Author Description

This dissertation, "Satisfying All Stakeholders in Evaluating the Feasibility of Public-private Partnership Projects: a Structural Equation Model Approach" by Man-wah, Wong,, was obtained from The University of Hong Kong (Pokfulam, Hong Kong) and is being sold pursuant to Creative Commons: Attribution 3.0 Hong Kong License. The content of this dissertation has not been altered in any way. We have altered the formatting in order to facilitate the ease of printing and reading of the dissertation. All rights not granted by the above license are retained by the author. Abstract: Abstract of thesis entitled Satisfying all Stakeholders in Evaluating the Feasibility of Public-Private Partnership Projects: A Structural Equation Model Approach Submitted by Wong Man Wah for the degree of Master of Philosophy at the University of Hong Kong in August 2006 Public-Private Partnership (PPP) is an increasingly popular procurement option used by governments over the world for infrastructure project delivery. As most PPP projects are in a sizeable scale and often involve the provision of essential public services, it is of vital importance to ensure that the projects are feasible at the outset. While many studies had been carried out by researchers to identify the Critical Success Factors (CSFs) of PPP projects at the implementation stage, it is more important for decision-makers to evaluate comprehensively the feasibility of adopting the PPP approach prior to the initiation of this kind of procurement process in order to increase the probability and level of overall project success. Rather than merely collaboration between the public and private sectors as its name implies, PPP is a "tripartite partnership" between the public sector, private sector as well as the general public. A PPP project is considered successful only if all of the three parties are satisfied with the project outcomes. Therefore it is important that a feasibility evaluati