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Identifying Critical Success Factors of Public Private Partnership Projects in Türkiye

Year 2024, Volume: 28 Issue: 1, 30 - 50, 29.02.2024
https://doi.org/10.16984/saufenbilder.1334483

Abstract

Public private partnerships (PPPs) have become increasingly common as a result of states' shifting roles in infrastructure services from service providers and operators to policymakers and regulators. PPPs have been established as a prominent technique of public service procurement in both developed and developing countries. PPPs give the parties the opportunity to split the costs and risks of providing a public service or building a public infrastructure. Successful project management is crucial, especially in light of PPP projects' size and complexity. This study investigates the critical success factors (CSFs) of PPP investments in developing countries. In this regard, 23 CSFs were selected based on a thorough literature review, and a questionnaire survey was run to examine the impact of those factors on PPP performance. The information is gathered from 82 different companies in Türkiye that represent both the public and private sectors. The statistical analysis results show that favorable legal framework, detailed and clear project identification, and extensive cost-benefit assessment are the most significant drivers of success. Additionally, factor analysis is used on the data to investigate and identify underlying correlations between the factors, as well as to categorize them into fewer, more focused, and more thorough factors. The results of factor analysis suggest five dimensions; namely project finance, project management, operational factors, procurement, and organizational factors. The study's findings are anticipated to benefit both the public sector in its focus on legal concerns to permit better operation and the contractors in its examination of their capacity to manage big projects more effectively.

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Year 2024, Volume: 28 Issue: 1, 30 - 50, 29.02.2024
https://doi.org/10.16984/saufenbilder.1334483

Abstract

References

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There are 85 citations in total.

Details

Primary Language English
Subjects Civil Engineering (Other)
Journal Section Research Articles
Authors

Elif Durna 0009-0005-0935-706X

Beliz Özorhon 0000-0002-4963-6937

Semih Caglayan 0000-0003-2052-0954

Early Pub Date February 27, 2024
Publication Date February 29, 2024
Submission Date July 29, 2023
Acceptance Date October 30, 2023
Published in Issue Year 2024 Volume: 28 Issue: 1

Cite

APA Durna, E., Özorhon, B., & Caglayan, S. (2024). Identifying Critical Success Factors of Public Private Partnership Projects in Türkiye. Sakarya University Journal of Science, 28(1), 30-50. https://doi.org/10.16984/saufenbilder.1334483
AMA Durna E, Özorhon B, Caglayan S. Identifying Critical Success Factors of Public Private Partnership Projects in Türkiye. SAUJS. February 2024;28(1):30-50. doi:10.16984/saufenbilder.1334483
Chicago Durna, Elif, Beliz Özorhon, and Semih Caglayan. “Identifying Critical Success Factors of Public Private Partnership Projects in Türkiye”. Sakarya University Journal of Science 28, no. 1 (February 2024): 30-50. https://doi.org/10.16984/saufenbilder.1334483.
EndNote Durna E, Özorhon B, Caglayan S (February 1, 2024) Identifying Critical Success Factors of Public Private Partnership Projects in Türkiye. Sakarya University Journal of Science 28 1 30–50.
IEEE E. Durna, B. Özorhon, and S. Caglayan, “Identifying Critical Success Factors of Public Private Partnership Projects in Türkiye”, SAUJS, vol. 28, no. 1, pp. 30–50, 2024, doi: 10.16984/saufenbilder.1334483.
ISNAD Durna, Elif et al. “Identifying Critical Success Factors of Public Private Partnership Projects in Türkiye”. Sakarya University Journal of Science 28/1 (February 2024), 30-50. https://doi.org/10.16984/saufenbilder.1334483.
JAMA Durna E, Özorhon B, Caglayan S. Identifying Critical Success Factors of Public Private Partnership Projects in Türkiye. SAUJS. 2024;28:30–50.
MLA Durna, Elif et al. “Identifying Critical Success Factors of Public Private Partnership Projects in Türkiye”. Sakarya University Journal of Science, vol. 28, no. 1, 2024, pp. 30-50, doi:10.16984/saufenbilder.1334483.
Vancouver Durna E, Özorhon B, Caglayan S. Identifying Critical Success Factors of Public Private Partnership Projects in Türkiye. SAUJS. 2024;28(1):30-5.