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A study of risk analysis tools and techniques applicable to BOT projects | |
Author | Nakaya, Takehiko |
Call Number | AIT Thesis no.ST-99-56 |
Subject(s) | Construction industry--Management Risk assessment |
Note | A thesis submitted in partial fulfillment for the requirement of the degree of Master of Engineering |
Publisher | Asian Institute of Technology |
Abstract | Construction projects are risky. A BOT project is recognized as one of the most risky project schemes. This scheme has been employed rather frequently in the past few decades, in both developed and developing countries. However, because of its risky nature, there have been failures as well as successes. Risk analysis in proper manners is desired in implementing BOT projects. There are various tools and techniques applicable to risk analysis. The application of these risk analysis tools and techniques (RATT's) to BOT projects depends on understanding of contents and contexts of BOT projects, together with a thorough understanding of RATT's. This thesis studies key points in their applications through reviews of relevant literatures and discusses the application of RA TT' s to BOT projects. The discussion focuses on several key points in their applications identified in the review studies. The application to BOT projects is considered from the viewpoints of the major project participants, i.e. government, lenders and project· companies. Discussion is also made with regard to political risks, which are very important in BOT projects. For conclusion, RATT's can facilitate systematic risk analysis in BOT projects. This thesis would contribute to the establishment of a framework for systematic risk management in BOT projects. |
Year | 1999 |
Type | Thesis |
School | School of Engineering and Technology |
Department | Department of Civil and Infrastucture Engineering (DCIE) |
Academic Program/FoS | Structural Engineering (STE) /Former Name = Structural Engineering and Construction (ST) |
Chairperson(s) | Stephen O. Ogunlana;Stephen O. Ogunlana; |
Examination Committee(s) | Chotchai Charoenngam;Takashi Nakatsuji; |
Scholarship Donor(s) | The Oversea Construction Association of Japan, Inc. (OCAJI); |
Degree | Thesis (M.Eng.) - Asian Institute of Technology, 1999 |