Title A Development of Risk Performance Index for Mega-project Performance Measurement in view of the integrated Cost/Schedule/Risk
Authors Kim, Seon-Gyoo ; Park, Kyoo-Young ; Yu, Young-Jeong
Page pp.69-77
ISSN 1229-7534
Keywords Mega-project ; Performance Measurement ; Risk Performance Index
Abstract Recently, a research of the urban regeneration has been performed very actively. This is one of the efforts to resolve various social and economic problems coming from the existing deteriorated building and facilities by new urban development or redevelopment. However, an urban regeneration has a characteristic to be unable to ensure the project performance due to the exposed numerous risks coming from the various and complex stake-holders, and its mega sizes. This paper proposes the method of risk performance index in order to improve an efficiency of performance measurement expanding to the risk view point from the existing integrated cost/schedule performance measurement. A risk performance index is compatible with the existing EVMS, and can make the performance measurement in 3 dimensions of the integrated cost/schedule/risk with 18 sub-indexes and variables.