Identifying Critical Success Factors of Public Private Partnership Projects in Türkiye

Elif Durna; Beliz Özorhon; Semih Caglayan

Article Details

Identifying Critical Success Factors of Public Private Partnership Projects in Türkiye

Authors:

Elif Durna | Beliz Özorhon | Semih Caglayan

Publisher:

Sakarya University

Main Topics:

Civil Engineering (Other)

Journal:

Sakarya University Journal of Science Vol.28 Issue 1, pp.30-50

Document Type:

Article

Publication Date:

2/2024

Document Language:

English

Document ID (Org No.):

2001312276

pISSN:

2147-835X

Keywords:

Abstract:

 Public private partnerships PPPs have become increasingly common as a result of states shifting roles in infrastructure services from service providers and operators to policymakers and regulators. PPPs have been established as a prominent technique of public service procurement in both developed and developing countries. PPPs give the parties the opportunity to split the costs and risks of providing a public service or building a public infrastructure. Successful project management is crucial, especially in light of PPP projects size and complexity. This study investigates the critical success factors CSFs of PPP investments in developing countries. In this regard, 23 CSFs were selected based on a thorough literature review, and a questionnaire survey was run to examine the impact of those factors on PPP performance. The information is gathered from 82 different companies in Türkiye that represent both the public and private sectors. The statistical analysis results show that favorable legal framework, detailed and clear project identification, and extensive cost-benefit assessment are the most significant drivers of success. Additionally, factor analysis is used on the data to investigate and identify underlying correlations between the factors, as well as to categorize them into fewer, more focused, and more thorough factors. The results of factor analysis suggest five dimensions; namely project finance, project management, operational factors, procurement, and organizational factors. The studys findings are anticipated to benefit both the public sector in its focus on legal concerns to permit better operation and the contractors in its examination of their capacity to manage big projects more effectively.

 Public private partnerships PPPs have become increasingly common as a result of states shifting roles in infrastructure services from service providers and operators to policymakers and regulators. PPPs have been established as a prominent technique of public service procurement in both developed and developing countries. PPPs give the parties the opportunity to split the costs and risks of providing a public service or building a public infrastructure. Successful project management is crucial, especially in light of PPP projects size and complexity. This study investigates the critical success factors CSFs of PPP investments in developing countries. In this regard, 23 CSFs were selected based on a thorough literature review, and a questionnaire survey was run to examine the impact of those factors on PPP performance. The information is gathered from 82 different companies in Türkiye that represent both the public and private sectors. The statistical analysis results show that favorable legal framework, detailed and clear project identification, and extensive cost-benefit assessment are the most significant drivers of success. Additionally, factor analysis is used on the data to investigate and identify underlying correlations between the factors, as well as to categorize them into fewer, more focused, and more thorough factors. The results of factor analysis suggest five dimensions; namely project finance, project management, operational factors, procurement, and organizational factors. The studys findings are anticipated to benefit both the public sector in its focus on legal concerns to permit better operation and the contractors in its examination of their capacity to manage big projects more effectively.

 Public private partnerships PPPs have become increasingly common as a result of states shifting roles in infrastructure services from service providers and operators to policymakers and regulators. PPPs have been established as a prominent technique of public service procurement in both developed and developing countries. PPPs give the parties the opportunity to split the costs and risks of providing a public service or building a public infrastructure. Successful project management is crucial, especially in light of PPP projects size and complexity. This study investigates the critical success factors CSFs of PPP investments in developing countries. In this regard, 23 CSFs were selected based on a thorough literature review, and a questionnaire survey was run to examine the impact of those factors on PPP performance. The information is gathered from 82 different companies in Türkiye that represent both the public and private sectors. The statistical analysis results show that favorable legal framework, detailed and clear project identification, and extensive cost-benefit assessment are the most significant drivers of success. Additionally, factor analysis is used on the data to investigate and identify underlying correlations between the factors, as well as to categorize them into fewer, more focused, and more thorough factors. The results of factor analysis suggest five dimensions; namely project finance, project management, operational factors, procurement, and organizational factors. The studys findings are anticipated to benefit both the public sector in its focus on legal concerns to permit better operation and the contractors in its examination of their capacity to manage big projects more effectively.

 Public private partnerships PPPs have become increasingly common as a result of states shifting roles in infrastructure services from service providers and operators to policymakers and regulators. PPPs have been established as a prominent technique of public service procurement in both developed and developing countries. PPPs give the parties the opportunity to split the costs and risks of providing a public service or building a public infrastructure. Successful project management is crucial, especially in light of PPP projects size and complexity. This study investigates the critical success factors CSFs of PPP investments in developing countries. In this regard, 23 CSFs were selected based on a thorough literature review, and a questionnaire survey was run to examine the impact of those factors on PPP performance. The information is gathered from 82 different companies in Türkiye that represent both the public and private sectors. The statistical analysis results show that favorable legal framework, detailed and clear project identification, and extensive cost-benefit assessment are the most significant drivers of success. Additionally, factor analysis is used on the data to investigate and identify underlying correlations between the factors, as well as to categorize them into fewer, more focused, and more thorough factors. The results of factor analysis suggest five dimensions; namely project finance, project management, operational factors, procurement, and organizational factors. The studys findings are anticipated to benefit both the public sector in its focus on legal concerns to permit better operation and the contractors in its examination of their capacity to manage big projects more effectively.

Article Details

Identifying Critical Success Factors of Public Private Partnership Projects in Türkiye

Authors:

Elif Durna | Beliz Özorhon | Semih Caglayan

Publisher:

Sakarya University

Main Topics:

Civil Engineering (Other)

Journal:

Sakarya University Journal of Science Vol.28 Issue 1, pp.30-50

Document Type:

Article

Publication Date:

2/2024

Document Language:

English

Document ID (Org No.):

2001312276

pISSN:

2147-835X

Public Private Partnerships

Construction Industry

Critical Success Factors

Factor Analysis

Project Management

Issues

Article Details

Identifying Critical Success Factors of Public Private Partnership Projects in Türkiye

Authors: Elif Durna | Beliz Özorhon | Semih Caglayan

Publisher: Sakarya University

Main Topics: Civil Engineering (Other)

Journal: Sakarya University Journal of Science Vol.28 Issue 1, pp.30-50

Document Type: Article

Publication Date: 2/2024

Document Language: English

Document ID (Org No.): 2001312276

pISSN: 2147-835X

Public Private Partnerships

Construction Industry

Critical Success Factors

Factor Analysis

Project Management

Issues

Authors:

Elif Durna | Beliz Özorhon | Semih Caglayan

Publisher:

Sakarya University

Main Topics:

Civil Engineering (Other)

Journal:

Sakarya University Journal of Science Vol.28 Issue 1, pp.30-50

Document Type:

Article

Publication Date:

2/2024

Document Language:

English

Document ID (Org No.):

2001312276

pISSN:

2147-835X