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APPROVAL RISKS IN TRANSPORTATION INFRASTRUCTURE PROJECTS IN INDIA

机译:印度交通基础设施项目的批准风险

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With the growth in Indian economy, major infrastructure development initiatives have been undertaken by the Governments at the central, state and local body levels. Transportation infrastructure projects recently undertaken in India have experienced large cost and time overruns. The development, construction and operation of the infrastructure facilities need a number of permits and approvals. These projects are more vulnerable to approval delays because they require various statutory and non statutory approvals and clearances during the development phase and project specific approvals during the implementation phase. This paper discusses the preliminary phase of the research to investigate and evaluate the impact of the various approval risks on the outcome of transportation infrastructure projects. Critical approval risks and risk sources have been identified through literature review and interviews with key experts in the various transportation sectors such as airports, metro rail and roads. The approval risks are structured in three levels through a risk breakdown structure (RBS). Approval risks are classified into development approval risks and implementation approval risks. Development approval risks are further broken down into statutory and non statutory approval risks. The identified approval risks will benefit the developers and project managers of the infrastructure projects to better plan infrastructure projects taking into account impact of these risks.
机译:随着印度经济的增长,各国政府在中央,州和地方机构一级采取了重大的基础设施发展举措。印度最近开展的运输基础设施项目经历了巨大的成本和时间超支。基础设施的开发,建设和运营需要大量许可和批准。这些项目更容易受到审批延迟的影响,因为它们在开发阶段需要各种法定和非法定的批准和审批,而在实施阶段则需要项目的特定批准。本文讨论了研究的初步阶段,以调查和评估各种审批风险对交通基础设施项目成果的影响。通过文献回顾和与不同运输部门(例如机场,地铁和道路)的关键专家的访谈,已经确定了关键的批准风险和风险来源。批准风险通过风险分解结构(RBS)分为三个级别。批准风险分为开发批准风险和实施批准风险。开发批准风险进一步细分为法定和非法定批准风险。确定的批准风险将使基础结构项目的开发人员和项目经理受益,以便在考虑到这些风险的影响后更好地计划基础结构项目。

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