The aim of this paper is to measure 'overall' success of a public private partnership (PPP) transport projects using four case studies. All four case studies are PPP toll roads from four different EU countries (UK, Spain, Portugal and Greece). The case studies have been analysed using a manual Qualitative Comparative Analysis approach. According to the paper, three different perspectives have been used to measure the success of a project, that is, project management perspective, stakeholder perspective and contract management perspective. The 'overall' success has then been deduced by bringing these three perspectives together as a holistic approach. The findings are presented in the form of a matrix and the final outcome of the paper shows a simple methodological approach that can be used to measure success of a PPP transport project. Since the study takes more of a qualitative approach, researcher bias and perceptions have a major role to play in the final outcome. However, to reduce 'biasness', quantitative measures have also been used to quantify the Key Performance Indicators and performance measures in the case studies. It is hoped that the study makes a valid contribution to the areas of transport PPPs and performance measurement.
Purpose -The purpose of this paper is to illustrate the payment models and financing structures used for road Infrastructure projects under public private partnerships (PPPs) in the UK. Comparison of funding and financial structures in the selected case studies exposes the risks and values of the models of payment utilised. This research also aims to identify relationships with payment certainty and financing debt restructuring. Design/methodology/approach -The paper compares several case studies representing the evolution of private finance initiative road infrastructure in the UK context. Templates were completed using semi-structured interviews during data collection; and a qualitative content analysis approach was employed for case study analysis. Findings -Lessons learned from using different payment methods show the benefit and limitations of adopting different forms of PPP in road development. Refinancing of projects presents substantial risks to the viability of a project, and benefits gained by the private sector. Further, refinancing brings no significant benefits to the public sector as well. Practical implications -Performance of selected case studies highlights emerging issues that need to be considered when adopting a PPP procurement route in roads projects. Financial markets have supported these projects under different risk profiles and payment models. They also have the potential to play a greater part in capitalising long-term investment in road projects and increase private sector participation in infrastructure development, generating more competition and innovation. Originality/value -This paper provides case study comparison and practical implications of recent PPP developments in road provision in the UK and the evolution of public policy in the subject.
Purpose
This paper aims to identify success factors and resilience measures (RM) that contribute to disaster risk reduction (DRR) in public private partnerships (PPP) port projects in Asia. Significant losses have been associated with large-scale natural hazards, such as earthquakes, tsunami, cyclones and other extreme weather events, and thus, ports need to evaluate their resilience level and adopt relevant DRR strategies to improve it.
Design/methodology/approach
A step-by-step methodology, based on literature review, port cases analysis, questionnaire survey and expert opinions, was followed.
Findings
The paper provides a research instrument extracted from a large list of measures and factors after a combined screening process was carried out. This instrument offers policymakers and researchers a tool applicable to PPP port projects in Asian countries to evaluate the level of resilience.
Research limitations/implications
Relevant RM for some specific projects may have not been considered to obtain a standardised instrument.
Originality/value
This paper fulfils an identified need to evaluate resilient port infrastructures and the output is a resilience framework to be used in PPP port projects in Asia.
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