Attributes of high-speed rail project

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Reference no: EM131432858

Developing an HHM for a High-Speed Rail Project

The purpose of this problem is to identify diverse characteristics and attributes of a high-speed rail project. A High-Speed Rail (HSR) project is currently the most important transportation goal in one state and will be a key component in its economic future. This is the first state public infrastructure project based on the Build, Operate, Transfer (BOT) method,This means that the state invites investment proposals from the private sector, to select the main contractor for the project.The state government then negotiates a Construction & Operation Agreement (C&OA) with the main contractor to secure financing for the project and design, construct, operate, and maintain the complete system, then ultimately transfer it back to the government. According to the C&OA, the main contractor will build and operate the HSR system for a period of 35years. The government also grants the main contractor the exclusive right to undertake property development around station areas for a period of 50 years.

Construct a Hierarchical Holographic Model (HHM) to identify risks in the HSR project described above. Through identification of potential risks in the HSR project, government decision-makers will be able to gain insights into all thesystem components as well as to identify risks and their relationships to system components.

Reference no: EM131432858

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