Operations Research, Systems Engineering and Industrial Engineering Commons^™

Public-Private Partnerships For Technology Growth In The Public Sector, F. Lera-Lopez, Scott Erwin Grasman, Javier Faulin

Engineering Management and Systems Engineering Faculty Research & Creative Works

Public-private partnerships (PPP) are a mechanism for financing large infrastructure development such as transportation projects, hospitals, schools, and public works facilities. In addition, the benefits of PPP stretch well into the realm of engineering management. Most notably, PPPs provide the opportunity for more efficient project management, proficient risk mitigation, and enhanced technological innovation. This paper provides a general description of the typical PPP process and how this process can be used to improve management of technology in the public sector.