Risk management in BOT project
Name
47250474-MIT.pdf
Description
Full printable version
Size
9.58 MB
Format
Adobe PDF
Checksum (MD5)
9c8475e234c3d7899afa469ce7711384
Author(s)
Hsiao, Hsu-Hsun, 1974-
Advisor(s)
Massood V. Samii.
Alternative Title
Risk management in Build-Operated-Transfer project
Date Issued
2000
Publisher
Massachusetts Institute of Technology
Abstract
With the growing demand of public services and the tight budget on government, BOT is one of the best alternatives to solve this problem. However, in order to create a successful BOT project, it is necessary to clearly identify, evaluate and manage the risk associated with the project. First, the concept of risk and the risk management system is introduced. The first main objective is to create a risk management model. By applying this model, the risk associated with BOT project is identified by different phases of the project and the methods used to allocate and mitigate the risk from different parties' perspectives are also proposed. Two case studies are discussed in the order that the first one, Hong Kong Cross Harbor Tunnel Project, is the base case to verify and reexamine our model. The second one, Taiwan High Speed Rail Project, is an on-going project but fails to meet its requirement at the initial stage. Based on the two case studies, the answer to the creation of a successful BOT project is that an active participation of government in risk sharing is necessary.
Description
Thesis (S.M.)--Massachusetts Institute of Technology, Dept. of Civil and Environmental Engineering, 2000.
Includes bibliographical references (leaves 104-105).
Subjects
Civil and Environmental Engineering.
MIT Department
Massachusetts Institute of Technology. Department of Civil and Environmental Engineering
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