Akintola Akintoye – Public-Private Partnerships: Managing Risks and Opportunities

Akintola Akintoye, Professor of Construction Economics and Management, Dean of School of Built and Natural Environment, University of Central Lancashire, UK; Joint Editor of Journal of Financial Management of Property and Construction, Joint Coordinator of CIB TG72: Public Private Partnerships.

Introduction; Part one – PPP: Risk, value and communication in public private partnership procurement – An overview of Public Private Partnership; Risks overview in Public Private Partnership; Value management in PPP procurement; Risk perception and communication in Public Private Partnerships; Part Two – Stakeholders perspectives on Public Private Partnership risks and opportunities – A construction perspective on risk management in Public Private Partnership; A financial perspective on risk management in Public Private Partnership; A legal perspective on risk management in PPP; Applications of risk management strategies in PPP procurement; Developments in UK public sector risk management: implications for PPP/PFI projects; Part Three – International Perspectives on Public Private Partnership risks and opportunities – Public Private Partnership risk assessment and management process – the Asian dimension; Risk management in an Austrian standardised public-private partnership model; Risk assessment and management in BOT-type PPP in China/Hong Kong; Public Private Partnership projects in USA: risks and opportunities; PPP in South African local authorities: risks and opportunities; Private Sector participation road projects in India – assessment and allocation of critical risks: Part Four – Framework for risks and opportunities management of Public Private Partnership infrastructure development – Multi-party risk management process for a PPP construction project in Asia; PFI uptake in UK local authorities; A framework for the risk management in PFI projects

* shows how risk management techniques helps PPP procurement
* chapters are authored by a academic/practitioner partnership
* controversial nature of PPP makes this a timely publication