Journal
PROJECT MANAGEMENT JOURNAL
Volume 48, Issue 4, Pages 80-92Publisher
SAGE PUBLICATIONS INC
DOI: 10.1177/875697281704800407
Keywords
public-private partnerships; success criteria; project success; Ghana; Hong Kong; developing economy; developed economy
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Funding
- Hong Kong PhD Fellowship Scheme from the Research Grants Council (RGC) of the Hong Kong Special Administrative Region
- Hong Kong Polytechnic University, Hong Kong
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The criteria for measuring the success of public-private partnership (PPP) projects have become very topical because of the global interest in PPP project success. This article empirically investigates the differences and similarities of PPP project success criteria in developing and developed economies, represented by Ghana and Hong Kong, respectively. Results reveal profitability, meeting output specifications, and adherence to budget as the top three success criteria in Ghana, whereas adherence to budget, adherence to time, and effective risk management are considered more important in Hong Kong. The findings inform practitioners of the success measures considered in PPP in developing and developed countries.
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