Conceptual Model of a Web-Based Platform for Assessing Entrepreneurial Risks in Investment Projects

Miglena Staneva-Todorova ()
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Miglena Staneva-Todorova: University of Economics – Varna

Stroitelno predpriemachestvo i nedvizhima sobstvenost = Construction Entrepreneurship and Real Property, 2024, issue 2, 54-63

Abstract: The aim of the author of the article is to present a conceptual model of a web-based platform designed for assessing entrepreneurial risks in the implementation of residential construction investment projects in Bulgaria. In the context of increasing competition in the construction sector, the successful management of entrepreneurial risks is crucial for achieving sustainable success in projects. The study includes a detailed analysis of existing online resources for assessing entrepreneurial risks, an examination of user needs and preferences, as well as the development of detailed functional specifications for the platform. As a result, an innovative web-based platform has been developed to facilitate the assessment of entrepreneurial risks. The platform features an interactive calculator for assessing entrepreneurial risks and provides access to advice, guidelines, and other resources for effective risk assessment and management. The combination of these functionalities supports construction entrepreneurs in managing entrepreneurial risks, contributing to the successful implementation of residential construction investment projects and promoting sustainable development in the sector.

Keywords: Residential construction; investment projects; entrepreneurial risk assessment; web-based platform (search for similar items in EconPapers)
JEL-codes: C88 D81 L26 L74 (search for similar items in EconPapers)
Date: 2024
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