Research Projects

Managing Risk in the Mega-Project Era

It is imperative that entities preparing to undertake a major airport terminal or expansion project understand what risks are involved and how those risks can be mitigated. If the proposed research is conducted and an intuitive database of risk-management contract provisions is created, entities interested in participating in such a "mega project" would be able to identify how best to manage the associated risk: this would dramatically increase the potential returns from participating in such a future construction project, thereby increasing participation in the construction, maintenance, and enhancement of airport terminal and expansion projects.

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Idea No. 208