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 language | English |
|---|---|
| Title of host publication | ISEC 2011 - 6th International Structural Engineering and Construction Conference |
| Subtitle of host publication | Modern Methods and Advances in Structural Engineering and Construction |
| Publisher | Research Publishing Services |
| Pages | 79-83 |
| Number of pages | 5 |
| ISBN (Electronic) | 9789810879204 |
| DOIs | |
| Publication status | Published - 1 Jan 2011 |
| Event | 6th 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 2011 → 26 Jun 2011 |
Conference
| Conference | 6th International Structural Engineering and Construction Conference: Modern Methods and Advances in Structural Engineering and Construction, ISEC 2011 |
|---|---|
| Country/Territory | Switzerland |
| City | Zurich |
| Period | 21/06/11 → 26/06/11 |
Keywords
- PPP projects
- Risk allocation
- Risk evaluation
- Risk identification
- Risk management
- Risk response
ASJC Scopus subject areas
- Building and Construction
- Civil and Structural Engineering