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Green Construction Project Risk Management

In: Developing a Body of Knowledge for Green Construction Project Management

Author

Listed:
  • Xianbo Zhao
  • Bon-Gang Hwang
  • Ming Shan

Abstract

The past decades have witnessed an increasing number of green construction projects that have been developed worldwide in response to the global sustainable development goals, the active promotion from the authorities, and the increasing interest from customers. However, similar to non-green construction projects, green construction projects are inevitably plagued with a wide variety of risks. These risks encompass the general risks that tend to occur in all types of construction projects and the risks that are closely associated with the unique characteristics of green construction projects. Effective management of these risks is critical to the successful delivery of green construction projects. This chapter aims to identify the risks that are closely associated with green construction and present methods to analyze these risks. The risk analysis methods include fuzzy synthetic evaluation, risk path modeling, and social network analysis. A series of risk response measures are proposed to deal with the critical risks.

Suggested Citation

  • Xianbo Zhao & Bon-Gang Hwang & Ming Shan, 2024. "Green Construction Project Risk Management," World Scientific Book Chapters, in: Amos Darko & Albert P C Chan (ed.), Developing a Body of Knowledge for Green Construction Project Management, chapter 10, pages 299-327, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789811251429_0010
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    More about this item

    Keywords

    Project Management; Construction Management; Environmental Management; Green Construction Project Management; Green Construction Management; Body of Knowledge; Green Building; Green Construction; Sustainable Building; Sustainable Construction; Circular Economy; Resilience; Climate Change; Carbon Emissions;
    All these keywords.

    JEL classification:

    • L74 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Construction
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General

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