Dealing with Uncertainty in Infrastructure Public-Private Partnership Projects

Doctoral thesis (2022)

Authors

H.C. Demirel Integral Design & Management - CEG
Research Group
Integral Design & Management (CEG) (TU Delft)
Copyright: © 2022 H.C. Demirel
DOI
help_outline
https://doi.org/10.4233/uuid:4df455e4-3f65-497b-bcd4-fa9baf1351fa
More Info
expand_more

Published Date

2022

Language

English

Reuse Rights

Other than for strictly personal use, it is not permitted to download, forward or distribute the text or part of it, without the consent of the author(s) and/or copyright holder(s), unless the work is under an open content license such as Creative Commons.

Faculty

Civil Engineering & Geosciences

Department

Materials- Mechanics- Management & Design

Research Group

Integral Design & Management

Abstract

This research concerns dealing with uncertainty in infrastructure Public-Private Partnership (PPP) projects. PPPs comprise a network of actors or organizations in mutual relationships regulated by contracts. These contracts arrange a division of tasks and responsibilities between contracting parties, and they allocate risks and uncertainties. Where risk is a calculable event concerning probability and consequence, uncertainty is the unclear future state in which there is no possibility of placing a numerical probability or calculating the possible effect on an impactful event occurring. Uncertainties are inevitable in infrastructure PPPs because of the dynamic environment in which PPPs usually are implemented and the complex structure of their arrangements. Moreover, the long-term nature of the contracts increases exposure to uncertainty over the life-cycle of the project...