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Critical Success Factors For Build Operate Transfer (bot) Projects: Lessons Learned From Airport Projects

BOT model is widely used in developing countries to facilitate
the construction of immediately needed infrastructure projects with
both technical and financial risks being borne by the private sector.
BOT model differs from traditional ones because of its financial
structure and operation service that is included in the concession. The
aim of this research is to identify the critical success factors (CSFs) for
BOT projects by examining real BOT projects, mainly airport projects.
In this research, a detailed literature survey has been carried out as well
as in-depth interviews with experts to identify the CSFs that are
categorized in 13 groups. Based on these factors, a decision support
v
checklist has been developed. The checklist has the &ldquo / source&rdquo / of each
CSF and the &ldquo / phase&rdquo / of the project that the CSF will have an effect.
Finally two BOT projects, namely Dalaman and Aktau International
Airport Projects, are studied thoroughly using the developed checklist.
This research gives clear description and understanding of CSFs
for airport projects which was a missing part in the construction
management literature together with illustrative real cases. The findings
of this research may be helpful for decision makers at the initial stages
of BOT projects by providing a checklist of CSFs and demonstrating
their significance in each phase of a BOT project.

Identiferoai:union.ndltd.org:METU/oai:etd.lib.metu.edu.tr:http://etd.lib.metu.edu.tr/upload/12613513/index.pdf
Date01 August 2011
CreatorsKashef, Mohammad
ContributorsDikmen Toker, Irem
PublisherMETU
Source SetsMiddle East Technical Univ.
LanguageEnglish
Detected LanguageEnglish
TypeM.S. Thesis
Formattext/pdf
RightsTo liberate the content for public access

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