Future Proofing Public-Private Partnerships: Moving from Ex Post Evaluation to Life-Cycle Performance Measurement of assets

Henry Liu, Peter Love, Jim Smith, Michael Sing, Jane Matthews

Research output: Contribution to conference (non-published works)Paper

Abstract

Public-Private Partnerships (PPPs) have been widely used to procure infrastructure assets. However, PPPS are plagued with controversy as they have been the subject of cost/schedule overruns and/or unsatisfactory asset operations. An underlying issue contributing to poor performance of PPPs is the absence of effective performance measurement throughout their life cycle. In addressing this issue, this paper empirically develops a life-cycle performance measurement system for social infrastructure PPPs (eg, hospitals/school/prison/stadium). It is proffered that governments and private sector entities can use the developed system as a mechanism to better manage the life-cycle performance of their assets and ensure they are'future proofed'.
Original languageEnglish
Pages1-19
Number of pages19
Publication statusPublished - Jun 2016
Externally publishedYes
Event10th Conference of the Performance Measurement Association:: Performance Measurement & Management: New Theories for New Practices - Edinburgh, Scotland, Edinburgh, United Kingdom
Duration: 26 Jun 201629 Jun 2016
https://www.pmaconference.co.uk/edinburgh2016.html

Conference

Conference10th Conference of the Performance Measurement Association:
Abbreviated titlePMA 2016
CountryUnited Kingdom
CityEdinburgh
Period26/06/1629/06/16
Internet address

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  • Cite this

    Liu, H., Love, P., Smith, J., Sing, M., & Matthews, J. (2016). Future Proofing Public-Private Partnerships: Moving from Ex Post Evaluation to Life-Cycle Performance Measurement of assets. 1-19. Paper presented at 10th Conference of the Performance Measurement Association:, Edinburgh, United Kingdom.