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Magdalena Apollo, Elżbieta Urbańska-Galewska
Model of Risk Assessment (MORA) concept for the investment part of
urban regeneration projects
| Conference Information: |
9th International Conference on Environmental
Engineering, MAY 22-24, 2014 Vilnius, LITHUANIA |
| Source: |
ICEE-2014 - International Conference on Environmental
Engineering |
| Book Series: |
International Conference on Environmental Engineering
(ICEE) Selected papers |
| ISSN: |
ISSN 2029-7092 online |
| ISBN: |
978-609-457-640-9 / 978-609-457-690-4 CD |
| Year: |
2014 |
| Publisher: |
Vilnius Gediminas Technical University Press Technika |
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Abstract
The main goal of this paper is presentation of the model concept (MORA) that will be used to control level of risk and manage technical
risk in investment projects in the area of urban regeneration risk management.
The publication was preceded by initial research and consultation with subjects involved in the process of urban regeneration of Gdansk
district Letnica. It revealed numerous problems with coordination of the project, which resulted in increasing cost and longer time of
project completion. Previous research also indicates that complex and social nature of urban regeneration determines the occurrence of
number of risks that are not typical for regular investment projects. In relation to the above, the target mathematical model, being final
outcome of the research, aims to measure percentage increase of the investment cost in relation to initial assumptions of urban
regeneration projects. Construction of the proposed model is assumed to be based on qualitative and quantitative.
Keywords: urban regeneration; MORA; risk management; complex investment projects.
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