Public–Private Partnerships in Projects

Abstract

This chapter exclusively covers the Public–Private Partnerships aka PPP mode of contracting in projects. We first touch upon the existing models and literature on PPP and then move on to define a new conceptual model for PPP. In doing so, we begin by understanding PPP by way of analogies. After refining the basic concept, we conceptualize PPPs in the project management domain to enable a better understanding of how the framework is developed. The chapter next covers the key dimensions and challenges in four phases of PPP projects, viz., Environmental Readiness Phase, Initiation Phase, Realization Phase, and Post-Implementation Phase. In the Environmental Readiness Phase, we define the Bureaucratic Competence Framework for PPPs that often drives the course of the project. We also define a new Pricing Scenario Framework that incorporates the environmental readiness factors in PPP. In the realization phase, we define a new Quality Framework for PPP projects.