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Journal of Engineering, Project, and Production Management, 2020, 10(1), 27-34

 

A Life-Cycle Framework for Managing Risks in Public Private Partnership Housing Projects

 

Yakubu N. Sanda1, Natalia A. Anigbogu2, Lura Y. Nuhu3, and Ola S. Olumide4

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
3Lecture II, Department of Estate Management, Faculty of Environmental Sciences, University of Jos, Nigeria

 

Project Management

 

Received September 24, 2019; revised November 5, 2019; accepted November 5, 2019

 

Available online November 17, 2019

 

Abstract: Public private partnership projects have been adjudged to contain more risks than traditionally procured projects due to more number of parties involved and their varying interests. These risks affect the achievement of projects objectives and therefore need to be identified and treated to guarantee project success. This paper developed a life cycle framework for managing risks in PPP housing projects in Nigeria. The respondents were selected using purposeful sampling technique. The data used for the study were obtained through semi-structured questionnaire and were analysed using mean rating. Risk transfer was found to be the widely used measure for responding to risks in PPP housing projects. The criteria mostly used for risk allocation were party with the best ability to manage specific risks should they occur and ability of the party to foresee risks. A four-stage life cycle framework was developed, evaluated and validated by experts in the built environment to ascertain its reliability. The framework is recommended for PPP housing projects in Nigeria.

 

Keywords: Life-cycle, framework, risk management, housing, public private partnership.

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., Nuhu, L. Y., and Olumide, O. S. (2020). A Life-Cycle Framework for Managing Risks in Public Private Partnership Housing Projects. Journal of Engineering, Project, and Production Management, 10(1), 27-34.

DOI: 10.2478/jeppm-2020-0004
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