Title |
Extraction and AHP Importance Analysis of Planning Phase Risk Factors in the Large-Scale Resort Development Projects |
Authors |
주동훈(Joo, Dong-Hun) ; 양진국(Yang, Jin-Kook) ; 김수용(Kim, Soo-Yong) |
DOI |
https://doi.org/10.5659/JAIK.2022.38.3.249 |
Keywords |
Large-scale Resort Facilities; Risk Factors; Analyzing Cases; Focus Group Interview; AHP Analysis |
Abstract |
Recent economic growth and improvements in the domestic leisure culture have placed a demand on the development of extensive
recreational facilities. Depending on the geographical conditions and large-scale capital investments, in the early planning stages these facilities
carry many risk factors. This study aims to uncover resort development project risk factors and assess each risk based on the level of
importance. Analysis was performed on six large-scale resort development projects to extract risk factors and a focus group interview (FGI)
to group risk factors was conducted. Through expert workshops the risk factor system was reestablished, and the Analytic Hierarchy Process
(AHP) analysis was performed to evaluate the relative importance of each risk factor. The research results revealed high importance in the
four categories of legal, location, business and investment while prioritizing the importance level of all factors. The outcome of this research
has the potential to be used as a guideline in the initial planning phase of future large-scale resort development projects. |