|
|
THE VALUE OF A PROPERTY DEVELOPMENT PROJECT AND THE RISK ASSESSMENT
Veselý, Alexej ; Pavelková,, Martina (referee) ; Špirková, Daniela (referee) ; Tomek,, Aleš (referee) ; Hromádka, Vít (advisor)
Due to the economic maturation of our society and due to the growing requirements of clients, demands on project management rise accordingly. It becomes inevitably more consistent and complex and reminds more aerospace project management rather than ordinary construction project. In my dissertation I am concerned, except of in the evaluation of the property development project, also in defining risks eventually leading to a failure of the project. Provided that these risks are a key factor of project’s success or fail, there is a question whether they can or cannot rescue the project from the failure also in case of negative macroeconomic effects, like e.g., decrease of demand or recession. The project fail unambiguously means a negative cash flow. In certain cases, however, in particular short term, the negative cash flow does not need to necessarily mean the failure. In the dissertation I am concerned in the residential property development projects, so the expression development /property/ project means residential project, unless otherwise specified.
|
guest ::
RSS feed.