2026-09-19T07:42:43Zhttps://dspace.mit.edu/server/oai/requestoai:dspace.mit.edu:1721.1/462782022-01-13T07:54:23Zcom_1721.1_7582com_1721.1_7581col_1721.1_131023
Massood V. Samii.
Hsiao, Hsu-Hsun, 1974-
Massachusetts Institute of Technology. Dept. of Civil and Environmental Engineering.
Massachusetts Institute of Technology. Department of Civil and Environmental Engineering
2009-06-30T18:47:22Z
2009-06-30T18:47:22Z
2000
2000
http://hdl.handle.net/1721.1/46278
47250474
Thesis (S.M.)--Massachusetts Institute of Technology, Dept. of Civil and Environmental Engineering, 2000.
Includes bibliographical references (leaves 104-105).
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.
by Hsu-Hsun Hsiao.
S.M.
105 leaves
eng
Massachusetts Institute of Technology
M.I.T. theses are protected by
copyright. They may be viewed from this source for any purpose, but
reproduction or distribution in any format is prohibited without written
permission. See provided URL for inquiries about permission.
http://dspace.mit.edu/handle/1721.1/7582
Civil and Environmental Engineering.
Risk management in BOT project
Risk management in Build-Operated-Transfer project
Thesis
application/pdf
Publication
unknown
unknown
<Publication xmlns="https://www.openaire.eu/cerif-profile/1.1/" id="7cb6dfa6-5088-44d3-b5cd-0983dcc3f3cc">
<Type xmlns="https://www.openaire.eu/cerif-profile/vocab/COAR_Publication_Types">http://purl.org/coar/resource_type/c_1843</Type>
<Language>eng</Language>
<Title>Risk management in BOT project</Title>
<Subtitle>Risk management in Build-Operated-Transfer project</Subtitle>
<PublishedIn>
<Publication>
</Publication>
</PublishedIn>
<PublicationDate>2000</PublicationDate>
<Authors>
<Author>
<DisplayName>Hsiao, Hsu-Hsun, 1974-</DisplayName>
<Affiliation>
<OrgUnit>
</OrgUnit>
</Affiliation>
</Author>
</Authors>
<Editors>
</Editors>
<Publishers>
<Publisher>
<DisplayName>Massachusetts Institute of Technology</DisplayName>
<OrgUnit />
</Publisher>
</Publishers>
<License>http://dspace.mit.edu/handle/1721.1/7582</License>
<Keyword>Civil and Environmental Engineering.</Keyword>
<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.</Abstract>
<Access xmlns="http://purl.org/coar/access_right"
>
</Access>
</Publication>