A research framework for risk management of PPP projects in China

Ping Chuen Chan, Ye Lin Xu

Research output: Chapter in book / Conference proceedingConference article published in proceeding or bookAcademic researchpeer-review

Abstract

Previous research indicates that existing PPP projects are plagued by risks and often have suffered poor performance in terms of cost overrun and schedule delay due to their complexity. Thus, it is essential to have a good risk management mechanism for a successful implementation. This paper reports the expanded research framework of a funded study, which aims to develop an equitable risk sharing mechanism for PPP projects in China. The study framework and methodologies adopted in this study are presented and discussed as are research findings for potential application in subsequent PPP projects. It is believed that the research framework designed for the PPP practices in China can also be replicated for other countries or other industries to produce similar research framework or models for risk management research.
Original languageEnglish
Title of host publicationISEC 2011 - 6th International Structural Engineering and Construction Conference
Subtitle of host publicationModern Methods and Advances in Structural Engineering and Construction
PublisherResearch Publishing Services
Pages79-83
Number of pages5
ISBN (Electronic)9789810879204
DOIs
Publication statusPublished - 1 Jan 2011
Event6th International Structural Engineering and Construction Conference: Modern Methods and Advances in Structural Engineering and Construction, ISEC 2011 - Swiss Federal Institute of Technology (ETH), Zurich, Switzerland
Duration: 21 Jun 201126 Jun 2011

Conference

Conference6th International Structural Engineering and Construction Conference: Modern Methods and Advances in Structural Engineering and Construction, ISEC 2011
Country/TerritorySwitzerland
CityZurich
Period21/06/1126/06/11

Keywords

  • PPP projects
  • Risk allocation
  • Risk evaluation
  • Risk identification
  • Risk management
  • Risk response

ASJC Scopus subject areas

  • Building and Construction
  • Civil and Structural Engineering

Cite this