Public-Private Partnership Project Risk Management in Education Industry

Meng, Jinglei; Xiu, Guoyi; Qian, Fan

The risk management approach includes a combination of expert review with the use of an analytic hierarchy process that situates PPP risk indexes at the macro, meso, and micro levels. After describing the structural organisation of the PPP project, the authors provide a unique risk management model and illustrate its operationalisation in the context of one PPP in China. The results indicate that the model can strictly control project risk and ensure the quality and construction duration of the PPP and the interests of investors, ultimately improving the project’s success rate.

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