Published: Građevinar 63 (2011) 12
Paper type: Preliminary report
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Evaluating success of public private partnership projects
Abstract
Current research aimed at evaluating success of public private partnership projects is presented, and main properties of the private finance initiative (PFI), including analysis of its success rate, are given. The success dimensions of PFI schemes that are most significant to clients are proposed, and these dimensions are described based on relevant criteria. An example of modelling a criterion for assessing success of PFI projects is given, and its empirical use on two PFI projects in the Republic of Croatia is described.
Keywordsprivate finance initiative (PFI), project success, success dimension, criteria, project, public private partnership (PPP)