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The Perception of Critical Success Factors for PPP Projects in Different Stakeholder Groups

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  • Joanna Węgrzyn

    (Cracow University of Economics, Poland)

Abstract

Objective: The main goal of the research is to enhance understanding which factors are perceived as critical for the success of public-private partnerships (PPPs) by different stakeholder groups on different stages of the project life cycle. Research Design & Methods: The paper builds on a larger research study looking at the development of the best practice framework for PPPs. The research is based on both a literature review and empirical studies. To examinethe perception of critical success factors (CSFs) a questionnaire was conducted within different stakeholder groups for PPPs in Poland. Findings: The article concentrates on one of the two dimensions ofa PPP project success which is the idea of critical success factors. The research reveals that public and private parties do not share common perception of the PPPsuccess. In general, the private sector assigns lower values to the CSFs analysed from the whole life perspective of a PPP project. Implications & Recommendations: The research indicates that the interpretation of a PPP project success depends of the stakeholders' role in the project. Future research might try to integrate a wider range of stakeholdersengaged in PPPs such as financial institutions or a final user of the services provided under a PPP project. Contribution & Value Added: The results of the study provides helpful information to identify areas that stakeholders should pay a specialattention to in order to achieve the success of a PPP project.

Suggested Citation

  • Joanna Węgrzyn, 2016. "The Perception of Critical Success Factors for PPP Projects in Different Stakeholder Groups," Entrepreneurial Business and Economics Review, Centre for Strategic and International Entrepreneurship at the Cracow University of Economics., vol. 4(2), pages 81-92.
    • Handle: RePEc:krk:eberjl:v:4:y:2016:i:2:p:81-92
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    References listed on IDEAS

    as
    1. Maria Janina Szymankiewicz, 2013. "Collaborative Advantage in Public and Social Services: the Case of Poland," Entrepreneurial Business and Economics Review, Centre for Strategic and International Entrepreneurship at the Cracow University of Economics., vol. 1(4), pages 71-81.
    2. Bing Li & A. Akintoye & P. J. Edwards & C. Hardcastle, 2005. "Critical success factors for PPP/PFI projects in the UK construction industry," Construction Management and Economics, Taylor & Francis Journals, vol. 23(5), pages 459-471.
    3. repec:arz:wpaper:eres2012-195 is not listed on IDEAS
    4. Anna Wojewnik-Filipkowska & Dariusz Trojanowski, 2012. "Principles of public private partnership financing: A Polish experience," ERES eres2012_195, European Real Estate Society (ERES).
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    procurement; success; project management; critical success factors; public-private partnership; Poland;
    All these keywords.

    JEL classification:

    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • M19 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Other

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