Risks and Risk Management in Heavy Cost Infrastructure Projects

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dc.contributor.authorAkbiyikli, Rıfat
dc.contributor.authorDıkmen, Ümit
dc.contributor.authorEaton, David
dc.contributor.organizationDüzce Universityen
dc.date.accessioned2020-11-16T12:10:09Z
dc.date.available2020-11-16T12:10:09Z
dc.date.issued2020-11
dc.description.abstractConstruction projects always include risks. The types, sources, causes and magnitudes of these risks, depending on project specific parameters such as the type of work, size, location and duration of the project can vary greatly. Especially, in the case of major heavy cost infrastructure projects, natural disasters, that would often form the basis of force majeure clauses in construction contracts, may occur during the operational period and not in the construction period. Such an occurrence not only affects the operation but may adversely affect the feasibility of the project. Though the emergence of such a situation can be due to many different reasons, in each case, working to limited budgets is a major factor. The objective of this study is to demonstrate, through a systematic approach, that these potential impacts on the project strategy determined at the conceptual stage can have major implications on the total cost and duration of any major infrastructure projects.en
dc.identifier.citationAkbıyıklı, R., Dıkmen, Ü., Eaton, D. (2020). Risks and Risk Management in Heavy Cost Infrastructure Projects. Journal of Current Construction Issues. CIVIL ENGINEERING PRESENT PROBLEMS, INNOVATIVE SOLUTIONS - Challenges Facing the Construction Industry: 91-112.en
dc.identifier.isbn978-83-87480-08-0
dc.identifier.urihttps://open.icm.edu.pl/handle/123456789/19092
dc.language.isoen
dc.publisherBGJ Consultingen
dc.rightsUznanie autorstwa-Użycie niekomercyjne-Na tych samych warunkach 3.0 Polska*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-sa/3.0/pl/*
dc.subjectnatural disastersen
dc.subjectfloodsen
dc.subjectinsuranceen
dc.subjectinfrastructureen
dc.subjectcosten
dc.subjectrisk managementen
dc.titleRisks and Risk Management in Heavy Cost Infrastructure Projectsen
dc.typearticleen
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