1/1
2 files
0/0

Risk management for build, operate and transfer (BOT) projects in Kuwait

journal contribution
posted on 06.09.2013 by Khalid Al-Azemi, Ran Bhamra
Successful implementation of build-operate-transfer, (BOT), infrastructure projects is dependent on a full and thorough analysis of factors that include social, economic and political, amongst others. Alongside the financially focused evaluations, qualitative factors will also have a strong impact on the project and so require specific techniques for the analysis. This paper presents a new evaluation framework, based on the analytical hierarchy process technique, for use in assessing the most common and significant decision factors relating to risks in BOT projects. Consultations with an expert group identified a series of risk decision factors. The results produced twenty-eight critical Risk Factors, which have a particular impact on the risks of BOT projects. The project risk framework was constructed by classifying the factors into five categories. The framework was successfully validated using a BOT project case study. This research seeks to make a valuable contribution to the field by having developed and validated a new risk evaluation framework, focused on BOT projects in Kuwait.

History

School

  • Mechanical, Electrical and Manufacturing Engineering

Citation

AL-AZEMI, K. and BHAMRA, R., 2014. Risk management for build, operate and transfer (BOT) projects in Kuwait. Journal of Civil Engineering and Management, 20(3), pp.415-433.

Publisher

© Taylor & Francis

Version

AM (Accepted Manuscript)

Publication date

2014

Notes

This article was accepted for publication in the Journal of Civil Engineering and Management [© Taylor & Francis] and the definitive version is available at: http://dx.doi.org/10.3846/13923730.2013.802706

ISSN

1392-3730

Language

en

Exports