IMPLEMENTATION OF PUBLIC-PRIVATE PARTNERSHIP PROJECTS: PROBLEMS AND ITS SOLUTIONS

2020 ◽  
Vol 1 (9) ◽  
pp. 137-141
Author(s):  
T. T. ADAMIYA ◽  

The purpose of this work is to identify the main problems in the formation and development of PPP projects in Russia, as well as to propose ways to solve them. The article analyzes the significant barriers hindering the development of PPP in Russia, based on the results of international and Russian studies. The study found that a strategic PPP approach has the potential to mitigate cost overruns and facilitate the timely delivery of each project phase on a timetable by clearly delineating governance, sharing common risks, integrating resources, applying best practices, and setting cost budgeting and accountability throughout life cycle. PPP in the long term can solve each of these tasks to varying degrees, depending on the project. Recently, the development of public-private partnerships (PPPs) and overcoming barriers to the implementation of investment and construction projects in the form of PPPs have become increasingly relevant and discussed at the state level, as well as among large and medium-sized businesses in Russia. The development and improvement of financial mechanisms within the country will create a basis for the effective use of resources, business and government opportunities in the development of PPP projects, in particular infrastructure.

Author(s):  
George Jergeas ◽  
Jim Lozon

Large (mega) capital projects are experiencing cost overruns and schedule delays that are negatively affecting return on investment. Energy and industrial construction projects face unique challenges in project execution due to geography, climate, labour market characteristics, investment and other factors, both internal and external to the industry. Nonetheless, there is an urgent need for industry to address these challenges in order to improve the long-term success and sustainability of industry. A survey of industry leaders regarding their perception of where industry is at, areas for improvement and challenges they are facing. We asked them their opinion on what practices are good or bad, what needs to be improved and what lessons they may have learned regarding industry planning and execution processes, practices and procedures for large capital projects. The paper will present the findings from this industry survey. We also conducted a literature search of published material of industry practices on large capital projects. We analyzed the published material and survey responses to determine the current industry project performance (where are we at today?), factors that affect performance (what are we doing today?) and how can we improve performance (what can we do tomorrow?). We then present our recommendations. We encourage executives to expand their oversight of projects.


2021 ◽  
Author(s):  
Homa Bahmani ◽  
Wei Zhang

Abstract Following the increasing rate of natural disasters, more attention is being paid to post-natural disaster reconstruction projects. However, from the perspective of project management, these projects show a significant degree of differences from the regular construction projects. Although some progress has been made on this topic, further research is needed to smooth pathways for the management of Post-Natural Disaster Recovery (PNDR) projects. This paper provides a management framework for PNDR projects throughout the qualitative analysis of the research's selected resources. The resources identified by applying inclusion and exclusion criteria in academic online platforms have been coded by NVivo 2020, and corresponding groups have been made for PNDR life-cycle and project stages. An integrated management framework has been put forward throughout the simultaneous application of the research's suggested life-cycle and project stages for PNDR projects. The most significant observation of this study is the necessity of applying a continuous life-cycle to address projects' long-term goals and provide an experience-based database for the management of next natural disasters. The significant role of planning in the entire life-cycle of PNDR projects, recognition of the tasks that need to be handled continuously during entire PNDR projects, the necessity of simultaneous consideration of tangible and intangible recovery outcomes are the other findings of this study. Recognition of reconstruction as part of the bigger system, named recovery, also stressed the necessity of considering the recovery project as a whole.


2021 ◽  
Author(s):  
Akash Ravi ◽  
Nazim Donawa

Outsourcing refers to the concept of delegating certain tasks to an external team. It can be a differentiating factor that can aid an organization gain a competitive advantage. Consultants can bring valuable experience on domain knowledge, interdisciplinary applications, and benefits from economies of scale. From ensuring effective use of resources to venturing into uncharted sectors, outsourcing can have a myriad of benefits for a project team. Similar to most business processes, there is an inherent trade-off that needs to be made when outsourcing. Risk management protocols are required when outsourcing, to balance execution control and collaborate effectively. Within the scope of IT projects, this research aims to survey the various methods of strategic outsourcing and the contexts in which they operate. Further sections attempt to analyze case studies based on the aforementioned aspects. Based on the available literature, the research consolidates best practices in outsourcing and presents recommendations on aligning them with project goals. Finally, the potential concerns that need to be addressed when trying to outsource activities are presented. Therefore, the research to be done within this analysis will look to dissect existing literature to assess current outsourcing practices. Additionally, the research will look for reasons why outsourcing was/is not as successful as it could be, as well as evaluate how outsourcing in IT has changed with the occurrence of the COVID-19 pandemic.


2015 ◽  
Vol 15 (4) ◽  
pp. 405-438 ◽  
Author(s):  
Michael Regan ◽  
Peter E.D. Love ◽  
Jim Jim

Adversarial contracting methods are used for most public infrastructure procurement and timely delivery on budget remains a problem. In the past 20 years, OECD countries have adopted a number of alternative procurement methods that are based on collaborative principles including public private partnerships, long-term outsourcing arrangements and relationship/alliance contracts. We review the theoretical principles that operate for both adversarial and collaborative contracting methods. We identify the characteristics of non-adversarial contracting methods such as the output specification, qualitative selection criteria, the alignment of incentives, discrete allocation of residual control rights, life cycle costing, and risk-weighted value for money measurement that are delivering better procurement outcomes for government.


2021 ◽  
Author(s):  
Akash Ravi ◽  
Nazim Donawa

Outsourcing refers to the concept of delegating certain tasks to an external team. It can be a differentiating factor that can aid an organization gain a competitive advantage. Consultants can bring valuable experience on domain knowledge, interdisciplinary applications, and benefits from economies of scale. From ensuring effective use of resources to venturing into uncharted sectors, outsourcing can have a myriad of benefits for a project team. Similar to most business processes, there is an inherent trade-off that needs to be made when outsourcing. Risk management protocols are required when outsourcing, to balance execution control and collaborate effectively. Within the scope of IT projects, this research aims to survey the various methods of strategic outsourcing and the contexts in which they operate. Further sections attempt to analyze case studies based on the aforementioned aspects. Based on the available literature, the research consolidates best practices in outsourcing and presents recommendations on aligning them with project goals. Finally, the potential concerns that need to be addressed when trying to outsource activities are presented. Therefore, the research to be done within this analysis will look to dissect existing literature to assess current outsourcing practices. Additionally, the research will look for reasons why outsourcing was/is not as successful as it could be, as well as evaluate how outsourcing in IT has changed with the occurrence of the COVID-19 pandemic.


2013 ◽  
Vol 723 ◽  
pp. 630-638
Author(s):  
Andreas Biedermann ◽  
Christian Jacobi

This paper reviews modern technologies for the recycling of asphalt, which is a key element for effective use of resources. The major goal of the industry is to create a true recycling, meaning that the reclaimed asphalt is used in the same road layer where it has been used before. This requires the ability to produce high-quality asphalt while incorporating high-ratios of reclaimed asphalt. Depending on the situation of the regional road construction industry different strategies for re-using reclaimed asphalt are appropriate. In this paper, we provide an overview on best practices for recycling on asphalt mixing plants.


Author(s):  
A. A. Tugay ◽  
V. O. Pokolenko ◽  
A. D. Yesipenko ◽  
A. V. Dubinka

The article is aimed at considering the content of information modeling of construction and investment projects through the joint application of BIM-technologies (Building Information Modeling - information modeling of buildings) for the full life cycle of construction objects. The use of this approach in the implementation of investment and construction projects makes it possible to detail the project in order to make timely decisions at every stage of the project life cycle, from the concept of a future facility to its operation.Building information modeling technologies make it possible to determine and increase the level of interaction between project participants and improve the organization of collaboration between all construction participants. This requires quantitative and qualitative transformations, including the transition to information modeling and in areas related to construction, which contribute to a more efficient allocation of investments and the formation of the optimal project cost, solving the problems of increasing construction volumes and implementing large-scale infrastructure projects in optimal terms at the state level. Determining the prerequisites and ways of implementing the BIM concept with the optimization of business processes is relevant and requires scientific substantiation and implementation of the study of information modeling technology in the educational process for a high-quality and professional approach to construction projects in practice.


2021 ◽  
Vol 7 (1) ◽  
pp. 94
Author(s):  
Faridah Muhamad Halil ◽  
Mohamad Suffian Hasim ◽  
Siti Mazuen Kamaruddin

Interfirm collaboration is a cooperation between business organizations that allow achieving their common goals more effectively. Through partnering concept of collaboration, the organization will gain the benefits in terms of the project successfully run according to the time, cost and quality. The understanding of this concept of partnering is crucial for the clients in the construction project, without this knowledge of partnering concept the client will suffer cost overruns, delay, more variation order and dispute in the project implementation. The study conducted using a quantitative approach and involved the sampling from public and private clients. The main result indicates that that the public clients and private client understood the concept of partnering. Public clients agreed that specific projects require partnering with contractors. Suitability of the projects is complex projects, critical project and long term development. High impact projects in the public clients are given to the contractors that shows the capabilities and good reputation from the previously completed project.  However, Private clients stated that projects that are critical to the client's business are suitable for the partnering concept.


Improving the efficiency of life cycle management of capital construction projects using information modeling technologies is one of the important tasks of the construction industry. The paper presents an analysis of accumulated domestic practices, including the legal and regulatory framework, assessing the effectiveness of managing the implementation of investment construction projects and of complex and serial capital construction projects, as well as the life cycle management of especially dangerous technically complex and unique capital construction projects using information modeling technologies, especially capital construction projects, as well as their supporting and using systems, primarily in the nuclear and transport sectors. A review of modern approaches to assessing the effectiveness of life cycle management systems of complex engineering systems in relation to capital construction projects is carried out. The presented material will make it possible to formulate the basic principles and prospects of applying approaches to assessing the effectiveness of the life cycle management system of a capital construction project using information modeling technologies.


The variants of the division of the life cycle of a construction object at the stages adopted in the territory of the Russian Federation, as well as in other countries are considered. Particular attention is paid to the exemplary work plan – "RIBA plan of work", used in England. A feature of this document is its applicability in the information modeling of construction projects (Building information Modeling – BIM). The article presents a structural and logical scheme of the life cycle of a building object and a list of works that are performed using information modeling technology at various stages of the life cycle of the building. The place of information models in the process of determining the service life of the building is shown. On the basis of the considered sources of information, promising directions for the development of the life cycle management system of the construction object (Life Cycle Management) and the development of the regulatory framework in order to improve the use of information modeling in construction are given.


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