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Assessing Risk Factors in the Implementation of Green Building Projects: Empirical Research from Vietnam

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Environment and Sustainable Development (ACESD 2021)

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Abstract

In line with the sustainable trend in the construction industry worldwide, there have been a number of studies that examined risks in Green Building (GB) projects recently. This study aimed to assess risk factors that GB projects often face through a questionnaire survey with 69 GB practitioners in Vietnam. Notably, this study evaluated GB risk factors according to three features: likelihood occurrence, the magnitude of impact, and risk controllability. The results indicated the top five crucial risks are “Owners lacks determination”; “Lack of experience of designers about GB”; “Project managers lack experience in GB projects”; “Underestimation of initial investment cost”; and “Project managers lack design management experience”. This paper could be a helpful reference for the construction industry by providing a profoundly assessing GB projects’ risks. Additionally, this study contributes empirical research of risk assessment in GB projects in Vietnam. Therefore, this study may contribute to the development of sustainable trends in the construction industry worldwide.

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Acknowledgments

The research is funded by the Fondazione Cassa di Risparmio di Padova e Rovigo.

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Correspondence to Hung D. Nguyen .

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Nguyen, H.D., Do, Q.N.H., Macchion, L. (2022). Assessing Risk Factors in the Implementation of Green Building Projects: Empirical Research from Vietnam. In: Ujikawa, K., Ishiwatari, M., Hullebusch, E.v. (eds) Environment and Sustainable Development. ACESD 2021. Environmental Science and Engineering. Springer, Singapore. https://doi.org/10.1007/978-981-19-1704-2_24

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