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Risk allocation in public-private partnership projects

Jin, Xiaohua 2009, Risk allocation in public-private partnership projects, in ICCREM 2009 : Proceedings of 2009 International Conference on Construction & Real Estate Management, China Architecture & Building Press, Beijing, China, pp. 326-330.

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Title Risk allocation in public-private partnership projects
Author(s) Jin, Xiaohua
Conference name International Conference on Construction & Real Estate Management (2009 : Beijing, China)
Conference location Beijing, China
Conference dates 5-6 November 2009
Title of proceedings ICCREM 2009 : Proceedings of 2009 International Conference on Construction & Real Estate Management
Editor(s) Wang, Yaowu
Wang, Yaoqi
Shen, Qiping
Publication date 2009
Conference series International Conference on Construction and Real Estate Management
Start page 326
End page 330
Publisher China Architecture & Building Press
Place of publication Beijing, China
Keyword(s) risk allocation
risk management
PPP/PFI
Australia
Summary Both the increasing private participation in public projects and the critical importance of appropriate risk allocation to the success of public-private partnership (PPP) projects justify specific research on the risk allocation practice in PPP projects, particularly whether the practice is value-for-money driven. In this paper, the risk allocation in construction projects is examined firstly. The risks associated with PPP projects and the concept of optimal risk allocation are then reviewed. More importantly, the risk allocation practice in PPP projects is examined, particularly in the Australian context. Important issues, such as the current practice, the governments' accountability, and achieving efficient allocation, are discussed. The discussion presented in this paper is expected to justify and elicit further research on how to achieve efficient risk allocation in PPP projects
ISBN 9787112114542
Language eng
Field of Research 120201 Building Construction Management and Project Planning
Socio Economic Objective 910402 Management
HERDC Research category E1 Full written paper - refereed
HERDC collection year 2009
Persistent URL http://hdl.handle.net/10536/DRO/DU:30028459

Document type: Conference Paper
Collection: School of Architecture and Built Environment
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