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Castell, L (2008) Adapting building design to access by individuals with intellectual disability. Construction Economics and Building, 8(01), 11-22.

Li, J and Zou, P (2008) Risk identification and assessment in PPP infrastructure projects using fuzzy analytical hierarchy process and life-cycle methodology. Construction Economics and Building, 8(01), 34-48.

  • Type: Journal Article
  • Keywords: PPP; infrastructure; fuzzy anaylytical hierarchy method; risk management; life cycle
  • ISBN/ISSN: 1445-2634
  • URL: https://doi.org/10.5130/AJCEB.v8i1.2996
  • Abstract:
    To fulfil the increasing demands of the public, Public Private Partnership (PPP) has been increasingly used to procure infrastructure projects, such as motor ways, bridges, tunnels and railways. However, the risks involved in PPP projects are unique and dynamic due to large amounts of investment and long concession periods. This paper aims to develop a risk identification framework from the perspectives of project life cycle, and an assessment framework for risks associated with PPP projects using fuzzy analytical hierarchy process (AHP). First the paper reviews the current literature to identify common risks in PPP infrastructure projects and classification methods used. The risks identified from the literature were classified using project life cycle perspectives. Following that, the paper presents the advantages of fuzzy AHP. Furthermore, the paper provides a framework for assessment of risks in PPP projects followed by an illustrative example where the data was obtained from survey questionnaires. The paper concludes that risks associated with PPP infrastructure projects are unique and therefore it is beneficial to classify them from project life cycle perspectives, and the proposed fuzzy AHP method is suitable for the assessment of these risks.

Oo, B, Drew, D and Lo, H (2008) Comparing contractors' decision to bid in different market environments. Construction Economics and Building, 8(01), 1-10.

Slater, R and Radford, A (2008) Perceptions in the Australian building industry of deficiencies in architects' design documentation and the effects on project procurement. Construction Economics and Building, 8(01), 23-33.

Towner, M and Baccarini, D (2008) Risk pricing in construction tenders - how, who, what. Construction Economics and Building, 8(01), 49-60.