Factors contributing to successful public private partnership projects : comparing Hong Kong with Australia and the United Kingdom
Cheung, Esther, Chan, Albert, & Kajewski, Stephen L. (2012) Factors contributing to successful public private partnership projects : comparing Hong Kong with Australia and the United Kingdom. Journal of Facilities Management, 10(1), pp. 45-58.
With the increasing interest in Public Private Partnership (PPP) there is a need to investigate the factors contributing to successful delivery of PPP projects.
An empirical questionnaire survey was conducted in Hong Kong and Australia. The survey respondents were asked to rate eighteen factors which contribute to delivering successful PPP projects.
The findings from this survey were further compared with the results achieved by a previous researcher (Li, 2003) in a similar survey conducted in the United Kingdom. The comparison showed that amongst the top five success factors ranked by Hong Kong respondents, three were also ranked highly by the Australians and British. These success factors included: ‘Commitment and responsibility of public and private sectors’; ‘Strong and good private consortium’; and ‘Appropriate risk allocation and risk sharing’.
These success factors were therefore found to be important for contributing to successful PPP projects irrespective of geographical locations.
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|Item Type:||Journal Article|
|Subjects:||Australian and New Zealand Standard Research Classification > ENGINEERING (090000) > CIVIL ENGINEERING (090500) > Construction Engineering (090502)|
Australian and New Zealand Standard Research Classification > BUILT ENVIRONMENT AND DESIGN (120000) > BUILDING (120200) > Building Construction Management and Project Planning (120201)
|Divisions:||Past > QUT Faculties & Divisions > Faculty of Built Environment and Engineering|
Past > Schools > School of Urban Development
|Copyright Owner:||Copyright 2012 Emerald Group Publishing Ltd.|
|Deposited On:||24 Jun 2010 10:59|
|Last Modified:||27 Feb 2012 08:06|
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