Addressing risks in green retrofit projects

the case of Singapore

Article Risk Management, Sustainability 1 August 2015

Project Management Journal

Hwang, Bon-Gang | Zhao, Xianbo | See, Yi Lin | Zhong, Yun

How to cite this article:

Hwang, B.-G., Zhao, X., See, Y. L., & Zhong, Y. (2015). Addressing risks in green retrofit projects: the case of Singapore. Project Management Journal, 46(4), 76–89.
The objectives of this study are to identify the risks in green retrofit projects in Singapore; analyze their risk criticalities; compare the risk criticalities between conventional and green retrofit projects; and provide mitigation measures for the critical risks. Twenty risks and 37 mitigation measures were identified from a literature review. A questionnaire survey was performed with 30 professionals experienced in green retrofits, and five post-survey interviews were conducted. The results indicated "post-retrofit tenants' cooperation risk" was the top risk, and that 19 risks were more critical in green retrofits than in conventional retrofits. Additionally, 28 mitigation measures obtained significant agreement.
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