Jayasuriya, S; Zhang, G and Jing Yang, R (2019) Challenges in public private partnerships in construction industry: A review and further research directions. Built Environment Project and Asset Management, 9(2), pp. 172-185. ISSN 2044-124X
Abstract
Purpose: Public private partnerships (PPPs) face challenges in implementation and operation, and need efforts to improve their performance. The purpose of this paper is to review the PPP literature quantitatively and qualitatively, in order to establish challenge themes and set research directions. Design/methodology/approach: More than 4,000 papers published between 2008 and 2017 were retrieved. From this collection, papers from five major international journals were selected to explore extant PPP research findings under six main PPP challenges including: challenges related to financial management, concession period and price determination, operational phase, risk management, PPP project procurement and stakeholder management (SM). Initially, the papers were categorised quantitatively into the identified challenges and subsequently the articles were qualitatively analysed and discussed. Findings: Poor SM, the complexity of risk management models, project delivery time and cost overruns, inadequate consideration of whole life-cycle aspects and over-reliance on a Public Sector Comparator for evaluating PPPs are found to be the most commonly encountered issues. These all warrant more extensive attention and innovative solutions. Practical implications: PPP projects have faced many challenges in practice and also existing research findings have limited application in practice. Challenges highlighted in this research can be a focus area in practice to improve the performance of PPPs. Originality/value: No previous reviews have explored the challenges relating to PPP projects and how they can then addressed by further studies in the field. This review is intended to address that gap, and should help to shed light on further research directions to address the emerging challenges in PPP procurement.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | challenges; construction; performance; public private partnerships; review; stakeholder management |
| Index terms: | concession period, financial management, journal, public sector, price determination, face, cost overrun, risk management, methodology, public private partnership, project procurement, project delivery, complexity, stakeholder management, construction industry, implementation |
| Subjects: | research dissemination and communication, risk assessment, financial and cost management, project delivery, economic analysis, participation process, contractual arrangements, psychology, research methods, tendering, contract structure, systems engineering, administrative law, industry analysis |
| Topics: | Legal Issues, Organizational Design, Research Practice, Engineering Principles, Business Strategy, Cost Management, Procurement, Risk Management, 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