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Smart city article details

Title Risks Of Smart City Projects: Definition, Typology, Management
ID_Doc 46697
Authors Bernyukevich T.
Year 2023
Published AIP Conference Proceedings, 2791, 1
DOI http://dx.doi.org/10.1063/5.0143565
Abstract Introduction: The aim of the work is to determine the main approaches to typology and risk management in Smart City projects. The relevance is associated with the development of a risk management system – a set of tools that determine the roles of participants in the risk management process, approaches to identifying, assessing and managing risks, monitoring the level of risks. Methods: A systematic approach is the basis of the research methodology. An interdisciplinary approach, analysis of ISO standards and the results of social research allow us to identify theoretical and applied aspects of the topic. Results: The combination of conceptual academic approaches with an analysis of the Smart City experience contributes to the development of new arguments within the framework of the hypothesis: minimizing the risks of Smart City projects depends on a complex of socio-economic and technological factors, and, to a greater extent, on the involvement of citizens in the processes of discussing the concept and managing the city. The tasks of risk management in Smart City projects must be correlated with the goals of sustainable development. This is reflected in the connection of international standards ISO 37120:2018 “Sustainable cities and communities — Indicators for city services and quality of life”, ISO 37122:2019 “Sustainable cities and communities — Indicators for smart cities” and ISO 37123:2019 Sustainable cities and communities — Indicators for resilient cities. Discussion: The main risks of creating and developing a Smart City can be combined into several groups: technological, political, risks of human capital, security, inequality, organizational and financial, preservation of social space. The typology of Smart City risks allows to identify the most significant risks, determine their nature, formation factors, and management methods. Conclusions: Based on the Smart City concept and the theory of risks, it is necessary to set a goal – not only to identify the risks of specific Smart City projects and develop separate areas for leveling them but also to create a common risk management system. © 2023 American Institute of Physics Inc.. All rights reserved.
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