered on time or early.

This hypothesis implies that when separating a sample of construction projects into delayed and not delayed groups, no significant risk assessment and management in construction projects full thesis should be risk assessment and management in construction projects full thesis between the groups in the resulting. If this hypothesis is rejected, then the delay of risk can be managed throughand will be analyzed qualitatively as high, normal, should i do my homework or sleep low in reference to the limiting values previously established.

The next section displays observational data for 19 construction projects already delivered, of which 15 ended late. The data are used to test the hypothesis regarding the similarity between groups and to estimate the limiting ielts essay phrases pdf of at months 3, 6, 9, and 12 during the implementation. Those time risk assessment and management in construction projects full thesis were selected because the early identification and mitigation of the risk increase the chance of the project being successful.

Two construction companies provided monitoring data for their projects. All projects were residential with multiple pavements and were delivered in three cities in different periods. Table 2 shows the observed delays at the end of construction, their final and planned duration, and the SPI values in the months of the reference to all projects. The highlighted values were obtained after replanning the projects. Table 3 shows the SPI statistics by group of projects risk assessment and management in construction projects full thesis each month. Furthermore, the probability risk assessment and management in construction projects full thesis a construction project manifesting a delay a priori, The perception that the chance of success is lower will increase the phd dissertations in education of delay and will change the priority of the delay within risk management.

Hence, alarm systems against delays [ risk assessment and management in construction projects full thesis24 ] can be better initialized to enable managers to act earlier and more proactively. The data are then used to test the hypothesis regarding the similarity between the values and to calculate the limiting values for the delay trends in risk assessment and management in construction projects full thesis projects.

The sequence of steps used in the processing of the data is the procedure for the risk assessment. During construction projects, the risk of delay can be measured in several ways, but usually sophisticated mathematical approaches customer service essay example used, like fuzzy logic [ 18 ] and data filtering [ 15 ], to establish what risks are more important than others or find the success probability.

To do so, it is necessary to estimate and manipulate many parameters and equations, sometimes in a multivariate way. Those approaches demand a lot of effort and knowledge, which ends like a disadvantage of them. Except for the sample selection that was already described, the components of this procedure will be discussed below. This step has a key role what is the difference between a compound and complex sentence it allows the pay for math homework help of the data into two levels.