Finance-Related critical success factors for the briefing of PPP projects in construction

Liyaning Tang; Qiping Shen

doi:10.1061/9780784413135.040

Finance-Related critical success factors for the briefing of PPP projects in construction

Liyaning Tang
, Qiping Shen

Research output: Chapter in book / Conference proceeding › Conference article published in proceeding or book › Academic research › peer-review

7 Citations (Scopus)

Abstract

Public-private partnership (PPP) is widely used in the world. Many researchers claimed that PPP can contribute to sustainability in nature as it promotes long-term productive use of resources. The briefing stage is important to a PPP project because it is the stage when private sector funds are injected into projects. In considering this, the paper aims at identifying the finance-related critical factors that could lead to the success of the project in the briefing stage. Six finance-related factors were identified based on a comprehensive review of literature followed by personal interviews. The importance of these factors was rated using a questionnaire survey in Hong Kong and Australia. Because some background variables should be taken into account when rating these factors, a custom-made weighted ranking method was developed which enabled an estimation of the weighted importance of finance-related factors. A comparative study of the results between Hong Kong and Australia was conducted. Discussion is provided to describe how these factors can help improve the briefing stage of PPP projects.

Original language	English
Title of host publication	ICCREM 2013
Subtitle of host publication	Construction and Operation in the Context of Sustainability - Proceedings of the 2013 International Conference on Construction and Real Estate Management
Pages	427-437
Number of pages	11
DOIs	https://doi.org/10.1061/9780784413135.040
Publication status	Published - 11 Dec 2013
Event	2013 International Conference on Construction and Real Estate Management: Construction and Operation in the Context of Sustainability, ICCREM 2013 - Karlsruhe, Germany Duration: 10 Oct 2013 → 11 Oct 2013

Conference

Conference	2013 International Conference on Construction and Real Estate Management: Construction and Operation in the Context of Sustainability, ICCREM 2013
Country/Territory	Germany
City	Karlsruhe
Period	10/10/13 → 11/10/13

ASJC Scopus subject areas

Civil and Structural Engineering
Building and Construction

More information

10.1061/9780784413135.040

Cite this

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abstract = "Public-private partnership (PPP) is widely used in the world. Many researchers claimed that PPP can contribute to sustainability in nature as it promotes long-term productive use of resources. The briefing stage is important to a PPP project because it is the stage when private sector funds are injected into projects. In considering this, the paper aims at identifying the finance-related critical factors that could lead to the success of the project in the briefing stage. Six finance-related factors were identified based on a comprehensive review of literature followed by personal interviews. The importance of these factors was rated using a questionnaire survey in Hong Kong and Australia. Because some background variables should be taken into account when rating these factors, a custom-made weighted ranking method was developed which enabled an estimation of the weighted importance of finance-related factors. A comparative study of the results between Hong Kong and Australia was conducted. Discussion is provided to describe how these factors can help improve the briefing stage of PPP projects.",

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Tang, L & Shen, Q 2013, Finance-Related critical success factors for the briefing of PPP projects in construction. in ICCREM 2013: Construction and Operation in the Context of Sustainability - Proceedings of the 2013 International Conference on Construction and Real Estate Management. pp. 427-437, 2013 International Conference on Construction and Real Estate Management: Construction and Operation in the Context of Sustainability, ICCREM 2013, Karlsruhe, Germany, 10/10/13. https://doi.org/10.1061/9780784413135.040

Finance-Related critical success factors for the briefing of PPP projects in construction. / Tang, Liyaning; Shen, Qiping.
ICCREM 2013: Construction and Operation in the Context of Sustainability - Proceedings of the 2013 International Conference on Construction and Real Estate Management. 2013. p. 427-437.

Research output: Chapter in book / Conference proceeding › Conference article published in proceeding or book › Academic research › peer-review

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Finance-Related critical success factors for the briefing of PPP projects in construction

Abstract

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ASJC Scopus subject areas

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