| Title |
Decision Support Instruments In Real Estate Development Companies |
| ID_Doc |
75987 |
| Authors |
Onofrei, M; Serban, EC; Cozmei, C |
| Title |
Decision Support Instruments In Real Estate Development Companies |
| Year |
2012 |
| Published |
|
| DOI |
|
| Abstract |
Every firm that is involved in business activity has its own strategy to operate its daily business. But, the organization is said to be having a competitive edge if it has planned effective strategies, especially that the real estate development sector is vulnerable to price volatility risks and their consequences. So, that borne a huge challenge and a clear interest for building a framework capable of offering high-level decision support, in high uncertainty, in operations, or planning. Therefore, the aim of this research is to offer a description of the actual instruments used during the decision making process by the real estate developers in general and by those present on the Romanian market in particular and hightlight the basis for improved decision support tools by referring to some deep-seated obstacles currently hampering the implementation of sustainable development principles within the industry. The expected outcome of this research is to introduce a novel analysis approach to support, guide and assist real estate developers in the optimal decision making to assess and deal with the fluctuation of risk-full and competitive global economic situation and potential risks in each stage of project development. |
| Author Keywords |
real estate development; decision support system; financial model; development process |
| Index Keywords |
Index Keywords |
| Document Type |
Other |
| Open Access |
Open Access |
| Source |
Conference Proceedings Citation Index - Social Science & Humanities (CPCI-SSH) |
| EID |
WOS:000320770700040 |
| WoS Category |
Business; Business, Finance; Management |
| Research Area |
Business & Economics |
| PDF |
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