Publications / 2006 Proceedings of the 23rd ISARC, Tokyo, Japan

Development of a Risk Management System for the Project Life Cycle of Super-Highrise Residence

Shuzo Furusaka, Makoto Ohsaki, Kazunori Harada, Sohsuke Arai, Motohiko Yokose, Takashi Kaneta, Hideki Kashii, Katsuki Nakazono, Norikazu Katoh
Pages 375-380 (2006 Proceedings of the 23rd ISARC, Tokyo, Japan, ISBN 9784990271718, ISSN 2413-5844)
Abstract:

In a super-highrise residence project, the project manager needs to forge a long-term risk management plan which covers any problems which may occur from the beginning of the project to the time of demolition. Development of a system which supports a risk strategy effectively is needed as a project becomes more complex. In this paper, first, through analysis of the life cycle of a specific super-highrise residency project, risk phenomena are specified from the viewpoint of each party, and a database which has various kinds of information about the inherent risks, is developed. Next, a mathematical model is formulated based on the comparison of optimal strategy against a risk, elucidated quantitatively within a fixed risk strategy budget. Finally, a system which has these functions is developed and improved upon through analyzing the results of practical experimentation.

Keywords: Risk management, Super-highrise residence, Project life cycle, Project management