Consideration of risk in PPP-projects

Consideration of risk in PPP-projects

Blog Article

Risk management has become a core competence for companies operating in construction services.In particular regarding Real Estate Development and Construction Management the fundamental knowledge and the dedicated ap- plication of Boys Pants risk assessment turn out to be critical.Construction Management deals with a multitude of local and temporal issues which are unknown or only given by statistical evaluation while conducting a unique construction project within a very tight frame of budget and time.Real Estate projects focus on the predictability of profitable operation for a fairly long period in advance and are therefore subject to many more and more voluminous uncertainties.

With PPP-projects a more or less complete federal task is awarded to a private company.Its extent varies but com- prises at least design, construction and operation of a real estate project, e.g.a toll road, bridge, tunnel or other infrastructural object.

Durations of such contracts of- ten extend to some 20 to 30 years.In this article the applicability of traditional means of risk management is inves- tigated for the Filter Grille Retaining Clip use on PPP-projects and limits of risk consequences are pointed out.Finally we come to the conclusion, that the resulting unavertable risks tend to exceed every surcharge that could be successfully placed on a market.