The Study On Risk Management Of The Motorway BOT Project

With the development of BOT project in our country, it plays a more and more important role in the society. The smooth implementation of BOT project has great economic and social value. Therefore, the risk of BOT project during its implementation becomes the key question of common concern for all the participants.Any BOT project has risk, but how to appraise the risk effectively is a realistic problem remained to solve.This thesis analyzes and estimates the risk of BOT project and then sets up an assessment system for risk of BOT project on the basis of all the participants'risk and phased risk decisions.The definite purpose is to seek and find the effective method to evaluate the risk of BOT project and give certain reference to the management of BOT project.Motorway BOT project is the best example of BOT project.The motorway engineering project is carries on in the complex nature and the social environment, it is a long construction cycle, need more invests, requests much technology, the internal structure of it is complicated, it is also a construction process with widespread external relations.In this process, it has massive existences unsure factors, and would be changed;the risk from it frequently affects the engineering Project's implementation.The highway engineering project has many risks, if these risks can't be handle well, the owner and constructor w ill suffer enormous losses.Therefore, the risk is an important factor will lead the road engineering project to success or failure, in order to avoid or to reduce the owner's and constructor's loss, it is necessary to study highway engineering project risk management.This paper integrates BOT project risk management theory with the realistic characteristics of BOT project.Through consulting a large amount of domestic and international relevant materials and on the basis of the data gathered by survey and spot investigation, the paper confirms and divides the risk factors of BOT project from the point of view of participants and phased to make the complex risk analysis easier,then fuzzes risk factors by fuzzy comprehensive evaluation,and gets the project's risk grades.Finally,base on analyses and evaluation effects , the owner pertinence proceeds risk countermeasure,and carry into execution in the engineering construction process,smoothly ensure the engineering project completion.