Best value model for public private partnership infrastructure projects in Malaysia

The rapid human population growth rate coupled with the need for improved infrastructure project delivery has necessitated the participation of private sector for the procurement of such projects. Public Private Partnerships (PPP) is one such private sector driven procurement approach which has evol...

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Main Author:	Gambo, Muhammad Mustapha
Format:	Thesis
Language:	English English
Published:	2015
Subjects:	HC79 Special topics Including air pollution, automation, consumer demand, famines, flow of funds, etc.
Online Access:	http://eprints.uthm.edu.my/1578/1/24p%20MUHAMMAD%20MUSTAPHA%20GAMBO.pdf http://eprints.uthm.edu.my/1578/2/MUHAMMAD%20MUSTAPHA%20GAMBO%20WATERMARK.pdf
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id	my-uthm-ep.1578
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spelling	my-uthm-ep.15782021-10-03T08:03:10Z Best value model for public private partnership infrastructure projects in Malaysia 2015-07 Gambo, Muhammad Mustapha HC79 Special topics. Including air pollution, automation, consumer demand, famines, flow of funds, etc. The rapid human population growth rate coupled with the need for improved infrastructure project delivery has necessitated the participation of private sector for the procurement of such projects. Public Private Partnerships (PPP) is one such private sector driven procurement approach which has evolved to serve the growing demand for infrastructure development in Malaysia. However, the Value for Money (VfM) evaluative aspect of the PPP procurement form has faced criticism. Much of the criticism is directed to the PPP practice being riddled with issues identified as being related to the ineffective structuring of the private sector led project-specific Special Purpose Vehicle (SPV) to deliver VfM. Exploratory preliminary research findings indicate that there is a lack of overall long-term strategic focus by the SPV for delivering VfM objectives in PPP projects. Questionnaire survey data was obtained from a purposive sample of 48 public and private PPP practitioners in Peninsular Malaysia to determine the needed skills (core skills) and critical success factors (CSFs) required by the SPV to achieve their VfM objectives for PPP projects, and hence the successful delivery of PPP projects. The aim of the research is to develop a conceptual tool for delivering Best Value (BV) on PPP infrastructure projects. The notion of „skill sets‟ is used as a means to scope the capability necessary with respect to agreed planning targets on specific projects. A Best Value PPP conceptual framework is developed as a heuristic tool for managers which proposes the embedding of the VfM aligned PPP SPV organizational skills into the operational structure of the SPV and then effecting the SPV organizational strategic measures according to the four perspectives of the Balanced Scorecard performance measurement strategy with respect to the CSFs. Drawing on the understanding that VfM objectives are critical denominators for effective PPP project delivery, this research will influence the development of appropriate guidelines for the effective structuring of the SPV‟s to enable the delivery of enhanced VfM objectives in the form of BV for PPP concession projects. 2015-07 Thesis http://eprints.uthm.edu.my/1578/ http://eprints.uthm.edu.my/1578/1/24p%20MUHAMMAD%20MUSTAPHA%20GAMBO.pdf text en public http://eprints.uthm.edu.my/1578/2/MUHAMMAD%20MUSTAPHA%20GAMBO%20WATERMARK.pdf text en validuser phd doctoral Universiti Tun Hussein Onn Malaysia Faculty of Technology Management and Business
institution	Universiti Tun Hussein Onn Malaysia
collection	UTHM Institutional Repository
language	English English
topic	HC79 Special topics Including air pollution, automation, consumer demand, famines, flow of funds, etc.
spellingShingle	HC79 Special topics Including air pollution, automation, consumer demand, famines, flow of funds, etc. Gambo, Muhammad Mustapha Best value model for public private partnership infrastructure projects in Malaysia
description	The rapid human population growth rate coupled with the need for improved infrastructure project delivery has necessitated the participation of private sector for the procurement of such projects. Public Private Partnerships (PPP) is one such private sector driven procurement approach which has evolved to serve the growing demand for infrastructure development in Malaysia. However, the Value for Money (VfM) evaluative aspect of the PPP procurement form has faced criticism. Much of the criticism is directed to the PPP practice being riddled with issues identified as being related to the ineffective structuring of the private sector led project-specific Special Purpose Vehicle (SPV) to deliver VfM. Exploratory preliminary research findings indicate that there is a lack of overall long-term strategic focus by the SPV for delivering VfM objectives in PPP projects. Questionnaire survey data was obtained from a purposive sample of 48 public and private PPP practitioners in Peninsular Malaysia to determine the needed skills (core skills) and critical success factors (CSFs) required by the SPV to achieve their VfM objectives for PPP projects, and hence the successful delivery of PPP projects. The aim of the research is to develop a conceptual tool for delivering Best Value (BV) on PPP infrastructure projects. The notion of „skill sets‟ is used as a means to scope the capability necessary with respect to agreed planning targets on specific projects. A Best Value PPP conceptual framework is developed as a heuristic tool for managers which proposes the embedding of the VfM aligned PPP SPV organizational skills into the operational structure of the SPV and then effecting the SPV organizational strategic measures according to the four perspectives of the Balanced Scorecard performance measurement strategy with respect to the CSFs. Drawing on the understanding that VfM objectives are critical denominators for effective PPP project delivery, this research will influence the development of appropriate guidelines for the effective structuring of the SPV‟s to enable the delivery of enhanced VfM objectives in the form of BV for PPP concession projects.
format	Thesis
qualification_name	Doctor of Philosophy (PhD.)
qualification_level	Doctorate
author	Gambo, Muhammad Mustapha
author_facet	Gambo, Muhammad Mustapha
author_sort	Gambo, Muhammad Mustapha
title	Best value model for public private partnership infrastructure projects in Malaysia
title_short	Best value model for public private partnership infrastructure projects in Malaysia
title_full	Best value model for public private partnership infrastructure projects in Malaysia
title_fullStr	Best value model for public private partnership infrastructure projects in Malaysia
title_full_unstemmed	Best value model for public private partnership infrastructure projects in Malaysia
title_sort	best value model for public private partnership infrastructure projects in malaysia
granting_institution	Universiti Tun Hussein Onn Malaysia
granting_department	Faculty of Technology Management and Business
publishDate	2015
url	http://eprints.uthm.edu.my/1578/1/24p%20MUHAMMAD%20MUSTAPHA%20GAMBO.pdf http://eprints.uthm.edu.my/1578/2/MUHAMMAD%20MUSTAPHA%20GAMBO%20WATERMARK.pdf
_version_	1747830820904632320

Best value model for public private partnership infrastructure projects in Malaysia

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