Journal articles on the topic 'Transport infrastructure project'
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Sablina, Alisa, and Svetlana Borodulina. "The development of transport infrastructure development projects." E3S Web of Conferences 326 (2021): 00034. http://dx.doi.org/10.1051/e3sconf/202132600034.
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In modern conditions, one of the key factors in the economic growth of any territory is an efficiently functioning infrastructure that determines the quality of life of the population and business activity in all sectors of the economy. Transport, which is the most important element of infrastructure, implies the need to constantly improve the quality of services provided to the population in order to form a single economic space on the territory of the country. The article discusses the methods of assessment and selection of transport infrastructure development projects currently used in Russia and abroad. The problems of applying the existing methods have been identified, which requires their refinement and improvement. The article proposes a method for multi-criteria assessment and selection of transport infrastructure development projects. It will contribute to the fastest and most effective achievement of the transport infrastructure development project goals in the regions and in the country as a whole. In addition, a mechanism for calculating the effects of project implementation on related industries has been determined. Methods for assessing the risk of project implementation are proposed. The scheme of the proposed method is presented, which allows monitoring the implementation of the project by checkpoints. The paper also presents an algorithm for multi-criteria assessment and selection of projects, demonstrating the possibility of practical application of the presented developments. The research on the basis of taking into account the interests of all potentially interested parties, solving systemic management problems (the absence of “manual guidance” and the introduction of a well-functioning selection mechanism), the clarity and transparency of the mechanisms developed allowed obtaining an adequate method and make the considered and selected project demanded and cost-effective on the market of transport services.
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Olga Yurievna, Bulatova. "USING BIG DATA IN TRANSPORT INFRASTRUCTURE." World of transport and technological machines 75, no. 4 (2021): 105–11. http://dx.doi.org/10.33979/2073-7432-2021-75-4-105-111.
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Presents the process of making strategic decisions based on the use of big data. A plan for op-timizing the functioning of the transport system using big data is also presented, which simplifies the implementation of the project: data integration, the launch of pilot projects, the creation of new tools and training of personnel take place in the context of a clear vision of a specific goal.
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Baitarakova, B., and N. Korabaeva. "IMPROVING THE MANAGEMENT OF TRANSPORT INFRASTRUCTURE PROJECTS." Statistika, učet i audit 83, no. 4 (September 15, 2021): 32–37. http://dx.doi.org/10.51579/1563-2415.2021-4.04.
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Today, it is important to use alternative methods and approaches that allow for more efficient and high-quality management of projects that take into account the real cost and duration of construction stages. The main idea of this study is to improve the process support of companies to increase the management efficiency indicators during the construction of transport facilities. The research is based on a systematic approach and software applied to construction processes. The combination of management relationships with properly selected and used resources, in the presence of innovative technologies, will allow achieving visible results in the implementation of projects. Project management based on a systematic approach, using modern software, is recommended for implementation and use in construction organizations, as it allows you to optimize calendar planning and increase economic efficiency, even in periods of uncertainty; it allows you to reduce resource costs and reduce construction time; take into account the risks of the project, as well as monitor and track the actual implementation of projects for the construction of transport infrastructure facilities.
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��������. "Methodological Basis of Infrastructural Project Implementation on Public and Private Partnership Foundation." Russian Journal of Project Management 2, no. 1 (March 29, 2013): 0. http://dx.doi.org/10.12737/281.
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The main task of country economy modernizing aimed to improve its competitiveness and sustainability is the corresponding infrastructure creation. This problem solution is possible only through the joint efforts of state and private business. In this article the common and specific factors that affect the transport infrastructure project management are revealed on the basis of infrastructural project managing experience analysis, the principles of public-private partnership (PPP) as the format of such projects� realization are systematized and developed taking into account their characteristics. The offers directed on improvement of organizational and economic mechanism of infrastructural project management in the railway infrastructure sphere in the PPP model (the life-cycle contract) are developed.
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PATRAKEEVA, Ol’ga Yu, and Olesya S. SAVEL’EVA. "The development of transport infrastructure of the Rostov-on-Don Oblast: The current state and priorities." National Interests: Priorities and Security 17, no. 9 (September 15, 2021): 1713–36. http://dx.doi.org/10.24891/ni.17.9.1713.
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Subject. The paper considers the current state and priorities of the transport infrastructure development of the Rostov-on-Don region with an emphasis on the effects of national and regional projects implementation. Objectives. The study overviews the statistical analysis of the current state of transport infrastructure in the Rostov-on-Don region, identifying key problems, determining the prospects and risks of implementing infrastructure transport projects. Methods. The methods of statistical and economic analysis are used. The available statistical indicators of the transport sector for 2000–2019 are analyzed. Results. The impact of infrastructure investment on economic growth is higher in regions with better-designed regional policies. At the same time, this conclusion only highlights the complexity of the channels through which infrastructure affects economic performance, as well as the problems that this complexity creates for empirical research. Studies on the relationship between infrastructure and economic growth have not produced definitive results. There is a positive correlation between the availability of regional transport infrastructure and availability of developed transport systems and economic indicators, for example, GRP. However, this correlation may reflect historical agglomeration processes, etc., rather than the current causal relationships. Conclusions and Relevance. The complex of infrastructural restrictions of the transport infrastructure of the Rostov region is the congestion of highways, the exhaustion of load-bearing road capacity and, as a result, the reduction of the transport permeability of the entire agglomeration. These problems put the implementation of projects to improve the transport and operational condition of the existing network of public roads, bringing the technical parameters and the level of engineering equipment of roads in line with the achieved traffic intensity levels among the priority tasks. The main tool for achieving the strategic goal is the Safe and High-Quality Roads national project. The implementation of the Rostov-on-Don Transport Ring project will also have a positive impact on the economic security of the region's road transport infrastructure.
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Martinsuo, Miia Maarit, Lauri Vuorinen, and Catherine Killen. "Lifecycle-oriented framing of value at the front end of infrastructure projects." International Journal of Managing Projects in Business 12, no. 3 (September 2, 2019): 617–43. http://dx.doi.org/10.1108/ijmpb-09-2018-0172.
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Purpose Infrastructure projects are expected to deliver value to their stakeholders long after completion. Project value is multi-dimensional and subjective and evolves over the project lifecycle. How stakeholders frame the expected value is central to the public debate about proposed infrastructure projects and influences the financing decisions; however, this framing is inadequately understood. The purpose of this paper is to develop new knowledge for shaping infrastructure projects by identifying the ways in which stakeholders frame project value at the project front end. Design/methodology/approach Three transport infrastructure projects are compared in a qualitative, document-based study. The authors map the dimensions of value at the project front end and identify stakeholders’ approaches to lifecycle-oriented framing of value. Findings Financial, social and comparative values are dominant in the project front end. The authors frame value into positive and negative dimensions and identify four themes in the lifecycle-oriented framing of value, including uncertainties, timing of cost and benefit realization, project relations and external sponsorship. Research limitations/implications The research is limited through the focus on transport infrastructure projects and project front end only, the selection of cases from a single country and the use of document-based data. The systematic analysis approach has yielded novel analytical frameworks that will be useful for further research. Practical implications This study identifies value dimensions that are specific to transport infrastructure projects and proposes a framework to assist stakeholders and project managers to better assess and negotiate value when designing their projects. Originality/value Regional and comparative values are revealed as novel aspects of value specific to infrastructure projects. The alternative lifecycle-oriented frames offer a new way to understand and structure the co-creation of value and shape negotiation for investment decisions in the project. A portfolio perspective to investment decision making is proposed.
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Roumboutsos, Athena, Alenka Temeljotov-Salaj, and Iosif Karousos. "Indicators for Sustainable Demand Risk Allocation in Transport Infrastructure Projects." Sustainability 12, no. 22 (November 19, 2020): 9650. http://dx.doi.org/10.3390/su12229650.
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Efficient risk allocation has been proven to be at the heart of effective and efficient infrastructure project operation. While most risks may be reasonably assigned in transport infrastructure projects, demand risk remains ambiguous due to the multiple factors influencing its appropriate allocation. The present research is a first attempt to introduce indicators as tools to guide contracting parties in assigning demand risk. The level of control, based on infrastructure characteristics and attributes, describes the potential control over demand an operator may have. The optimal demand risk allocation is seen as an assessment of the appropriateness of demand risk allocation effected. The indicators are constructed following accomplished rules set by supranational organizations. Furthermore, 51 project cases ranging different transport infrastructure modes from 19 European countries including projects delivered traditionally and as Public Private Partnerships were used to validate the indicators and assess their performance. Results show the potential of both indicators to guide governments, operators and also financiers in appropriately allocating demand risk in transport infrastructure projects. This optimality was shown to be related to more accurate traffic forecasts resulting in sustainable transport infrastructure as the project then delivers on its economic, environmental, and social/welfare targets.
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Sumiraschi, Chiara. "Financing Infrastructures in Europe: Experiences of Value Capture." SCIENZE REGIONALI, no. 3 (November 2010): 101–20. http://dx.doi.org/10.3280/scre2010su3005.
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In recent years the issue of financing of infrastructure has become a critical issue and is widely discussed and in-depth reflection on policies, programs and development projects. The paper has the objective to describe one of the most interesting innovative methods of funding transport infrastructures: the mechanism of value capture, ie that capture (part) of economic benefits after the opening of the new infrastructure. The second part presents two case studies: the Quadrilatero Project and the Řrestad underground line in Copenhagen. The third part identifies success factors and criticalities about two experiences and offers some recommendations on the use of "capture value" as a mechanism of financing of transport infrastructure.
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Patrakeeva, Olga. "Prospects for Social and Economic Development of Krasnodar Krai in the Context of National Transport Infrastructural Projects." Regionalnaya ekonomika. Yug Rossii, no. 2 (August 2020): 122–30. http://dx.doi.org/10.15688/re.volsu.2020.2.12.
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The discrepancy between the pace of economic growth rates, needs of enterprises and population for transportation, quality of the road network is a significant infrastructural limitation for growth. The paper is devoted to the analysis of large scale investment projects aimed at the removal of infrastructural restrictions, i.e. the national project “Secure and High-Quality Roads” and “Comprehensive Plan for the Modernization and Expansion of Main Infrastructure”. It is noted that the project “Secure and High-Quality Roads” for Krasnodar Krai will become a prerequisite for the effectiveness of transport infrastructure. “Comprehensive Plan for the Modernization and Expansion of the Main Infrastructure” including such federal projects as “Europe – Western China”, “Sea Ports of Russia”, “Northern Sea Route”, “Railway Transport and Transit”, “Transport and Logistics Centers”, “Communications Between the Centers of Economic Growth”, “Development of Regional Airports and Routes”, “High-Speed Rail Links”, “Inland Waterways” will increase the investment activity in the transport sector of the region. The paper presents the results of statistical analysis aimed at the identification of significant economic effect from capital investments in the road infrastructure of Krasnodar Krai. It is revealed that investments into transport and communications stimulate the economic growth and also reduce the accident rate on highways in the long run. In addition, the increase in the density of paved public roads stimulates the passenger turnover in the short run and is also a significant factor in the reduction of the accident rate. The downward trend of paved roads in the total length of roads indicates the necessity to invest in the improvement of the quality of existing roads. The author emphasizes that in order to achieve the goals mentioned in the infrastructural projects under analysis, it is necessary to improve the monitoring system of content and development of the infrastructural frame of the territory, evaluate the effectiveness of administrative decisions for the accomplishment of the goals indicated in the infrastructural projects under analysis.
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KULICHENKOV, Nikita P. "Financing Russia's transport infrastructure using public-private partnership facilities: Current challenges and prospects." Digest Finance 27, no. 4 (December 28, 2022): 404–22. http://dx.doi.org/10.24891/df.27.4.404.
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Subject. This article examines the main ways and legal forms of implementation of transport infrastructure projects in the Russian Federation, the challenges associated with financing, and the prospects for the development of the public-private partnership (PPP) mechanism when implementing transport projects. Objectives. The article aims to substantiate the effectiveness of the use of PPP mechanisms when implementing transport infrastructure projects in Russia to ensure the long-term development of the country. Methods. For the study, I used analysis and synthesis, deduction and induction, statistical and graphical analyses, and comparison. Results. The article assesses the role of PPP facilities in project financing to encourage the inflow of investments in the field of transport infrastructure and determines the main organizational and legal framework for the implementation of transport projects. Conclusions. The State's participation in project financing through PPP mechanisms when implementing transport infrastructure projects in Russia can help improve the attractiveness of long-term projects with high capital expenditures due to a more efficient and flexible distribution of risks and responsibilities among the key partners, and it also contributes to the achievement of national transport objectives significantly.
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Vlasova, V. P. "Public-Private Partnership as a Mechanism for the Development of Transport Infrastructure in Kherson Region." Business Inform 12, no. 515 (2020): 217–24. http://dx.doi.org/10.32983/2222-4459-2020-12-217-224.
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The development of the transport infrastructure of the region remains an important task, which today is solved by means of the mechanism of public-private partnership (PPP). At present, both a sufficient institutional environment and the regulatory support for the implementation of public-private partnership projects have already been created. Kherson region, having an average level of development of transport infrastructure, de facto occupies the near-border position. Therefore, the level of development of infrastructure of the region (in particular, road economy) is of significant strategic importance for the security of the State. The main tasks for the development of transport infrastructure of Kherson region and possible directions of implementation of infrastructure projects are defined. The study showed that only two projects that are not infrastructural are implemented on the basis of PPP in Kherson region. However, the concession of Kherson seaport has been launched – this project is pilot not only in the region, but also in Ukraine. Concluding a concession agreement in seaports is a complex and long-term procedure. Important in the agreement is the determination of the amount of concession payments and the distribution of risks between the project participants. Typically, concessionaires are large international companies (cargo owners or shipowners) or domestic industrial and financial groups that dictate the terms of the contract, so, accordingly, there may be a conflict of interest. This publication defines the essential conditions of this concession project. PPP projects in the road sphere are promising, which should solve a number of problems of the region. The airport «Kherson» is described as a concession object, the scheme of the PPP mechanism concerning it is proposed. It is determined that public-private partnership in the sphere of railway infrastructure is in the process of formation and determination of forms of cooperation.
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Wojtczak, Robert. "Railway transport in Qatar." Transportation Overview - Przeglad Komunikacyjny 2016, no. 10 (October 1, 2016): 17–29. http://dx.doi.org/10.35117/a_eng_16_10_02.
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The article presents the railway infrastructure projects carried out currently in Qatar with special attention to the Doha Metro Project. Types of used structures, such as viaducts and tunnels with a closer look at the construction of trackbed are described in more detail. The last past of the article contains key information about the Tram Network project in Lusail and the Long Distance Lines for the passenger and freight trains.
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Sizek, Julia. "Zombie infrastructure: A legal geography of railroad monstrosity in the California desert." Environment and Planning D: Society and Space 39, no. 4 (June 23, 2021): 758–75. http://dx.doi.org/10.1177/02637758211023504.
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This paper proposes the concept of zombie infrastructure to understand the entangled histories of railroad colonialism, Indigenous dispossession, and corporate power in the California desert. I examine debates over the Cadiz project, a contemporary water project that proposes to take water from a California desert aquifer and transport it to the California coast. I argue that the life of the Cadiz project depends on Cadiz Inc.’s ability to revive the legal rights and body of a little-used railroad shortline, thus bringing back a legal infrastructure and corporate power from the late nineteenth century in the service of a new corporation. In so doing, the Cadiz project enlivens the racialized dispossession of land and labor that the railroad initially required. Routing the politics of a contemporary infrastructure project through the railroad and its octopus past, I argue, places the politics of infrastructure at the intersection of laws, monstrosity, and dispossession. Drawing on economic and legal geography, this paper proposes the concept of zombie infrastructure, a concept that builds on what activists call zombie projects in order to show the life and death of infrastructure, and reveals how contemporary capitalists enliven old infrastructures for new purposes.
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Jones, Heather, Filipe Moura, and Tiago Domingos. "Transport Infrastructure Project Evaluation Using Cost-benefit Analysis." Procedia - Social and Behavioral Sciences 111 (February 2014): 400–409. http://dx.doi.org/10.1016/j.sbspro.2014.01.073.
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Volkov, B. A., and A. Yu Dobrin. "EFFICIENCY OF PPP MECHANISMS FOR DEVELOPMENT OF TRANSPORT INFRASTRUCTURE." World of Transport and Transportation 15, no. 2 (April 28, 2017): 124–39. http://dx.doi.org/10.30932/1992-3252-2017-15-2-12.
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[For the English abstract and full text of the article please see the attached PDF-File (English version follows Russian version)].ABSTRACT The spheres of application of public-private partnership continue to expand. Concession agreements are regularly used in transport, especially in road construction. However, any such option requires comprehensive calculations, an integrated approach, reducing the risk to partners to a minimum, because only a spectacular project can be attractive and profitable when it comes to long-term investment. The authors of the article reveal step by step the mechanisms of interaction between the parties in implementation of infrastructure projects, consider in detail the mathematical apparatus that assesses the budgetary effectiveness of investment programs, distribution of burden between the state and private partners throughout all stages of the life cycle of projects within the framework of PPP. Keywords: public-private partnership, concession, economy, transport, infrastructure, life cycle of the project, efficiency, investment load.
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Erkul, Mehmet, Ibrahim Yitmen, and Tahir Celik. "Dynamics of stakeholder engagement in mega transport infrastructure projects." International Journal of Managing Projects in Business 13, no. 7 (July 22, 2019): 1465–95. http://dx.doi.org/10.1108/ijmpb-09-2018-0175.
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Purpose The purpose of this paper is to investigate the practice of stakeholder engagement as a social network dynamics for stakeholder satisfaction and project success in the lifecycle of mega transport infrastructure projects (MTIPs). Design/methodology/approach Hypotheses indicating the positive relationships between stakeholders’ effective attributes, stakeholder engagement as social network dynamics and project success through stakeholders’ satisfaction have been developed. Based on a questionnaire survey and semi-structured interviews, responses have been gathered from the representative groups and organizations on their social network dynamics for their satisfaction and project success. A hypothesized structural equation model has been tested using AMOS statistical software package. Findings The analysis highlighted the engagement of the stakeholders within the strategic intents of the project with the public needs and expectations. The model depicts the processes of building social network models based on the capturing of the project’s data in relation to the stakeholders’ communication and satisfaction across the key issues for success in the lifecycle of MTIP. Practical implications The model is applicable on most MTIP with a diverse stakeholder base and the underlying complexity associated with the community participation and consultation processes. The model will also support wider stakeholder engagement in the planning of MTIP with optimal operationalization and service delivery from a community perspective. Originality/value The research involves an approach for rationalizing the stakeholder engagement policies of the MTIPs by providing an empirically grounded model simultaneously linking various aspects of stakeholder effective attributes, stakeholder engagement and their relationships to stakeholder satisfaction and project success in MTIPs.
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Kulbovskyi, I. "DEVELOPMENT OF A SYSTEM MODEL OF TECHNICAL OPERATION MANAGEMENT IN TRANSPORT INFRASTRUCTURE PROJECTS." Collection of scientific works of the State University of Infrastructure and Technologies series "Transport Systems and Technologies" 1, no. 37 (June 29, 2021): 196–203. http://dx.doi.org/10.32703/2617-9040-2021-37-19.
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The article considers the problems of quality management of repair and operation of technical means in projects of development and maintenance of transport infrastructure, which is the most important factor in improving living standards, economic, social and environmental safety. The project quality management system and planning methodology are considered. It is investigated that in order to improve this system it is necessary to solve the problem of integration of quality management principles and their adaptation to transport infrastructure projects on quality management of repair and operation of technical means and the ways of solution are shown. A set of interrelated organizational and technological tasks and measures aimed at restoring the normative transport and operational indicators of repair and operation of technical means of transport is considered. It is investigated that the process of project quality assurance at the level of quality management in transport infrastructure projects consists of the adoption of planned systematic measures to ensure the implementation of all envisaged processes. On the basis of researches the system model of criteria by means of which it is possible to define system efficiency of development and realization of the corresponding projects of transport infrastructure is offered. As a result of solving this problem, a model of management and decision support for diagnostics of technical means in transport infrastructure projects has been developed, which opens prospects for planning and timely maintenance and repair of technical means of transport to ensure and improve traffic safety.
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V, Khrutba, Ziuziun V, Barabash O, and Nevedrov D. "FORMATION OF A SYSTEM OF CRITERIA FOR ASSESSING THE ENVIRONMENTAL IMPACT IN CONSTRUCTION AND RECONSTRUCTION PROJECTS OF CRITICAL INFRASTRUCTURE." National Transport University Bulletin 1, no. 46 (2020): 405–15. http://dx.doi.org/10.33744/2308-6645-2020-1-46-405-415.
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In the article, based on existing approaches to the identification and systematization of assessment criteria, a system of criteria has been developed to assess the environmental impact of construction projects and the reconstruction of critical infrastructure. The proposed system of environmental impact assessment criteria is first and foremost relevant to critical transport infrastructure. Purpose of the study - creation of a system of environmental impact assessment criteria in construction projects and the reconstruction of critical infrastructure to identify potential environmental hazards and threats to projects of this type. Method of the study - methodology of project and program management; mechanisms for identification and systematization of criteria. A system of criteria has been developed consisting of five main blocks of criteria, namely: the quality of the surface layer of atmospheric air, waste management, physical factors of influence, social environment and industrial environment. Each of these blocks of criteria contains indicators that detail them. The results of the article can be implemented in the process of environmental impact assessment of construction projects and reconstruction of critical infrastructure. Forecast assumptions about the object of study - developing a method for assessing the environmental impact of construction and reconstruction projects for critical transport infrastructure. KEY WORDS: TRANSPORT, SECURITY, PROJECT, OBJECT, CRITICAL INFRASTRUCTURE, CRITERIA, PROTECTION.
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Kudryavtseva, Vera A. "Practical recommendations for implementing the project funding mechanism in the transport construction." SHS Web of Conferences 112 (2021): 00026. http://dx.doi.org/10.1051/shsconf/202111200026.
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Changes in the Russian and global economies have been affecting all sectors. Neither the transport industry nor the construction one is an exception. These industries are budget-forming, and all participants in business processes should be interested in their strategic development. In order for the federal projects developed by the Ministry of Transport to be effective, a new project funding approach is required. Industries and companies have limited financial resources. The Russian Railways company is no exception due to its limited budgetary funds and own financial capabilities. It is necessary to develop effective mechanisms for funding railway infrastructure projects. Project funding mechanisms can be innovative ways of funding large-scale infrastructure projects, since they are based on a combination of banking, commercial and public resources. Project funding can unite financial resources and competences of project participants. In addition, qualified financial institutions will be involved in project funding transactions, which ensures the timely project implantation. Project funding mechanisms allow for a comprehensive project assessment, since the lender confirms the economic feasibility of the project. Project effectiveness evaluation has become relevant after the adoption of a strategy for the development of railway transport in the Russian Federation until 2030. Polygon technologies are promising for Russian Railways and used by the Trans-Siberian Railways.
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Seslavina, E. A. "CONCEPT OF SUSTAINABLE TREND WITHIN LARGE INFRASTRUCTURE INVESTMENT PROJECTS." World of Transport and Transportation 16, no. 2 (April 28, 2018): 24–34. http://dx.doi.org/10.30932/1992-3252-2018-16-2-3.
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For the English abstract and full text of the article please see the attached PDF-File (English version follows Russian version). ABSTRACT Acceleration of economic growth of many countries, including Russia, through formation of a multiplier effect is largely based on successful implementation of investment programs of transport companies. At the same time, a positive trend should be ensured at all stages of the life cycle of each project. To make conceptually verified management decisions that are clearly oriented by economic theory, it is proposed to use dynamic economic and mathematica l models for substantiating large investment projects aimed at developing transport infrastructure. The article considers options to ensure sustainability of a financial result, depending on implementation of the project with different amounts of financing and different degrees of approach of companies to the conditions of investment equilibrium. Keywords: transport infrastructure, sustainable development, United Nations Commission on Sustainable Development, indicators, Organization for Economic Cooperation and Development, investment project, economic and mathematical modeling, Königs-Lamerey diagrams, Hicks-Lindahl concept.
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Lytvynenko, Dmytro, and Olga Malyeyeva. "RISK MANAGEMENT IN PROJECTS OF RESTORATION THE REGIONAL TRANSPORT STRUCTURE ON THE BASIS OF PARTICIPANTS' COMMUNICATION." Innovative Technologies and Scientific Solutions for Industries, no. 2 (20) (June 30, 2022): 44–51. http://dx.doi.org/10.30837/itssi.2022.20.044.
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The subject of the article is the processes of risk management and project communications. The components of the content of transport infrastructure rehabilitation projects, including communications between stakeholders, are considered. The aim of the work is to develop a method for assessing and managing the risks in transport infrastructure rehabilitation projects, taking into account the communication processes of the participants. The following tasks are solved in the article: systematization of risks in transport infrastructure rehabilitation projects in the form of relations between the project participants, creation of a graphic scheme of stakeholder communications, formalization of stakeholder communications with regard to the causes and possible parry of risks, development of a quantitative assessment model of the project risks with regard to stakeholder interests. Methods used: project management methodology, stakeholder theory, value theory, systems approach, matrix models. The following results were obtained: Opportunities, impact and risk status in relation to stakeholders of the transport infrastructure rehabilitation project were analyzed. The possibility of grouping risks in relation to the stakeholders of the project and the possibility of influence of stakeholder interaction on the available risk groups were considered. The risks that can directly affect the project or be affected by the interaction between the project stakeholders were identified. The formalized representation of risks and communications of project participants is presented. Opportunities to optimize the process of project risk management through the management of stakeholders and project communications have been identified. Quantitative project risk value model was developed to assess the effectiveness of actions to parry risks from stakeholders. Conclusions: project risk management can be more effective if tools and methods specific to stakeholder management and project communications are applied. The proposed formalization establishes a clear model of stakeholder interaction to parry risks. The model of quantitative assessment of the effectiveness of actions to parry risks will allow to evaluate the effectiveness of the management strategy and to make adjustments in time. In the future, this work will continue scientific research in the direction of developing models and methods of research of communications and risks of the project
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van der Laan, Jan, Lion Wildenburg, and Peter van Kleunen. "6.1.5 Dynamic Interface Management in a Transport Infrastructure Project." INCOSE International Symposium 12, no. 1 (August 2002): 175–81. http://dx.doi.org/10.1002/j.2334-5837.2002.tb02457.x.
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Solskaya, Irina, Svetlana Khaletskaya, Oksana Rabushenko, and Sofia Golovan. "Background for forming a unified methodological approach to risk assessment of new transport construction projects." E3S Web of Conferences 291 (2021): 01005. http://dx.doi.org/10.1051/e3sconf/202129101005.
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In the most general case, the assessment of the risks of investment projects is carried out on the basis of a single standard methodological approach, sufficiently adapted to a large number of industry structures. However, new projects implemented in order to expand and radically modify the infrastructure of railway transport in the Russian Federation require clarification of the principles and provisions of existing approaches for their reasonable implementation. The reason for this lies in the sectoral features of the projects: the return on investment is longer than in other sectors; the social importance of new infrastructure facilities; attraction of budgetary resources to finance new transport construction projects. The article discusses the main prerequisites for the formation of a methodological approach to the analysis and assessment of the risks of construction of infrastructure facilities of railway transport. The author's approach to assessing the risks of projects for the construction of infrastructure facilities is proposed from the standpoint of their relationship with the characteristics of project stakeholders, which determines the directions of risk analysis at the current stage of project implementation and the consequences of the previous stages.
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Frolova, O. N. "MACROECONOMIC APPROACH TO JUSTIFICATION OF TRANSPORT PROJECTS." World of Transport and Transportation 15, no. 5 (October 28, 2017): 118–29. http://dx.doi.org/10.30932/1992-3252-2017-15-5-11.
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[For the English abstract and full text of the article please see the attached PDF-File (English version follows Russian version)].ABSTRACT The article examines approaches to justification of transport projects in advanced economies, provides assessment models used in the analysis of investments in the development of transport infrastructure. The advantages of inland waterway transport (low costs for transportation of bulk cargoes, low expenses for maintenance and repair of infrastructure, environmental friendliness, safety) are actualized in the justification of the expediency of transferring part of the cargo flows from bulk cargoes to land transport. The results of calculations of the multiplicative effect are presented on the example of the project of the development of water transport in the river basins of the European part of Russia are given. Keywords: water transport, transport project evaluation models, macroeconomic substantiation, multiplicative effect.
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A, Yurchenko. "PUBLIC-PRIVATE PARTNERSHIP PROJECTS IN THE DEVELOPMENT OF TRANSPORT INFRASTRUCTURE OF EU COUNTRIES." National Transport University Bulletin 49, no. 2 (2021): 222–30. http://dx.doi.org/10.33744/2308-6645-2021-2-49-222-230.
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The object of research - the development of transport infrastructure of EU countries, trends, prerequisites for successful implementation. The purpose of the work is to study the experience of implementing transport infrastructure development projects on the basis of public-private partnership in the countries of the European Union. The results of the study will be used to form an information base on transport infrastructure development projects that have been implemented on the basis of public-private partnership. Relevant information will be used to compare the expected performance of domestic projects with similar projects in the European Union The research method is monographic and statistical. The article is devoted to the study of trends in the application of the mechanism of public-private partnership in the development of transport infrastructure of the European Union. It was found that since 2013, the volume of investment and the number of projects implemented on the basis of PPP, tend to decrease. Thus, compared to 2013, the amount of capital invested in 2019 decreased by more than 50%. The transport infrastructure consistently ranks first among the sectors of the economy in terms of investments made on the basis of partnership between the state and private business. At the same time, the leaders of investments in PPP projects are such countries as Great Britain, France and Germany. According to the number of implemented projects - France, Great Britain and Belgium. Appropriate preconditions must be created for the effective implementation of PPP projects. Further areas of research are the study of programs, policies and practices used by other countries that actively involve the private sector in the provision of transport infrastructure services; development of relevant recommendations for the implementation and improvement of Ukraine's policy and practice in the field of transport infrastructure development. KEY WORDS: TRANSPORT, PROJECT, MANAGEMENT, TRANSPORT INFRASTRUCTURE, PUBLIC-PRIVATE PARTNERSHIP, DEVELOPMENT, INVESTMENTS, SECTORS OF THE ECONOMY
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Liu, Junyou. "Appraising the Likely Gentrification Impacts of a Mega Transport Project—The Case of Crossrail." Urban Studies and Public Administration 4, no. 3 (June 28, 2021): p22. http://dx.doi.org/10.22158/uspa.v4n3p22.
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Megaprojects are defined as projects that cost a billion US dollars or more at 1990 prices. Mega transport infrastructure projects have the potential to affect important socioeconomic and territorial changes. They are often perceived as critical to the “success” of major metropolitan, regional and national development. The redevelopment of neighbourhoods offers many opportunities for regional regeneration, yet there remain concerns regarding the potential gentrification of areas leading to the displacement of existing populations and local businesses. This research applies multi-criteria analysis, a tool that is widely used in mega infrastructure project appraisal using the UK’s Crossrail as a case to explore the likelihood of gentrification and the displacement impacts of the project. This paper finds both positive and negative impacts. Different stakeholders express noticeably differing opinions regarding the project.
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Rabe, Wiebke, Genia Kostka, and Sabrina Habich-Sobiegalla. "Socio-Economic Development and Infrastructure Cost Performance in China: Comparing Transport and Energy Sectors." Journal of Current Chinese Affairs 49, no. 2 (August 2020): 185–206. http://dx.doi.org/10.1177/1868102621990666.
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Socio-economic development is often linked to efficient infrastructure provision. In China, the government has rolled out ambitious infrastructure projects as part of its national development strategy. There is much to praise about China’s infrastructure provision, such as its remarkable scale and speed of infrastructure delivery. However, based on studying 153 infrastructure cases between 1983 and 2018 and two in-depth case studies, we find that China’s infrastructure performance is not as positive as often assumed. We show that infrastructure projects continuously arrive significantly over budget. We argue that this cost performance depends – similar to Western countries – on inaccurately anticipating technical hindrances and geographical challenges. In addition, however, we identify another important and so far less discussed project performance determinant specifically relevant to the Chinese context: population resettlements and land acquisition.
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Rokicki, Bartlomiej, and Krzysztof Ostaszewski. "Actuarial Credibility Approach in Adjusting Initial Cost Estimates of Transport Infrastructure Projects." Sustainability 14, no. 20 (October 17, 2022): 13371. http://dx.doi.org/10.3390/su142013371.
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This paper presents a novel methodology based on the modified actuarial credibility approach. It allows for the adjustment of initial cost estimates of public infrastructure projects by accounting for the additional risk/uncertainty factor. Hence, it offers an interesting alternative to other existing forecasting methods. We test our approach by applying data for over 300 major infrastructure projects implemented in Poland between 2004 and 2020. We prove that, despite its simplicity, the actuarial credibility approach can deliver accurate cost estimates compared to more complex methods such as regression analysis (OLS) or machine learning (LASSO). In particular, we show that, although the forecasting accuracy varies among different project categories, actuarial credibility outperforms other forecasting approaches in the majority of cases. As a result, we argue that actuarial credibility should be considered as a relatively simple tool with very modest data requirements that can be easily applied by investors and policy makers in order to improve project planning and avoid cost overruns.
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Pantelias, Aristeidis, Emmanouil Sfakianakis, and Athena Roumboutsos. "A Conceptual Framework for Transport Infrastructure PPP Project Credit Assessments." Journal of Finance and Economics 3, no. 6 (November 10, 2015): 105–11. http://dx.doi.org/10.12691/jfe-3-6-1.
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Vereshchaka, Mykolay. "Optimization of infrastructure projects parameters in the program." Technology audit and production reserves 1, no. 2(57) (February 28, 2021): 20–24. http://dx.doi.org/10.15587/2706-5448.2021.225523.
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The object of research is infrastructure projects as part of the program. The products of infrastructure projects are various infrastructural objects that together provide a certain value for stakeholders, for example, a certain bandwidth of the transport network or the capacity of a port, channel, etc. Identification of the parameters of project products is carried out at the stage of program development. For most projects, these parameters allow for variability within certain limits. The interconnection of infrastructure projects is determined not only by general financing and management, but, above all, by the consistency of the properties of goods. Therefore, the optimization of the parameters of the products of such projects is carried out integrally, within a single model. Coordination of the parameters of the products of infrastructure projects as part of the program requires formalized methods that allow them to be optimized taking into account both local constraints for each project and the global conditions for implementing the program. As a result of the study, a concept has been formed and an appropriate model has been developed, which allows setting the optimal parameters of the products of infrastructure projects as part of the program. Modeling is based on the ability to vary the parameters of project products and their relationship with the characteristics of projects and the program as a whole, such as value, costs, and the magnitude of risks. Since the program and the projects included in it can be of a non-commercial nature, therefore, the main criterion of optimality for the parameters of the products of projects and programs is a universal category – value, and it is considered for all stakeholders. The use of this model in the development of the program and the infrastructure projects included in it ensures the optimization of the required result while meeting certain requirements and limiting conditions. The model belongs to the class of nonlinear models and is developed for a situation where a so-called «main» project (or their combination) can be distinguished, which form(s) the requirements for the products of other projects interconnected with it, which is typical for infrastructure programs.
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Wang, Wanle, Ming Zhong, and John Hunt. "Analysis of the Wider Economic Impact of a Transport Infrastructure Project Using an Integrated Land Use Transport Model." Sustainability 11, no. 2 (January 12, 2019): 364. http://dx.doi.org/10.3390/su11020364.
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Major cities in developing countries are undergoing massive transportation infrastructure construction, which has significant impacts on the land use and economic activities in these cities. Standard Cost–Benefit Analysis (CBA) is applied to quantify the user benefits of transport projects, but does not provide an answer as to who will obtain the benefits and who will lose out and excludes the calculation of Wider Economic Impacts (WEIs) which can sometimes be large and hardly negligible. This paper introduces thoughts and experiences obtained through the design and development of an integrated land use transport model for the assessment of the WEI of a transport infrastructure project. The development and application of such an integrated model for WEI analysis should help decision-makers understand not only the “direct or immediate” impact of transport infrastructure on mobility, but also those “indirect or long-term” impacts on the distribution patterns of economic activities, corresponding land use, and resulting urban structure.
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Langston, Craig, and Charles Crowley. "Fiscal Success: Creating Quality Infrastructure in a Post-COVID World." Sustainability 14, no. 3 (January 30, 2022): 1642. http://dx.doi.org/10.3390/su14031642.
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Governments are engaged in unprecedented fiscal support, particularly regarding public infrastructure, as stimulus to economic recovery from the COVID-19 pandemic. It is a necessary response to increased unemployment and the collateral damage to consumer confidence and spending. Keeping people employed via nation-building projects, especially involving transport infrastructure, and their supply chains is a key objective and has the potential to deliver assets that support long-term productive capacity. Nevertheless, it is critical that public infrastructure is of appropriate quality to ensure projects are progressive, governments manage long-term benefits realization and critical resources are not wasted through hidden future liabilities. This research explores and discusses the extent of agreement between the G20 policy framework on quality infrastructure investment (process theory) against a leading project success evaluation method (process practice) by mapping both artefacts using qualitative content analysis. It is found that project success evaluation offers a ‘high’ thematic match against G20 policy ideals and therefore provides an opportunity for project managers to ensure investments in quality infrastructure are indeed realized. This contributes to progressive infrastructure outcomes that take into consideration financial, social, ethical and environmental consequences. Fiscal success is equated to project success in this context.
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Locatelli, Giorgio, Diletta Colette Invernizzi, and Naomi J. Brookes. "Project characteristics and performance in Europe: An empirical analysis for large transport infrastructure projects." Transportation Research Part A: Policy and Practice 98 (April 2017): 108–22. http://dx.doi.org/10.1016/j.tra.2017.01.024.
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Savchenko, Lidia. "Relationship between transport infrastructure expenditures and costs and transport indicators - an overview of European and Ukrainian situation." Electronic Scientific Journal Intellectualization of Logistics and Supply Chain Management #1 2020, no. 11 (February 2022): 29–45. http://dx.doi.org/10.46783/smart-scm/2022-11-3.
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Quality of transport infrastructure determines the quality of the provision of services for the transportation of goods and passengers. The infrastructure sector is a guarantee of efficiency, mobility and uninterrupted economic activity. However, the high quality of the transport infrastructure implies significant and long-term investments. According to a McKinsey research report, to support sustainable economic growth in the world in line with forecasts for 2030, it is necessary to cover the need for additional investment of $ 3.3 trillion annually, equivalent to 3.8% of world GDP. The purpose of this work is to analyze the existing European approach to assessing transport infrastructure expenditures and costs, their impact on transport performance at the country level, as well as trends in Ukrainian policy regarding the support and development of road infrastructure. Transport infrastructure costs include the investment in new infrastructure, the cost of upgrading the existing infrastructure, the cost of maintaining the infrastructure, and the operating costs to enable the use of the transport infrastructure. Directive 2011/76 / EU prescribes that the weighted average infrastructure charges should be linked to construction costs, as well as the costs of operation, maintenance and development of the corresponding infrastructure network. The official Eurostat data of investment and O&M costs of transport infrastructure based on the citizenship principle was taken for this study, namely: - the number of ton-kilometers traveled per year; - the volume of investments in road infrastructure per year; - the amount of funds for the maintenance of road infrastructure per year. The indicators were taken for countries of the EU for which statistics were available for 2016 and 2019. According to the study, the effect of investments in transport infrastructure is strongly manifested both in the same year and affects subsequent years in terms of the volume of annual transport work. That is, an increase in investment in road infrastructure clearly has a positive effect on the volume of transport work performed. On the other hand, the volume of investments in the EU infrastructure brings a much greater positive effect than funds for road maintenance. Thus, the experience of developed countries shows a positive relationship between investment in the maintenance and construction of transport infrastructure and economic performance of the state. Part of the research was devoted to the study of the impact of investments in road infrastructure of Ukraine on the example of the global Ukrainian infrastructure project "Big Construction". It is projected that in 2024, thanks to road works under the Big Construction, Ukraine's GDP will be 4.4% higher than GDP in 2020. But, as the research shows, good transport infrastructure is a necessary, but not a sufficient condition for growth. "Big Construction" project in Ukraine does not show any positive effect on the volume of performed internal transport work now. The reasons may lie both in more long-term effect from improving the infrastructure, and in the facts of corruption and theft of funds allocated for the project.
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Ruiz Díaz, Gonzalo. "What drives the failure of private participation in infrastructure projects?" International Journal of Managing Projects in Business 13, no. 6 (May 26, 2020): 1167–85. http://dx.doi.org/10.1108/ijmpb-12-2019-0298.
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PurposeThe purpose of this paper is to assess the determinants of the early termination of infrastructure projects implemented under public–private partnerships (PPP), concessions or privately managed divested assets.Design/methodology/approachCross-section and duration model estimations were applied to a sample of 2,655 infrastructure projects implemented in Latin America and the Caribbean for the period 1993–2017. Estimation techniques consist of a logistic model and cox proportional hazards model (CPHM) applied to alternative specifications, including diverse causal factors.FindingsEvidence is found that early termination of infrastructure projects is determined by intrinsic and extrinsic factors. Among the intrinsic factors, the main characteristics of projects that increase the likelihood of failure are the size or scale of the project, the sector in which the project is developed (transport and water and sanitation) and being investments in divested assets. Extrinsic factors that showed a negative impact on the risk of early termination are good regulatory quality and domestic macroeconomic stability. Likewise, external real and financial shocks also contribute importantly to explain the likelihood of early termination of infrastructure projects.Practical implicationsThe results reveal that particular care must be put in design and supervision of large-scale projects, either in transport or water and sanitation. As well, risks associated with external shocks must be explicitly acknowledged in project design, with appropriate remedies and safeguards. The prevalence of relatively high rates of early termination in projects in divested assets in contrast with PPP suggests the importance of introducing simpler way out mechanisms for concessionaires. Finally, the results show the key importance of institutional factors like regulatory quality in determining project failure on economic performance of infrastructure projects.Originality/valueIn contrast to the previous literature, the analysis shows the decisive role played by financial external factors and institutional factors of Latin American and Caribbean countries in early termination of private participation in infrastructure projects. As well, the finding of a higher likelihood of failure in projects that involve investments in divested assets versus concession or PPP suggests the need of investigate further the tradeoffs regarding the balance that must exist among guarantees offered to investors in infrastructure projects and the need to keep contractual decisions in line with market signals.
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Henke, Ilaria, Armando Cartenì, Clorinda Molitierno, and Assunta Errico. "Decision-Making in the Transport Sector: A Sustainable Evaluation Method for Road Infrastructure." Sustainability 12, no. 3 (January 21, 2020): 764. http://dx.doi.org/10.3390/su12030764.
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The transport sector is often the center of political and scientific debate on sustainability due to negative externalities produced by the daily movement of goods and people which impact both on the environment and on quality of life. Great interest has therefore focused on impact estimation of transport infrastructures/services with respect to social, economic, and environmental sustainability. Among the consolidated assessment methods, the cost–benefit analysis (CBA) is one of the quantitative tools representing the final stage (decision) in decision-making processes, which compares design alternatives and verifies the sustainability of a transport project. Recently the Italian Government proposed the national “Guidelines for Assessment of Investment Projects” based on CBA. The aim of this research is twofold: a) from a research point of view, to propose a sustainable evaluating method for impact assessment of the new transportation infrastructure aimed in performing both rational and shared decisions with the territories; b) for a practical point of view, to propose a first application of the CBA Italian guideline useful for the professional practice in the field of public investment evaluation. A quantitative impacts assessment of social, economic and environmental sustainability was performed for a revamping project of a new “greenway” in the south of Italy. Furthermore, also the social equity impacts produced by the new road infrastructure was also quantified, estimating the GINI indexes variation as a measure of effectiveness.
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Jones, Russell, and John Llewellyn. "Improving Infrastructure." National Institute Economic Review 250 (November 2019): R61—R68. http://dx.doi.org/10.1177/002795011925000119.
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Executive SummaryInfrastructure investment can substantially increase a nation's capital stock and thereby boost productive, or supply-side, potential. It can also be useful as a tool in macroeconomic stabilisation, while public spending on quality infrastructure projects has been shown to have significantly greater multiplier effects than tax cuts – so the case for an increasing spend is not undermined by a country's overall debt level.These arguments are especially apposite for post-Brexit UK. Britain's investment performance in general has been especially poor since the 2016 EU referendum. Fixed capital formation as a proportion of GDP is low by international standards, while the government's share of fixed capital formation, at 2.5 per cent, is also below average. It would make sense to target an increase in public and private infrastructure spend to 3.5 per cent of GDP which is the OECD's recommended level.While major infrastructure projects continue to generate controversy on grounds of cost overruns and other issues, UK policy-makers have recently taken a more constructive approach to infrastructure development, notably with the creation of an independent National Infrastructure Commission.But the UK's infrastructure remains unsatisfactory, with significant parts of its energy, water, transport and communications networks in need of renewal or replacement, and infrastructure project delivery remains poor. In summary, much of Britain continues to operate well into the 21st century largely with 20th century, sometimes 19th century, infrastructure assets that are creating bottlenecks, crimping productivity, putting off potential foreign investors, undermining the economy's competitiveness, increasing inequality, and leaving the economy ill-equipped to face future challenges such as Brexit and climate change.The government needs to be bolder, setting out a more ambitious set of priorities including energy projects, regional spending, and fostering capital recycling and private sector investment. A still more ambitious, but eminently feasible, proposal would be to establish a National Investment Bank to offer project guarantees, recommend user fees, lend to projects with the proceeds of National Investment Bonds and simplify planning among other tasks. In a serious downturn, with monetary policy exhausted, the NIB could also help to co-ordinate and finance a response.
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Palkina, E. S., and E. I. Morozova. "PRINCIPLES FOR ASSESSING THE INVESTMENT ATTRACTIVENESS OF INFRASTRUCTURE PROJECTS." World of Transport and Transportation 15, no. 5 (October 28, 2017): 130–36. http://dx.doi.org/10.30932/1992-3252-2017-15-5-12.
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[For the English abstract and full text of the article please see the attached PDF-File (English version follows Russian version)].ABSTRACT To attract private investment in the innovative development of the transport system, the researchers believe, it is necessary to improve the methodological basis for assessing the investment attractiveness of capital projects. The article considers the principles that, in the opinion of the authors, should be guided in solving the related problems, and first of all those of them that relate to the infrastructure sphere, transparency and formalization of economic results, payback of financial investments from the state and business. Keywords: economy, innovative project, transport infrastructure, evaluation principle, investment attractiveness.
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De Groot, Bert, Wim Leendertse, and Jos Arts. "Building Adaptive Capacity through Learning in Project-Oriented Organisations in Infrastructure Planning." Urban Planning 5, no. 1 (March 6, 2020): 33–45. http://dx.doi.org/10.17645/up.v5i1.2523.
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Transport infrastructure networks are currently being challenged by rapidly changing contexts, such as climate change, new IT and mobility technologies, ageing infrastructure, demographic changes and growing engagement of stakeholders. These challenges call for an adaptive management approach in infrastructure planning. Apart from making the physical infrastructure more adaptive, organisational adaptive capacity is currently being discussed in both literature and practice. The literature describes learning as one of the key elements of organisational adaptive capacity. However, it remains unclear how infrastructure network agencies learn. Most of these agencies are organised in a project-oriented way. Projects can be considered as information exchange platforms of individuals that have to align their knowledge and interpretations to collectively make sense of this information to deliver a project-result. However, projects operate relatively autonomously from their parent organisation. This article aims to enhance the understanding of how projects learn from each other and how the parent organisation learns from projects and vice versa. To this end, we have conducted an in-depth case study of a typical project-oriented organisation in infrastructure planning: Rijkswaterstaat—the executive agency of the Ministry of Infrastructure and Water Management in the Netherlands. Data was collected through documents and semi-structured interviews with members of a selection of projects of Rijkswaterstaat and other members of this organisation. We used Social Network Analysis to support the analysis of the data. Subsequently, the results were confronted with literature to understand how collective learning occurs in project-oriented organisations.
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Vasilyeva, Elena. "Creation of transport hubs for the increase in investment attractiveness of the city." MATEC Web of Conferences 170 (2018): 05005. http://dx.doi.org/10.1051/matecconf/201817005005.
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Effective transport infrastructure development is known to be one of the key aspects of sustainable development of modern city environment. Creation of transport hubs is expected to make a contribution to the improvement of transport infrastructure. Some practical examples of implementing of hubs in Moscow were considered. The article proves that the creation of the transport hubs, is capable to contribute to the sustainable urban development: to provide high social-and-economic living standards for inhabitants, to make changes of different types of transport fast and convenient, to eliminate “poor points” in the transport infrastructure, to reduce stoppers in the city, to provide inhabitants with the necessary number of parking spaces and also to become an additional source of income both for the city, and for commercial structures. It also will be able to increase the investment attractiveness and investment activity of the area in general. However, the author criticizes the current approach to the organization of investments into the hub projects. The public-and-private-partnership in its broad sense would allow dividing expenses, risks and profit within the project, and at the same time keeps the municipal property for the facility. Meanwhile the use of concession does not allow providing the maximum transport project efficiency.
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Zhuravleva, Natalya A., and Tomas Kliestik. "Transport infrastructure development financing problems and main investment trends in 2020." Transportation Systems and Technology 6, no. 1 (March 30, 2020): 129–45. http://dx.doi.org/10.17816/transsyst202061129-145.
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Background: The realisation of large-scale plans of Russian infrastructure development, transport in particular, requires a corresponding methodological guidance for both planning of realisation of these tasks and development of the proper financing instrumentarium.
Aim: The analysis of reasons for incompliance of programme tasks with their financing conditions; formalisation of investment trends in todays economy and description of their capability to adapt to Russian projects.
Methods: The method of rising from concrete to abstract and vice versa has allowed identification of important regularities of investment trends and their connection with the quality of projects; the systems principle has confirmed dependence of successful realisation of infrastructure projects on reliability of economic development forecasts and adequacy of projects financing and management.
Results: The analysis of ongoing changes of state priorities and programmes, outlined in a large number of documents regulating development of transport infrastructure in Russia, has allowed identification of influence of most significant regularities, which determine effectiveness of these solutions. All available transport infrastructure project financing sources have been systemised, considering investment volume and their status in the market. The statement that it is exactly the loan-based financing sources, concession in the first instance, that can be the most efficient in infrastructure projects realisation, has been confirmed.
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Ben, Sidiq Okwudili. "Significance of Road Infrastructure on Economic Sustainability." American International Journal of Multidisciplinary Scientific Research 5, no. 4 (October 5, 2019): 1–9. http://dx.doi.org/10.46281/aijmsr.v5i4.405.
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This study buttressed on the theories explaining the significance of road infrastructure on economic sustainability. Road infrastructure is essential for banishing hunger, alleviating poverty, and improving the quality of human life. Road transport is a means of transport that offers door-to-door transport which is suitable for the delivery of finished goods to consumers. Road infrastructure has the potentials of transforming subsistence farming into a commercial and dynamic farming system which unlock the potentials embedded in rural areas. Understanding the conditions in which more or new road infrastructure does indeed foster economic growth is crucial for efficient management of road infrastructural project. Neoclassical growth theory, endogenous growth theory, growth pole, and growth centre theory were discussed. This paper concludes that public investment should not be constrained by accounting methods that impede a focus on economic returns, and road pricing strategy should be adopted in Nigeria because of its benefits of spreading demand for road transport, minimizing congestion and overcrowding, improving reliability and delivering benefits to the wider economy.
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Smirnov, Sergei A., and Olga Yu Smirnova. "Features of the assessment of socio-economic effects arising from the construction of lines of freight maglev transport." Modern Transportation Systems and Technologies 8, no. 3 (October 3, 2022): 142–56. http://dx.doi.org/10.17816/transsyst202283142-156.
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Background: Transport is a sector of the economy that is subject to general economic laws, including with regard to issues related to investing in real assets, developing means of production, and ensuring expanded reproduction. Along with this, transport is a strategic sector at the state level, ensuring the functioning of the economy as a whole. In this regard, there are certain contradictions associated with the assessment of the effectiveness of investments in transport infrastructure. In most cases, investments in transport infrastructure are valued similarly to investments in a business project. After the issuance of Decree of the Government of the Russian Federation No. 1512 dated November 26, 2019, the approach to evaluating the effectiveness of investments with state participation has expanded, but it does not fully cover the issues of project effectiveness for the state. Along with this, the classical methods for evaluating the effectiveness of investment projects are subject to great subjectivity in relation to the calculation of social effects, as a result of which their applicability to projects at the national economic level is ineffective.
Aim: to consider the list of effects arising from the construction of transport infrastructure and determine the methodology for calculating the effects for the state.
Materials and methods: the research methodology is based on the analysis of methods for financial and economic evaluation of investment projects, as well as macroeconomic methods. The information base of the study is based on the official legal and methodological information of the authorities of the Russian Federation.
Results: as a result of the study, a list of effects for the state arising from the implementation of transport infrastructure development projects was determined, and the procedure for their calculation was substantiated.
Conclusion: the study confirms that the currently used methods for evaluating the effectiveness of investments in infrastructure projects for the state do not fully and objectively reflect economic realities. The proposed approach to the assessment will make it possible to carry out a comprehensive assessment of the socio-economic effects from the construction of cargo maglev transport lines and improve the quality of management decisions in the transport sector.
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Tshehla, M. F., and E. Mukudu. "Addressing Constraints for Effective Project Finance for Infrastructure Projects in Emerging Economies – the Case of Zimbabwe." Journal of Construction Business and Management 4, no. 1 (April 27, 2020): 48–59. http://dx.doi.org/10.15641/jcbm.4.1.806.
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The infrastructure deficit in developing countries is vast and current developmental initiatives fail to meet the requirements. There is a need for housing, clean water, sewerage facilities, transport and telecommunications infrastructure. The development of infrastructure requires large amounts of funding, which could be a project or non-recourse finance. The levels of project finance allocated to developing countries are much smaller compared to the developed world. The purpose of this paper is to determine the critical success factors for accessing project finance for infrastructure development in a developing country, Zimbabwe. This study employed the quantitative approach using a survey questionnaire to address various aspects that are important when lenders advance project finance. The questionnaire was distributed to participating organizations comprised of lenders, borrowers and investors with the higher numbers being borrowers. These organizations include banks in Zimbabwe that offer project finance for infrastructure, Pension funds which invest in infrastructure, Multilateral agencies operating in Zimbabwe, and Municipalities of major cities in Zimbabwe. The interrater reliability of the individual factors was calculated. Also, the aggregate interrater reliability for the different attributes was determined using Cronbach's alpha value. A total of 33 factors under five attributes were identified: governmental, financing, project, special purpose vehicle, and politics and economics were identified as being critical for accessing project finance. These factors were ranked according to their significance index or importance. Only 12 factors were considered as extremely important as critical success factors for project financing in Zimbabwe. The contribution of this study is to provide government, project finance agencies, private sector and other stakeholders interested in infrastructure projects with a list of the most important critical success factors for infrastructure projects in a developing country.
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Dmytriieva, Oksana I. "PUBLIC–PRIVATE PARTNERSHIP AS AN EFFECTIVE TOOL FOR STATE REGULATION OF INNOVATIVE DEVELOPMENT OF TRANSPORT INFRASTRUCTURE." Management 30, no. 2 (February 11, 2020): 86–102. http://dx.doi.org/10.30857/2415-3206.2019.2.7.
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Introduction. Effective functioning of transport infrastructure is a basic condition for modernization of the Ukrainian economy and improvement of the quality of life of the population. Currently, there are no effective tools and techniques for comprehensively assessing the effectiveness and priority of project implementation within public-private partnership (PPP) models.The research hypothesis is to find out how public-private partnerships can act as an effective tool for government regulation of innovative development of transport infrastructure.The aim is to conduct a qualitative and quantitative assessment of the efficiency of the implementation of projects in the field of transport infrastructure using PPP models.The methodology of the study is the apparatus of system, economic and statistical analysis, construction of mathematical models, with their subsequent computer implementation.Results: clarified the concept of public-private partnership in the field of transport infrastructure; systematic analysis and classified models of PPP were carried out with identification of their main features; identified the main factors and parameters (financial and economic characteristics of the projects) that determine the effectiveness of PPP in transport infrastructure and proposed algorithm for evaluating the effectiveness of PPP projects; performed research on the ranking of characteristic risks for transport infrastructure projects, performed ranking of characteristic risks; a mathematical model of risk assessment of PPP projects in transport infrastructure has been developed; practical recommendations are given to improve the mechanism for assessing the efficiency and priority of implementation of transport infrastructure development projects based on PPP.Conclusions: it is proved that ranking and implementation of public-private partnership models on the basis of the developed basic principles (payment, competitiveness, equality of all economic agents in access and in the right of PPP contract negotiation) allows to realize the benefits of a comprehensive PPP mechanism for each of its participants. The practical recommendations of the mechanisms for assessing the risks and priorities of PPP projects in the field of transport infrastructure will improve their implementation by further shaping the overall environment of PPP development, enhancing the support and guarantees of the state and developing a unified concept of PPP mechanism development in Ukraine.
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Holius, V. "VISUAL NAVIGATION IN THE INFRASTRUCTURE OF PUBLIC TRANSPORT OF KHARKOV IN CURRENT CONDITIONS FROM THE POSITION OF EUROPEAN EXPERIENCE." Municipal economy of cities 3, no. 170 (June 24, 2022): 83–87. http://dx.doi.org/10.33042/2522-1809-2022-3-170-83-87.
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The article examines issues related to the need to develop and features of a visual navigation system in the public transport infrastructure of the city of Kharkiv from the perspective of European projects currently being implemented in the city. Kharkiv and O.M.Beketov National University of Urban Economy in Kharkiv, in particular, are taking part in the implementation of the German-Swiss project "Integrated development of cities in Ukraine", the transport infrastructure of the city is being studied. Thus, the Kharkiv City Council signed a protocol on cooperation with the German federal company GIZ in the framework of the implementation of the project "Integrated development of cities in Ukraine II" in 2019, thereby joining the second phase of the initiative (2019–2023). The training events made it possible to improve cooperation, communication and coordination between various structural units of the city councils. In view of the results of this project, it is proposed to investigate the possibility of developing and using a visual navigation system in the public transport infrastructure of the city of Kharkiv and its features, based on European experience and taking into account harmonious integration into the overall branding of Kharkiv. The relevance of this issue is reinforced by the constant increase in the needs of citizens in public transport, which is primarily related to the growth of urban trends and the ecological vector of technology development. For Kharkiv, this issue is becoming even more urgent in modern conditions: it is planned to develop new public routes, making them more adaptable, increasing the number of electric buses, developing the city's bicycle infrastructure. The result of the project will be an impetus in the development of transport infrastructure, transformation and adaptation in view of modern conditions and European trends. Which, in turn, indicates the need for a systematic and complex approach in the development of visual navigation and taking into account the peculiarities of territory branding. Certain components that can be implemented in the formation of a complex of graphic and design solutions in navigation for the city of Kharkiv are considered.
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Rusanova, Svitlana, Varvara Piterska, and Svitlana Onyshchenko. "Modelling the project transport support optimal option." Technology audit and production reserves 1, no. 2(57) (February 28, 2021): 43–48. http://dx.doi.org/10.15587/2706-5448.2021.225288.
Full textAbstract:
The object of research is the processes of planning transport provision of projects. The vast majority of projects involve the creation of tangible objects as a product. The implementation of such projects is associated with the use of various types of materials and equipment, which necessitates transport services for the functioning of the project logistics system. Vehicles with different characteristics can be used to solve the same transportation problems. Also, for large-scale infrastructure projects, rental of vehicles is often used for the duration of the project. This allows, on the one hand, to save on transportation costs, on the other hand, to gain complete control over the transportation processes in the project. As a research result, an optimization model has been developed for determining the option of transport support for the project. The variant of transport support of the project is understood as a set of combinations of types and types of vehicles, their characteristics and conditions of use in the project for the work of the project that provide for transport services. Acquisition, lease or transport services from the project suppliers are considered as conditions for the use of vehicles in the project. The optimization criterion is the cost of transport support, taking into account their possible increase, as well as the potential risks of losses associated with the failure to complete the work. Constraints take into account costs, time to receive a project product, and availability of transportation options. Experimental calculations, a fragment of which is presented in the research, demonstrated the efficiency of the developed model, its adequacy and reliability of the results obtained with its help. The area of practical use of the model is making decisions about transportation at the stage of project planning. The model allows for «what-if» experiments, which reflect various scenarios that are possible in the transportation of the project. And this, in turn, allows at the stage of project planning to assess the possible risks associated with transportation, and to establish their impact on the project as a whole.
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Sokolova, Yana V. "The algorithm of structuring a large infrastructure project in the form of public-private partnership." Transportation Systems and Technology 4, no. 1 (March 15, 2018): 005–18. http://dx.doi.org/10.17816/transsyst2018041005-018.
Full textAbstract:
The Public-Private Partnership (PPP) is one of the most crucial tools for modernisation development of the state management system, a new concept of cooperation between the state and business. Therefore, it is highly significant to develop the scientific approaches to structural arrangement of infrastructure projects in the form of PPP. The first step towards this is the construction of algorithm of this process, which has been made in this paper.
The state is actively participating in the realisation of large infrastructure projects. A new legislative base, which regulates the priority of the infrastructure, is being formed. With the realisation of the planned projects, only a range of transport accessibility problems is solved. Whereas, the issues of development of transit potential of the country, the increase of transport accessibility of various regions, bolstering the mobility of population, etc. remain open.
An ambitious task to create an alternative transport “arteriole” through the Russian Federation territory may be solved by means of the Russian elaborations of the innovative transport technology on the basis of magnetic levitation.
In order to justify the feasibility of such a large project in the form of PPP, the structuring algorithm has been developed, which enables assessing the project at all viewpoints, starting from the moment of the idea of its realisation to the point of its operation, to determine the time costs, and other constituents of the process influencing the project.
The elaboration is based on a dialectical approach to the study of the innovative development, the application of scientific methods of the analysis and synthesis, classification, expert’s assessments, mathematical statistics, the geographical image of the data, which enable ensuring the reliability of the results and the validity of conclusions.
Creating instruments for structuring aims at exploring and expanding mechanisms of cooperation between the state and private business within PPP.
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Nugroho, Pascal Alfadian, and Vania Natali. "Open Sourcing Proprietary Application Case Study: KIRI Website." International Journal of New Media Technology 4, no. 2 (December 22, 2017): 82–86. http://dx.doi.org/10.31937/ijnmt.v4i2.784.
Full textAbstract:
KIRI, a previously closed source project, is a web-based public transport navigation application that serves Bandung and other cities in Indonesia. It was originally made for commercial purpose, but relatively unsuccessful. Rather than shutting it down, we transformed KIRI to an open source project. In this paper we explain such process of transformation. First, we identified technical infrastructures required by an open source project by literature review. Then, we surveyed various existing open source projects in Indonesia in terms of their completeness in technical infrastructure. Based on findings from literature review and survey, we converted KIRI into an open source project. Finally, we checked final result of this transformation, to ensure everything worked well. There were some problems found after conversion, and had been fixed accordingly. Further research is needed to see if the open sourced KIRI can attract community participation.
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Larin, Oleg N., and Amarsanaa Oyungarav. "Priorities for developing Mongolia’s cross-border transport and logistics infrastructure." Innotrans, no. 4 (2020): 3–7. http://dx.doi.org/10.20291/2311-164x-2020-4-3-7.
Full textAbstract:
The article examines the most important areas of development of the cross-border transport and logistics infrastructure of Mongolia, shows the prospects for integrating the national transport network into the system of land transcontinental transport corridors. Special attention is paid to the efficiency of border checkpoints. Implementation of project activities for further development of Mongolia’s cross-border transport and logistics infrastructure will increase the country’s economic, foreign trade and transit potential.