Theorizing the path dependencies and hierarchical structure of the multidimensional risks in green building projects

Ibrahim Yahaya Wuni; Zhikang Bao; Sitsofe Kwame Yevu; Mershack Opoku Tetteh

doi:10.1016/j.jobe.2023.106069

Theorizing the path dependencies and hierarchical structure of the multidimensional risks in green building projects

Ibrahim Yahaya Wuni^*, Zhikang Bao, Sitsofe Kwame Yevu, Mershack Opoku Tetteh

^*Corresponding author for this work

Research output: Contribution to journal › Review article › peer-review

Abstract

Green buildings are designed, constructed, and operated to reduce the consumption of energy, electricity, water, materials, and natural resources over the whole lifecycle. However, the added sustainability objectives expose green building (GB) projects to additional uncertainties and unpredictable risks. This paper conducted a systematic literature review to identify, categorize, and theorize the chain reactions of various risks in GB projects. Results revealed ninety-six (96) critical risk factors (CRFs) for GB projects. The study derived nine (9) broad taxonomies of the CRFs, including financial, material and equipment, design, technical, stakeholder, management, environmental, legal, and regulatory risks. These taxonomies parade different levels of criticalities based on mean citation scores. The five most persistent taxonomies include design, regulatory, material and equipment, financial, and technical risks. A Pareto analysis revealed sixty (60) vital CRFs for green building projects. The study developed a hierarchical structural model explaining how the various risks influence each other in GB projects. Therefore, this study not only provides a comprehensive list of CRFs, as frame of reference, for researchers and practitioners, but also can inform more efficient resource allocation and introduce novel perspectives for managerial practices in GB projects.

Original language	English
Article number	106069
Number of pages	18
Journal	Journal of Building Engineering
Volume	68
Early online date	10 Feb 2023
DOIs	https://doi.org/10.1016/j.jobe.2023.106069
Publication status	Published - 1 Jun 2023

Bibliographical note

Copyright © 2023, Elsevier Ltd.. This manuscript version is made available under the CC-BY-NC-ND 4.0 license https://creativecommons.org/licenses/by-nc-nd/4.0/ - the version of record can be found here: https://doi.org/10.1016/j.jobe.2023.106069

Keywords

Critical risk factors
Green building
Green construction
Risks
Sustainable construction
Systematic literature review

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10.1016/j.jobe.2023.106069

Wunietal_2023_AAM
Copyright © 2023, Elsevier Ltd. This manuscript version is made available under the CC-BY-NC-ND 4.0 license https://creativecommons.org/licenses/by-nc-nd/4.0/ - the version of record can be found here: https://doi.org/10.1016/j.jobe.2023.106069
Accepted author manuscript, 1.17 MBLicence: CC BY-NC-ND 4.0

Cite this

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title = "Theorizing the path dependencies and hierarchical structure of the multidimensional risks in green building projects",

abstract = "Green buildings are designed, constructed, and operated to reduce the consumption of energy, electricity, water, materials, and natural resources over the whole lifecycle. However, the added sustainability objectives expose green building (GB) projects to additional uncertainties and unpredictable risks. This paper conducted a systematic literature review to identify, categorize, and theorize the chain reactions of various risks in GB projects. Results revealed ninety-six (96) critical risk factors (CRFs) for GB projects. The study derived nine (9) broad taxonomies of the CRFs, including financial, material and equipment, design, technical, stakeholder, management, environmental, legal, and regulatory risks. These taxonomies parade different levels of criticalities based on mean citation scores. The five most persistent taxonomies include design, regulatory, material and equipment, financial, and technical risks. A Pareto analysis revealed sixty (60) vital CRFs for green building projects. The study developed a hierarchical structural model explaining how the various risks influence each other in GB projects. Therefore, this study not only provides a comprehensive list of CRFs, as frame of reference, for researchers and practitioners, but also can inform more efficient resource allocation and introduce novel perspectives for managerial practices in GB projects.",

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AU - Wuni, Ibrahim Yahaya

AU - Bao, Zhikang

AU - Yevu, Sitsofe Kwame

AU - Tetteh, Mershack Opoku

N1 - Copyright © 2023, Elsevier Ltd.. This manuscript version is made available under the CC-BY-NC-ND 4.0 license https://creativecommons.org/licenses/by-nc-nd/4.0/ - the version of record can be found here: https://doi.org/10.1016/j.jobe.2023.106069

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N2 - Green buildings are designed, constructed, and operated to reduce the consumption of energy, electricity, water, materials, and natural resources over the whole lifecycle. However, the added sustainability objectives expose green building (GB) projects to additional uncertainties and unpredictable risks. This paper conducted a systematic literature review to identify, categorize, and theorize the chain reactions of various risks in GB projects. Results revealed ninety-six (96) critical risk factors (CRFs) for GB projects. The study derived nine (9) broad taxonomies of the CRFs, including financial, material and equipment, design, technical, stakeholder, management, environmental, legal, and regulatory risks. These taxonomies parade different levels of criticalities based on mean citation scores. The five most persistent taxonomies include design, regulatory, material and equipment, financial, and technical risks. A Pareto analysis revealed sixty (60) vital CRFs for green building projects. The study developed a hierarchical structural model explaining how the various risks influence each other in GB projects. Therefore, this study not only provides a comprehensive list of CRFs, as frame of reference, for researchers and practitioners, but also can inform more efficient resource allocation and introduce novel perspectives for managerial practices in GB projects.

AB - Green buildings are designed, constructed, and operated to reduce the consumption of energy, electricity, water, materials, and natural resources over the whole lifecycle. However, the added sustainability objectives expose green building (GB) projects to additional uncertainties and unpredictable risks. This paper conducted a systematic literature review to identify, categorize, and theorize the chain reactions of various risks in GB projects. Results revealed ninety-six (96) critical risk factors (CRFs) for GB projects. The study derived nine (9) broad taxonomies of the CRFs, including financial, material and equipment, design, technical, stakeholder, management, environmental, legal, and regulatory risks. These taxonomies parade different levels of criticalities based on mean citation scores. The five most persistent taxonomies include design, regulatory, material and equipment, financial, and technical risks. A Pareto analysis revealed sixty (60) vital CRFs for green building projects. The study developed a hierarchical structural model explaining how the various risks influence each other in GB projects. Therefore, this study not only provides a comprehensive list of CRFs, as frame of reference, for researchers and practitioners, but also can inform more efficient resource allocation and introduce novel perspectives for managerial practices in GB projects.

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JO - Journal of Building Engineering

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M1 - 106069

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Theorizing the path dependencies and hierarchical structure of the multidimensional risks in green building projects

Abstract

Bibliographical note

Keywords

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