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CONTROLLING OBOR PROJECTS’ RISKS BY APPLYING MODERN PROJECT MANAGEMENT TOOLS
Abstract:
One Belt One Road (OBOR) Initiative launched by People’s Republic of China is currently the biggest publicly undertaken investment portfolio in the world. It refers to construction of numerous capital infrastructure projects in Europe and Asia, accompanied by upgrading naval and continental transportation roots. Megaprojects carry significant amount of various risks on its own. Mutually dependent megaprojects, relying on one sole credit loan provider targeting a number of diversified developing countries eager to attract foreign investments with affordable interest rates, increase the scope and effect of the investing risks. Modern industrial and institutional project management tools have considerably contributed to the third and fourth industrial revolution, resulting in significant industrial, commercial and economic development of markets in Europe and United States of America. Applying these project management tools can result in risk control of future OBOR projects and ensure that all stakeholders benefit from future development and expansion of OBOR.
CITATION:
IEEE format
M. Radunović, “Controlling Obor Projects’ Risks by Applying Modern Project Management Tools,” in FINIZ 2018 - The Role of Financial and Non-Financial Reporting in Responsible Business Operation, Belgrade, Singidunum University, Serbia, 2018, pp. 37-45. doi: 10.15308/finiz-2018-37-45
APA format
Radunović, M. (2018). Controlling Obor Projects’ Risks by Applying Modern Project Management Tools. Paper presented at FINIZ 2018 - The Role of Financial and Non-Financial Reporting in Responsible Business Operation. doi:10.15308/finiz-2018-37-45
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