Risk Management in BOT
Journal Title: International Journal of Scientific Research and Management - Year 2016, Vol 4, Issue 9
Abstract
he significance of the road sector in India cannot be undervalued. It’s one in all the key factors within the economic and cultural progress of the nation . The growth of the infrastructure sector in India has been comparatively slow compared with the commercial and manufactur ing sectors. The energy shortage, an inadequate transportation network, and an inadequate water system have caused a bottleneck within the country’s economic growth. The Build - Operate - Transfer (BOT) scheme is currently becoming one in all the prevailing ways that for infrastructure development in India to fulfill the requirements of India’s future economic growth and developme nt. Risk ma nagement used as a tool in managing projects so as to reduce risk particularly for projects that involved an enormous amount of cash. In this paper, t he factors liable for time overruns for BOT projects are known through a survey. Analysis of the data coll ected from experts is done by AHP. The relative importance and significance of those factors are investigated. The various types of risk encountere d in BOT projects were investigated from the aspect of various key participants. The main purpose of this pre sent work is to investi gate critical risks related to Build - Operate - Transfer (BOT) projects in India.
Authors and Affiliations
Sudhir Kumar
Keywords
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