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- W148571478 abstract "Creating local zoning regulations is a complicated procedure, involving considerable conflict due to the large circle of interested parties. Therefore, feasibility studies in these instances cannot focus only on profitability analysis; rather, in addition, the needs of all stakeholders must be considered, and cost-benefit analysis and risk analysis must be done. In this paper with stakeholder analysis we try to consider the parties involved in the zoning and planning of a local region who take risks when they create the local regulations and when pursuing individual development projects. The circle of those who share the risk of a particular project changes through the life of a development project. Diagrams in the paper show the relationships between these interested parties. Looking at risk analysis, we show the four ways of differentiating a risk according to how the benefits of a risk are shared, and consider different cases of risk analysis depending on the amount of information available to the parties bearing the risk. The paper outlines the concepts of equitable and inequitable risk as developed by Kindler. The conclusion of the paper points to the necessity of thorough stakeholder analysis and risk analysis in order that development projects minimise conflict and bring the greatest utility to both investors and society." @default.
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- W148571478 date "2007-01-01" @default.
- W148571478 modified "2023-09-27" @default.
- W148571478 title "Profitability, Impact and Risk Analysis of an Investment Project" @default.
- W148571478 hasPublicationYear "2007" @default.
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