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(PDF) ALTERNATIVE METHODOLOGY FOR MANAGING RISK ASSOCIATED TO PUBLIC PRIVATE PARTNERSHIPS FOR TRANPORT INFRASTRUCTURE PROJECTS | Dieter Goebel - Academia.edu
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This type of investment includes high sunk costs that can significantly affect the returns on investment. The usual approach to risk management in such ventures is to analyse each risk and the measures to mitigate it individually and subsequently evaluate the joint set. As risks are interdependent and interact they ought be approached and understood in a systemic perspective. The article proposes a methodological approach that considers the entire set of risks from the outset. After identifying risks and the details of their inter-dependence along the risk chains it becomes feasible to distribute them more efficiently among the partners and monitor them. It is possible to foresee which of them is liable to have the greatest impacts on the project and act to minimise negative impacts on the final results of the infrastructure project.","grobid_abstract_attachment_id":"33618790"},"document_type":"paper","pre_hit_view_count_baseline":null,"quality":"high","language":"en","title":"ALTERNATIVE METHODOLOGY FOR MANAGING RISK ASSOCIATED TO PUBLIC PRIVATE PARTNERSHIPS FOR TRANPORT INFRASTRUCTURE PROJECTS","broadcastable":true,"draft":null,"has_indexable_attachment":true,"indexable":true}}["work"]; window.loswp.workCoauthors = [11747310]; window.loswp.locale = "en"; window.loswp.countryCode = "SG"; window.loswp.cwvAbTestBucket = ""; window.loswp.designVariant = "ds_vanilla"; window.loswp.fullPageMobileSutdModalVariant = "full_page_mobile_sutd_modal"; window.loswp.useOptimizedScribd4genScript = false; window.loswp.appleClientId = 'edu.academia.applesignon';</script><script defer="" src="https://accounts.google.com/gsi/client"></script><div class="ds-loswp-container"><div class="ds-work-card--grid-container"><div class="ds-work-card--container js-loswp-work-card"><div class="ds-work-card--cover"><div class="ds-work-cover--wrapper"><div class="ds-work-cover--container"><button class="ds-work-cover--clickable js-swp-download-button" data-signup-modal="{"location":"swp-splash-paper-cover","attachmentId":33618790,"attachmentType":"pdf"}"><img alt="First page of “ALTERNATIVE METHODOLOGY FOR MANAGING RISK ASSOCIATED TO PUBLIC PRIVATE PARTNERSHIPS FOR TRANPORT INFRASTRUCTURE PROJECTS”" class="ds-work-cover--cover-thumbnail" src="https://0.academia-photos.com/attachment_thumbnails/33618790/mini_magick20190330-3929-1jie7vs.png?1554014380" /><img alt="PDF Icon" class="ds-work-cover--file-icon" src="//a.academia-assets.com/assets/single_work_splash/adobe.icon-574afd46eb6b03a77a153a647fb47e30546f9215c0ee6a25df597a779717f9ef.svg" /><div class="ds-work-cover--hover-container"><span class="material-symbols-outlined" style="font-size: 20px" translate="no">download</span><p>Download Free PDF</p></div><div class="ds-work-cover--ribbon-container">Download Free PDF</div><div class="ds-work-cover--ribbon-triangle"></div></button></div></div></div><div class="ds-work-card--work-information"><h1 class="ds-work-card--work-title">ALTERNATIVE METHODOLOGY FOR MANAGING RISK ASSOCIATED TO PUBLIC PRIVATE PARTNERSHIPS FOR TRANPORT INFRASTRUCTURE PROJECTS</h1><div class="ds-work-card--work-authors ds-work-card--detail"><a class="ds-work-card--author js-wsj-grid-card-author ds2-5-body-md ds2-5-body-link" data-author-id="11747310" href="https://independent.academia.edu/DGoebel"><img alt="Profile image of Dieter Goebel" class="ds-work-card--author-avatar" src="//a.academia-assets.com/images/s65_no_pic.png" />Dieter Goebel</a></div><div class="ds-work-card--detail"><div class="ds-work-card--work-metadata"><div class="ds-work-card--work-metadata__stat"><span class="material-symbols-outlined" style="font-size: 20px" translate="no">visibility</span><p class="ds2-5-body-sm" id="work-metadata-view-count">…</p></div><div class="ds-work-card--work-metadata__stat"><span class="material-symbols-outlined" style="font-size: 20px" translate="no">description</span><p class="ds2-5-body-sm">9 pages</p></div><div class="ds-work-card--work-metadata__stat"><span class="material-symbols-outlined" style="font-size: 20px" translate="no">link</span><p class="ds2-5-body-sm">1 file</p></div></div><script>(async () => { const workId = 6949248; 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This growth has resulted in the need for well established Infrastructure development and investment. Strong Infrastructure facilities form the backbone on nation's economy. However the ability of the current Infrastructure sectors to keep up with the fast expansion has been constrained by the availability of investment. Indian Government has shown keen interest on improving the standards of its Infrastructure sectors by promoting active participation of private involvement in many large scale Infrastructure projects. Public Private Partnership are increasingly becoming the preferred mode for construction and operation of commercially viable Infrastructure projects by effective combination of private and public investment. Interviews were conducted to investigate the risk in such projects. The data collected are analyzed with SPSS software. A fuzzy logic model is developed and validated to quantify the risk occurring in infrastructure projects under public private partnerships. This model will provide the concessionaire and the government authority about the detailed analysis of risk in such infrastructure projects; finally some recommendations and suggestions will be given to the construction industry.</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{"location":"wsj-grid-card-download-pdf-modal","work_title":"RISK ANALYSIS OF INFRASTRUCTURE PROJECTS UNDER PUBLIC PRIVATE PARTNERSHIPS","attachmentId":47693642,"attachmentType":"pdf","work_url":"https://www.academia.edu/27435853/RISK_ANALYSIS_OF_INFRASTRUCTURE_PROJECTS_UNDER_PUBLIC_PRIVATE_PARTNERSHIPS","alternativeTracking":true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-wsj-grid-card-view-pdf" href="https://www.academia.edu/27435853/RISK_ANALYSIS_OF_INFRASTRUCTURE_PROJECTS_UNDER_PUBLIC_PRIVATE_PARTNERSHIPS"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-wsj-grid-card" data-collection-position="1" data-entity-id="1057764" data-sort-order="default"><a class="ds-related-work--title js-wsj-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/1057764/Evaluating_the_risks_of_public_private_partnerships_for_infrastructure_projects">Evaluating the risks of public private partnerships for infrastructure projects</a><div class="ds-related-work--metadata"><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="901083" href="https://independent.academia.edu/MedgatOlzhayev">Medgat Olzhayev</a></div><p class="ds-related-work--metadata ds2-5-body-xs">International Journal of Project Management, 2002</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{"location":"wsj-grid-card-download-pdf-modal","work_title":"Evaluating the risks of public private partnerships for infrastructure projects","attachmentId":6471665,"attachmentType":"pdf","work_url":"https://www.academia.edu/1057764/Evaluating_the_risks_of_public_private_partnerships_for_infrastructure_projects","alternativeTracking":true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-wsj-grid-card-view-pdf" href="https://www.academia.edu/1057764/Evaluating_the_risks_of_public_private_partnerships_for_infrastructure_projects"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-wsj-grid-card" data-collection-position="2" data-entity-id="50742229" data-sort-order="default"><a class="ds-related-work--title js-wsj-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/50742229/Optimizing_Investment_Selection_for_PPP_Framework_in_the_Transport_Sector_A_Risk_Perspective">Optimizing Investment Selection for PPP Framework in the Transport Sector: A Risk Perspective</a><div class="ds-related-work--metadata"><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="13473331" href="https://independent.academia.edu/KevinNelson2">Horizon Research Publishing(HRPUB) Kevin Nelson</a></div><p class="ds-related-work--metadata ds2-5-body-xs">Civil Engineering and Architecture, 2021</p><p class="ds-related-work--abstract ds2-5-body-sm">The huge financial requirement of essential transport infrastructure system has challenged the availability of government funding. To fill the fiscal gap, public-private partnerships (PPP) framework has been applied as a promising mechanism. The success of PPP projects, however, is significantly influenced by a number of critical factors. Therefore, an optimum and comprehensive evaluation of projects, reflecting critical risks, supporting investment decisions, has been highly demanded by both the public and private sector. Various works, in previous studies, have been spreading scientific models assessing risks in the construction industry, and some of them focused on the area of PPP. However, the majority of published methods just concentrated on addressing and leveling risks, and there is a lack of application in evaluating and comparing different PPP projects, as investment options, with regards to key issues. Hence, in the situation of limited budget, the public and private partners may struggle with deciding the most potential alternative. To overcome this real-world challenge, this paper, by proposing a mathematical model, attempts to optimize investment selection by evaluating different projects' riskiness with the focus on transport projects. Different actual PPP transport projects in Vietnam were employed as case studies to analyze the practicality of the proposed application.</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{"location":"wsj-grid-card-download-pdf-modal","work_title":"Optimizing Investment Selection for PPP Framework in the Transport Sector: A Risk Perspective","attachmentId":68613711,"attachmentType":"pdf","work_url":"https://www.academia.edu/50742229/Optimizing_Investment_Selection_for_PPP_Framework_in_the_Transport_Sector_A_Risk_Perspective","alternativeTracking":true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-wsj-grid-card-view-pdf" href="https://www.academia.edu/50742229/Optimizing_Investment_Selection_for_PPP_Framework_in_the_Transport_Sector_A_Risk_Perspective"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-wsj-grid-card" data-collection-position="3" data-entity-id="100851956" data-sort-order="default"><a class="ds-related-work--title js-wsj-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/100851956/Operational_Risk_Management_of_Public_Private_Partnership_Infrastructure_Projects_A_Bibliometric_Literature_Review">Operational Risk Management of Public–Private Partnership Infrastructure Projects: A Bibliometric Literature Review</a><div class="ds-related-work--metadata"><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="55256159" href="https://independent.academia.edu/IgorMartek">Igor Martek</a></div><p class="ds-related-work--metadata ds2-5-body-xs">Buildings, 2022</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{"location":"wsj-grid-card-download-pdf-modal","work_title":"Operational Risk Management of Public–Private Partnership Infrastructure Projects: A Bibliometric Literature Review","attachmentId":101555973,"attachmentType":"pdf","work_url":"https://www.academia.edu/100851956/Operational_Risk_Management_of_Public_Private_Partnership_Infrastructure_Projects_A_Bibliometric_Literature_Review","alternativeTracking":true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-wsj-grid-card-view-pdf" href="https://www.academia.edu/100851956/Operational_Risk_Management_of_Public_Private_Partnership_Infrastructure_Projects_A_Bibliometric_Literature_Review"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-wsj-grid-card" data-collection-position="4" data-entity-id="53047670" data-sort-order="default"><a class="ds-related-work--title js-wsj-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/53047670/Risk_Allocation_in_Public_Private_Partnership_Infrastructure_Projects_Comparative_Study">Risk Allocation in Public-Private Partnership Infrastructure Projects: Comparative Study</a><div class="ds-related-work--metadata"><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="54086299" href="https://independent.academia.edu/%E7%8E%8B%E5%AE%88%E6%B8%85">Shou Qing Wang</a></div><p class="ds-related-work--metadata ds2-5-body-xs">Journal of Infrastructure Systems, 2010</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{"location":"wsj-grid-card-download-pdf-modal","work_title":"Risk Allocation in Public-Private Partnership Infrastructure Projects: Comparative Study","attachmentId":70015226,"attachmentType":"pdf","work_url":"https://www.academia.edu/53047670/Risk_Allocation_in_Public_Private_Partnership_Infrastructure_Projects_Comparative_Study","alternativeTracking":true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-wsj-grid-card-view-pdf" href="https://www.academia.edu/53047670/Risk_Allocation_in_Public_Private_Partnership_Infrastructure_Projects_Comparative_Study"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-wsj-grid-card" data-collection-position="5" data-entity-id="104316850" data-sort-order="default"><a class="ds-related-work--title js-wsj-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/104316850/Risk_management_governance_and_financing_issues_in_Public_Private_Partnerships_Transport_projects">Risk management, governance and financing issues in Public Private Partnerships – Transport projects</a><div class="ds-related-work--metadata"><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="242875134" href="https://independent.academia.edu/AzlinaIsmail20">Azlina Ismail</a></div><p class="ds-related-work--metadata ds2-5-body-xs">2017</p><p class="ds-related-work--abstract ds2-5-body-sm">This paper discusses issues related to risk management, governance, and financing of public-private partnerships transportation projects. The allocation of risks and the requirements for ownership and equity provision were examined through analysis of a range of contracts. Lessons learnt from a series of Australia’s public-private partnerships transportation projects are also presented. The results showed that from the perspective of risk allocation, the arrangements were consistent among the projects. Some fluctuations, however, were observed in terms of equity provision. Initially, the contracts were developed based on the private sector taking full traffic demand risk and promising outcomes led to revenue sharing clauses being introduced. Consequently, overoptimistic demand forecasts resulted in the market rejecting the acceptance of traffic demand risk. The paper also presents the variation between the case study projects in terms of excess revenue sharing. The analysis also sug...</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{"location":"wsj-grid-card-download-pdf-modal","work_title":"Risk management, governance and financing issues in Public Private Partnerships – Transport projects","attachmentId":104079800,"attachmentType":"pdf","work_url":"https://www.academia.edu/104316850/Risk_management_governance_and_financing_issues_in_Public_Private_Partnerships_Transport_projects","alternativeTracking":true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-wsj-grid-card-view-pdf" href="https://www.academia.edu/104316850/Risk_management_governance_and_financing_issues_in_Public_Private_Partnerships_Transport_projects"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-wsj-grid-card" data-collection-position="6" data-entity-id="88262786" data-sort-order="default"><a class="ds-related-work--title js-wsj-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/88262786/Risks_in_Public_and_Private_Partnership_Projects_Identification_and_Prioritization">Risks in Public and Private Partnership Projects -Identification and Prioritization</a><div class="ds-related-work--metadata"><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="31493941" href="https://irjet.academia.edu/IRJET">IRJET Journal</a></div><p class="ds-related-work--metadata ds2-5-body-xs">IRJET, 2022</p><p class="ds-related-work--abstract ds2-5-body-sm">Infrastructure is an important sector which contributes to the growth of overall development of the nation. Recently, Public Private Partnerships (PPP) has become the key factor to facilitate this development. Due to long concession periods and large investments, the risk management plays a crucial role in these types of projects. This thesis deals with the risk quantification and risk allocation of PPP projects using a fuzzy based questionnaire survey. Fuzzy logic can express and handle vague or imprecise judgments mathematically and therefore can effectively deal with errors due to human subjectivity. 20 risk factors in PPP projects are summarized from a comprehensive literature review. Interdependencies among the main risk factors affecting PPP projects are assessed using fuzzy Decision-Making Trial and Evaluation Laboratory (DEMATEL) approach. Sub risk factors are prioritized using a fuzzy hybrid method involving fuzzy Failure Mode and Effect Analysis (FMEA) and fuzzy Analytic Hierarchy Process (AHP) method. The obtained results have shown that approvals and permits, construction cost overrun, construction time overrun and land acquisition risks are the key risks affecting PPP projects.</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{"location":"wsj-grid-card-download-pdf-modal","work_title":"Risks in Public and Private Partnership Projects -Identification and Prioritization","attachmentId":92268737,"attachmentType":"pdf","work_url":"https://www.academia.edu/88262786/Risks_in_Public_and_Private_Partnership_Projects_Identification_and_Prioritization","alternativeTracking":true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-wsj-grid-card-view-pdf" href="https://www.academia.edu/88262786/Risks_in_Public_and_Private_Partnership_Projects_Identification_and_Prioritization"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-wsj-grid-card" data-collection-position="7" data-entity-id="54505827" data-sort-order="default"><a class="ds-related-work--title js-wsj-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/54505827/A_New_Type_of_Risk_in_Infrastructure_Projects">A New Type of Risk in Infrastructure Projects</a><div class="ds-related-work--metadata"><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="46056835" href="https://independent.academia.edu/MihneaCraciun">Mihnea Craciun</a></div><p class="ds-related-work--metadata ds2-5-body-xs">Modern Economy, 2011</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{"location":"wsj-grid-card-download-pdf-modal","work_title":"A New Type of Risk in Infrastructure Projects","attachmentId":70836487,"attachmentType":"pdf","work_url":"https://www.academia.edu/54505827/A_New_Type_of_Risk_in_Infrastructure_Projects","alternativeTracking":true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-wsj-grid-card-view-pdf" href="https://www.academia.edu/54505827/A_New_Type_of_Risk_in_Infrastructure_Projects"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-wsj-grid-card" data-collection-position="8" data-entity-id="89483591" data-sort-order="default"><a class="ds-related-work--title js-wsj-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/89483591/Identifying_measures_of_effective_risk_management_for_public_private_partnership_infrastructure_projects_in_developing_countries">Identifying measures of effective risk management for public–private partnership infrastructure projects in developing countries</a><div class="ds-related-work--metadata"><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="1024741" href="https://nust.academia.edu/HafizZahoor">Hafiz Zahoor</a><span>, </span><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="53808836" href="https://independent.academia.edu/AlbertChan15">Albert Chan</a></div><p class="ds-related-work--metadata ds2-5-body-xs">Sustainability, 2022</p><p class="ds-related-work--abstract ds2-5-body-sm">The inadequate risk management of public-private partnership (PPP) projects is a principal cause of project distress or failure. This research seeks to identify and empirically validate measures of effective risk management (ERM) in the context of PPPs in a developing country, a subject that has received scant attention in the extant literature. The research is based on a comprehensive literature review, expert interviews and a questionnaire survey. Mean score ranking and factor analysis were employed to rank and group the identified measures, respectively. Tests were performed to determine the respondents' agreement and establish the reliability and validity of the survey instrument. Analysis results indicate that all identified measures are important, are distributed over the entire project's life cycle and exhibit a multi-organizational focus. The most significant measures focus on PPP-specific artifacts and procurement activities that are vital for ERM. Factor analysis established six critical underlying dimensions for the ERM of PPP projects. The extracted factors generally acknowledge the need for expert public-and private-sector project stakeholders with mature organizational structures, business processes and relevant experience to successfully handle and deliver PPP projects. Furthermore, a comprehensive PPP policy and sound legal and regulatory frameworks are essential for supporting the ERM of PPP projects. The findings will enable a better understanding of factors that influence the quality and outcomes of risk management efforts and promote sustainable infrastructure development via PPPs, where the success of a project strongly relies on positively managing a project's risks in the economic and the social domains. https://www.mdpi.com/2071-1050/14/21/14149</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{"location":"wsj-grid-card-download-pdf-modal","work_title":"Identifying measures of effective risk management for public–private partnership infrastructure projects in developing countries","attachmentId":93280959,"attachmentType":"pdf","work_url":"https://www.academia.edu/89483591/Identifying_measures_of_effective_risk_management_for_public_private_partnership_infrastructure_projects_in_developing_countries","alternativeTracking":true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-wsj-grid-card-view-pdf" href="https://www.academia.edu/89483591/Identifying_measures_of_effective_risk_management_for_public_private_partnership_infrastructure_projects_in_developing_countries"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-wsj-grid-card" data-collection-position="9" data-entity-id="44333980" data-sort-order="default"><a class="ds-related-work--title js-wsj-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/44333980/IRJET_RISK_MANAGEMENT_IN_PUBLIC_PRIVATE_PARTNERSHIP_PROJECT">IRJET- RISK MANAGEMENT IN PUBLIC PRIVATE PARTNERSHIP PROJECT</a><div class="ds-related-work--metadata"><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="31493941" href="https://irjet.academia.edu/IRJET">IRJET Journal</a></div><p class="ds-related-work--metadata ds2-5-body-xs">IRJET, 2020</p><p class="ds-related-work--abstract ds2-5-body-sm">A contract agreement is mandatory for all construction projects it is also important in public and private sectors for establish effective risk allocation strategies in Public-Private Partnership (PPP) projects. The Public private partnership infrastructure projects that leads to the value for money and balance of interests between public and end users. The Public private partnership project arrangements have been used in huge sectors such as transport, technology, water, prisons, health, welfare, and urban regeneration. On an average around 26 percent of construction projects are failed or delayed due to risks in construction contracts. There is no proper framework for managing risks in contracts. This paper found that properly assessing risk. The following risk are (planning and designing risk, construction risk, financial risk, environmental risk and political risk) for a successful Public private partnership project, risks should be managed carefully, this study focused on the managing risk in PPP relations between public and private entities to achieve success in PPP projects. The major objective of this research is analysis the risk using SPSS analysis software and provide effective risk mitigation measures for major risk occurred in PPP project.</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{"location":"wsj-grid-card-download-pdf-modal","work_title":"IRJET- RISK MANAGEMENT IN PUBLIC PRIVATE PARTNERSHIP PROJECT","attachmentId":64723986,"attachmentType":"pdf","work_url":"https://www.academia.edu/44333980/IRJET_RISK_MANAGEMENT_IN_PUBLIC_PRIVATE_PARTNERSHIP_PROJECT","alternativeTracking":true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-wsj-grid-card-view-pdf" href="https://www.academia.edu/44333980/IRJET_RISK_MANAGEMENT_IN_PUBLIC_PRIVATE_PARTNERSHIP_PROJECT"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div></div></div><div class="ds-sticky-ctas--wrapper js-loswp-sticky-ctas hidden"><div class="ds-sticky-ctas--grid-container"><div class="ds-sticky-ctas--container"><button class="ds2-5-button js-swp-download-button" data-signup-modal="{"location":"continue-reading-button--sticky-ctas","attachmentId":33618790,"attachmentType":"pdf","workUrl":null}">See full PDF</button><button class="ds2-5-button ds2-5-button--secondary js-swp-download-button" data-signup-modal="{"location":"download-pdf-button--sticky-ctas","attachmentId":33618790,"attachmentType":"pdf","workUrl":null}"><span class="material-symbols-outlined" style="font-size: 20px" translate="no">download</span>Download PDF</button></div></div></div><div class="ds-below-fold--grid-container"><div class="ds-work--container js-loswp-embedded-document"><div class="attachment_preview" data-attachment="Attachment_33618790" style="display: none"><div class="js-scribd-document-container"><div class="scribd--document-loading js-scribd-document-loader" style="display: block;"><img alt="Loading..." src="//a.academia-assets.com/images/loaders/paper-load.gif" /><p>Loading Preview</p></div></div><div style="text-align: center;"><div class="scribd--no-preview-alert js-preview-unavailable"><p>Sorry, preview is currently unavailable. You can download the paper by clicking the button above.</p></div></div></div></div><div class="ds-sidebar--container js-work-sidebar"><div class="ds-related-content--container"><h2 class="ds-related-content--heading">Related papers</h2><div class="ds-related-work--container js-related-work-sidebar-card" data-collection-position="0" data-entity-id="74165882" data-sort-order="default"><a class="ds-related-work--title js-related-work-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/74165882/Risk_Mapping_in_Public_Private_Partnership_Projects">Risk Mapping in Public Private Partnership Projects</a><div class="ds-related-work--metadata"><a class="js-related-work-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="2644330" href="https://liverpool.academia.edu/SalehAlzahrani">Saleh Alzahrani</a></div><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{"location":"wsj-grid-card-download-pdf-modal","work_title":"Risk Mapping in Public Private Partnership Projects","attachmentId":83666530,"attachmentType":"pdf","work_url":"https://www.academia.edu/74165882/Risk_Mapping_in_Public_Private_Partnership_Projects","alternativeTracking":true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-related-work-grid-card-view-pdf" href="https://www.academia.edu/74165882/Risk_Mapping_in_Public_Private_Partnership_Projects"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-related-work-sidebar-card" data-collection-position="1" data-entity-id="14383550" data-sort-order="default"><a class="ds-related-work--title js-related-work-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/14383550/Risk_Analysis_in_Transport_Infrastructure_Concession_Project_Funding_The_Case_of_Thessaloniki_Submerged_Highway_Project">Risk Analysis in Transport Infrastructure Concession Project Funding: The Case of Thessaloniki Submerged Highway Project</a><div class="ds-related-work--metadata"><a class="js-related-work-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="33375498" href="https://auth.academia.edu/PapaioannouPanagiotis">Papaioannou Panagiotis</a><span>, </span><a class="js-related-work-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="38725487" href="https://auth.academia.edu/Papaioannou">P. 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ME A New Type of Risk in Infrastructure Projects</a><div class="ds-related-work--metadata"><a class="js-related-work-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="46056835" href="https://independent.academia.edu/MihneaCraciun">Mihnea Craciun</a></div><p class="ds-related-work--metadata ds2-5-body-xs">2011</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{"location":"wsj-grid-card-download-pdf-modal","work_title":"Copyright © 2011 SciRes. 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success","attachmentId":91529615,"attachmentType":"pdf","work_url":"https://www.academia.edu/87274157/Risk_assessment_framework_of_PPP_megaprojects_focusing_on_risk_interaction_and_project_success","alternativeTracking":true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-related-work-grid-card-view-pdf" href="https://www.academia.edu/87274157/Risk_assessment_framework_of_PPP_megaprojects_focusing_on_risk_interaction_and_project_success"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-related-work-sidebar-card" data-collection-position="5" data-entity-id="43874827" data-sort-order="default"><a class="ds-related-work--title js-related-work-grid-card-title 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