Ranked Critical Factors in PPP Briefings

Abstract

Abstract:Public Private Partnerships (PPP) are increasingly used for procuring Australian infrastructure projects. As with all construction projects, the early briefing stages are often the most crucial in determining a successful outcome. This is, however, a lack of systematic research on the type and nature of the critical factors affecting the effectiveness and efficiency of PPP during this period. A literature review is presented of PPP usage in Australia, in which four main categories of factors (procurement, stakeholder, risk, and finance) are identified, each with several subfactors. A questionnaire survey is also described involving state government stakeholders and a This is the Pre-Published Version. 2 mathematical model is developed which ranks the factor involved. This is followed by an examination of the potential of the factors to help improve the PPP briefing stage for both public and private sectors.

Examining the Interrelationship among Critical Success Factors of Public Private Partnership Infrastructure Projects

“…Second, Ismail suggested that the rankings of importance for many factors were mostly significantly different between the public and private sectors, and the difference affects the success of PPP implementation in Malaysia [49]. Additionally, Tang et al also suggested that stakeholder-related factors need to be considered to achieve the efficiency and effectiveness of relationships among stakeholders in PPP within the Australia context [14]. Finally, in order to determine the relationship between the public sector and private sector, the professor also suggests that stakeholder-related factors should be divided into three groups, i.e., the public sector-related factor, private sector-related factors and public-related factors.…”

“…Tang et al suggest that a good project environment is useful for both public and private sectors to understand the stakeholders' opinions [14]. The government can help to create and maintain such environments, which is the cornerstone of sustainable private participation in infrastructure projects [12], and eliminate fears of the private sector concerning various risks [13].…”

“…Tang et al suggest that a good project environment is useful for both public and private sectors to understand the stakeholders' opinions [14].…”

Factors determining the success of public private partnership projects in Nigeria

“…However, this is a concept being adopted in the construction industry (Sanvido et al, 1992;Chua, Cog and Loh, 1999). The concept of critical success factors has been investigated by many authors on PPP projects (Jefferies, Gameson and Rowlinson, 2002;Li et al, 2005;Cartligde, 2006;Jacobson and Choi, 2008;Cheung, 2009;Agrawal, 2010;Minnie, 2011;Chou et al, 2012;Ng, Wong and Wong, 2012;Cheung, Chan and Kajewski, 2012;Tang et al, 2013;Ismail, 2013;Wibowo and Alfen, 2014;and Ameyan and Chan, 2015). A comprehensive literature review was conducted to identify CSFs of PPP in the construction industry.…”

“…Two factors that were identified as key factors for the delivery of PPP projects by the public sector were the alignment with government's strategic objectives (Ng, Wong and Wong, 2012;and Tang et al, 2013) and strong political support (Wibowo and Alfen, 2014;and Ameyan and Chan, 2015). However, the commitment and responsibility of public/private sectors (Li et al, 2005;Cartlidge, 2006;Jacobson and Choi, 2008;Cheung 2009;Chou et al, 2012;Ismail, 2013;and Ameyan and Chan, 2015), true partnership (Cartlidge, 2006;Jacobson and Choi, 2008), and open communication (Cartlidge, 2006;Jacobson and Choi, 2008) are the factors that are common to both public and private sectors' participants in the projects' implementation.…”