Melbourne Law School - Research Publications
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ItemThe emergence of transport PPPs: context and drivers(Arti Grafische Favia srl., 2012)
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ItemRisk management, governance and financing issues in Public Private Partnerships – Transport projects(UMP Publisher, 2017)This paper discusses issues related to risk management, governance, and financing of public-private partnerships transportation projects. The allocation of risks and the requirements for ownership and equity provision were examined through analysis of a range of contracts. Lessons learnt from a series of Australia’s public-private partnerships transportation projects are also presented. The results showed that from the perspective of risk allocation, the arrangements were consistent among the projects. Some fluctuations, however, were observed in terms of equity provision. Initially, the contracts were developed based on the private sector taking full traffic demand risk and promising outcomes led to revenue sharing clauses being introduced. Consequently, overoptimistic demand forecasts resulted in the market rejecting the acceptance of traffic demand risk. The paper also presents the variation between the case study projects in terms of excess revenue sharing. The analysis also suggests that, in arranging these types of projects, traffic demand issue would be prominent and should be given major concern since it would be closely related with the revenue of the projects, which in turn would affect the equity of the projects.
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ItemRisk management, governance and financing issues in Public Private Partnerships – Transport projects(Universiti Malaysia Pahang, 2017-04-03)
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ItemWenzhe Tang and His Colleagues Proposed Holistic Hydropower Scheme for China in Nature( 2016)Tsinghua University News, 20 April 2016
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ItemA balanced approach to project management in partnering types of contract: a public private partnerships framework(IEEE, 2016)This paper investigates project management relationship employed in partnering types of contracts by investigating practices and gathering inputs from participants specifically involved in Public Private Partnership (PPP) projects in Australia. A detailed survey was conducted and the results revealed behavioral differences between project management of PPPs compared with the focus of more conventional projects where an adversarial approach is common rather than using a strategic approach in managing projects. This research indicates that, for the success of partnering type of projects, strategic aspects of project management play an important role and are equally important with traditional aspects of project management. Some of those critical areas of project management to balance the approach are identified and utilized in a new proposed project management framework. The proposed framework enhances the commonly utilized framework, developed by Project management Institute (PMI), by adding the strategic project management aspects into the architectural of the approach.