Methodical Approach to Risk Management in the Public-Private Partnership Projects
Journal Title: Бізнес Інформ - Year 2015, Vol 10, Issue 0
Abstract
The article presents an analysis of the structural elements of the available in Ukraine risk management methods related to public-private partnership (PPP). The review identified a number of discrepancies and gaps in the analysis of the PPP risks. Taking into consideration the research results, has been proposed to expand the range of possibilities for risk management up to five parameters (partners, processes, tools, structure and information) to provide an optimization of decision-making in the allocation of risks between the partners. The author specifies the need to take into account the behavioral aspect in the qualitative assessment of the PPP risks. In particular, the indicators have been identified, which contribute to an effective examination of the risk perception level by the PPP parties. The importance of understanding the essence of concept of «risks associated with PPP» by the partners is emphasized. Based on consideration of various approaches to definition of the essence of concept of «risks associated with PPP», a clarification has been made as well as a new vision for the content of the concept has been formulated. A conducted system analysis of the risk classifications has provided for compiling a typology of risks associated with PPP. A methodology for management of the PPP risks has been proposed, which takes account of the above listed aspects and summarizes the available methods.
Authors and Affiliations
Larysa Afanasieva
Keywords
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