A systematic approach for public-private partnership projects CSFs evaluation
| Autor: | Li Rongbo, Yueqiu Wu, Zhang Yanke, Pu Zhang, Pei Zhang, Liping Wang |
|---|---|
| Rok vydání: | 2018 |
| Předmět: |
education.field_of_study
Process management Computer science Project stakeholder 05 social sciences Population 0211 other engineering and technologies 02 engineering and technology Building and Construction General Business Management and Accounting Hierarchical database model Public–private partnership Empirical research General partnership 021105 building & construction 0502 economics and business Architecture Critical success factor Dimension (data warehouse) education 050203 business & management Civil and Structural Engineering |
| Zdroj: | Engineering, Construction and Architectural Management. 25:1127-1145 |
| ISSN: | 0969-9988 |
| Popis: | Purpose Public–private partnership (PPP) projects are increasingly significant in many countries. The purpose of this paper is to assess the impact of critical success factors (CSFs) on PPP projects and comprehensively consider the interrelations and interaction among dimensions and factors to achieve a better understanding of PPP project management. Design/methodology/approach An evaluation index system for PPP projects such as the presented case study is proposed based on a literature review and a survey. Then, interpretative structural modeling is used to transform the CSFs dimension into a multi-level hierarchical model to reflect the driven-dependency relation of each dimension; the fuzzy analytic network process model optimized by moment estimation theory is used to investigate the impact of CSFs by considering their internal impact. Findings Regarding the project used as the case study, the driving force and dependence for driving layer and dependent layer are determined. Moreover, in driving layer, efficient and well-structured payment mechanism is the most important CSF if considering the internship and interaction among CSFs, and efficient and well-structured payment mechanism and good governance provide most positive interaction; in dependent layer, population of beneficiaries is the most important CSF if considering the internship and interaction among CSFs, and public client’s satisfaction provides most positive interaction. Originality/value This paper developed an evaluation model to explore the interrelationships of dimensions and factors and then determine the impact of CSFs. The model propose in this paper relaxes the independence assumptions of traditional methods and is more in line with reality; besides, weighting method is optimized to obtain more objective and reasonable evaluation results. Through an empirical study, the validity of the model has been verified; therefore, the study can help project stakeholders better understand the CSFs and further improve project performance. |
| Databáze: | OpenAIRE |
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