Risk Modelling in the Property Development Process
نویسنده
چکیده
The art of identifying and effectively managing risk in a timely manner has become an integral part of strategic management. Property developers who are unable to identify the scope and consequences of related risks and who consequently fail to introduce efficient mechanisms to manage those risks, clearly jeopardise the stability not only of their investments but also their overall success. The level of risk rises in proportion to the level of the difficulty and scope of the whole investment. Therefore, these risks need to be examined, predicted, analysed, and quantified as the investment is prepared and finalised. Individual phases of the risk management process in property development are shown in Figure 1. 2 PARAMETERS NECESSARY FOR RISK QUANTIFICATION AND RISK MODELLING
منابع مشابه
Does Exchange Rate Non-Linear Movements Matter for Analyzing Investment Risk?. Evidence from Investing in Iran’s Petrochemical Industry
< p>The present study models the risk of investment in the petrochemical industry considering the impacts of exchange rate (US dollar to Iran''''s Rial) movements using the time series data from November 2008 to March 2019 and ARFIMA-FIGARCH framework. The empirical results prove the existence of the Fractal Market Hypothesis, FMH, and the Long Memory property in both the risk and return of the...
متن کاملDoes Exchange Rate Non-Linear Movements Matter for Analyzing Investment Risk? Evidence from Investing in Iran’s Petrochemical Industry
The present study models the risk of investment in the petrochemical industry considering the impacts of exchange rate (US dollar to Iran's Rial) movements using the time series data from November 2008 to March 2019 and ARFIMA-FIGARCH framework. The empirical results prove the existence of the Fractal Market Hypothesis, FMH, and the Long Memory property in both the risk and return of the petroc...
متن کاملپهنهبندی گذرگاههای بهمن خیزاستانکردستان
Risk is an inevitable part of life, every day people are somehow at risk. Different risks in various forms and perspectives have different functions. Kurdistan province, with various heights and relatively good rainfall, It results the country's cold spots. Since most of seasonal rainfall occurs in winter, Snow cover is often the domain and passes it hillsides. One of the concerns of people in ...
متن کاملProperties of fuzzy relations and aggregation process in decision making
In this contribution connections between input fuzzy relations R1, . . . ,Rn on a set X and the output fuzzy relationRF = F(R1, . . . ,Rn) are studied. F is a function of the form F : [0, 1]n → [0, 1] and RF is called an aggregated fuzzyrelation. In the literature the problem of preservation, by a function F, diverse types of properties of fuzzy relationsR1, . . . ,Rn is examined. Here, it is c...
متن کاملRisk management in medical product development process using traditional FMEA and fuzzy linguistic approach: a case study
Medical product development (MPD) process is highly multidisciplinary in nature, which increases the complexity and the associated risks. Managing the risks during MPD process is very crucial. The objective of this research is to explore risks during MPD in a dental product manufacturing company and propose a model for risk mitigation during MPD process to minimize failure events. A case study ...
متن کامل