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Michael Regan

Effective performance measures

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Review Of Performance Measurement: Implications For Public–Private Partnerships, Junxiao Liu, Peter Love, Jim Smith, Michael Regan, Ekambaram Palaneeswaran Aug 2015

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 …