摘要: |
Risk, assessment, allocation and mitigation is essential key for successful implementation of projects specially toll roads. Public Sector (Government) and Private Sector (Concessionaire) together are responsible for completion of project. However, all other stakeholders are also important to share their contributions towards effective completion and operation of PPP/BOT project.This paper deals with risk involved and mitigation methods of Toll Roads, having realised that public sector and private sector are carrying various risks. The author has suggested that the risk mitigation should be taken in advance as a preventive measure and not as a Fire Fighting instrument. Risk at different stages should be reviewed, analysed and tackled with proper mitigation method to ensure better output from PPP projects.Methodology adopted by author after data collection and study through pilot questionnaire, interaction with various stakeholders and study of various PPP/BOT projects to ascertain the risk evolved during execution and operation of the project. Author has suggested concept of risk mitigation, followed by recommendation and conclusion so as to ensure smooth completion and operation of PPPproject. |