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Built Environment Project and Asset Management
Number of Followers: 15  
 
  Hybrid Journal Hybrid journal (It can contain Open Access articles)
ISSN (Print) 2044-124X
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  • Public–private partnerships: potentials, prospects, pitfalls and
           precautions
    • Pages: 170 - 171
      Abstract: Built Environment Project and Asset Management, Volume 9, Issue 2, Page 170-171, June 2019.

      Citation: Built Environment Project and Asset Management
      PubDate: 2019-04-11T10:50:30Z
      DOI: 10.1108/BEPAM-06-2019-138
       
  • Driving forces for the US residential housing price: a predictive analysis
    • Abstract: Built Environment Project and Asset Management, Ahead of Print.
      Purpose The purpose of this paper is to determine the key characteristics that determine housing prices in the USA. Data analytical models capable of predicting the driving forces of housing prices can be extremely useful in the built environment and real estate decision-making processes. Design/methodology/approach A data set of 13,771 houses is extracted from the 2013 American Housing Survey (AHS) data and used to develop a Hedonic Pricing Method (HPM). Besides, a data set of 22 houses in the city of San Francisco, CA is extracted from Redfin real estate brokerage database and used to test and validate the model. A correlation analysis is performed and a stepwise regression model is developed. Also, the best subsets regression model is selected to be used in HPM and a semi-log HPM is proposed to reduce the problem of heteroscedasticity. Findings Results show that the main driving force for housing transaction price in the USA is the square footage of the unit, followed by its location, and its number of bathrooms and bedrooms. The results also show that the impact of neighborhood characteristics (such as distance to open spaces and business centers) on the housing prices is not as strong as the impact of housing unit characteristics and location characteristics. Research limitations/implications An important limitation of this study is the lack of detailed housing attribute variables in the AHS data set. The accuracy of the prediction model could be increased by having a greater number of information regarding neighborhood and regional characteristics. Also, considering the macro business environment such as the inflation rate, the interest rates, the supply and demand for housing, and the unemployment rates, among others could increase the accuracy of the model. The authors hope that the presented study spurs additional research into this topic for further investigation. Practical implications The developed framework which is capable of predicting the driving forces of housing prices and predict the market values based on those factors could be useful in the built environment and real estate decision-making processes. Researchers can also build upon the developed framework to develop more sophisticated predictive models that benefit from a more diverse set of factors. Social implications Finally, predictive models of housing price can help develop user-friendly interfaces and mobile applications for home buyers to better evaluate their purchase choices. Originality/value Identification of the key driving forces that determine housing prices on real-world data from the 2013 AHS, and development of a prediction model for housing prices based on the studied data have made the presented research original and unique.
      Citation: Built Environment Project and Asset Management
      PubDate: 2019-06-18T07:00:48Z
      DOI: 10.1108/BEPAM-07-2018-0100
       
  • Significant causes of claims and disputes in construction projects in
           Saudi Arabia
    • Abstract: Built Environment Project and Asset Management, Ahead of Print.
      Purpose Projects in the construction industry have been confronted with an unprecedented volume of claims, which negatively impact the construction business environment. The purpose of this paper is to identify and assess the major causes of claims and disputes, from the perspectives of three key stakeholders. Design/methodology/approach An online and paper-based questionnaire was distributed to a random sample of 250 professionals. Responses from 86 construction professionals were obtained. The significance index was employed to rank the factors and hence assess their relative significance. Results were analyzed from both the individual stakeholder, and collective perspectives. Test of agreement was also conducted. Findings The research found the following causes to be the most significant contributors to claims and disputes in Saudi Arabia: “change or variation orders due to new requirements from client” (78 percent), “variations in quantities due to new requirements from client” (74 percent), “delay caused by contractor” (74 percent), “design errors or omissions” (72 percent) and “inconsistencies in the drawings and specifications” (70 percent). Originality/value The research provides an in-depth assessment of the causes of claims and disputes, in the setting of a fast growing industry, in which strong performance is essential to continued success. Unlike several of the reviewed studies which reported “delay caused by the owner” or “delayed in payment” as a major cause of claims and/or disputes, the findings of the current study indicated that this cause was not the most significant. Instead, it was determined that the top causes of claims and disputes were attributed to all parties, including consultants, contractors and clients.
      Citation: Built Environment Project and Asset Management
      PubDate: 2019-06-18T06:58:31Z
      DOI: 10.1108/BEPAM-09-2018-0113
       
  • Public–private equity joint ventures and risk transfers in motorways
           of the sea
    • Abstract: Built Environment Project and Asset Management, Ahead of Print.
      Purpose The purpose of this paper is to present a new scheme of public–private partnership (PPP) within the framework of motorways of the sea (MoS) similar to that of an equity joint venture along with a methodology for valuing risk transfers arising from options embedded in the clauses included in such agreement. Design/methodology/approach The architecture of the proposed PPP is an adaptation to the scope of a MoS of collaborative schemes commonly used in industry such as equity joint ventures. The methodology for valuing options involved making use of a valuation tree of optimal cashflows along with algorithm designs from the field of financial and real options. Findings The proposed structure of public–private equity joint venture (PPEJV) increases the stability of private–public collaboration as compared with standard PPPs, so as to achieve the desired modal shift. The analyzed case study shows how the methodology provides valuable numerical information for both negotiating partners and policy makers. Practical implications This study provides a quantitative tool for policy makers to redefine the role that public agents and public funds should play in a future sustainable mobility model. Originality/value The originality of the authors’ contribution to the field of PPPs in transport is triple. First, there is no precedent in the literature on PPPs of an architecture similar to that of the proposed PPEJV. Second, unlike the usual practice in the valuation of financial or real options, no prior structure is assumed for modelling the behaviour of cashflows. Third, the type of options addressed is not usual neither in the real options literature in general nor in the valuation of guarantee mechanisms included in PPPs in particular.
      Citation: Built Environment Project and Asset Management
      PubDate: 2019-06-04T09:32:41Z
      DOI: 10.1108/BEPAM-01-2018-0027
       
  • Entropy of centrality values for topological vulnerability analysis of
           water distribution networks
    • Abstract: Built Environment Project and Asset Management, Ahead of Print.
      Purpose The increased complexity of water distribution networks (WDNs) emphasizes the importance of studying the relationship between topology and vulnerability of these networks. However, the few existing studies on this subject measure the vulnerability at a specific location and ignore to quantify the vulnerability as a whole. The purpose of this paper is to fill this gap by extending the topological vulnerability analysis further to the global level. Design/methodology/approach This paper introduces a two-step procedure. In the first step, this work evaluates the degree of influence of a node by employing graph theory quantities. In the second step, information entropy is used as a tool to quantify the global vulnerability of WDNs. Findings The vulnerability analysis results showed that a network with uniformly distributed centrality values exhibits a lower drop in performance in the case of partial failure of its components and therefore is less vulnerable. In other words, the failure of a highly central node leads to a significant loss of performance in the network. Practical implications The vulnerability analysis method, developed in this work, provides a decision support tool to implement a cost-effective maintenance strategy, which relies on identifying and prioritizing the vulnerabilities, thereby reducing expenditures on maintenance activities. Originality/value By situating the research in the entropy theory context, for the first time, this paper demonstrates how heterogeneity and homogeneity of centrality values measured by the information entropy can be interpreted in terms of the network vulnerability.
      Citation: Built Environment Project and Asset Management
      PubDate: 2019-05-31T11:57:21Z
      DOI: 10.1108/BEPAM-02-2019-0014
       
  • Life-cycle cost analysis of a short-haul underground freight
           transportation system for the DFW Airport
    • Abstract: Built Environment Project and Asset Management, Ahead of Print.
      Purpose The purpose of this paper is to conduct life-cycle cost analysis of a short-haul underground freight transportation (UFT) system for the Dallas Fort Worth international airport. Design/methodology/approach The research approach includes: identifying the cost components of the proposed airport UFT system; estimating life-cycle cost (LCC) of system components using various methods; determining life-cycle cash flows; evaluating the reliability of the results using sensitivity analysis; and assessing the validity of the results using analogues cases. Findings Although the capital cost of constructing an airport UFT system seems to be the largest cost of such innovative projects, annual costs for running the system are more significant, taking a life-cycle perspective. System administrative cost, tunnel operation and maintenance, and tunnel construction cost are the principle cost components of the UFT system representing approximately 46, 24 and 19 percent of the total LCC, respectively. The shipping cost is estimated to be $4.14 per ton-mile. Although this cost is more than the cost of transporting cargos by trucks, the implementation of UFT systems could be financially justified considering their numerous benefits. Originality/value This paper, for the first time, helps capital planners understand the LCC of an airport UFT system with no or limited past experience, and to consider such innovative solutions to address airport congestion issues.
      Citation: Built Environment Project and Asset Management
      PubDate: 2019-05-31T11:55:40Z
      DOI: 10.1108/BEPAM-10-2018-0125
       
  • Demand-side energy retrofit potential in existing office buildings
    • Abstract: Built Environment Project and Asset Management, Ahead of Print.
      Purpose Office buildings confront with the issue of high energy demand during the day time mainly due to heavy use of energy for HVAC and lighting systems. Demand-side energy retrofits (DSER) are identified as effective in controlling electricity demand of existing buildings. The purpose of this paper is to analyse the potential of incorporating DSER in to existing office buildings. The paper reports the cost benefits of using DSER in existing office buildings. Furthermore, it reveals several enablers that can be used to promote retrofits in office buildings of Sri Lanka. Design/methodology/approach An industry survey was conducted by selecting a sample of 35 office buildings to study the usage of DSER in office buildings of Sri Lanka. Furthermore, three case studies were conducted to analyse the costs benefits of widely used DSER techniques in office buildings. Findings Research revealed that the use of DSER techniques in existing office buildings of Sri Lanka is at a lower level. However, it found that the financial viability of those DSER was at a promising level. Furthermore, 11 enablers in two levels as organisational level and national level were identified to enhance the use of DSER. Originality/value The study justifies the potential of DSER in reducing energy demand of existing office buildings through in-depth cost benefit analysis, which is useful for a country like Sri Lanka which faces massive energy crisis. This encourages Facility Managers towards using DSER to reduce building energy demand. Furthermore, study provides enablers at organisational and national levels to enhance the use of DSER.
      Citation: Built Environment Project and Asset Management
      PubDate: 2019-05-31T11:53:41Z
      DOI: 10.1108/BEPAM-10-2017-0103
       
  • Analyzing project data in BIM with descriptive analytics to improve
           project performance
    • Abstract: Built Environment Project and Asset Management, Ahead of Print.
      Purpose The purpose of this paper is to expand the benefits of building information modeling (BIM) to include data analytics to analyze construction project performance. BIM is a great tool which improves communication and information flow between construction project parties. This research aims to integrate different types of data within the BIM environment, then, to perform descriptive data analytics. Data analytics helps in identifying hidden patterns and detecting relationships between different attributes in the database. Design/methodology/approach This research is considered to be an inductive research that starts with an observation of integrating BIM and descriptive data analytics. Thus, the project’s correspondence, daily progress reports and inspection requests are integrated within the project 5D BIM model. Subsequently, data mining comprising association analysis, clustering and trend analysis is performed. The research hypothesis is that descriptive data analytics and BIM have a great leverage to analyze construction project performance. Finally, a case study for a construction project is carried out to test the research hypothesis. Findings The research finds that integrating BIM and descriptive data analytics helps in improving project communication performance, in terms of integrating project data in a structured format, efficiently retrieving useful information from project raw data and visualizing analytics results within the BIM environment. Originality/value The research develops a dynamic model that helps in detecting hidden patterns and different progress attributes from construction project raw data.
      Citation: Built Environment Project and Asset Management
      PubDate: 2019-05-16T11:12:07Z
      DOI: 10.1108/BEPAM-04-2018-0069
       
  • Adoption of Big Data analytics in construction: development of a
           conceptual model
    • Abstract: Built Environment Project and Asset Management, Ahead of Print.
      Purpose Big Data (BD) is being increasingly used in a variety of industries including construction. Yet, little research exists that has examined the factors which drive BD adoption in construction. The purpose of this paper is to address this gap in knowledge. Design/methodology/approach Data collected from literature (55 articles) were analyzed using content analysis techniques. Taking a two-pronged approach, first study presents a systematic perspective of literature on BD in construction. Then underpinned by technology–organization–environment theory and supplemented by literature, a conceptual model of five antecedent factors of BD adoption for use in construction is proposed. Findings The results show that BD adoption in construction is driven by a number of factors: first, technological: augmented BD–BIM integration and BD relative advantage; second, organizational: improved design and execution efficiencies, and improved project management capabilities; and third, environmental: augmented availability of BD-related technology for construction. Hypothetical relationships involving these factors are then developed and presented through a new model of BD adoption in construction. Research limitations/implications The study proposes a number of adoption factors and then builds a new conceptual model advancing theories on technologies adoption in construction. Practical implications Findings will help managers (e.g. chief information officers, IT/IS managers, business and senior managers) to understand the factors that drive adoption of BD in construction and plan their own BD adoption. Results will help policy makers in developing policy guidelines to create sustainable environment for the adoption of BD for enhanced economic, social and environmental benefits. Originality/value This paper develops a new model of BD adoption in construction and proposes some new factors of adoption process.
      Citation: Built Environment Project and Asset Management
      PubDate: 2019-05-14T12:02:49Z
      DOI: 10.1108/BEPAM-05-2018-0077
       
  • Impact of project monitoring and evaluation practices on construction
           project success criteria in Ghana
    • Abstract: Built Environment Project and Asset Management, Ahead of Print.
      Purpose Monitoring and evaluation (M&E) of projects is a very important aspect of project execution and management. This is because proper M&E practices have a significant effect on the successful delivery of projects. The purpose of this paper is to examine the impact of project M&E practices on construction project success criteria. Design/methodology/approach Structured questionnaires were used to solicit the views of project professionals in the Ghanaian construction industry. The questions were developed through critical review of literature and complemented with a pilot interview on the subject. This paper utilized a partial least square–structural equation modeling (PLS–SEM) to establish the impact of project M&E practices (constructs) on project success based on the hypothesis. Findings Results showed that M&E practices had a positive statistical significant relationship with construction project success criteria. In addition, health and safety performance and project scope showed a strong significant relation with M&E practice, implying that, in developing countries, these two main constructs should be given critical attention in achieving project success. Practical implications The findings of this study may be useful to organizations in determining M&E techniques that are relevant and contribute highly to project success. This may go a long way to increase productivity and accelerate the rate of successful project delivery. Originality/value The application of rigorous analysis, PLS–SEM, gives a more reliable information on M&E practices that can ensure successful delivery of construction projects.
      Citation: Built Environment Project and Asset Management
      PubDate: 2019-05-07T10:39:38Z
      DOI: 10.1108/BEPAM-11-2018-0135
       
  • Expansive learning in contemporary construction organisations
    • Abstract: Built Environment Project and Asset Management, Ahead of Print.
      Purpose The evolving roles of BIM and smart building technologies in the design and management of construction projects often present unexpected events and variabilities, which tend to erode professionals’ prior knowledge authority. The purpose of this paper is to explore how construction organisations can deploy knowledge and adapt to the requisite skills in order to make fitting responses to the ever-evolving technological and organisational transformations to address the prevailing construction challenges. Design/methodology/approach The paper opted for an abductive research approach that ensures back-and-forth iterative dialogue between the empirical data and an amalgam of the theoretical proposition towards new understanding of the phenomenon under investigation. A multiple case study method was adopted to collate the empirical data from three separate construction organisations as they transitioned into BIM compliant work processes. Findings The study has described new processes that not only mediate existing practices but focus on consistently resolving known tensions and contradictions between prior knowledge and the requirement of the changing work situation. The study also illustrates the cognitive synchronisation of the learning approaches within contemporary work organisations that align well with the merits and utilities entrenched within their niche technological choices. Research limitations/implications Due to the chosen research methodology, it is acknowledged that future comparative studies using a much larger quantitative data sample to further elucidate the findings of this paper would be an interesting further step. Originality/value The study contributes to construction management literature by providing new insights into expansive learning environments capable of addressing cognitive contradictions and ambiguities inherent in the changing contemporary work patterns in the construction context as a consequence of BIM deployment.
      Citation: Built Environment Project and Asset Management
      PubDate: 2019-05-02T06:52:50Z
      DOI: 10.1108/BEPAM-06-2018-0092
       
  • Training gaps in the adoption of building information modelling by
           Nigerian construction professionals
    • Abstract: Built Environment Project and Asset Management, Ahead of Print.
      Purpose The opportunities that the building information modeling (BIM) mode of project delivery presents warrant the need for the construction professionals to be adequately trained on BIM technology and processes. The purpose of this paper is to assess the training gaps that exist between the perceived and expected knowledge of BIM practice among construction professionals in Nigeria. Design/methodology/approach The study was carried out through a structured questionnaire survey administered on identifying training gaps among registered Nigerian construction professionals toward BIM adoption. Relevant information on the perceived and expected BIM mode of practices was systematically collected from 212 participants who are familiar with BIM concepts. The data generated were analyzed using descriptive statistics and gap analysis. Findings Gap analysis was employed in determining the significance of BIM training gap for various practices among the construction professionals. The most significant gaps in BIM practice with gap analysis value>1 are the project review technique and clash detection for architectural practice. Among quantity surveyors, cost estimating, preparation of bills of quantities and project budgeting are the practice areas where there are significant training gaps in adopting BIM. For engineering practices, the gap analysis reveals a significant training gap in design creation and coordination, as-built-modeling, clash detection and space management. Research limitations/implications The research is limited to the perception of the respondents on actual and ideal BIM practices, not considering the process workflow, facility requirements and other issues that revolve round BIM adoption and implementation. It is also limited to professionals in the industry, and further studies will be appropriate to address these limitations. Practical implications The study reveals that there is a great need to meet the training gaps for BIM adoption in ensuring efficiency of construction project delivery. Originality/value The gaps that exist between the actual and expected BIM training were statistically established.
      Citation: Built Environment Project and Asset Management
      PubDate: 2019-05-01T08:38:44Z
      DOI: 10.1108/BEPAM-10-2017-0090
       
  • Managing relationships in large public projects: comparative study of
           China and Singapore
    • Abstract: Built Environment Project and Asset Management, Ahead of Print.
      Purpose One of the solutions to manage large public projects that are complex and difficult to manage is through relationship management. Although formal and relational approaches have been adopted in managing relationships, it is widely recognized that participants from developed and developing economies have different mindsets toward these two approaches. The purpose of this paper is hence to elucidate the more effective practices for managers to manage relationships in large public projects that are in countries of different sizes and stages of development. Design/methodology/approach A structured questionnaire survey was conducted. Multiple stakeholders involved in public construction projects in Singapore and China that include public sector clients and consultants, private sector contractors and conszultants, were approached for data collection to provide information on one of their completed large public project. Findings Both Singapore and China primarily adopt contractual governance by making rational decisions, pursuing profit and using the contract to guard against trouble. Participants in Singapore are more deeply committed and work more collaboratively than their counterparts in China. Project partners in China build stronger relationships, which may be due to the importance of “guanxi” to conduct business activities there. Originality/value The comparative study provides managers with different sets of governance practices to adopt to improve the relationships with public clients in large public projects under different environments. In large public projects in developed countries, participants should rely more on relational practices that show commitment and teamwork, while those in developing countries participate in activities that build up their social networks.
      Citation: Built Environment Project and Asset Management
      PubDate: 2019-04-25T01:36:43Z
      DOI: 10.1108/BEPAM-10-2018-0128
       
  • Lean approach in precast concrete component production
    • Abstract: Built Environment Project and Asset Management, Ahead of Print.
      Purpose This study applied the lean approach to the reinforcement work process in the component production of industrialised building system precast concrete construction (IBSPCC). The purpose of this paper is to identify and eliminate non-value added (NVA) activities to enhance the efficiency of the production process. Design/methodology/approach Data were collected via a case study of six-storey precast concrete building. A mapping of the reinforcement work process was conducted based on observations using time study technique and time-lapsed video, complemented by semi-structured interviews. Findings Through this application, several NVA activities, such as unnecessary inventory, excessive movement and coordination issues, were identified. Production performance could be enhanced by implementing Just-in-Time, Kanban, and layout improvements, which would address NVA activities. Research limitations/implications Due to the complexity of the construction process, only specific process elements were observed. To map the complete process, comprehensive observation must be conducted from beginning to end, which, though worthwhile, would be very time and resource intensive. Originality/value This paper focusses on strategies for improving the efficiency of the IBSPCC production process in Malaysian construction by developing a conceptual framework of the lean approach for the reinforcement work process. Certain aspects in the process such as layout and inventory need to be redesigned and simplified by minimising NVA activities.
      Citation: Built Environment Project and Asset Management
      PubDate: 2019-03-15T08:15:56Z
      DOI: 10.1108/BEPAM-02-2018-0051
       
  • Integrated project delivery as an enabler for collaboration: a Middle East
           perspective
    • Abstract: Built Environment Project and Asset Management, Ahead of Print.
      Purpose This study investigates the extent to which the popular forms of contract adopted in the Middle East (ME) address collaboration. The purpose of this paper is to assess how collaboration features weaved into the construct of integrated project delivery (IPD) may impact projects in the ME. In this context, the study identifies features in IPD and existing delivery methods that may enable or inhibit collaboration and evaluates their impact on project success from the perspective of various contract managers in the ME. Design/methodology/approach The study employs structured face-to-face interviews with 41 construction industry practitioners in top contract management positions in the ME to evaluate the significance of collaboration features in IPD. Data collected from the structured interviews/surveys were analyzed using statistical tools in R and Excel. Findings Results reveal that while experts recognize the collaboration benefits which IPD features may contribute to a project, the current contractual environment of the industry does not optimally encompass these features. The current status of project delivery does not favor IPD implementation nor does it enable its collaborative features. Originality/value This study contributes to the growing international body of knowledge addressing the application of collaborative contracts in construction projects, and it is innovative in evaluating collaboration features within IPD and exiting project deliveries in the ME.
      Citation: Built Environment Project and Asset Management
      PubDate: 2019-02-13T03:35:36Z
      DOI: 10.1108/BEPAM-05-2018-0084
       
  • Challenges in public private partnerships in construction industry
    • First page: 172
      Abstract: Built Environment Project and Asset Management, Ahead of Print.
      Purpose Public private partnerships (PPPs) face challenges in implementation and operation, and need efforts to improve their performance. The purpose of this paper is to review the PPP literature quantitatively and qualitatively, in order to establish challenge themes and set research directions. Design/methodology/approach More than 4,000 papers published between 2008 and 2017 were retrieved. From this collection, papers from five major international journals were selected to explore extant PPP research findings under six main PPP challenges including: challenges related to financial management, concession period and price determination, operational phase, risk management, PPP project procurement and stakeholder management (SM). Initially, the papers were categorised quantitatively into the identified challenges and subsequently the articles were qualitatively analysed and discussed. Findings Poor SM, the complexity of risk management models, project delivery time and cost overruns, inadequate consideration of whole life-cycle aspects and over-reliance on a Public Sector Comparator for evaluating PPPs are found to be the most commonly encountered issues. These all warrant more extensive attention and innovative solutions. Practical implications PPP projects have faced many challenges in practice and also existing research findings have limited application in practice. Challenges highlighted in this research can be a focus area in practice to improve the performance of PPPs. Originality/value No previous reviews have explored the challenges relating to PPP projects and how they can then addressed by further studies in the field. This review is intended to address that gap, and should help to shed light on further research directions to address the emerging challenges in PPP procurement.
      Citation: Built Environment Project and Asset Management
      PubDate: 2019-03-13T11:44:47Z
      DOI: 10.1108/BEPAM-01-2018-0024
       
  • Evaluation of PPP road projects in Greece
    • First page: 186
      Abstract: Built Environment Project and Asset Management, Ahead of Print.
      Purpose The purpose of this paper is to explore and evaluate the problems encountered by five major road projects recently implemented in Greece as public–private partnerships (PPP) and make recommendations for improvement of the relevant managerial practices and contractual clauses for the benefit of similar future projects. Design/methodology/approach A qualitative approach was adopted in this research as only senior engineers with specific managerial experience were deemed suitable for the purposes of this research. In total, 15 semi-structured interviews were conducted with CEOs of the PPPs and heads of independent engineers involved in the projects’ implementation as well as with senior officials of two Greek Ministries. Findings The experts identified different areas of weakness relevant to the revenue risks, the planning of the scope, the management of designs and legal permits as well as the toll policy selected. They also made specific recommendations for the streamlining of the relevant procedures in the future. Practical implications The experts’ opinions and recommendations constitute a solid basis for the achievement of higher efficiency in the management of future PPP projects worldwide. Originality/value This research offers a holistic perspective to PPP project management as it sheds light to the problems encountered by the Greek PPP programme as a whole and incorporates the experience gained at the contracts’ renegotiation. The research draws from the experience of experts and offers recommendations for systemic improvements which can be widely applied in any geographical context.
      Citation: Built Environment Project and Asset Management
      PubDate: 2019-03-06T02:12:19Z
      DOI: 10.1108/BEPAM-01-2018-0021
       
  • Suitability of public-private-partnership procurement method for road
           projects in Sri Lanka
    • First page: 199
      Abstract: Built Environment Project and Asset Management, Ahead of Print.
      Purpose Governments of many developing countries that are unable to develop their infrastructure in order to obtain financial resources prefer to establish public–private partnerships (PPPs) for providing the much-required infrastructure. Time is thus opportune for Sri Lanka, which is also a developing country, to make use of PPPs to develop its road network. The purpose of this paper is, therefore, to identify the PPP models that suit road construction in Sri Lanka. Design/methodology/approach The study used a mixed approach. The characteristics of road construction, procurement selection factors to be considered in road construction, and the different PPP models that can be used for such procurements were identified through a comprehensive literature synthesis. The findings were validated using expert interviews. A questionnaire survey identified the PPP models that suit road construction in Sri Lanka. The most suitable model among them was identified by ranking the PPP models using procurement selection factors. Findings Build–Own–Operate–Transfer was identified as the PPP model that best suits road construction in Sri Lanka. However, investors may not find it attractive because of its high payback period, a result of the low traffic volume in Sri Lanka. Therefore, a PPP model that involves road construction alone will not be feasible in Sri Lanka. It will have to include the construction of other infrastructure as well. Originality/value The study identifies a PPP model that best suits the road construction projects in Sri Lanka.
      Citation: Built Environment Project and Asset Management
      PubDate: 2019-03-01T08:48:23Z
      DOI: 10.1108/BEPAM-01-2018-0007
       
  • Recommendations and guidelines for implementing PPP projects
    • First page: 262
      Abstract: Built Environment Project and Asset Management, Ahead of Print.
      Purpose The purpose of this paper is to propose recommendations and guidelines for the initiation phase of a public–private partnership (PPP), focusing on the electricity sector in Brazil. Design/methodology/approach A literature review allowed gathering international best practices, while brainstorming meetings and document research permitted acquiring data from the Brazilian electricity sector through a multiple case study of 12 projects. By applying benchmarking principles to compare findings, the paper proposes guidelines and recommendations, which culminated in a final framework for implementing PPPs. Findings The created framework structures a series of recommendations with application in PPP projects. Also, the paper gathers worldwide best practices, which could increase the rate of success by avoiding problems throughout the other phases of a PPP project. Research limitations/implications This paper addresses the electricity sector. Due to the singularity of such infrastructure enterprises, it is possible that the framework suggested is not entirely applicable to other enterprises, being a suggestion for future studies to perform an adherent test. Also, validating this framework is not in the scope of this project. Practical implications The use of a framework on PPP implementations brings attention to necessary efforts on previous phases of projects, which can avoid financial and technical problems, improving the reliability of PPPs. Originality/value The application of guidelines and recommendations on the electricity sector has not appeared with such focus in previous studies. The paper provides a practical manner to upgrade the process and suggests a model for implementing PPPs.
      Citation: Built Environment Project and Asset Management
      PubDate: 2019-03-06T02:15:50Z
      DOI: 10.1108/BEPAM-01-2018-0016
       
  • Influential factors of life cycle management in education PFI projects
    • First page: 302
      Abstract: Built Environment Project and Asset Management, Ahead of Print.
      Purpose It has been claimed that the private finance initiative (PFI) provides value for money in the overall life of the project through the lifecycle costing (LCC) process under the umbrella of lifecycle management (LCM). The available literature points to the fact that LCC is very important in getting value for money from PFI projects. However, there is no literature available on the effect of the use of LCM in PFI projects in the UK. Therefore, the purpose of this paper is to explore the factors that influence the success of LCM in educational PFI projects. Design/methodology/approach The paper adopts a post-positivist approach to literature review. Purposive sampling is utilised with a mixed methodological approach. 6 qualitative inductive interviews offer key themes, which are further investigated using quantitative deductive questionnaires, of which 35 were issued and 26 were returned. Findings The paper provides empirical insights about the key success factors of LCM in the education sector. The results highlight the necessity of quality standardized data collection in a big data form. It highlights the need for a cultural shift from short- to long-term profit maximisation and service provision by the use of LCM in the PFI education sector. Research limitations/implications A purposive sample was used to maximise the validity of data collection. Although this method has garnered concise and clear results, it is understood that this study is limited into a niche sector and a set of subsequently niche professionals. It is recommended that a larger sample be utilised and the spectrum of PFI sectors be opened up to further explore the topic. Practical implications Further investigations across different sectors of PFI project may be viewed as a good comparison, sectors such as health, accommodation and prisons. Gathering responses across all sector types could have resulted in a greater number of responses received and offer greater validity to this study. Social implications While key success factors are clearly identified, fragmentation is seen as a barrier to the wholesale collection of such data. The responsibility, obligation to collect data for the benefit of future projects is not a priority for SMEs with little or no incentive to consider the progression of the sector. Albeit, there is evidence of one particular successful constructor/SPV, which is consolidating their business and are experiencing greater and sustained success. Originality/value This paper identifies previously unknown key influencing factors of success for educational PFI projects in relation to LCM.
      Citation: Built Environment Project and Asset Management
      PubDate: 2019-03-15T08:15:59Z
      DOI: 10.1108/BEPAM-02-2018-0043
       
  • Ex post impact evaluation of PPP projects: an exploratory research
    • First page: 315
      Abstract: Built Environment Project and Asset Management, Ahead of Print.
      Purpose The purpose of this paper is to explore, in literature and practice, the use of ex post impact evaluations within the public–private partnership (PPP) context and understand the major considerations for developing a PPP ex post impact evaluation method. Design/methodology/approach This paper applies exploratory research through expert interviews from Chile and Australia to describe: the relevance of this kind of evaluation, and the challenges of designing and conducting a PPP ex post evaluation. Findings The study confirms the lack of a formal method for evaluating the impact of a PPP project. Experts agree on the relevance of performing ex post evaluations to PPP projects and that in practice there is no formal procedure to follow. Among other challenges, experts discussed four general ex post evaluation aims: transparency and accountability, PPP legitimization, industry learning and government agency learning. Research limitations/implications This study confirms the gap in knowledge and contributes to the developments of approaches to perform ex post impact evaluation of PPP projects. It also provides several suggestions that need to be addressed when attempting to evaluate PPPs beyond the financial and contractual parameters. Originality/value The topic is not fully addressed in the literature, and this study contributes to the initial discussion and development of this evaluation method, which is considered significant for the development of public infrastructure.
      Citation: Built Environment Project and Asset Management
      PubDate: 2019-03-21T12:21:10Z
      DOI: 10.1108/BEPAM-01-2018-0036
       
 
 
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