Risk Management in Green Retrofit Projects

Eco Uncertainties

Master thesis (2023)

Authors

S.R. Narpala Civil Engineering & Geosciences

Contributors

H.M. Jonkers Materials- Mechanics- Management & Design (supervisor 1)
H.L.M. Bakker Integral Design & Management - CEG (supervisor 2)
Hans Ramler Integral Design & Management - CEG (supervisor 2)
Faculty
Civil Engineering & Geosciences
Copyright: © 2023 Saketh Narpala
Risk Management BIM Project risk management Sustainable construction Sustainable renovation Paris Agreement Green Retrofit Risk Identification Net-zero
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Published Date

24-11-2023

Language

English

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Faculty

Civil Engineering & Geosciences

Abstract

This study addresses the critical need for specialized risk identification practices in green retrofit projects within the construction industry, particularly under the increasing pressure to meet the EU's net-zero emissions target by 2050. Focusing on the Netherlands, it investigates how companies navigate the unique challenges posed by updating existing infrastructure to be more sustainable and energy-efficient. Through a mixed-method approach comprising a literature review, field study in Voorburg, and semi-structured interviews with experts, the research identifies distinct risks such as performance risks, supply chain disruptions, and uncertainties in returns on investment. Royal Haskoning DHV's approach, including their Fast-Lane Method, is examined for its effectiveness in predicting energy use but noted for its limitations in estimating carbon emissions and broader retrofit tasks.

The study advocates for an integrated approach utilizing Building Information Modelling (BIM) to enhance risk management and project outcomes. It highlights the gap in current risk management practices that fail to fully address sustainability challenges in retrofits and suggests future research directions, including broader studies involving multiple companies and technologies, to develop more comprehensive risk management strategies for green retrofit projects.