Establishing the Public Private Partnership (PPP) Framework

Описание к видео Establishing the Public Private Partnership (PPP) Framework

How to tackle complexity in PPP projects?

When working with something that is complex just like the Public-Private Partnership scheme, what is needed is structure, and one way to establish structure is by putting in place a framework. A framework can help organizations or teams to work in full compliance with standardized best practices or guidelines that is structured.

A PPP framework is best understood as the established procedures, rules and institutional responsibilities that determine how the government selects, implements and manages PPP projects. Although some PPPs can also be implemented on a one-off basis without any specific framework. However, most PPPs are technically complex, involving numerous stakeholders, each with conflicting objectives, which requires a well-designed PPP framework to ensure that the objectives of the public and private sector are aligned and procedures, rules and good PPP practices can be established.

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