Abstract

Increasing population and urbanization highlight the ventures in the construction of mega transportation projects handled by PPPs. Build–Operate–Transfer (BOT) is the most common financial model implemented for those projects. In order to increase the performance of those projects, long term planning (strategic management) and short term planning (project management) should be integrated for risk allocation between public and private stakeholders. Thus, along with risk factors such as political, economic, social, environmental, market, financial and construction; project management competence risks should also be well determined, analyzed and managed to provide stakeholder satisfaction with an efficient project management. In this context, this study aims to determine and rate project management competence risks in BOT transportation projects. With this aim, focus group discussions were carried out with experts from construction companies and universities in order to reveal the importance of project management competence risks in BOT transportation projects. Gathered data were then analyzed with SMART in order to identify their significance in the projects. The findings of the study can be used as a base to manage project management competence risks in order to increase project success.

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