Build-Operate-Transfer (BOT) contracts have been increasingly adopting for large infrastructure projects. However, BOT contracts have been a very important model for the investing and building the basic establishment. In order to improve management level and risk management ability for BOT projects, the model of integrated risk management for BOT projects is discussed in this paper. The risk involved in each phase of the project is analyzed. This paper suggests methods to mitigate these risks and put forward the correlative management flow and risk management process system as well as support technology. The method and technique put forward by this paper would be used for risk management of BOT projects. And it is effective for improve risk management ability and reduce the risk in BOT projects.
The Role of Standardization in Improving the Effectiveness of Integrated Risk Management
