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Measuring Success of Public-private Partnerships for Transportation

  • In countries such as the UK and Australia, Public-private partnerships (PPPs) have become the preferred tool for the public sector to procure infrastructure. With this development it has become necessary to assess PPPs regarding their success, and it seems that research has been insufficient to this point. This thesis will give an in-depth insight into the field of success measurement for PPPs. First, it explains the theory behind PPPs by explaining the theory. Then, in the next step, a framework for success measurement in PPPs will be derived based on this theory. It will serve as the basis for the Success Measurement System (SMS) that will be developed. In this regard, the thesis adds value to existing research by using a fully encompassing approach. The SMS will allow for a sound measurement of success for PPPs, which includes a measurement of success for different stakeholders, different phases and categories. In the main part of this thesis, the system is applied on eight transport PPPs through case studies. The insights, from these case studies, will be used to answer the following questions: First, are PPPs in general successful and should governments continue their implementation? Second, in which areas do PPPs fail? This is especially relevant to improve outcomes of PPPs in the future and to enhance PPP policies. Third, how can PPPs be compared with each other? In this regard, the results of the case studies will serve as a benchmark for future PPPs. In regard of the first and the second question, the research has shown that PPPs are in general successful but often fail to meet cost and time targets. In addition, sometimes problems were encountered during the procurement phase, contract management and risk allocation. These are the areas where the public and the private sector should focus to improve outcome of future PPPs. The results of the SMS assessment led to an average success rate which can be used as a benchmark to compare outcomes of other PPPs.

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Metadaten
Author:Sebastian Fester
Referee:Ursula Walther
Advisor:Corinna Hilbig
Document Type:Master's Thesis
Language:English
Date of first Publication:2019/12/16
Publishing Institution:Hochschulbibliothek HWR Berlin
Granting Institution:Hochschule für Wirtschaft und Recht Berlin
Date of final exam:2019/01/22
Release Date:2019/12/16
Tag:Case Studies; PPP; Performance; Public-private Partnerships; Success Measurement System
Page Number:104
Institutes:FB I - Wirtschaftswissenschaften / International Finance M.Sc.
Licence (German):License LogoUrheberrechtsschutz