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To run System of BOT financing mode based on the philosophy of engineering

Author: SuHaiHong
Tutor: WangSongJiang
School: Kunming University of Science and Technology
Course: Management Science and Engineering
Keywords: BOT financing mode Philosophy of Engineering Value Engineering
CLC: F283
Type: Master's thesis
Year: 2009
Downloads: 37
Quote: 0
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Abstract


Construction of public infrastructure has a very important meaning, but it also has a long construction period, investment risk, complex stakeholder relations and so on, so the construction and development of infrastructure to become a major problem plagued Governments. Governments began to adopt the form of public-private partnerships and the development of public infrastructure. Public infrastructure financing model, BOT financing mode by the attention and favor of the Governments and investors, it ease the pressure on government funds, do not have the advantage of traditional financing models bring advanced technology, has been public recognition. Developed countries it is an effective way as public infrastructure projects, while developing countries it is regarded as an important means for the introduction of foreign capital and advanced technology. Value engineering is based on the lowest life-cycle cost, to achieve the necessary functionality of the product, focused on the functional analysis of organized activities, optimize cost, performance activities, based on a quantitative analysis method to improve the value of the product as the goal. It is the ultimate aim is to improve the value, reduce costs, the key is to use creative thinking to come up with innovative programs. Engineering activities are the basis of the existence and development of modern society, the engineering innovation is the main battlefield of the innovation activities, there are many philosophical proposition in engineering activities. Philosophy of engineering research at this stage, mainly to the philosopher's theory study and engineering philosophy weak basic research, theory, systematic monograph less academic community is yet to be established, there is no form acceptable the joint research program. The Engineering Philosophy major system view, the view of society, the idea of ??ecology, ethics, and culture and values ??and so on, this article is based on the values ??of the philosophy of engineering, value engineering study generalized BOT operating mode. In this article, the first is the work of the various stages of the project run Decomposition (WBS), and re-use the expert evaluation score on each stage of the work, the core issue in order to determine the stage in turn and then applied to each value engineering the core problem in the stage of research, and to draw the appropriate conclusions. In addition, in order to prove the feasibility of this study to Queensland - Wu Expressway as a case, the use of value engineering to its core issues, specific research, thus proving the value engineering in the actual running of the project is viable. Innovative engineering philosophy as the theoretical basis of the BOT system research BOT with WBS Work Breakdown expert scoring method was evaluated to determine the core work of the decomposition work, and innovative value engineering is applied to the core of the BOT problems in the decision-making process, and run to the actual case. I hope this article can enrich the BOT, theoretical knowledge of the philosophy of engineering, value engineering, and actual financing projects, play some inspirations.

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CLC: > Economic > Economic planning and management > Infrastructure the economy > Infrastructure investment and economic benefits
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