The Guide to Value and Risk Management in PPP Projects

The Guide to Value and Risk Management in PPP Projects PDF Author: Tony Merna
Publisher:
ISBN: 9781855649811
Category : Privatization
Languages : en
Pages : 166

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Book Description
This book will enable you to develop a methodology for achieving value objectives and integrating risk controls into the PPP process.

The Guide to Value and Risk Management in PPP Projects

The Guide to Value and Risk Management in PPP Projects PDF Author: Tony Merna
Publisher:
ISBN: 9781855649811
Category : Privatization
Languages : en
Pages : 166

Get Book Here

Book Description
This book will enable you to develop a methodology for achieving value objectives and integrating risk controls into the PPP process.

Mastering the Risky Business of Public-Private Partnerships in Infrastructure

Mastering the Risky Business of Public-Private Partnerships in Infrastructure PDF Author: Manal Fouad
Publisher: International Monetary Fund
ISBN: 1513576569
Category : Business & Economics
Languages : en
Pages : 61

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Book Description
Investment in infrastructure can be a driving force of the economic recovery in the aftermath of the COVID-19 pandemic in the context of shrinking fiscal space. Public-private partnerships (PPP) bring a promise of efficiency when carefully designed and managed, to avoid creating unnecessary fiscal risks. But fiscal illusions prevent an understanding the sources of fiscal risks, which arise in all infrastructure projects, and that in PPPs present specific characteristics that need to be addressed. PPP contracts are also affected by implicit fiscal risks when they are poorly designed, particularly when a government signs a PPP contract for a project with no financial sustainability. This paper reviews the advantages and inconveniences of PPPs, discusses the fiscal illusions affecting them, identifies a diversity of fiscal risks, and presents the essentials of PPP fiscal risk management.

Risk Pricing Strategies for Public-Private Partnership Projects

Risk Pricing Strategies for Public-Private Partnership Projects PDF Author: Abdelhalim Boussabaine
Publisher: John Wiley & Sons
ISBN: 1118785762
Category : Technology & Engineering
Languages : en
Pages : 293

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Book Description
Risk Pricing Strategies for Public-Private Partnership Projects Innovation in the Built Environment The complexity of public–private partnership (PPP) project procurement requires an effective process for pricing, managing and appropriate allocation of risks. The level at which risk is priced and the magnitude of risks transferred to the private sector will have a significant impact on the cost of the PPP deals as well as on the value for money analysis and on the selection of the optimum investment options. The construction industry tends to concentrate on the effectiveness of risk management strategies and to some extent ignores the price of risk and its impact on whole life cost of building assets. There is a pressing need for a universal framework for the determination of fair value of risks throughout the PPP procurement processes. Risk Pricing Strategies for Public–Private Partnership Projects addresses the issues of risk pricing and demonstrates the use of a coherent strategy to arrive at a fair risk price. The focus of the book is on providing risk pricing strategies to maximise return on risk retention and allocation in the procurement of PPP projects. With its up-to-date coverage of the latest developments in risk pricing, and comprehensive treatment of the methodologies involved in designing and building risk pricing strategies, the book offers a simple model for pricing risks. The book follows a thematic structure: PPP processes map; risk, uncertainty and bias; risk pricing management strategies; risk pricing measurement and modelling; risk pricing at each of the project life-cycle stages – and deals with all the important risk pricing issues, using relevant real-world situations through case study examples. It explains how the theory and strategies of risk pricing can be successfully applied to real PPP projects and reflects the broad understanding required by today’s project risk analysts, in their new and important role in PPP contract management. Also in the IBE series Managing Change in Construction Projects Senaratne & Sexton 978 14443 3515 6 Innovation in Small Professional Practices in the Built Environment Lu & Sexton 978 14051 9140 1 Other books of interest Urban Infrastructure: Finance and Management Wellman & Spiller 978 0 470 65635 8 Project Finance for Construction and Infrastructure Pretorius, Chung-Hsu, McInnes, Lejot & Arner Construction Supply Chain Management Pryke 978 14051 5844 2 Policy, Finance & Management for Public-Private Partnerships Edited by Akintoye & Beck 978 14051 7791 7 Strategic Issues in Public-Private Partnerships, 2nd Edition Dewulf, Blanken & Bult-Spiering 978 0 470 65635 8

Value and Risk Management

Value and Risk Management PDF Author: Michael F. Dallas
Publisher: John Wiley & Sons
ISBN: 0470759429
Category : Technology & Engineering
Languages : en
Pages : 400

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Book Description
Published on behalf of the Chartered Institute of Building and endorsed by a range of construction industry institutes, this book explains the underlying concepts of value and risk, and how they relate to one another. It describes the different issues to be addressed in a variety of circumstances and at all stages of a project's life and reviews a number of commonly used and effective techniques, showing how these may be adapted to suit individuals' styles and circumstances. * Published on behalf of the Chartered Institute of Building with cross-industry institutional support * Combines value and risk management which are often considered, wrongly, in isolation * Makes a complicated subject accessible to a wide audience of construction practitioners * Features checklists and proformas to aid implementation of best practice * Author has extensive practical experience of the subject

Managing Risk in Construction Projects

Managing Risk in Construction Projects PDF Author: Nigel J. Smith
Publisher: John Wiley & Sons
ISBN: 1118347234
Category : Technology & Engineering
Languages : en
Pages : 263

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Book Description
Investment in any new project invariably carries risk but the construction industry is subject to more risk and uncertainty than perhaps any other industry. This guide for construction managers, project managers and quantity surveyors as well as for students shows how the risk management process improves decision-making. Managing Risk in Construction Projects offers practical guidance on identifying, assessing and managing risk and provides a sound basis for effective decision-making in conditions of uncertainty. The book focuses on theoretical aspects of risk management but also clarifies procedures for undertaking and utilising decisions. This blend of theory and practice is the real message of the book and, with a strong authorship team of practitioners and leading academics, the book provides an authoritative guide for practitioners having to manage real projects. It discusses a number of general concepts, including projects, project phases, and risk attitude before introducing various risk management techniques. This third edition has been extended to recognize the reality of multi-project or programme management and the risks in this context; to highlight the particular problems of risk in international joint ventures; and to provide more coverage of PFI and PPP. With case studies and examples of good practice, the book offers the distilled knowledge of over 100 man-years of experience in working on all aspects of project risk, giving sound practical guidance on identifying, assessing and managing risk.

Project and Program Risk Management

Project and Program Risk Management PDF Author: R. Max Wideman
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 120

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Book Description
Integration, general approach and definitions - Risk identification - Risk assessment goals and methodology - Computer applications - Risk response and documentation - Management of contingency allowances - Managing the risks of the project's environment - Dealing with risks in contracts.

Net Present Value and Risk Modelling for Projects

Net Present Value and Risk Modelling for Projects PDF Author: Martin Hopkinson
Publisher: Routledge
ISBN: 1351915258
Category : Business & Economics
Languages : en
Pages : 246

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Book Description
The Net Present Value (NPV) forecast lies at the heart of the business case on many projects. Martin Hopkinson's guide explains when, why and how NPV models should be built for projects and how this approach can be integrated with the risk management process. NPV models tend to be used during the earliest phases of a project as the business case is being developed. Typically, these are the stages when uncertainty is at its highest and when the opportunities to influence the project's plan are at their greatest. This book shows how project financial forecasting and risk management principles can be used to both improve NPV forecasts and to shape the project solution into one that is risk-robust. The text is sufficiently broad to be practicable for first-time users to employ the methods described. But it also contains insights into the process that are likely to be new to the majority of experienced practitioners. All users should find that the models used in this book will help to provide useful templates for exploiting the techniques that are used.

A Guide to the Procurement of Privately Financed Projects

A Guide to the Procurement of Privately Financed Projects PDF Author: Douglas Lamb
Publisher: Thomas Telford
ISBN: 9780727732736
Category : Business & Economics
Languages : en
Pages : 140

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Book Description
A guide to the procurement of privately financed projects: an indicative assessment of the procurement process outlines the concept of privately financed projects (PFP) that can be used for both public-private and private-private interactions. Utilising models from many countries the guide develops a robust procurement system applicable to PFP and project finance in both the EU and overseas. This guide provides a systematic approach for the preparation and evaluation of privately financed projects (PFP) and services. It is intended to assist both the 'Principal' (often a public body) and the 'Promoter' (private body) at each phase of the procurement process, from inception through to financial closure. Principals using this guide should be able to adapt the private finance procurement process for their specific organisation and business sector. Moreover, in the case of the promoting organisation, the guide provides an appreciation of the steps that occur and the various processes undertaken and the associated costs of bidding. A guide to the procurement of privately financed projects: an indicative assessment of the procurement process provides an invaluable understanding of the critical facets involved in PFP and suggests frameworks for developing objective orientated procurement elements.

The Routledge Companion to Public-Private Partnerships

The Routledge Companion to Public-Private Partnerships PDF Author: Piet de Vries
Publisher: Routledge
ISBN: 1136163301
Category : Business & Economics
Languages : en
Pages : 520

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Book Description
A public-private partnership (PPP) is a contractual arrangement with appropriate risk sharing between public and private partners for the delivery of public infrastructure or services, which is intended to create value-for-money to the taxpayer. The Routledge Companion to Public-Private Partnerships provides a cutting-edge survey of the field. PPPs remain a highly controversial subject matter globally and this comprehensive and authoritative volume provides a terrific compendium of information for students and scholars charged with understanding, critiquing and advancing this model. With sections devoted to legal aspects, institutional economics perspectives, finance and accountability - the editors draw together an impressive range of contributors from around the world.

Project Risk Management Handbook

Project Risk Management Handbook PDF Author: Bart Jutte
Publisher: Xlibris Corporation
ISBN: 1469132702
Category : Education
Languages : en
Pages : 156

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Book Description
Project Risk Management Handbook Managing project risks professionally can be a very profitable activity. The Project Risk Management Handbook learns you how to accomplish this in your project and organization. organization. You learn: • 12 smart methods to detect risks • The 3 basic responses to deal with risks and opportunities • The best methods to analyze risks • How to involve your entire team in the risk management effort Risk Tests The handbook contains a number of practical tests that help you to identify the weak spots in your project and company, and implement project risk management effectively. A selection of the tests: • How risky is your project? • What should you do to improve project risk management? • What has project risk management contributed to your project success? The Project Risk Management Handbook is the book about project risks that should be on the desk of each project manager.