Towards an effective stakeholder management practice for public private partnerships an Australian experience

Jayasuriya, S, Zhang, G and Yang, J 2015, 'Towards an effective stakeholder management practice for public private partnerships an Australian experience', in Proceedings of the 2015 Royal Institution of Chartered Surveyors annual conference (COBRA 2015), Sydney, Australia, 8-10 July 2015, pp. 1-9.


Document type: Conference Paper
Collection: Conference Papers

Title Towards an effective stakeholder management practice for public private partnerships an Australian experience
Author(s) Jayasuriya, S
Zhang, G
Yang, J
Year 2015
Conference name RICS COBRA AUBEA 2015
Conference location Sydney, Australia
Conference dates 8-10 July 2015
Proceedings title Proceedings of the 2015 Royal Institution of Chartered Surveyors annual conference (COBRA 2015)
Publisher Royal Institution of Chartered Surveyors
Place of publication London, United Kingdom
Start page 1
End page 9
Total pages 9
Abstract Many countries around the world are in search of new means to engage the private sector in managing and financing infrastructure through Public Private Partnerships (PPPs). However, most of the PPPs have faced issues during design and concession period. When considering Australian context stakeholder related issues have been reported as one of the main issues in several instances. PPPs involve many stakeholders whose interests might not be in agreement and leading to conflicting objectives. In such situations Stakeholder Management (SM) has a high level of importance to avoid the conflicts and to achieve the success of projects. First this study has investigated the existing SM studies undertaken in relation to PPPs and some issues related to SM in PPPs through an extensive literature review. Then the SM related issues and some improvement measures to the existing practice were investigated through face to face interviews. The findings highlighted the necessity of a robust SM system for PPPs. Further political forces influencing infrastructure project decisions, weak relationship with the general public and lack of monitoring during the operational period are some emerging issues highlighted by a majority of stakeholders. Finally some recommendations were drawn to improve the existing SM practice in PPPs.
Subjects Building Construction Management and Project Planning
Keyword(s) Public Private Partnerships
Stakeholders Management
Issues
Improvement Measures
Australia
Copyright notice © RICS 2015
ISBN 9781783210718
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