Abstract
The necessary skill sets that public-private partnership (PPP) stakeholders bring together are recognised as being paramount to the success of any PPP project. From preliminary research findings it is clear that there is a strong bias towards business-oriented rather than service-oriented by the special purpose vehicle (SPV) organisation. This paper examines the sets required to ensure the effective delivery and implementation of the private sector–led PPP project with respect to the SPV organisation in order to deliver value for money (VfM). A comprehensive literature review was conducted to establish the various needed by the SPV organisation for the successful delivery of PPP infrastructure projects to form the basis of the research questionnaire. Questionnaire survey data obtained from a purposive sample of 48 public and private PPP stakeholders in Peninsular Malaysia was analysed using SPSS v18 to establish the relative importance of the various skill sets. The findings indicate legal and contracting knowledge to be the most important and conceptual skills as the least important skill for the SPV organisation in PPP project implementation. The findings also indicated that there is a significant difference in the perception of public and private PPP stakeholders with respect to the importance of the ability to clearly define technical and output specifications and standards for services to be procured, implying less importance given by the private sector with regard to this skill. Drawing on the understanding that skill sets are critical denominators of the organisational structure, this research is expected to influence the development of appropriate guidelines for prioritisation in the organisation of SPVs and the effective management of PPP concession projects.
Highlights
Public-private partnerships (PPP) is a collaborative approach for delivering infrastructure facilities primarily involving the public and private sectors working in co-operation and partnership with each other (Harris, 2003)
The scope of services in PPP project is defined in the output specification, which identifies a clear and articulated guideline as regards to the services to be delivered by the PPP project, and provides the framework which incorporates the needs of the public sector client and the responsibilities of the private sector operator, i.e. the Special purpose vehicle (SPV) organisation (Robinson and Scott, 2009)
It is clear from various case studies that the lack of effective PPP skills by the SPV organisation led to the failure of several PPP projects
Summary
Christy Gomez and Muhammad Gambo more active involvement of private players in the delivery of public services (Chowdhury, Orr and Settel, 2009). The innovative form of project delivery in the form of PPP requires a set of PPPspecific skills to be possessed by the project stakeholders in order to enable the project to achieve its desired objectives in terms of efficiency and output It is noted in the Royal Institution of Chartered Surveyors (RICS) report on project management of PFI projects that there are skills shortcomings in PFI projects, with regard to management of the PFI projects and it is noted that people with PFI experience are in short supply (RICS, 2003). Evaluation of SPV Organisation Skill Sets Taxonomy undeniable that the innovative form of project delivery in the form of PPP requires a unique set of PPP-specific skills to be possessed by the project stakeholders in order to enable the project to achieve its desired objectives in terms of efficiency and output. Establish and prioritise goals and objectives of PPP and communicate these to the public
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