A risk-based analysis of sustainable construction

Sustainable construction is a comprehensive process for maintaining a balance between the natural and built environment by applying sustainable development concepts. In order to achieve this balance, analyzing risks that have an impact on a project's sus tainable outcomes is one of the essential processes of sustainable construction man agement. On this basis, this paper proposes a simulation-based process to help pro ject managers analyze risk factors associated with construction activities. The Analytic Hierarchy Process (AHP) method was used to rank the most important environmental indicators; the combination of Expected Monetary Value (EMV) and Monte Carlo sim ulation (MCS) methods was employed for risk factor analysis in terms of sustainability. The results show the mismanagement and inadequate control of sustainability-related risk factors might cause a low level of sustainability in the construction project.