Identification of Risk Factors Influencing the Implementation of Industrialized Building System in China
Chao Mao (),
Liyin Shen (),
Lizi Luo () and
Zhengdao Li ()
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Chao Mao: Chongqing University
Liyin Shen: Chongqing University
Lizi Luo: Chongqing University
Zhengdao Li: The Hong Kong Polytechnic University
Chapter Chapter 19 in Proceedings of the 19th International Symposium on Advancement of Construction Management and Real Estate, 2015, pp 219-230 from Springer
Abstract:
Abstract Industrialized building system (IBS) has been regarded as an effective residential building system globally in line with promoting sustainable construction, with its benefits including higher quality, lower costs, shorter time, better flexibility and waste reduction. However, the development of this system is limited in China, even though the system is considered particularly valuable for the huge plans of Chinese urbanization in coming years. Compared with conventional construction, as an innovation technology in building sector, IBS expose themselves to potential risks. Thus, the developers in China are reluctant to implement IBS without comprehensive acknowledge. Therefore, special attention from developers must be paid to identifying and analyzing these risks. Based on a survey, 24 risks inhibiting the implementation of IBS in China are identified through a questionnaire survey and face-to-face interviews. Further discussion of risks is conducted with 3 case studies. The research findings provide valuable references to practitioners and decision-makers for adopting adequate risk management methods and policies in order to promote the implementation of industrialized building in China.
Keywords: Industrialized building system; Risk; Developer; China (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-662-46994-1_19
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DOI: 10.1007/978-3-662-46994-1_19
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