Zhang, X (2005) Critical success factors for public-private partnerships in infrastructure development. Journal of Construction Engineering and Management, 131(1), pp. 3-14. ISSN 0733-9364
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.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | financial management; infrastructure; partnerships; privatization |
| Index terms: | infrastructure project, privatization, partnership, financial management, package, case study, critical success factor, questionnaire, literature review, survey, infrastructure development, interview |
| Subjects: | contractual arrangements, data analysis and analytics, economic analysis, control systems, data collection methods, infrastructure and transport systems, partnership management, infrastructure engineering |
| Topics: | Procurement, Stakeholder Management, Project Management, Research Practice, Engineering Principles, Business Strategy |
| Descriptive scope: | 4 PCEA |
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