Risk management in the Lusoponte concession : a case study of the two bridges in Lisbon, Portugal
de Lemos, Teresa, Eaton, David, Betts, Martin, & de Almeida, Luis Tadeu (2004) Risk management in the Lusoponte concession : a case study of the two bridges in Lisbon, Portugal. International Journal of Project Management, 22(1), pp. 63-73.
The case study of Lusoponte illustrates the concession awarded by the Portuguese Government to finance, design, build and operate two bridges over the Tagus in Lisbon, Portugal. It includes an overview of the project's background and an analysis of the main risk categories stating both the actual risks encountered and the mitigation measures adopted. Throughout the project a great attention was given to whole life cycle costs, and gains in efficiency and cost control. Among the lessons that can be learned from both the public and private sector is that a complete risk management analysis must include not only the technical factors but also a realistic assessment of environmental and social risks. These were the risks that were somewhat overseen and that caused the main problems to the project's development.
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|Item Type:||Journal Article|
|Keywords:||Managing projects, Risk management, Whole life cycle cost|
|Subjects:||Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > BUSINESS AND MANAGEMENT (150300)
Australian and New Zealand Standard Research Classification > BUILT ENVIRONMENT AND DESIGN (120000) > BUILDING (120200) > Building Construction Management and Project Planning (120201)
|Divisions:||Past > QUT Faculties & Divisions > Faculty of Built Environment and Engineering|
|Deposited On:||13 Apr 2010 05:19|
|Last Modified:||29 Feb 2012 13:29|
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