Identification of critical success factors for public–private partnership projects

Abstract

Public–private partnership (PPP) is one of the popular mechanisms for the development of infrastructure worldwide; governments across the globe are engaged in discovering a range of PPP policies and strategies for growth of infrastructure. The growth of infrastructure is imperative of the sustainable development of an economy. Therefore, it is pertinent to identify key success factors for the development of infrastructure through PPP model. The current paper aims to explore significant factors for successful execution and completion of PPP projects in infrastructure. A total of 517 employees who had hand‐on experience on PPP projects located in India were interviewed through a structured questionnaire. Exploratory factor analysis yielded 14 components as a significant factor for the success of PPP in infrastructure. This study highlights that the development of infrastructure would be rapid through PPP if government considers these factors in the implementation phase.

Relationship Between Critical Success Factors for Public Private Partnership (Ppp) and Sustainable PPP Project Performance

“…Consequently, this study has proven a positive and significant relationship between CSFs for PPP and sustainable PPP project performance. The results of this study are in line with findings of Helmy et al (2020), Sehgal and Dubey (2019), Pacagnella et al (2019), Luthra, Garg, andHaleem (2016). In this connection, study findings also showed a positive and significant correlation between political and sustainable PPP project performance that aligns study outcomes of Helmy et al (2020), Opawole et al (2019), as well as Koops et al (2017) who have investigated and validated the desired relationship of political factor with project performance and project development and success.…”

Performance evaluation of Indian banks using feature selection data envelopment analysis: A machine learning perspective

“…Feature importance is calculated using Relief algorithm (an FS method) on the 100 features given in Table 8. The weight of each feature based on their importance with the status of the bank (failed or survived) is listed in Table 9 (Sehgal & Dubey, 2019).…”

Management of National eID Infrastructure as a State-Critical Asset and Public-Private Partnership: Learning from the Case of Estonia

“…Jacobson and Ok (2008) conducted a general study about PPP and public works in which they define ten success factors that affect the collaboration: "specific plan/vision, commitment, open communication and trust, willingness to compromise/collaborate, respect, community outreach, political support, expert advice and review, risk awareness, and clear roles and responsibilities" (Jacobson & Ok, 2008). Sehgal and Dubey (2019) studied PPP project success factors in the literature and identified fourteen significant components including "long lasting macroeconomic environment, mutual understanding between two sectors, ethical and expeditious procurement process, socio-political aspects, government involvement and interference, relationship management, institutional factors, project planning" (Sehgal & Dubey, 2019). Ismail (2013) conducted a case study of Malaysia and identified five main success factors, i.e.…”

“…Public-private partnership (PPP) is common in the development and maintenance of nationally important infrastructure components (Sehgal & Dubey, 2019). Wellknown examples of critical infrastructure are energy supply, transportation, food supply, water supply, healthcare (Filiol & Gallais, 2014), financial systems, civil administration, transportation systems, chemical industry (Alcaraz & Zeadally, 2015), and -last but not least -information and communications technologies (ICT).…”