Home

  Editors

  Ethics

  Submission

  Volumes

  Indexing

  Copyright

  Fees

  Subscription

  Publisher

  Support

  EPPM

Journal of Engineering, Project, and Production Management, 2020, 10(1), 42-49

 

Critical Risk Factors Associated with Public Private Partnership Housing Projects

 

Yakubu N. Sanda1, Natalia A. Anigbogu2, Ezekiel A. Rugu3, and Laraba Y. Babas4

1Senior Lecturer, Department of Estate Management, Faculty of Environmental Sciences, University of Jos, Nigeria. P.M.B. 2084. Email: sanda_yakubu@yahoo.com (corresponding author).
2Professor, Department of Building, Faculty of Environmental Sciences, University of Jos, Nigeria.
3Lecturer II, Department of Quantity Surveying, Faculty of Environmental Sciences, University of Jos, Nigeria.
4Lecturer, Department of Estate Management & Valuation, Abubakar Tatari Ali Polytechnic Bauchi, Nigeria.
 

 

Project Management

 

Received August 9, 2019; revised November 16, 2019; accepted November 18, 2019

 

Available online December 8, 2019

 

Abstract: Studies have shown that project risks are responsible for the failure of most Public Private Partnership (PPP) projects. The study examined the critical risk factors associated with PPP housing projects. Data for the research was obtained through a questionnaire. The data were analysed using descriptive statistics and mean ratings. Corruption and bribery among contracting parties (0.681), Exchange rate volatility (0.621) Availability of development funds (0.599) and Change in government (0.580) were the critical risk factors identified. The study also indicated that project cost is highly influenced by lack of development funds and changes in interest rates. The quality of PPP housing projects in Abuja was found to be influenced by partner selection risks. The study suggested a competitive, transparent, and efficient bid process to eliminate corruption, workable strategies for ensuring the availability of development funds at a cheaper rate and adopting mixed strategy in which government continues to provide social housing to the low-income class while providing the enabling environment for the private sector to thrive.

 

Keywords: Critical, risks, PPP, housing, projects.

Copyright © Association of Engineering, Project, and Production Management (EPPM-Association).

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.

Requests for reprints and permissions at eppm.journal@gmail.com.

Citation: Sanda, Y. N., Anigbogu, N. A., Rugu, E. A., and Babas, L. Y. (2020). Critical Risk Factors Associated with Public Private Partnership Housing Projects. Journal of Engineering, Project, and Production Management, 10(1), 42-49.

DOI: 10.2478/jeppm-2020-0006
Full Text


Copyright © EPPM-Association. All rights reserved.