Critical success factors for urban regeneration projects in Korea

Urban regeneration projects aim to foster the well-being of a city by bringing lasting improvements in the social, economic, physical, and environmental aspects of an urban area. Urban regeneration projects have a higher possibility of uncertainty and complexity than other construction projects. Therefore, the purpose of this research is to identify the critical success factors (CSFs) of such projects and to prioritize CSFs in each project phase so that project promoters and managers can appropriately focus their efforts. We identified and confirmed 10 CSFs through a brainstorming process and 29 expert surveys. The priority of CSFs in each phase of an urban regeneration project can be determined using the suggested model, which takes into account degrees of both importance and satisfaction of each CSF. The priorities were assessed based on 122 expert surveys and the proposed model, and the implications of the results are discussed.