Publications / 2011 Proceedings of the 28th ISARC, Seoul, Korea

A Derivation of the Factors for Risk Management in the U-City Construction Industry

Hoki Kim, Soon wook Kwon, Jonghyun Lee, Heesung Park
Pages 1517-1519 (2011 Proceedings of the 28th ISARC, Seoul, Korea, ISBN 978-89-954572-4-5, ISSN 2413-5844)
Abstract:

The u-City project proceeds through combining urban development with IT technology. The u-City project has more risks because it has more complexity and diversity compared with normal urban development. Therefore, the u- City project needs a comprehensive risk management system which can control risk factors quantitatively. The current study proposes a risk management process which recognizes possible risk factors in the planning phases, shows the method of risk analysis by the calculation of risk index, and calculates risk level to find core risk factors beforehand.

Keywords: u-City, Risk Management, Risk Factor, Project Planning Phase