Quests for Public-Private Partnership

2017 ◽  
pp. 38-76
Keyword(s):  
Risk Analysis ◽  
Service Delivery ◽  
Success Factors ◽  
Clear Definition ◽  
Strategic Partnerships ◽  
Private Partnership ◽  
Extant Literature ◽  
Critical Success ◽  
Project Phases ◽  
Literature Highlight

This chapter critically reviews seminal literature on PPPs, in order to identify core congruent issues, motif, basics and environment as necessity to answer the quests for quality service delivery so rampant world over. It draws out a number of key themes to better understand why the quest for PPP has turned out to be the ‘driving tone' for all governments, even though successive reports/news prints, have uncovered many challenges in their implementation. Acknowledging that there is no one clear definition, strategy or template for the effective partnering, findings from extant literature highlight principles and critical success factors (CSFs) deemed integral to augmenting PPP performance and success. So, whilst governments invariably conducts their businesses with a smaller ration of strategic partnerships than commonly believed, and accepting private partners dominance has predominantly remained, it is advocated that there is an exigent need to disentangle the PPP initiative through some form of proper risk analysis in the project phases. The case for this is presented through a relationship schema that maps the fabric, reliance and drivers for PPP success.

Quests for Public-Private Partnership

2020 ◽  
pp. 2453-2492
Author(s):  
Peter Adoko Obicci
Keyword(s):  
Risk Analysis ◽  
Service Delivery ◽  
Success Factors ◽  
Clear Definition ◽  
Strategic Partnerships ◽  
Private Partnership ◽  
Extant Literature ◽  
Critical Success ◽  
Project Phases ◽  
Literature Highlight

This chapter critically reviews seminal literature on PPPs, in order to identify core congruent issues, motif, basics and environment as necessity to answer the quests for quality service delivery so rampant world over. It draws out a number of key themes to better understand why the quest for PPP has turned out to be the ‘driving tone' for all governments, even though successive reports/news prints, have uncovered many challenges in their implementation. Acknowledging that there is no one clear definition, strategy or template for the effective partnering, findings from extant literature highlight principles and critical success factors (CSFs) deemed integral to augmenting PPP performance and success. So, whilst governments invariably conducts their businesses with a smaller ration of strategic partnerships than commonly believed, and accepting private partners dominance has predominantly remained, it is advocated that there is an exigent need to disentangle the PPP initiative through some form of proper risk analysis in the project phases. The case for this is presented through a relationship schema that maps the fabric, reliance and drivers for PPP success.

scholarly journals Critical Success Factors for Sustainable Public-Private Partnership (PPP) in Transition Conditions: An Empirical Study in Bosnia and Herzegovina

2020 ◽  
Vol 12 (17) ◽  
pp. 7121
Author(s):  
Goran Amović ◽  
Rado Maksimović ◽  
Sonja Bunčić
Keyword(s):  
Critical Success Factors ◽  
Success Factors ◽  
Principal Component ◽  
Transitional Economies ◽  
Public Private Partnership ◽  
Public Private Partnerships ◽  
Private Partnership ◽  
Methodological Research ◽  
Critical Success ◽  
National Governments

In the initial stages of the adoption and institutionalization of Public-Private Partnerships (PPPs), national governments of transitional economies have accepted, developed, and organized Public-Private Partnerships with varying degrees of success. This study aims to investigate the critical success factors (CSFs) influencing the establishment of a sustainable Public-Private Partnership in transition conditions. In the first part of the paper, based on an extensive review of the literature, previous studies and relevant results in this field are presented as a background for this research. In the second part of this article, the survey used a factor analysis, which, with the application of the Principal Component Analysis and Varimax method with Kaiser normalization, has extracted four CSFs: (1) the establishment of a central PPP unit—knowledge center; (2) the establishment of a compatible legal/regulatory framework; (3) development of national PPP policies and strategies; and (4) standardization and transparency of the process. In the concluding remarks, the authors address the perspectives and methodological research constraints, examining possibilities to develop new knowledge and more efficient Public-Private Partnership implementation in the developing PPP markets of transitional economies.

The Influence of Critical Success Factors on Value for Money Viability Analysis in Public–Private Partnership Projects

2017 ◽  
Vol 48 (4) ◽  
pp. 93-106 ◽  
Author(s):  
Khalid Almarri ◽  
Halim Boussabaine
Keyword(s):  
Critical Success Factors ◽  
Success Factors ◽  
Public Private Partnership ◽  
Value For Money ◽  
Public And Private ◽  
Private Partnership ◽  
The Public ◽  
Public Projects ◽  
Viability Analysis ◽  
Critical Success

Governments are increasingly entering partnerships with the private sector through the public–private partnership (PPP) model for the development of public projects. Value for money analysis is used to assess the viability of these ventures. This research aims to investigate the contribution of the PPP critical success factors to value for money viability analysis. Relevant data were collected through a questionnaire to establish the PPP critical success factors and value for money success criteria. Data were collected from 92 participants. The data obtained were analyzed using mean score, t-test, and regression analysis. The research found that government guarantees, macroeconomic conditions, shared authority between the public and private sectors, social support, and transparent procurement process contributed positively to value for money viability analysis. The results imply that practitioners should consider these key indicators for improving the value for money viability of PPP projects.

scholarly journals Investigation of the challenges facing public-private partnership projects in Australia

2019 ◽  
Vol 19 (1) ◽  
Author(s):  
Godfrey Charles Mwakabole ◽  
Argaw Tarekegn Gurmu ◽  
Linda Tivendale
Keyword(s):  
Success Factors ◽  
Risk Measures ◽  
Business Case ◽  
Project Planning ◽  
Public Private Partnership ◽  
Light Rail ◽  
Infrastructure Projects ◽  
Private Partnership ◽  
Critical Success ◽  
Political Interference

The practice of implementing infrastructure projects through a public-private partnership (PPP) arrangement is widely employed around the world with successful outcomes. However, this practice is not without challenges related to cost, time and quality variations, which the public is forced to bear. This study aims to explore factors influencing the termination of the East West Link project in Melbourne and present time and cost variation challenges facing the Sydney Light Rail project. This paper utilizes literature, investigating the critical success factors (CSF) for PPP infrastructure projects in an international context, and other readily available data sources such as Australian government publications, the case projects’ reports, news articles, and websites as the sources of data. The data gathered from these sources was then analysed to understand the project challenges and to investigate the relationship between CSF and the challenges. Four challenges were identified, including insufficiency of the business case, political interference, non-independence of implementing organizations and insufficient risk profile identification. The findings can assist to cover the loopholes that might cause similar failures in project planning, risk management, and policy and guideline frameworks. However, efforts should be made in improving the existing policies to accommodate political interests as part of risk measures under the national PPP guidelines. 

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