What Leads to a Successful Public-Private Partnership: Identifying Critical Success Factors
Mohit Kumar Ojha1, Priti Sharma2, Rupa Khanna Malhotra3, Oshin Parasar4
1Dr. Mohit Kumar Ojha, Assistant Professor, Graphic Era Deemed University, Dehradun, India.
2Priti Sharma, Assistant Professor, Graphic Era Deemed University, Dehradun, India.
3Dr. Rupa Khanna Malhotra, Professor, Graphic Era Deemed University, Dehradun, India.
4Oshin Parasar, Assistant Professor, Graphic Era Hill University, Dehradun, India.
Manuscript received on 01 June 2019 | Revised Manuscript received on 07 June 2019 | Manuscript Published on 04 July 2020 | PP: 101-108 | Volume-8 Issue- 4S3 March 2019 | Retrieval Number: D10090384S319/2019©BEIESP | DOI: 10.35940/ijitee.D1009.0384S319
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open-access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: Public-Private Partnership (PPP) is a buzz word across the globe and countries are adopting it as a favorable mode for infrastructure delivery. India has adopted PPP in the late 1970’s but the real strides have been taken only after the Economic Reforms of 1991. A number of PPP projects have been started and many of them have completed as well; the number keeps on increasing since its inception. It makes us wonder about what is so good with PPP as compared to other means and alternatives? In this regard, the present study tries to identify reasons /objectives of entering into a PPP project and the underlying benefits out of it. Further study also attempts to come up with Critical Success Factors for successful implementation and delivery of project. Study is conceptual in nature based on review of extensive literature in the field of PPP and related issues. Reports and case studies on different PPP project in national and international context has also been accessed to gain an understanding of PPP projects, its elements, process and most importantly benefits, success factors and reasons of failure. Websites of government agencies of different countries and other world bodies has also been explored to understand government’s view point of PPP projects.
Keywords: Public-Private Partnership, Infrastructure, India, Critical Success Factors, Reasons of Failure.
Scope of the Article: Internet Technologies, Infrastructure, Services & Applications