The perception of critical success factors for PPP projects in different stakeholders groups
The perception of critical success factors for PPP projects in different stakeholders groups
Author(s): Joanna WęgrzynSubject(s): Economy, Business Economy / Management, Public Finances
Published by: Uniwersytet Ekonomiczny w Krakowie
Keywords: Procurement, Success; Project management; Critical success factors; Public-private partnership;Poland;
Summary/Abstract: Objective: The main goal of the research is to enhance understanding which factors are perceived as critical for the success of public –private partnerships (PPPs) by different stakeholder groups on different stages of the project life cycle.Research Design & Methods: To examine the perception of critical success factors (CSFs) a questionnaire was conducted within different stakeholder groups for PPPs in Poland.Findings: The research reveals that public and private parties do not share common perception of the PPP success. In general, the private sector assigns lower values to the CSFs analysed from the whole life perspective of a PPP project.Implications & Recommendations: The paper builds on a larger research study looking at the development of the best practice framework for PPPs. It provides helpful information to identify areas that stakeholders should pay a special attention in order to achieve the success of a PPP project. Contribution & Value Added: The article concentrates on one of the two dimensions of a PPP project success which is the idea of critical success factors. The research indicates that the interpretation of a PPP project success depends of the stakeholders' role in the project.
Journal: Entrepreneurial Business and Economics Review
- Issue Year: 4/2016
- Issue No: 2
- Page Range: 81-92
- Page Count: 12
- Language: English