Risk Management in Public-Private Partnerships


Book Description

Public-Private Partnership (PPP) is a channel through which the public sector can seek alternative funding and expertise from the private sector to procure public infrastructure. Governments around the world are increasingly turning to Public-Private Partnerships to deliver essential goods and services. Unfortunately, PPPs, like any other public procurement, can be at risk of corruption. This book begins by looking at the basics of PPP and the challenges of the PPP process. It then conceptualizes the vulnerability of various stages of Public-Private Partnership models and corruption risk against the backdrop of contract theory, principal-agent theory and transaction cost economics. The book also discusses potential control mechanisms. The book also stresses the importance of good governance for PPP. It outlines principles and procedures of project risk management (PRM) developed by a working party of the Association of Project Managers. Finally, the book concludes by proposing strategies and solutions to overcome the limitations and challenges of the current approach toward PPP.




Risk Management Treatise for Engineering Practitioners


Book Description

This book "Risk Management Treatise for Engineering Practitioners" has been published by academic researchers and experts on risk management concepts mainly in the construction engineering sector. It addresses basic theories and principles of risk management backed up, in most cases, with case studies. The contributions for this book came from authors in Europe, the Far East and Africa, and it is hoped that the contents of this book will be useful to anyone interested in understanding the principles and applications of risk management, especially within the construction engineering sector. Researchers and postgraduate students in science and engineering disciplines, especially those interested in project management, will find this book useful.




Risk Management in Projects


Book Description

Project managers in construction and civil engineering need to base their decisions on realistic information about risk and public perceptions of risk. This second edition of the original practical and straightforward text retains the easy-to-read format, but has been expanded to encompass the entire risk management process and to give a fuller presentation of how risk is generally perceived. Two new chapters cover risk identification and risk response, and the chapters on risk analysis have been completely reorganized. There is also greater emphasis on the theory behind the principles, and an expanded bibliography is given to guide an exploration of the subject in greater detail. The book demystifies risk management by presenting the subject in simple and practical terms, free of technical jargon, and case studies are used extensively to enliven the text and to illustrate the concepts discussed.







The Long and Winding Path to Private Financing and Regulation of Toll Roads


Book Description

This guide to the issues at stake when toll roads are privatized answers many questions the privatization teams and regulators should be asking-providing useful information to project specialists, many of whom are now learning how much they did not know when they started.




The Governance of Infrastructure


Book Description

In addressing this perennial question, this volume-the fourth edition in an annual series tackling different aspects of governance around the world-makes the case for a governance perspective on infrastructure. This implies moving beyond rational economic analysis of what should be done towards an analysis of the political, institutional, and societal mechanisms that shape decision-making about infrastructure investment, planning, and implementation.




Granting and Renegotiating Infrastructure Concessions


Book Description

During the 1990s, infrastructure concessions were hailed as the solution to Latin America's endemic infrastructure deficit, by combining private sector efficiency with rent dissipation brought about by competition. This publication examines the design and implementation of over 1,000 examples of concession contracts, in order to identify the problems that have occurred in the process. It goes on to highlight lessons to be learned for the future, in order to realise the potential benefits of infrastructure reform and to contribute to economic growth and poverty reduction.




Transport Infrastructure and Systems


Book Description

Transport Infrastructure Asset management in transport infrastructure, financial viability of transport engineering projects/ Life cycle Cost Analysis, Life-Cycle Assessment and Sustainability Assessment of transport infrastructure/ Infrastructures financing and pricing with equity appraisal, operation optimization and energy management/ Low-Volume roads: planning, maintenance, operations, environmental and social issues/ Public-Private Partnership (PPP) experience in transport infrastructure in different countries and economic conditions/ Airport Pavement Management Systems, runway design and maintenance/ Port maintenance and development issues, technology relating to cargo handling, landside access, cruise operations/ Infrastructure Building Information Modelling (I-BIM) / Pavement design and innovative bituminous materials/ Recycling and re-use in road pavements, environmentally sustainable technologies/ Stone pavements, ancient roads and historic railways/ Cementitious stabilization of materials used in the rehabilitation of transportation infrastructure. Transport Systems Sustainable transport and the environment protection including green vehicles/ Urban transport, land use development, spatial and transport planning/ Bicycling, bike, bike-sharing systems, cycling mobility/ Human factor in transport systems/ Intelligent Mobility: emerging technologies to enable the smarter movement of people and goods/Airport landside: access roads, parking facilities, terminal facilities, aircraft apron and the azdjacent taxiway/ Transportation policy, planning and design, modelling and decision making/ Transport economics, finance and pricing issues, optimization problems, equity appraisal/ Road safety impact assessments, road safety audits, the management of road network safety and safety inspections/ Tunnels and underground structures: preventing incidents-accidents mitigating their effects for both people and goods/ Traffic flow characteristics, traffic control devices, work zone traffic control, highway capacity and quality of service/ Track-vehicle interactions in railway systems, capacity analysis of railway networks/ Risk assessment and safety in air and railway transport, reliability aspects/ Maritime transport and inland waterways transport research/ Intermodal freight transport: terminals and logistics.




Public Private Partnerships in Transport


Book Description

Over the last thirty years Public Private Partnerships (PPPs) have been used to deliver transport capital projects and services. PPPs are complex arrangements that require a multi-disciplinary approach in order to assure their success, though research on the subject has been fragmented. This book fills the gap in existing literature by providing insight into these complex arrangements at their various stages of development. Public Private Partnerships in Transport: trends and theory is structured to follow the life-cycle of a PPP project and strikes a balance between theory and practice. Divided into four parts, each section highlights major concerns and offers and array of views and policy recommendations. Parts include context for national implementation, decision models, performance measures and efficiency standards. This book includes an expanded discussion on the findings presented, discussed and analysed at the closing event of the COST Action TU1001 network on the topic of PPPs in transport. The result will be of significant interest to the academic community, policy makers and practitioners.