Exploring Cost Variability and Risk Management Optimization in Natural Disaster Prevention Projects
Jin-Ho Cho,
Young-Su Shin,
Jae-June Kim
et al.
Abstract:The purpose of this study is to analyze the causes of cost variation in natural disaster prevention projects (NDPPs) in Gyeongsangbuk-do, South Korea, and develop tailored cost and risk management strategies. Utilizing a binary logistic regression model, this research uniquely focuses on the Gyeongsangbuk-do region, gathering data from 244 stakeholders through an online survey. The study identifies critical variables influencing cost deviation, including project management risk (PMR), project costing and execu… Show more
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