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The Method of Planning the Implementation of Railway Investments Including Risk

Author(s):

Medium: journal article
Language(s): English
Published in: Archives of Civil Engineering, , n. 3, v. 65
Page(s): 45-60
DOI: 10.2478/ace-2019-0033
Abstract:

Almost every construction investment should contain elements of risk forecasting, whose validity depends, among other things, on the correct assessment of potential threats. These risks were defined by the Authors as risk factors that were characterized and then grouped on the basis of performed research in the scope of their identification. Due to lack of method of scheduling railway investments on the construction market, including risk assessment, a research effort was undertaken [14-17], the result of which is the proposed method. The article presents the main assumptions of the original method of rail investment planning, which on the one hand, will take into account the impact of potential threats identified previously by the Authors, and, on the other, will allow project managers to refer to the conditions in which the implementation of a specific facility is planned. The assumption was made that the method, relatively easy to implement, supported by an appropriate computational program, will encourage teams planning the implementation of railway undertakings to its application and will improve the reliability of the schedules they develop.

Structurae cannot make the full text of this publication available at this time. The full text can be accessed through the publisher via the DOI: 10.2478/ace-2019-0033.
  • About this
    data sheet
  • Reference-ID
    10378728
  • Published on:
    10/11/2019
  • Last updated on:
    10/11/2019
 
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