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Critical success criteria for retirement village public – private partnership housing

Access to new resource related to public-private partnership projects added to PMWL

 

 

Resource provided by Diana Serikbay

12 July 2022 – Almaty, Kazakhstan – Access to a new resource has been added to the PM World Library (PMWL) related to Public Private Partnership projects. The new resource is titled “Critical success criteria for retirement village public – private

partnership housing” and is a paper by Robert Osei-Kyei, Timur Narbaev, Michael Atafo-Adabre, Nicholas Chileshe, Joseph Kwame Ofori-Kuragu published in Construction Innovation Journal in June 2022.

In this article, the authors consider the growing problems of pension provision due to the demand for villages for people of retirement age; PPP is an effective method for the development of these villages. The authors reviewed previous studies on the use of key success criteria previously applied in PPPs. After the review, the authors developed a list of 16 main criteria for PPP retirement village projects. For reliability, a pilot study was conducted, which confirmed the applicability of these criteria, on the basis of which the questionnaires were compiled. The authors conducted an empirical survey, which involved experts who have experience in working with international PPP retirement village projects. To participate in this study, the authors selected 320 experts according to certain criteria.

As a result, the authors found that of the 16 key success criteria, 3 criteria are the most significant. A set of success criteria in evaluating the effectiveness of PPPs in retirement village projects is a useful indicator. The information provided by the authors will be useful during negotiations for developers and interested parties of PPP retirement village projects.

To access this new resource, go to the Advanced / Hot Topics section of the library at https://pmworldlibrary.net/advanced-hot-topics-in-ppm/, scroll down and click on “Public Private Partnerships”, scroll down to resource. Must be a registered member and logged-in to access. If you are not registered, please consider the FREE Trial Membership.

This new resource provided through the PMWL university research internship program; to learn more, click here

 

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