Stakeholders’ perspectives on the success criteria for public-private partnership projects
Abstract
Given the complexity and wide stakeholder interests in public-private partnership (PPP) projects, different parties have different expectations and definitions of PPP project success. This paper explores the perceptual differences on the success criteria for PPP projects among PPP stakeholders. A questionnaire survey was conducted with targeted international PPP experts from the academic, public and private sectors. The research findings show that each stakeholder group considers effective risk management as the most critical success criterion. Moreover, the public and private sectors consider meeting output specifications as the second most critical criteria, whereas the academic sector considers satisfying the need for public facility/service. Further analysis using non parametric tests shows significant differences on the ranking of the criterion, “satisfying the need for public facility/service” between the public and private sectors and between academic and private sectors. These research outputs provide significant insights into how PPP projects’ success is evaluated by various PPP stakeholders.
Keywords:
public-private partnership, success criteria, stakeholders, project success, perspectivesHow to Cite
Osei-Kyei, R., & Chan, A. P. (2018). Stakeholders’ perspectives on the success criteria for public-private partnership projects. International Journal of Strategic Property Management, 22(2), 131-142. https://doi.org/10.3846/ijspm.2018.444
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Copyright (c) 2018 The Author(s). Published by Vilnius Gediminas Technical University.
This work is licensed under a Creative Commons Attribution 4.0 International License.
References
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Chan, A. P. C., Lam, P. T., Chan, D. W., Cheung, E., & Ke, Y. (2010a). Critical success factors for PPPs in infrastructure developments: Chinese perspective. Journal of Construction Engineering and Management, 136(5), 484-494. <a href= "https://doi.org/10.1061/(ASCE)CO.1943-7862.0000152" target="_blank" rel="noopener"> https://doi.org/10.1061/(ASCE)CO.1943-7862.0000152</a>
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Cox, R. F., Issa, R. R., & Ahrens, D. (2003). Management’s perception of key performance indicators for construction. Journal of Construction Engineering and Management, 129(2), 142-151. <a href= "https://doi.org/10.1061/(ASCE)0733-9364(2003)129:2(142)" target="_blank" rel="noopener"> https://doi.org/10.1061/(ASCE)0733-9364(2003)129:2(142)</a>
Cserháti, G., & Szabó, L. (2014). The relationship between success criteria and success factors in organisational event projects. International Journal of Project Management, 32(4), 613-624. <a href= "https://doi.org/10.1016/j.ijproman.2013.08.008" target="_blank" rel="noopener"> https://doi.org/10.1016/j.ijproman.2013.08.008</a>
Davis, K. (2014). Different stakeholder groups and their perceptions of project success. International Journal of Project Management, 32(2), 189-201. <a href= "https://doi.org/10.1016/j.ijproman.2013.02.006" target="_blank" rel="noopener"> https://doi.org/10.1016/j.ijproman.2013.02.006</a>
Davis, K. (2016). A method to measure success dimensions relating to individual stakeholder groups. International Journal of Project Management, 34(3), 480-493. <a href= "https://doi.org/10.1016/j.ijproman.2015.12.009" target="_blank" rel="noopener"> https://doi.org/10.1016/j.ijproman.2015.12.009</a>
Dixon, T., Pottinger, G., & Jordan, A. (2005). Lessons from the private finance initiative in the UK: benefits, problems and critical success factors. Journal of Property Investment and Finance, 23(5), 412-423. <a href= "https://doi.org/10.1108/14635780510616016" target="_blank" rel="noopener"> https://doi.org/10.1108/14635780510616016</a>
Dulaimi, M. F., Alhashemi, M., Ling, F. Y. Y., & Kumaraswamy, M. (2010). The execution of public–private partnership projects in the UAE. Construction Management and Economics, 28(4), 393-402. <a href= "https://doi.org/10.1080/01446191003702492" target="_blank" rel="noopener"> https://doi.org/10.1080/01446191003702492</a>
Elattar, S. M. S. (2009). Towards developing an improved methodology for evaluating performance and achieving success in construction projects. Scientific Research and Essays, 4(6), 549-554.
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2018-03-23
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Osei-Kyei, R., & Chan, A. P. (2018). Stakeholders’ perspectives on the success criteria for public-private partnership projects. International Journal of Strategic Property Management, 22(2), 131-142. https://doi.org/10.3846/ijspm.2018.444