Appropriate Risk Response Planning of Build Operate Transfer Contracts for the Transportation Projects in Iraq

The identification of risks in construction projects gives advance indications of the potential risks that may occur during project planning, construction or management. Therefore, identifying those risks and preparing the necessary plans to respond to them is a key detail for the success of the pro...

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Main Authors: Radi Al-Aga Suhail F., Burhan Abbas M.
Format: Article
Language:English
Published: Sciendo 2022-12-01
Series:Civil and Environmental Engineering
Subjects:
Online Access:https://doi.org/10.2478/cee-2022-0040
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author Radi Al-Aga Suhail F.
Burhan Abbas M.
author_facet Radi Al-Aga Suhail F.
Burhan Abbas M.
author_sort Radi Al-Aga Suhail F.
collection DOAJ
description The identification of risks in construction projects gives advance indications of the potential risks that may occur during project planning, construction or management. Therefore, identifying those risks and preparing the necessary plans to respond to them is a key detail for the success of the project from its failure. The projects implemented in the manner of a Build Operate Transfer (BOT) contract are accompanied by many risks due to the multiplicity of parties and the multiplicity of their responsibilities, as well as the size of those projects because they are usually associated with infrastructure projects. The aim of this research is to identify the most prominent risks in BOT contracts and the planned response against each risk. The adopted methodology is through conducting interviews and a closed questionnaire (included 77 out of 100 respondents), and the adoption of statistical analysis through the SPSS program and the scale of relative importance.The relative importance index technique was used to rank the risks according to their importance and discuss the reasons for their classification. The results showed a list of the most important risks that would be generated if the BOT contract was applied to transportation projects in Iraq, as well as the appropriate planned response to each risk based on historical information for previous BOT projects.
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spelling doaj.art-6d472c713b4c4346aeadcbb6320204592023-01-19T12:54:42ZengSciendoCivil and Environmental Engineering2199-65122022-12-0118243043710.2478/cee-2022-0040Appropriate Risk Response Planning of Build Operate Transfer Contracts for the Transportation Projects in IraqRadi Al-Aga Suhail F.0Burhan Abbas M.1Civil Engineer, Baghdad University, Baghdad, Iraq.College of Engineering, Baghdad University, Baghdad, Iraq.The identification of risks in construction projects gives advance indications of the potential risks that may occur during project planning, construction or management. Therefore, identifying those risks and preparing the necessary plans to respond to them is a key detail for the success of the project from its failure. The projects implemented in the manner of a Build Operate Transfer (BOT) contract are accompanied by many risks due to the multiplicity of parties and the multiplicity of their responsibilities, as well as the size of those projects because they are usually associated with infrastructure projects. The aim of this research is to identify the most prominent risks in BOT contracts and the planned response against each risk. The adopted methodology is through conducting interviews and a closed questionnaire (included 77 out of 100 respondents), and the adoption of statistical analysis through the SPSS program and the scale of relative importance.The relative importance index technique was used to rank the risks according to their importance and discuss the reasons for their classification. The results showed a list of the most important risks that would be generated if the BOT contract was applied to transportation projects in Iraq, as well as the appropriate planned response to each risk based on historical information for previous BOT projects.https://doi.org/10.2478/cee-2022-0040bottransportation projectsrisksrisk managementrisk response
spellingShingle Radi Al-Aga Suhail F.
Burhan Abbas M.
Appropriate Risk Response Planning of Build Operate Transfer Contracts for the Transportation Projects in Iraq
Civil and Environmental Engineering
bot
transportation projects
risks
risk management
risk response
title Appropriate Risk Response Planning of Build Operate Transfer Contracts for the Transportation Projects in Iraq
title_full Appropriate Risk Response Planning of Build Operate Transfer Contracts for the Transportation Projects in Iraq
title_fullStr Appropriate Risk Response Planning of Build Operate Transfer Contracts for the Transportation Projects in Iraq
title_full_unstemmed Appropriate Risk Response Planning of Build Operate Transfer Contracts for the Transportation Projects in Iraq
title_short Appropriate Risk Response Planning of Build Operate Transfer Contracts for the Transportation Projects in Iraq
title_sort appropriate risk response planning of build operate transfer contracts for the transportation projects in iraq
topic bot
transportation projects
risks
risk management
risk response
url https://doi.org/10.2478/cee-2022-0040
work_keys_str_mv AT radialagasuhailf appropriateriskresponseplanningofbuildoperatetransfercontractsforthetransportationprojectsiniraq
AT burhanabbasm appropriateriskresponseplanningofbuildoperatetransfercontractsforthetransportationprojectsiniraq