Risk management: Where are the greatest risks in the airport development lifecycle and what factors should be front of mind?

Marcelo Mota
Additional contact information
Marcelo Mota: Director of Operations and COO, Aeroportos Brasil Viracopos, Brazil

Journal of Airport Management, 2016, vol. 10, issue 3, 229-244

Abstract: Airports continue to be built or expanded around the world in order to match capacity to the continuous growth of demand for air transportation. Constructing and delivering an airport is no easy task, however. The complexity, sheer size and budget of such an endeavour put this type of project in the category of a mega project — and, consequently, in the category of a risky business. Risk, however, is manageable. The key to succeeding in managing uncertainty and its potential consequences is to understand what the greatest risks are in an airport development project — and, specifically, where they are in each stage of the project’s life cycle — and then address them with best business and project management practices. In doing so, three major risk factors — systems integration, project interface management and people and operational readiness — require more attention and specific approaches.

Keywords: risk management; project life cycle; airport development; systems integration; project interface management; ORAT; people readiness (search for similar items in EconPapers)
JEL-codes: M1 M10 R4 R40 (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations:

Downloads: (external link)
https://hstalks.com/article/3400/download/ (application/pdf)
https://hstalks.com/article/3400/ (text/html)
Requires a paid subscription for full access.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aza:jam000:y:2016:v:10:i:3:p:229-244

Access Statistics for this article

More articles in Journal of Airport Management from Henry Stewart Publications
Bibliographic data for series maintained by Henry Stewart Talks ().