Please use this identifier to cite or link to this item: https://doi.org/10.1016/j.ijproman.2012.08.003
Title: Public private partnership projects in Singapore: Factors, critical risks and preferred risk allocation from the perspective of contractors
Authors: Hwang, B. 
Zhao, X.
Gay, M.J.S.
Keywords: Attractiveness
Critical success factors
Public private partnership
Risk allocation
Risk criticality
Issue Date: 2013
Source: Hwang, B., Zhao, X., Gay, M.J.S. (2013). Public private partnership projects in Singapore: Factors, critical risks and preferred risk allocation from the perspective of contractors. International Journal of Project Management 31 (3) : 424-433. ScholarBank@NUS Repository. https://doi.org/10.1016/j.ijproman.2012.08.003
Abstract: Public private partnership (PPP) procurement was introduced into Singapore in 2003, and 10 PPP projects were successfully completed and have been in operation. This study aims to examine the critical success factors as well as the relative importance of positive and negative factors influencing the attractiveness of PPP projects in Singapore, and to identify the critical risk factors and preferred risk allocations for PPP projects in Singapore. The questionnaire survey results indicated that negative factors were more affirmative than the positive factors, and that 23 risk factors had significant criticalities. Eight risks would be preferably allocated to the public sector while 19 risks could be assigned to the private sector. 11 risks were preferred to be shared by both parties and the allocation of four risks depended on project circumstances. The findings of this study provide valuable information for organizations that intend to participate in PPP projects in Singapore. © 2012 Elsevier Ltd and IPMA.
Source Title: International Journal of Project Management
URI: http://scholarbank.nus.edu.sg/handle/10635/45810
ISSN: 02637863
DOI: 10.1016/j.ijproman.2012.08.003
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