Conceptual framework for the performance measurement of public-private partnerships

Junxiao Liu, Peter E D Love, Peter R. Davis, Jim Smith, Michael Regan

Research output: Contribution to journalArticleResearchpeer-review

52 Citations (Scopus)

Abstract

Public-private partnerships (PPPs) have been used widely to deliver economic and social infrastructure projects. There has been widespread debate about the factors that contribute to their success and failure. Critical to their successful implementation is effective performance measurement of the projects. With this in mind, a comprehensive review of the normative literature in association with PPPs (e.g., critical success factors, roles of public sector, concessionaire selection, risk management, cost and time issues, and finance) is undertaken and a conceptual framework for dynamic life-cycle is proposed. The paper provides both public sector and private entities with an insight into effective and efficient performance measurement within the context of PPP infrastructure projects.

Original languageEnglish
Article number04014023
JournalJournal of Infrastructure Systems
Volume21
Issue number1
Early online date11 Mar 2014
DOIs
Publication statusPublished - 1 Mar 2015

Fingerprint

Finance
Risk management
Life cycle
Economics
Costs

Cite this

Liu, Junxiao ; Love, Peter E D ; Davis, Peter R. ; Smith, Jim ; Regan, Michael. / Conceptual framework for the performance measurement of public-private partnerships. In: Journal of Infrastructure Systems. 2015 ; Vol. 21, No. 1.
@article{d7b194680952457182f907a39e957fee,
title = "Conceptual framework for the performance measurement of public-private partnerships",
abstract = "Public-private partnerships (PPPs) have been used widely to deliver economic and social infrastructure projects. There has been widespread debate about the factors that contribute to their success and failure. Critical to their successful implementation is effective performance measurement of the projects. With this in mind, a comprehensive review of the normative literature in association with PPPs (e.g., critical success factors, roles of public sector, concessionaire selection, risk management, cost and time issues, and finance) is undertaken and a conceptual framework for dynamic life-cycle is proposed. The paper provides both public sector and private entities with an insight into effective and efficient performance measurement within the context of PPP infrastructure projects.",
author = "Junxiao Liu and Love, {Peter E D} and Davis, {Peter R.} and Jim Smith and Michael Regan",
year = "2015",
month = "3",
day = "1",
doi = "10.1061/(ASCE)IS.1943-555X.0000210",
language = "English",
volume = "21",
journal = "Journal of Infrastructure Systems",
issn = "1076-0342",
publisher = "American Society of Civil Engineers (ASCE)",
number = "1",

}

Conceptual framework for the performance measurement of public-private partnerships. / Liu, Junxiao; Love, Peter E D; Davis, Peter R.; Smith, Jim; Regan, Michael.

In: Journal of Infrastructure Systems, Vol. 21, No. 1, 04014023, 01.03.2015.

Research output: Contribution to journalArticleResearchpeer-review

TY - JOUR

T1 - Conceptual framework for the performance measurement of public-private partnerships

AU - Liu, Junxiao

AU - Love, Peter E D

AU - Davis, Peter R.

AU - Smith, Jim

AU - Regan, Michael

PY - 2015/3/1

Y1 - 2015/3/1

N2 - Public-private partnerships (PPPs) have been used widely to deliver economic and social infrastructure projects. There has been widespread debate about the factors that contribute to their success and failure. Critical to their successful implementation is effective performance measurement of the projects. With this in mind, a comprehensive review of the normative literature in association with PPPs (e.g., critical success factors, roles of public sector, concessionaire selection, risk management, cost and time issues, and finance) is undertaken and a conceptual framework for dynamic life-cycle is proposed. The paper provides both public sector and private entities with an insight into effective and efficient performance measurement within the context of PPP infrastructure projects.

AB - Public-private partnerships (PPPs) have been used widely to deliver economic and social infrastructure projects. There has been widespread debate about the factors that contribute to their success and failure. Critical to their successful implementation is effective performance measurement of the projects. With this in mind, a comprehensive review of the normative literature in association with PPPs (e.g., critical success factors, roles of public sector, concessionaire selection, risk management, cost and time issues, and finance) is undertaken and a conceptual framework for dynamic life-cycle is proposed. The paper provides both public sector and private entities with an insight into effective and efficient performance measurement within the context of PPP infrastructure projects.

UR - http://www.scopus.com/inward/record.url?scp=84923197834&partnerID=8YFLogxK

U2 - 10.1061/(ASCE)IS.1943-555X.0000210

DO - 10.1061/(ASCE)IS.1943-555X.0000210

M3 - Article

VL - 21

JO - Journal of Infrastructure Systems

JF - Journal of Infrastructure Systems

SN - 1076-0342

IS - 1

M1 - 04014023

ER -