Future proofing public-private partnerships: Moving from ex post evaluation to life-cycle performance measurement of assets

Junxiao Liu, Peter E D Love, Jim Smith, Michael C P Sing, Jane Matthews

Research output: Chapter in Book/Report/Conference proceedingConference contributionResearchpeer-review

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Abstract

Public-Private Partnerships (PPPs) have been widely used to procure infrastructure assets. However, PPPS are plagued with controversy as they have been the subject of cost/schedule overruns and/or unsatisfactory asset operations. An underlying issue contributing to poor performance of PPPs is the absence of effective performance measurement throughout their life cycle. In addressing this issue, this paper empirically develops a life-cycle performance measurement system for social infrastructure PPPs (e.g., hospitals/school/prison/stadium). It is proffered that governments and private sector entities can use the developed system as a mechanism to better manage the life-cycle performance of their assets and ensure they are 'future proofed'.
Original languageEnglish
Title of host publicationProceeding of PMA conference on performance measurement and management
Subtitle of host publicationNew theories for new practices
PublisherPerformance Management Association (PMA)
Pages1-19
Number of pages19
Publication statusPublished - 2016
Event10th Conference of the Performance Measurement Association: Performance Measurement & Management: New Theories for New Practices - Edinburgh, Edinburgh, United Kingdom
Duration: 26 Jun 201629 Jun 2016
Conference number: 10
http://www.pmaconference.co.uk/edinburgh2016.html

Conference

Conference10th Conference of the Performance Measurement Association
Abbreviated titlePMA 2016
CountryUnited Kingdom
CityEdinburgh
Period26/06/1629/06/16
Internet address

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Ex-post evaluation
Assets
Performance measurement
Life cycle
Public-private partnerships
Prison
Government
Private sector
Schedule
Costs
Stadium
Performance measurement system

Cite this

Liu, J., Love, P. E. D., Smith, J., Sing, M. C. P., & Matthews, J. (2016). Future proofing public-private partnerships: Moving from ex post evaluation to life-cycle performance measurement of assets. In Proceeding of PMA conference on performance measurement and management: New theories for new practices (pp. 1-19). Performance Management Association (PMA).
Liu, Junxiao ; Love, Peter E D ; Smith, Jim ; Sing, Michael C P ; Matthews, Jane. / Future proofing public-private partnerships: Moving from ex post evaluation to life-cycle performance measurement of assets. Proceeding of PMA conference on performance measurement and management: New theories for new practices. Performance Management Association (PMA), 2016. pp. 1-19
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abstract = "Public-Private Partnerships (PPPs) have been widely used to procure infrastructure assets. However, PPPS are plagued with controversy as they have been the subject of cost/schedule overruns and/or unsatisfactory asset operations. An underlying issue contributing to poor performance of PPPs is the absence of effective performance measurement throughout their life cycle. In addressing this issue, this paper empirically develops a life-cycle performance measurement system for social infrastructure PPPs (e.g., hospitals/school/prison/stadium). It is proffered that governments and private sector entities can use the developed system as a mechanism to better manage the life-cycle performance of their assets and ensure they are 'future proofed'.",
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Liu, J, Love, PED, Smith, J, Sing, MCP & Matthews, J 2016, Future proofing public-private partnerships: Moving from ex post evaluation to life-cycle performance measurement of assets. in Proceeding of PMA conference on performance measurement and management: New theories for new practices. Performance Management Association (PMA), pp. 1-19, 10th Conference of the Performance Measurement Association, Edinburgh, United Kingdom, 26/06/16.

Future proofing public-private partnerships: Moving from ex post evaluation to life-cycle performance measurement of assets. / Liu, Junxiao; Love, Peter E D; Smith, Jim ; Sing, Michael C P; Matthews, Jane.

Proceeding of PMA conference on performance measurement and management: New theories for new practices. Performance Management Association (PMA), 2016. p. 1-19.

Research output: Chapter in Book/Report/Conference proceedingConference contributionResearchpeer-review

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AB - Public-Private Partnerships (PPPs) have been widely used to procure infrastructure assets. However, PPPS are plagued with controversy as they have been the subject of cost/schedule overruns and/or unsatisfactory asset operations. An underlying issue contributing to poor performance of PPPs is the absence of effective performance measurement throughout their life cycle. In addressing this issue, this paper empirically develops a life-cycle performance measurement system for social infrastructure PPPs (e.g., hospitals/school/prison/stadium). It is proffered that governments and private sector entities can use the developed system as a mechanism to better manage the life-cycle performance of their assets and ensure they are 'future proofed'.

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Liu J, Love PED, Smith J, Sing MCP, Matthews J. Future proofing public-private partnerships: Moving from ex post evaluation to life-cycle performance measurement of assets. In Proceeding of PMA conference on performance measurement and management: New theories for new practices. Performance Management Association (PMA). 2016. p. 1-19