Operational risk allocation in urban rail transit public–private partnership projects

Operation risk (OR) has affected sustainable development of urban rail transit (URT) public–private partnership (PPP) projects in China. Balanced distribution of operational risks among stakeholders (the public, government, and private companies) involved in URT PPP projects can maximize overall profit. Quantitative analysis of operational...

Identifying the key risk factors of mega infrastructure projects from an extended sustainable development perspective

Mega infrastructure projects (MIPs) have become increasingly important to the realization of sustainable development in China. Sustainable development is a process of dynamic balance, and coordinating the triple bottom line (the environmental, social, and economic dimensions) will enable more sustainable development of MIPs. However, previous...

Risk assessment of high-speed rail projects: A risk coupling model based on system dynamics

Due to their characteristics and multiple objectives, high-speed rail (HSR) projects carry more complex risks than conventional projects and high correlation and conductivity are among the associated risk factors. Previous risk assessment frameworks for rail infrastructure have ignored the effects of risk interactions that inflate risk levels...

An indicator system for evaluating operation and maintenance management of mega infrastructure projects in China

Mega infrastructure projects provide a basic guarantee for social development, economic construction, and livelihood improvement. Their operation and maintenance (O&M) management are of great significance for the smooth operation and the realization of the value created by the projects. In order to provide an approach for effectively...

On the relationship between compensation difference and voluntary turnover rate of core staff and enterprise performance of small and micro technology enterprises based on tournament theory

Small and micro technology enterprises are the most active and promising groups in scientific and technological innovation. The health and stability of these enterprises are critical to the steady and rapid development of the national economy. Based on the tournament theory and empirical analysis, this paper probes into the influence of...