Title :
Risk Factors for Running Public Private Partnerships (PPP) - An Empirical Comparison between Government and Private Sector
Author :
Xu, Yelin ; Chan, Albert P C ; Cheng Hu
Author_Institution :
Dept of Building & Real Estate, Southeast Univ., Nanjing, China
Abstract :
A research project looking at risk management for PPP projects in China is currently being conducted. The aim of this research is to develop and validate an equitable risk sharing mechanism for PPP participants in Chinese specific circumstance. As part of this research project an empirical questionnaire survey was conducted. Respondents of questionnaire were invited to rate a total of thirty-four risk factors which was gleaned from the literature. The data of this survey were analyzed by Kendall´s concordance test, Spearman rank correlation test and independent 2-sample test technique. The results show that there is no significant disagreement between government and private sector with respect to the perception of risk factors.
Keywords :
organisational aspects; project management; public administration; risk management; Kendall´s concordance test; Spearman rank correlation test; government sector; independent 2-sample test technique; private sector; project management; public private partnerships; risk factors; risk management; Construction industry; Cultural differences; Government; Impedance; Law; Legal factors; Procurement; Project management; Risk management; Testing;
Conference_Titel :
Management and Service Science, 2009. MASS '09. International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-4638-4
Electronic_ISBN :
978-1-4244-4639-1
DOI :
10.1109/ICMSS.2009.5301324
