Leiringer, R (2001) Developing an effective model to support construction companies entering the public-private partnership projects' market. In: Akintoye, A (ed.) Proceedings of 17th Annual ARCOM Conference, 5-7 September 2001, Salford, UK.
Abstract
The global economy is changing and national governments throughout the world are finding it increasingly difficult to fund projects catering for ever more diverging social needs. The idea that the private sector can play an important part in the financing, creation and operation of public services and built assets has thereby gained ground. Varying forms of partnership solution between the public and private sectors have emerged based on the assumption that both sectors have unique skills and characteristics providing each with advantages in undertaking certain tasks. These so called public private partnership projects (PPPs) are being realized in many areas within the public sector. In some respects the PPPs that generate construction work constitute a new challenge to the construction sector. Novel ways of conducting work are imposed on the actors in the form of risks and responsibilities that previously would have been taken by the public sector. This paper discusses research conducted within the research project 'developing an effective model to support construction companies entering the public private partnership projects market'. This research project aims at creating a body of knowledge to support the Swedish construction sector in its exploitation of the potential of PPP. Conclusions are drawn that emphasize the need of more thorough research of the design and construction phases of the projects, in particular how the team's efforts can be focused on innovation.
| Item Type: | Conference Paper (Paper) |
|---|---|
| Uncontrolled Keywords: | public private partnerships; project management; project finance; technology innovation |
| Index terms: | financing, project finance, public private partnership, project management, body of knowledge, construction sector, built asset, design and construction, construction work, technology innovation, construction company, exploitation, public sector, private sector, partnership, public services |
| Subjects: | financial management, management, project management theory and practice, automation and robotics, asset management, partnership management, industry analysis, administrative law, organization, operations management, economic analysis, contractual arrangements, knowledge management |
| Topics: | Legal Issues, Digital Applications, Project Management, Research Practice, Information Management, Business Strategy, Cost Management, Procurement, Stakeholder Management |
| Descriptive scope: | 3 PCT |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here