Risk Analysis Application in Highway Projects
Highway projects are large investment projects and have many risk factors. It is possible to reduce the problems that may affect the success of a project by managing such risk factors through a comprehensive risk management strategy. In this study, it was aimed to determine the significance levels o...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Düzce University
2021-05-01
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| Series: | Düzce Üniversitesi Bilim ve Teknoloji Dergisi |
| Subjects: | |
| Online Access: | https://dergipark.org.tr/tr/download/article-file/1472375 |
| _version_ | 1797300875433082880 |
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| author | Eray Köseoğlu Ali Erkan Karaman |
| author_facet | Eray Köseoğlu Ali Erkan Karaman |
| author_sort | Eray Köseoğlu |
| collection | DOAJ |
| description | Highway projects are large investment projects and have many risk factors. It is possible to reduce the problems that may affect the success of a project by managing such risk factors through a comprehensive risk management strategy. In this study, it was aimed to determine the significance levels of risk factors faced in highway projects. Risk factors seen in agreement, design and construction stages of highway projects were specified by carrying out a literature review. The specified risk factors were classified under 7 main titles according to the source of risk, and emergence of the relevant risk factor at which stage of the highway project along with which sub-risks was investigated. Risk factors were evaluated by administrating questionnaires to the individuals experienced in highway projects and specialised in their fields. Later on, risk analysis was performed using the decision matrix method and their importance levels were determined. Obtained results suggested that the risk of economic crisis under the title of economic and political risks was the most important risk factor. |
| first_indexed | 2024-03-07T23:13:16Z |
| format | Article |
| id | doaj.art-ca058d211ea14e0c847b250c617b451f |
| institution | Directory Open Access Journal |
| issn | 2148-2446 |
| language | English |
| last_indexed | 2024-03-07T23:13:16Z |
| publishDate | 2021-05-01 |
| publisher | Düzce University |
| record_format | Article |
| series | Düzce Üniversitesi Bilim ve Teknoloji Dergisi |
| spelling | doaj.art-ca058d211ea14e0c847b250c617b451f2024-02-21T14:07:29ZengDüzce UniversityDüzce Üniversitesi Bilim ve Teknoloji Dergisi2148-24462021-05-019352052910.29130/dubited.84811297Risk Analysis Application in Highway ProjectsEray Köseoğlu0Ali Erkan Karaman1BALIKESİR ÜNİVERSİTESİ, FEN BİLİMLERİ ENSTİTÜSÜBALIKESİR ÜNİVERSİTESİ, MÜHENDİSLİK FAKÜLTESİHighway projects are large investment projects and have many risk factors. It is possible to reduce the problems that may affect the success of a project by managing such risk factors through a comprehensive risk management strategy. In this study, it was aimed to determine the significance levels of risk factors faced in highway projects. Risk factors seen in agreement, design and construction stages of highway projects were specified by carrying out a literature review. The specified risk factors were classified under 7 main titles according to the source of risk, and emergence of the relevant risk factor at which stage of the highway project along with which sub-risks was investigated. Risk factors were evaluated by administrating questionnaires to the individuals experienced in highway projects and specialised in their fields. Later on, risk analysis was performed using the decision matrix method and their importance levels were determined. Obtained results suggested that the risk of economic crisis under the title of economic and political risks was the most important risk factor.https://dergipark.org.tr/tr/download/article-file/1472375otoyol projeleri,otoyol projelerinde risk analizi,karar matrisi yöntemihighway projects,risk analysis in highway projects,decision matrix method |
| spellingShingle | Eray Köseoğlu Ali Erkan Karaman Risk Analysis Application in Highway Projects Düzce Üniversitesi Bilim ve Teknoloji Dergisi otoyol projeleri, otoyol projelerinde risk analizi, karar matrisi yöntemi highway projects, risk analysis in highway projects, decision matrix method |
| title | Risk Analysis Application in Highway Projects |
| title_full | Risk Analysis Application in Highway Projects |
| title_fullStr | Risk Analysis Application in Highway Projects |
| title_full_unstemmed | Risk Analysis Application in Highway Projects |
| title_short | Risk Analysis Application in Highway Projects |
| title_sort | risk analysis application in highway projects |
| topic | otoyol projeleri, otoyol projelerinde risk analizi, karar matrisi yöntemi highway projects, risk analysis in highway projects, decision matrix method |
| url | https://dergipark.org.tr/tr/download/article-file/1472375 |
| work_keys_str_mv | AT eraykoseoglu riskanalysisapplicationinhighwayprojects AT alierkankaraman riskanalysisapplicationinhighwayprojects |