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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
Autor/Autorin:Sebastian Fester
Erstgutachter/Erstgutachterin:Ursula Walther
Zweitgutachter/Zweitgutachterin:Corinna Hilbig
Dokumentart:Masterarbeit
Sprache:Englisch
Datum der Erstveröffentlichung:16.12.2019
Veröffentlichende Institution:Hochschulbibliothek HWR Berlin
Titel verleihende Institution:Hochschule für Wirtschaft und Recht Berlin
Datum der Abschlussprüfung:22.01.2019
Datum der Freischaltung:16.12.2019
Freies Schlagwort / Tag:Case Studies; PPP; Performance; Public-private Partnerships; Success Measurement System
Seitenzahl:104
Fachbereiche und Studiengänge:FB I - Wirtschaftswissenschaften / International Finance M.Sc.
Lizenz (Deutsch):License LogoUrheberrechtsschutz