Authors: Reetika Sehgal; Ashish Mohan Dubey; Nidhi Tiwari
Addresses: Department of Management, United College of Engineering and Management, D-II, UPSIDC Industrial Area, Naini, Allahabad-211010, India ' Department of Management, Birla Institute of Technology, Mesra, Ranchi, Allahabad Campus, B-7, Industrial Area, Naini, Allahabad-211010, India ' Department of Management, Birla Institute of Technology, Mesra, Ranchi, Allahabad Campus, B-7, Industrial Area, Naini, Allahabad-211010, India
Abstract: In the present era, governments across the world are focusing on new innovative methods for financing projects, developing infrastructure and delivering quality services. Public-private partnerships (PPPs or 3Ps) are an instrument to collaborate the strengths of both public and private sectors. One of the most important areas of PPP study in the present time is its critical success factors (CSFs). This work aims to systematically evaluate the research work on the CSFs for implementing PPPs. The concept of CSFs shows an innovative way to categorise certain factors whose presence in a project is expected to make the project successful. The current paper highlights 14 main CSFs which are considered as significant for any PPP project. Each factor includes a number of success sub-factors. Finally, a framework for determinants of PPP is developed based on literature review.
Keywords: public private partnership; PPP; critical success factors; CSFs; determinants; success; India.
International Journal of Business Excellence, 2017 Vol.13 No.4, pp.494 - 520
Received: 10 Jun 2016
Accepted: 02 Sep 2016
Published online: 03 Oct 2017 *