A Life Cycle Risk Management Framework for Green Building Project Stakeholders
Publication: Journal of Management in Engineering
Volume 39, Issue 4
Abstract
The construction industry compromises the sustainability of the built environment because of its adverse impacts on the environment, economy, and society. In response, green building (GB) projects advocate for targeted sustainability goals while some particular risks in GB projects could cause several unfavorable outcomes. This study aims to assess the life cycle risks of GB projects and emphasize the role of stakeholders in the management of corresponding risks in a four-step analysis procedure. In the first two steps, a comprehensive literature review and focus-group discussion were employed to construct the decision-making framework suitable to the GB life cycle. A fuzzy analytical hierarchy process (AHP) was used to prioritize the identified risks based on expert opinions. The fuzzy technique for order preference by similarity to ideal solution (TOPSIS) was used to associate stakeholders’ role with the management of GB risks that might arise throughout GB projects. Findings indicate that lack of experienced green construction staff, limited availability and reliability of green subcontractors and suppliers for the specific requirements of GB, and inflation of green materials’ prices are ranked as the most significant risks. A generic life cycle risk management framework for green buildings was developed to analyze the most significant risks and corresponding stakeholders. By addressing the gap in the literature, this study is expected to engage practitioners and GB project stakeholders for more effective and robust risk management frameworks.
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Data Availability Statement
Some or all data, models, or code that support the findings of this study are available from the corresponding author upon reasonable request.
Acknowledgments
The work described in this paper was supported by the Coordinatorship of Scientific Research Projects of the Yildiz Technical University (Project ID: FBA-2022-5009).
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Information & Authors
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Published In
Journal of Management in Engineering
Volume 39 • Issue 4 • July 2023
Copyright
© 2023 American Society of Civil Engineers.
History
Received: Nov 8, 2022
Accepted: Feb 24, 2023
Published online: May 9, 2023
Published in print: Jul 1, 2023
Discussion open until: Oct 9, 2023
ASCE Technical Topics:
- Architectural engineering
- Bibliographies
- Building management
- Buildings
- Business management
- Construction engineering
- Construction management
- Decision making
- Disaster risk management
- Engineering fundamentals
- Green buildings
- Information management
- Life cycles
- Practice and Profession
- Project management
- Risk management
- Structural engineering
- Structures (by type)
- Sustainable development
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