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Please use this identifier to cite or link to this item: https://dspace.lboro.ac.uk/2134/13106

Title: Risk management for build, operate and transfer (BOT) projects in Kuwait
Authors: Al-Azemi, Khalid
Bhamra, Ran S.
Keywords: Build/operate/transfer (BOT)
Construction management
Risk analysis
Risk management framework
Issue Date: 2014
Publisher: © Taylor & Francis
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.
Abstract: 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.
Description: 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
Version: Accepted for publication
DOI: 10.3846/13923730.2013.802706
URI: https://dspace.lboro.ac.uk/2134/13106
Publisher Link: http://dx.doi.org/10.3846/13923730.2013.802706
ISSN: 1392-3730
Appears in Collections:Published Articles (Mechanical, Electrical and Manufacturing Engineering)

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FINAL TCEM_ R3.pdfAccepted version776.67 kBAdobe PDFView/Open
Final TCEM_A_802706 feb2014.docxAccepted version372.89 kBUnknownView/Open

 

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