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Bower, D A (2000) A systematic approach to the evaluation of indirect costs of contract variations. Construction Management and Economics, 18(03), 263-8.

Cheung, S-O, Tam, C M, Ndekugri, I and Harris, F C (2000) Factors affecting clients' project dispute resolution satisfaction in Hong Kong. Construction Management and Economics, 18(03), 281-94.

Hooper, A and Nicol, C (2000) Design practice and volume production in speculative housebuilding. Construction Management and Economics, 18(03), 295-310.

Lai, L W C (2000) The Coasian market-firm dichotomy and sub-contracting in the construction industry. Construction Management and Economics, 18(03), 355-62.

Love, P E D, Li, H, Irani, Z and Faniran, O (2000) Total quality management and the learning organization: a dialogue for change in construction. Construction Management and Economics, 18(03), 321-31.

Ofori, G (2000) Globalization and construction industry development: research opportunities. Construction Management and Economics, 18(03), 257-62.

Ozdogan, I D and Birgonul, M T (2000) A decision support framework for project sponsors in the planning stage of build-operate-transfer (BOT) projects. Construction Management and Economics, 18(03), 343-53.

  • Type: Journal Article
  • Keywords: BOT; Monte Carlo simulation; risk management
  • ISBN/ISSN: 0144-6193
  • URL: https://doi.org/10.1080/014461900370708
  • Abstract:

    Every decision-making problem is oriented towards the selection of the correct strategies for achieving objectives, and depends on the assumptions associated with different scenarios. Project planning in a buildoperate-transfer (BOT) project is a complicated decision-making problem because the model has a complex financial and organizational structure which is influenced also by the socio-economic environment in a country. A decision support framework is reported, as used in the planning stage of a hydropower plant project in Turkey, which helped the project company to check project viability against some predefined critical success factors, define the risk sharing scenarios under which a project becomes viable, incorporate risks into cash flow analysis and, finally, define effective risk mitigation strategies. Key challenges in the realization of BOT projects, particularly in developing countries, are discussed together with possible risk sharing principles between the private and public sector participants.

Rogers, M (2000) Using Electre III to aid the choice of housing construction process within structural engineering. Construction Management and Economics, 18(03), 333-42.

Slaughter, E S and Shimizu, H (2000) 'Clusters' of innovations in recent long span and multi-segmental bridges. Construction Management and Economics, 18(03), 269-80.

Wang, S Q and Anson, M (2000) Comparison of the concreting productivities in Hong Kong and Beijing and a proposed comparison methodology. Construction Management and Economics, 18(03), 363-72.

Wang, S Q, Tiong, R L K, Ting, S K and Ashley, D (2000) Foreign exchange and revenue risks: analysis of key contract clauses in China's BOT project. Construction Management and Economics, 18(03), 311-20.