Risk in PPP Projects
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This research book gives information about Risk in Public Private Partnership projects (PPP) Projects by application of Multi-Criteria Decision Making (MCDM) method. Success of Public Private Partnership projects is greatly influenced by proper management of the risks associated with the project. All projects which are undertaken using conventional procurement method or using a PPP approach have known risks and unknown risks. Risk identification plays an important role in development of PPP framework. The participation and investment of Private sector has been the main stay of the Government o...
This research book gives information about Risk in Public Private Partnership projects (PPP) Projects by application of Multi-Criteria Decision Making (MCDM) method. Success of Public Private Partnership projects is greatly influenced by proper management of the risks associated with the project. All projects which are undertaken using conventional procurement method or using a PPP approach have known risks and unknown risks. Risk identification plays an important role in development of PPP framework. The participation and investment of Private sector has been the main stay of the Government of India policy toward infrastructural growth. In this research, main risk categories and factors of Public Private Partnership projects have been recognized by MCDM method. Multi-Criteria Decision Making (MCDM) approaches are more popular and widely acceptable for complex decision making problems. MCDM methods are used to find the best alternative by evaluating the conflict criterion. It is used in other fields like business and marketing, design, environment, agriculture, development, healthcare, banking, manufacturing, construction and other complex decision making tasks.
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