Abstract
The public-private partnership mechanism brings together different organizations in the process of project implementation, the initial goals of which may not coincide, which reduces the possibility of achieving the maximum value of the project. Therefore, the strategic context of agreeing on the common goal of the partnership between the public and private sectors is fundamental to its viability. In this article, the authors describe the process of goal-setting for PPP projects and present a model for setting goals and negotiations in PPP projects. Authors consider that the agreement on a common goal should be achieved in the process of negotiations between the participants, taking into account the interests of each party and ensuring the necessary combination of private and public interests to justify the performance indicators of PPP. Purpose. Determine the optimal mechanism for coordinating the interests of the parties participating in public-private partnership projects in the process of setting a common goal for the project. Materials and methods. The results of the analysis of the works of both domestic and foreign scientists, specialists in the field of development and implementation of public-private partnership projects are used as the theoretical and methodological basis of the study. In the process of conducting the study, general and special methods of scientific knowledge were used, including a systems approach, grouping and classification. Results. The article presents a general mechanism and principles of goal-setting in the development of public-private partnership projects, the use of which contributes to the achievement of key project indicators and the implementation of the interests of all parties involved in it. The independent variables described in the work, influencing goal setting and negotiations in PPP projects, provide the basis for making decisions on financing PPP projects. Practical implications. The main results of the study may be of interest to both theoretical scientists and practitioners involved in the development and implementation of public-private partnership projects, as well as assessing their effectiveness.
Published Version
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have