Abstract
ABSTRACTPublic-Private Partnership (PPP) projects success is the ultimate goal of practitioners and government organizations. In this regard, the last decade has seen considerable research into the critical success factors (CSFs) for PPP projects. However, a very important subject which has received very little attention in the normative literature is the success criteria for PPP projects. This paper examines the general perception of purposively sampled international PPP experts on a set of 15 PPP projects success criteria derived from literature. The survey results show that all the success criteria are critical; however seven are very critical. These include: effective risk management; meeting output specifications; reliable and quality service operations; adherence to time; satisfying the need for public facility/service; long-term relationship and partnership; and profitability. The findings of this study are impactful because they inform practitioners on the key measures to consider when evaluating ...
Highlights
In recent times, the public-private partnership (PPP) concept has gained considerable attention among governments in both developed and developing countries (Cheung et al 2012)
This paper explores the critical success criteria for Private Partnership (PPP) projects based on an empirical questionnaire survey geared towards targeted international PPP experts
The Cronbach’s alpha value for the set of 15 success criteria for PPP projects is 0.781, which is within the acceptable range (George, Mallery 2003)
Summary
The public-private partnership (PPP) concept has gained considerable attention among governments in both developed and developing countries (Cheung et al 2012). Despite the enthusiasm from the public and private sectors, there has been a slow progress in the implementation of the PPP policy as well as an increased number of failed or distressed projects in countries in the developing regions For PPP projects, it would be very challenging for practitioners to appropriately establish whether an implemented project has been successful or not (Chan et al 2002; Al-Tmeemy et al 2011). A thorough discussion and empirical work on the critical success criteria for PPP projects is required in order to complement and further expand both practitioners and researchers understanding of the ways of delivering successful PPP projects
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