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...
Main Authors: | , |
---|---|
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 |
_version_ | 1797947814077005824 |
---|---|
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. |
first_indexed | 2024-04-10T21:32:40Z |
format | Article |
id | doaj.art-6d472c713b4c4346aeadcbb632020459 |
institution | Directory Open Access Journal |
issn | 2199-6512 |
language | English |
last_indexed | 2024-04-10T21:32:40Z |
publishDate | 2022-12-01 |
publisher | Sciendo |
record_format | Article |
series | Civil and Environmental Engineering |
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 |