Factors Affecting the Success/Failure of Road Infrastructure Projects Under PPP in India
Journal of Construction Engineering and Project Management, Vol 7, No. 4, pp 1-12
12 Pages Posted: 7 Aug 2018
Date Written: December 29, 2017
India has accorded a high priority to road infrastructure development through Public-Private Partnership (PPP) and it has set a high target for investment inflows. Yet, it is widely held that road/highway infrastructure has not been developing at required pace and that the road infrastructure projects under PPP have been suffering from several hurdles and delays, thereby affecting project success/failure. This paper is an attempt to analyze the critical success/failure factors of road infrastructure projects under PPP in India. A questionnaire survey was conducted among a sample of the stakeholders of road infrastructure projects to identify the critical success/failure factors during all four major project stages using different approaches. Initially, the critical factors were identified through ranking based on the average/mean score. Later, the conventional RII score was used to identify the critical success/failure factors. Finally, the critical success/failure factors were also identified based on the stakeholder-wise ranking of the factors and their convergence. The assessment revealed that there was a greater convergence across the different methods and also that there was greater consensus among project stakeholder on the critical success/ failure factors of road PPP projects.
Keywords: Road Infrastructure, Highway Development, PPP Projects, Critical Success/Failure Factors, Project Stakeholder
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