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Critical Success Factors for Public–Private Partnerships in Infrastructure Development.
- Source :
-
Journal of Construction Engineering & Management . Jan2005, Vol. 131 Issue 1, p3-14. 12p. - Publication Year :
- 2005
-
Abstract
- Different types of public–private partnerships (PPPs) have been practiced in worldwide infrastructure development with diverse results and a variety of problems have been encountered. A number of factors combine to determine the success or failure of an infrastructure project in terms of its objectives. There is an urgent need for a workable and efficient procurement protocol for improved practices in future PPP projects. As an important step toward the development of such a protocol, this study identifies, analyzes, and categorizes various critical success factors (CSFs) for PPPs in general based on a public–private win–win principle and a systematic research approach that includes case studies, literature review, and interviews/correspondence with international experts. A CSF package is developed that contains five main CSFs, each including a number of success subfactors (SSFs). Relative significances of these CSFs and SSFs are examined based on the results of a questionnaire survey of international expert opinions. Agreement analysis shows that there is a good agreement in the ranking of these CSFs and SSFs between respondents from the industrial sector and those from the academic sector. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 07339364
- Volume :
- 131
- Issue :
- 1
- Database :
- Academic Search Index
- Journal :
- Journal of Construction Engineering & Management
- Publication Type :
- Academic Journal
- Accession number :
- 15382461
- Full Text :
- https://doi.org/10.1061/(ASCE)0733-9364(2005)131:1(3)