Title |
Risk Factor Classification and Weight Estimation for Urban Regeneration Project |
Authors |
Cho, Jae-Kyung ; Hyun, Chang-Taek ; Yoon, You-Sang ; Jin, Run-Zhi ; Cha, Yong-Woon |
DOI |
http://dx.doi.org/10.6106/KJCEM.2012.13.4.089 |
Keywords |
Urban Regeneration ; Risk Factor ; Risk Breakdown Structure ; Weight Estimation |
Abstract |
Urban regeneration projects tingeing the shape of mixed-use development, due to the nature of the business, involve risk factors such as protracted business conflict among participations, subjects, complex approval and permission procedure, frequent policy changes, etc. Therefore, systematic risk management is needed to effectively manage the numerous risk factors that may occur during the process course of project. However, risk management of large and complex development projects such as urban regeneration projects is in the introduction stage yet and somewhat one time risk management plan has been established. Therefore, in this study, in order to systematic risk management of urban regeneration projects inhered numerous risk factors, risk factors for urban regeneration projects through preceding studies and case studies were presented. Also risk factors are classified in accordance with business propulsion phase, by estimating the importance for these, step by step emphasis on managed subjects of risk management was proposed. |