International conference on construction engineering and project management (국제학술발표논문집)
- 2007.03a
- /
- Pages.498-508
- /
- 2007
- /
- 2508-9048(eISSN)
AN EFFECT ANLYSIS OF RISK FACTORS FOR BUILD TRANSFER LEASE PROJECTS
- Yang-Woo Lee (Interdisciplinary Program of Construction Engineering and Management, Pukyong National University) ;
- Soo-Yong Kim (Division of Construction Engineering, Pukyong National University) ;
- Jung-Man Jung (ACM Architecture INC) ;
- Dae-Young Kim (School of Architecture, Kyoungnam University)
- Published : 2007.03.01
Abstract
The Build-Transfer-Lease (BTL) projects have rapidly increased under the Government support during recent years. This paper presents the risk analysis of factors affecting BTL projects in the initial phase. This study resulted in 10 significant risk factors influencing on each phase of BTL projects and then factors were grouped into each phase. The sensitivity analysis was also performed to identify risk factors with more significant influence on BTL projects. The results may useful to practitioners in order to cope with risks in initial phase of BTL projects. The paper resulted in the distribution of risks to project parties, thus it can be used as standards for risk assignment to competent authorities and private enterprises of BTL projects.