Critical Success Factors in Operation Phase of Private Finance Initiative (PFI) Projects

Abstract

Private Finance Initiative (PFI) is a collaboration between private and public sector in procuring public infrastructure projects begin with designing until the operational phase. The notion has existed in Malaysia since 1980s and trend would have been maintained to the present day. The schemes have unveiling by Malaysian government with aimed to enhancing the efficiency and quality of public infrastructure projects. However, there are some criticism arises during the operational related to the quality of the service delivery had been provided by the facilities management Contractors (FMC). Hence, the aim of this paper is to cultivate the significant success factors in operation phase in order to upsurge the effectiveness of PFI projects. Nine critical factors of operational phase has been identified through in depth analysis of case study via semi structured interviews. The research output is expected to assists the FMC to identify success factors during the operational phase, which could be reinforcing the quality of the service delivery performance of PFI projects.

Authors and Affiliations

Kharizam Ismail, Yuhainis Abdul Talib, Noraini Salleh, Afiqah Japri

Keywords

Related Articles

The Influence of Islamic Work Ethics on the Magnitude of Organizational Culture’s Effect on SME Performance in Nigeria: A Conceptual Framework

The performance of SME is a powerful engine that propels the growth and development of a nation. This is because majority of the businesses in various countries consist of SME and thus contribute immensely to the product...

Motives for Practicing Active Sport Tourism by Students of Tourism and Recreation Degree Course

The decisions made by tourists, connected with the trip outside the place of residence as well as choice of destination are related to fulfilling different types of needs. Research of the motives of undertaking tourist a...

The Role of Multilingualism in Enhancing Tourism Sector in Malaysia

Multilingualism is the use of two or more languages, either by an individual speaker or by a community of speakers. The diversity of languages and cultures is regarded as a good thing that ought to be embraced at all tim...

Assessment of Quality of Life on Fishermen Community in Kuala Terengganu, Malaysia: A Review

This study discusses about the level of quality of fishermen living in Kuala Terengganu, Malaysia. The issue of quality of life of fishermen in Kuala Terengganu is very important to improve the average of quality of life...

Inflation Rates and Inflation Uncertainty in Africa: A Quantile Regression Approach

Inflation and its associated uncertainty impose costs on real economic output in every economy. In developing economies, this welfare cost is higher than those obtainable in developed countries because inflation rate is...

Download PDF file
  • EP ID EP527707
  • DOI 10.6007/IJARBSS/v8-i1/3894
  • Views 95
  • Downloads 0

How To Cite

Kharizam Ismail, Yuhainis Abdul Talib, Noraini Salleh, Afiqah Japri (2018). Critical Success Factors in Operation Phase of Private Finance Initiative (PFI) Projects. International Journal of Academic Research in Business and Social Sciences, 8(1), 879-888. https://europub.co.uk/articles/-A-527707