Green Construction Project Risk Management

Xianbo Zhao, Bon-Gang Hwang and Ming Shan

Chapter 10 in Developing a Body of Knowledge for Green Construction Project Management, 2024, pp 299-327 from World Scientific Publishing Co. Pte. Ltd.

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.

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 (search for similar items in EconPapers)
JEL-codes: L74 M10 (search for similar items in EconPapers)
Date: 2024
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