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Articles 1 - 7 of 7
Full-Text Articles in Civil and Environmental Engineering
A New Framework For Evaluating Public-Private Partnerships, Junxiao Liu, Peter Love, Jim Smith, Michael Regan
A New Framework For Evaluating Public-Private Partnerships, Junxiao Liu, Peter Love, Jim Smith, Michael Regan
Michael Regan
Since the global financial crisis limited funds have been available for major infrastructure projects. Many governments and other agencies have had great difficulty in promoting and financing infrastructure development using public private partnerships (PPPs). Therefore, it is essential that supporting agencies and financiers conduct effective pre-design and pre-construction analysis and evaluation of the proposed projects. Traditional approaches have tended to focus on the meeting budget and project duration targets, but these single dimension evaluations may not take account of the more complex legal, organisational and financial interfaces created by multiple stakeholder interactions. More effective approaches, mechanisms and frameworks are essential …
Understanding The Landscape Of Overruns In Transport Infrastructure Projects, Peter Love, Jim Smith, Ian Simpson, Michael Regan, Oluwole Olatunji
Understanding The Landscape Of Overruns In Transport Infrastructure Projects, Peter Love, Jim Smith, Ian Simpson, Michael Regan, Oluwole Olatunji
Michael Regan
Cost and schedule overruns are endemic features of transport infrastructure projects. Despite the considerable amount of research within the field of transport and planning in the past thirty years, limited progress has been made to improving the performance of projects. We contend that this will continue to be an issue as long as research efforts focus on the ‘outside view’ with emphasis being placed upon strategic misrepresentation and optimism bias. Understanding ‘why’ and ‘how’ projects overrun, particularly from both ‘outside’ and ‘inside’ perspectives, is pivotal to reducing their impact and occurrence. Thus, in conjunction with the transport and planning literature, …
Review Of Performance Measurement: Implications For Public–Private Partnerships, Junxiao Liu, Peter Love, Jim Smith, Michael Regan, Ekambaram Palaneeswaran
Review Of Performance Measurement: Implications For Public–Private Partnerships, Junxiao Liu, Peter Love, Jim Smith, Michael Regan, Ekambaram Palaneeswaran
Michael Regan
Purpose – The purpose of this paper is to review the normative literature in regard to public-private partnerships (PPPs) and their evaluations, and attempts to investigate whether the Performance Prism is a feasible framework for effective PPP performance measurement. Design/methodology/approach – An in-depth and critical literature review is conducted in this study. Discussion concentrates on PPP features, performance measurement in PPPs, performance measurement in construction, and characteristics of the Performance Prism. Findings – The Performance Prism exhibits a strong ability to capture the distinct features of PPP infrastructure projects and can be considered as a framework suitable for effective and …
Government Institutions And Infrastructure Skills Development, Michael Regan, Jim Smith, Peter Love
Government Institutions And Infrastructure Skills Development, Michael Regan, Jim Smith, Peter Love
Michael Regan
The capacity of state institutions is central to the efficient delivery and management of infrastructure. The paper examines two models for improving the skills of managers in central and line agencies of government for infrastructure procurement and management in emerging economies. The first examines the role of the Public Private Partnership (PPP) unit, a specialist agency equipped with the technical capabilities, transactional experience and budget to provide training and assistance to line agencies for the effective delivery of infrastructure projects. Integrated into this model, and used by several nations, is the use of trained relationship managers to manage service contracts …
Comparative Procurement Methodology Analysis In Australia: A New Approach, Peter Love, Jim Smith, Michael Regan
Comparative Procurement Methodology Analysis In Australia: A New Approach, Peter Love, Jim Smith, Michael Regan
Michael Regan
A comparative review of procurement methods was undertaken for the purpose of objectively determining the relative strengths and weaknesses of the principal methods for the state procurement of economic and social infrastructures. The study concerned procurement alternatives commonly usedwith large or complex projects and available to government, including: o In-house provision using a state agency or works departmento Traditional procuremento Outsourcingo Build own operate and related forms of asset procuremento Alliance contractingo Public private partnerships. Around 90% of state procurement in the late 1980s was traditional which employs a comprehensive input specification, a lowest price tender selection process, separation of …
Procurement Method Selection In Practice: A Journey To Discover The Optimal, Peter Love, Jim Smith, Michael Regan
Procurement Method Selection In Practice: A Journey To Discover The Optimal, Peter Love, Jim Smith, Michael Regan
Michael Regan
Determining the optimal procurement approach for capital works is a challenging task considering the array of procurement methods available and criteria that must be assessed. To assist a public sector client with this complicated decision making process, a procurement method selection process was developed. A focus group compromising of key stakeholders involved with an educational capital works project used the developed approach to determine an appropriate solution for their needs. Overwhelmingly, participants supported the outcome albeit, a small minority who had limited wider exposure to alternative methods initially perceived their bastion (i.e. a default Traditional Lump Sum (TLS), to be …
Public Private Partnerships: What Does The Future Hold?, Michael Regan, Jim Smith, Peter Love
Public Private Partnerships: What Does The Future Hold?, Michael Regan, Jim Smith, Peter Love
Michael Regan
Internationally, Public and Private Partnerships (PPPs) are being used across a wide variety of economic and social infrastructure projects in more than 85 countries. PPPs are a procurement methodology that brings a rigorous risk-weighted approach to major projects using a competitive bid process and private sector expertise and innovation. PPPs are achieving a number of significant improvements in major project procurement and improved public service delivery.This paper considers the prospects of PPPs from the perspective of government clients and their promoters of PPPs and whether current volatility and uncertainty in the capital markets in Australia will affect the feasibility of …