1. CONTENTS (1) RESEARCH OBJECTIVES This study is aimed at analyzing how much important the development project’s effective risk control is other than construction projects. (2) RESEARCH METHOD The research methods is a analysis based on the theoretical background of real estate development business. According to internal and external literature looking factors of real estate development business risk to seek for solution to manage them. (3) RESEARCH FINDINGS When the Real Estate Development Project is held in DaeJeon, where it has different economy size, company’s business ability, local resident’s level of consciousness, and etc, comparing to Seoul and GyeongGi area, for the successful promotion, they deducted the implicit risk factors in each business promotion stages, by rating the importance of each factors, and have suggested an effective management plan to minimize the risk. 2. RESULTS It is expected that the real estate development project of DaeJeon area would continuously develop and expand into various subjects and this research paper would not bring a huge impact.