Research Article

Risk Analysis Application in Highway Projects

Volume: 9 Number: 3 May 29, 2021
TR EN

Risk Analysis Application in Highway Projects

Abstract

Highway projects are large investment projects and have many risk factors. It is possible to reduce the problems that may affect the success of a project by managing such risk factors through a comprehensive risk management strategy. In this study, it was aimed to determine the significance levels of risk factors faced in highway projects. Risk factors seen in agreement, design and construction stages of highway projects were specified by carrying out a literature review. The specified risk factors were classified under 7 main titles according to the source of risk, and emergence of the relevant risk factor at which stage of the highway project along with which sub-risks was investigated. Risk factors were evaluated by administrating questionnaires to the individuals experienced in highway projects and specialised in their fields. Later on, risk analysis was performed using the decision matrix method and their importance levels were determined. Obtained results suggested that the risk of economic crisis under the title of economic and political risks was the most important risk factor.

Keywords

References

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Details

Primary Language

English

Subjects

Engineering

Journal Section

Research Article

Publication Date

May 29, 2021

Submission Date

December 28, 2020

Acceptance Date

April 12, 2021

Published in Issue

Year 2021 Volume: 9 Number: 3

APA
Karaman, A. E., & Köseoğlu, E. (2021). Risk Analysis Application in Highway Projects. Duzce University Journal of Science and Technology, 9(3), 520-529. https://doi.org/10.29130/dubited.848112
AMA
1.Karaman AE, Köseoğlu E. Risk Analysis Application in Highway Projects. DUBİTED. 2021;9(3):520-529. doi:10.29130/dubited.848112
Chicago
Karaman, Ali Erkan, and Eray Köseoğlu. 2021. “Risk Analysis Application in Highway Projects”. Duzce University Journal of Science and Technology 9 (3): 520-29. https://doi.org/10.29130/dubited.848112.
EndNote
Karaman AE, Köseoğlu E (May 1, 2021) Risk Analysis Application in Highway Projects. Duzce University Journal of Science and Technology 9 3 520–529.
IEEE
[1]A. E. Karaman and E. Köseoğlu, “Risk Analysis Application in Highway Projects”, DUBİTED, vol. 9, no. 3, pp. 520–529, May 2021, doi: 10.29130/dubited.848112.
ISNAD
Karaman, Ali Erkan - Köseoğlu, Eray. “Risk Analysis Application in Highway Projects”. Duzce University Journal of Science and Technology 9/3 (May 1, 2021): 520-529. https://doi.org/10.29130/dubited.848112.
JAMA
1.Karaman AE, Köseoğlu E. Risk Analysis Application in Highway Projects. DUBİTED. 2021;9:520–529.
MLA
Karaman, Ali Erkan, and Eray Köseoğlu. “Risk Analysis Application in Highway Projects”. Duzce University Journal of Science and Technology, vol. 9, no. 3, May 2021, pp. 520-9, doi:10.29130/dubited.848112.
Vancouver
1.Ali Erkan Karaman, Eray Köseoğlu. Risk Analysis Application in Highway Projects. DUBİTED. 2021 May 1;9(3):520-9. doi:10.29130/dubited.848112

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