Publication detail

RISK ANALYSIS OF INVESTMENT IN WATERWAY INFRASTRUCTURE

BARTOŠ, M. ZÁHORSKÁ, H. HROMÁDKA, V. VÍTKOVÁ, E. WALDHANS, M.

Original Title

RISK ANALYSIS OF INVESTMENT IN WATERWAY INFRASTRUCTURE

Type

conference paper

Language

English

Original Abstract

The project represents a unique process consisting of a number of dependent activities that bear great amount of risk. Toensure the success rate of the project, it is necessary to deal with risks already in the pre-investment phase, which can be done usingthe risk analysis, i.e. an inseparable part of the decision-making process regarding the feasibility of an investment. This article dealswith investment in waterway infrastructure, namely in the Elbe waterway, a part of trans-European transport network. The current state of the Elbe waterway is characterized by its significant unreliability depending on navigational conditions. In the Czech Republic, Methods of Effectiveness Evaluation of Investment in Waterways is currently used as it also includes risk assessment. The article focuses on the comparison of risk assessment methods, thus the above-mentioned Methods and the empirical RIPRANTM method. Both methods are demonstrated on a case study of a project connected to the development of waterway infrastructure, namely the most significant construction in terms of navigability of the Elbe from Děčín towards Germany. The aim of this article is to propose an adjustment of the current method of risk assessment of investment projects based on the results obtained by the comparison.

Keywords

RIPRAN, risk analysis, waterways, risk assessment of investment

Authors

BARTOŠ, M.; ZÁHORSKÁ, H.; HROMÁDKA, V.; VÍTKOVÁ, E.; WALDHANS, M.

Released

24. 11. 2016

Publisher

City Net Scientific Research Center Ltd. Belgrade

Location

Belgrade, Serbia

ISBN

978-86-916153-3-8

Book

ICTTE BELGRADE 2016 - PROCEEDINGS OF THE THIRD INTERNATIONAL CONFERENCE ON TRAFFIC AND TRANSPORT ENGINEERING

Pages from

737

Pages to

743

Pages count

7

BibTex

@inproceedings{BUT130156,
  author="Miroslav {Bartoš} and Hana {Bartošová} and Vít {Hromádka} and Eva {Vítková} and Miloš {Waldhans}",
  title="RISK ANALYSIS OF INVESTMENT IN WATERWAY INFRASTRUCTURE",
  booktitle="ICTTE BELGRADE 2016 - PROCEEDINGS OF THE THIRD INTERNATIONAL CONFERENCE ON TRAFFIC AND
TRANSPORT ENGINEERING",
  year="2016",
  pages="737--743",
  publisher="City Net Scientific Research Center Ltd. Belgrade",
  address="Belgrade, Serbia",
  isbn="978-86-916153-3-8"
}