Title :
The identification of risk factors in brownfield redevelopment: An empirical study
Author :
Zhu, Yuming ; Shi, Lili ; Hipel, Keith W.
Author_Institution :
Sch. of Manage., Northwestern Polytech. Univ., Xian, China
Abstract :
A framework for Identification of Risk Factors in Brownfield Redevelopment is proposed from the perspective of an empirical study. Firstly, the selection of the primary set of risk factors of brownfield redevelopment is put forth by the literature research and group decision methods. Then reliability and validity of the primary set of risk factors of brownfield redevelopment is approved by calculating the value of Cronbach´s alpha and conducting the KMO (Kaiser-Meyer-Olkin) and Bartlett ball test. Finally, the main risk factors of brownfield redevelopment are identified by carrying out factor analysis. The identified risk factors facilitate risk assessment and control.
Keywords :
risk management; Bartlett ball test; Brownfield redevelopment; Cronbach´s alpha; KMO; Kaiser-Meyer-Olkin test; empirical study; group decision methods; risk and control; risk assessment; risk factors identification; Economics; Educational institutions; Loading; Pollution; Reliability; Sustainable development; Uncertainty; Risk identification; brownfield revelopment; empirical study;
Conference_Titel :
Systems, Man, and Cybernetics (SMC), 2012 IEEE International Conference on
Conference_Location :
Seoul
Print_ISBN :
978-1-4673-1713-9
Electronic_ISBN :
978-1-4673-1712-2
DOI :
10.1109/ICSMC.2012.6378107