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Title: Pathways to Project Delivery Success and Failure in Indian Road PPP Projects
Accession Number: 01598965
Record Type: Component
Abstract: Large infrastructure projects often experience project delivery failures where schedule and cost overruns occur. These project overruns curtail the effectiveness of the available economic resources and limit the potential growth of an economy. The Indian road sector continues to be plagued by them, even after the advent of Public Private Partnerships (PPPs) in the late 90s. The particular causes of project delivery performance in road PPP projects in India remain to be clearly understood, which arouse the need for this study. The work aims to identify the parameters that are conditions for the occurrence of success or failure of project delivery of road PPP projects. Using Fuzzy set Qualitative Comparative Analysis (FS/QCA), pathways to project delivery success or failure of road PPPs are identified through investigation of data assembled from various sources on 21 operational road PPP projects of India. Specifically, projects having characteristics of high equity investment by concessionaires with low regional industrial activity (measured through adjusted SDP) lead to project delivery success. Projects having characteristics of less concessionaire equity investment with low reliance on toll revenue and with either (a) high project technical complexity or (b) high regional industrial activity, lead to project delivery failure. Furthermore, the study essentially illustrates that the occurrence of success or failure of road PPP projects is generally derived from multiple causal factors which interact with each other along different pathways. This research provides a tool to aid essential project stakeholders in better understanding of project complexities and key project elements that affect project delivery success.
Supplemental Notes: This paper was sponsored by TRB committee ABE10 Standing Committee on Revenue and Finance.
Monograph Title: Monograph Accession #: 01584066
Report/Paper Numbers: 16-5104
Language: English
Corporate Authors: Transportation Research Board 500 Fifth Street, NW Authors: Goenka, NitishVasudevan, VinodGarvin, MichaelPagination: 19p
Publication Date: 2016
Conference:
Transportation Research Board 95th Annual Meeting
Location:
Washington DC, United States Media Type: Digital/other
Features: Figures; References; Tables
TRT Terms: Geographic Terms: Subject Areas: Administration and Management; Construction; Finance; Highways; Planning and Forecasting
Source Data: Transportation Research Board Annual Meeting 2016 Paper #16-5104
Files: TRIS, TRB, ATRI
Created Date: Jan 12 2016 6:14PM
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