The Role Of Cost Saving And Innovation In Pfi Projects
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| Author | : Construction Industry Council |
| Publisher | : Thomas Telford |
| Total Pages | : 146 |
| Release | : 2000-06-02 |
| Genre | : Business & Economics |
| ISBN | : 0727728792 |
"The Private Finance Initiative has been seen ... as a way of achieving the Egan Report's objective of better client value for money fron construction-based projects. [...] This report presents the findings of a study set up to test the proposition that PFI will yield VFM [Value for money] by stimulating innovation"--Back cover.
| Author | : Akintola Akintoye |
| Publisher | : John Wiley & Sons |
| Total Pages | : 504 |
| Release | : 2009-01-26 |
| Genre | : Technology & Engineering |
| ISBN | : 1444301438 |
This book examines some of the key policy, financial and managerialaspects of public-private partnerships within the context of theglobal spread of this form of procurement. The chapters investigate political and institutional issuessurrounding PPPs, together with the financial and managerialstrategies employed by the private sector. Adopting across-disciplinary perspective, the book highlights the oftenpolitically sensitive nature of these projects and identifies aneed for the private sector to investigate a broad set ofparameters which relate to the particular political economy ofindividual partnerships. Policy, Finance & Management for Public-Private Partnershipscovers a range of specific issues, including: partnerships indeveloping countries; innovation in partnership-based procurement;government and business interaction; institutional andorganisational approaches to facilitating partnership; project andcorporate financing; risk and value management; market analysis,modelling and forecasting; capital structure decisions andmanagement; investment theory and practice; pricing and costevaluation; statutory regulations and their financial implications;option pricing; financial monitoring; syndicate funding; new rolesfor the financial and insurance sectors; institutional andmultilateral funding; payment mechanisms; concession perioddetermination; risk analysis and management; whole life valuemethodology; cost comparators and best value; team building, teamwork and skill development. Contributions from Australia, Europe, the Far East, South Africaand the United States together present the current thinking andstate-of-the-art approaches to public-private partnerships.
| Author | : Peter W. G. Morris |
| Publisher | : John Wiley & Sons |
| Total Pages | : 360 |
| Release | : 2007-09-21 |
| Genre | : Technology & Engineering |
| ISBN | : 0470226854 |
A comprehensive guide to project management and its interaction with other management systems and strategies The Wiley Guides to the Management of Projects address critical, need-to-know information that will enable professionals to successfully manage projects in most businesses and help students learn the best practices of the industry. They contain not only well-known and widely used basic project management practices but also the newest and most cutting-edge concepts in the broader theory and practice of managing projects. This first book in the series, The Wiley Guide to Project, Program & Portfolio Management, is based on the "meta" level of management, which, simply stated, asserts that project management must be integrated throughout an organization in order to achieve its full potential to enhance the bottom line. This book will show you how to fully understand and exploit the strategic management of projects, portfolios, and program management and their linkage with context and strategy in other concepts and processes, such as quality management, concurrent engineering, just-in-time delivery, systems management and engineering, teams, and statistical quality control. Featuring contributions from experts all around the world, this invaluable resource book offers authoritative project management applications for industry, service businesses, and government agencies. Complete your understanding of project management with these other books in The Wiley Guides to the Management of Projects series: * The Wiley Guide to Project Control * The Wiley Guide to Project Organization & Project Management Competencies * The Wiley Guide to Project Technology, Supply Chain & Procurement Management
| Author | : Marcus C. Jefferies |
| Publisher | : Routledge |
| Total Pages | : 375 |
| Release | : 2016-04-14 |
| Genre | : Technology & Engineering |
| ISBN | : 1317635027 |
The last three decades have seen the evolution of Public–Private Partnerships (PPPs) and Relationship Contracting (RC) as alternative procurement approaches to traditional methods of delivering public infrastructure. The potential for growth in these new forms of procurement has led to an on-going debate on the nature of requirements, particularly in terms of policy development, encouraging private investment and value for money. A key argument for Governments to procure projects using PPPs and RC is that the process delivers better value for all the stakeholders, including the community and asset end-users. This wide-ranging study of such crucial procurement issues includes international historical context, collaboration and risk management, with a focus on sustainable procurement approaches. The international significance of PPPs and RC procurement is reinforced with case study examples from the UK, Europe, North America, South Africa and the Asia-Pacific. It features cutting-edge research from around the world on subjects such as: Reviews and reflection of the PPP approach Project Alliancing Implementation of RC in developing countries Changes in procurement policy Value for money, collaboration and stakeholder involvement Growth and emergence of PPPs in Asia Risk management Including contributions from some of the world's most prominent academics and practitioners in this field, it is a crucial guide to the strategic choices governments now face for the provision of infrastructure, between using ‘public’ or ‘private’ mechanisms, or a combination of the two.
| Author | : Abdelhalim Boussabaine |
| Publisher | : Routledge |
| Total Pages | : 336 |
| Release | : 2013-04-03 |
| Genre | : Architecture |
| ISBN | : 1134224885 |
This topical and timely book presents and innovative approach to dealing with the complexities of cost planning in PFI. PFI/PPP projects have a significantly different costing environment from conventionally procured projects, requiring cost analysts to use their expertise and innovative thinking to develop whole-life cost solutions that deliver value for money to the client, thus improving public building assets performance. Abdelhalim Boussabaine provides a thorough grounding in the theory of PFI, from its early evolution through to examples of current projects. In particular, the rationale for private financing of public services, arguments for and against PFI and 'value for money' mechanisms are discussed. The book presents an innovative framework for whole-life value and calls for changes in the way whole life cycle value is perceived, created and exchanged. Cost Planning of PFI and PPP Building Projects provides the reader with existing knowledge as well as present innovative thinking for future development and management of PFI/PPP cost planning processes. Given the importance and novelty of this book, academics, professionals, undergraduate and postgraduate students will find this book valuable.
| Author | : Douglas Lamb |
| Publisher | : Thomas Telford |
| Total Pages | : 140 |
| Release | : 2004-09-27 |
| Genre | : Business & Economics |
| ISBN | : 9780727732736 |
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.
| Author | : Mike Murray |
| Publisher | : John Wiley & Sons |
| Total Pages | : 242 |
| Release | : 2008-04-15 |
| Genre | : Technology & Engineering |
| ISBN | : 1405147555 |
It is often said that in order to know where we are going, we need to know where we have been. For some years the construction industry has been challenged to deliver better performance in terms of value for money, timelier construction and defect free building. Behind this remodelling of an industry is Government. The interest by Government is not new, and report after report in the post war period has exhorted the industry to perform better. This book documents how Government, through influential reports, has sought to shape the performance and attitudes of parties to the construction industry. It provides a critical review of 12 of the most significant, setting these against their political, social and economic background, and offers a ready reference and critique for researchers of construction management, government and economics.
| Author | : Mirjam Bult-Spiering |
| Publisher | : John Wiley & Sons |
| Total Pages | : 219 |
| Release | : 2008-04-15 |
| Genre | : Technology & Engineering |
| ISBN | : 1405173327 |
Bult-Spiering & Dewulf: Strategic Issues in PPP: Back CoverText - draft This book provides a theoretical basis for examining public-privatepartnerships (PPP) so as to give researchers a better understandingof PPP and to develop a more strategic approach to thesubject. It analyses the various characteristics and approaches of PPP,drawing on a number of international studies, particularly fromEurope and the USA, and it provides a thorough review of theliterature. It looks, in particular, at two main PPP procurementsystems: concessions and joint ventures. The Authors Mirjam Bult-Spiering is assistant professor Public-PrivateGovernance of the Department Construction Management &Engineering at the University of Twente, The Netherlands. Geert Dewulf is professor of Planning & Development of theDepartment Construction Management & Engineering at theUniversity of Twente, The Netherlands. Also of Interest Public-Private Partnerships - Managing Risks and Opportunities Edited by Akintola Akintoye Matthias Beck & Cliff Hardcastle 0-632-06465-X Value and Risk Management - A Guide to Best Practice Michael F. Dallas Published on behalf of the Chartered Institute of Building 1-4051-2069-X Cover illustrations courtesy of George Jautze, ING Real EstateGeneral Management (Nijmegen-Marienburg) and Erik Hermsen, StruktonIntegrale Projecten (Montaigne) Cover design by Simon Witter
| Author | : Geert Dewulf |
| Publisher | : John Wiley & Sons |
| Total Pages | : 226 |
| Release | : 2011-12-29 |
| Genre | : Technology & Engineering |
| ISBN | : 1119968283 |
Managing PPP projects is not a routine job, as every PPP project is different and should be managed accordingly. These projects require considerable capability and skills from both public sector and private sector managers involved, Strategic Issues in Public Private Partnerships, Second Edition, delivers the insight and tools necessary to assist those managers. As Public private partnership (PPP) arrangements become an increasingly popular way for national governments to fund and develop public infrastructure and urban areas with private sector contributions, a better understanding of the risks involved is crucial. The second edition of Strategic Issues in Public Private Partnerships : Provides an international overview of the application of concessions - the most common form of PPP [eg PFI (Private Finance Initiative); BO(O)T (Build/Own/Operate/Transfer) or DBFMO (Design/Build/Finance/ Maintain/Operate)]. Focusses on the introduction of concessions and the problems encountered, the solutions found for these problems, and the different approaches to concessions chosen across different countries. Provides a strategic overview for those involved in setting up and managing PPP projects. Illustrates lessons from different national backgrounds and gives managers the insight and tools to manage PPP projects effectively. Essential reading for Contractors & funding organizations involved in PPP projects as well as Researchers in construction management and public administration.
| Author | : Mark A. Abramson |
| Publisher | : Rowman & Littlefield |
| Total Pages | : 484 |
| Release | : 2003 |
| Genre | : Business & Economics |
| ISBN | : 9780742532731 |
The ninth book in the IBM Endowment Series on the Business of Government, The Procurement Revolution continues the tradition of timely and vital information dissemination, which the series has come to stand for. Focusing on the profound and revolutionary changes the government has had and will have to make in its approach to procuring goods and services, this book strives to capture the creativity and energy that can and should be brought to government procurement.
