DOI: https://doi.org/10.21847/1728-9343.2013.1(121).13404

PEST-classification of risks of public-private partnership

Illia Brailovskyi

Abstract


In the article describes one of the perspective types classification of the risks public-private partnership - PEST-classification. In the text describes informative content of this classification for the conditions of Ukraine. The analysis includes: political, economic, socio-cultural and technical risks. In the article defined priorities the public and the private partner in the distribution of risks. Also constructed a standard matrix of risk by categories within PEST. According to the author, PEST-classification could help in the clustering of risk according to their causes, because groups of risks are free from excess. It can be used to provide a basis for the development system of the standardization risks

Keywords


public-private partnership (PPP); classification; risks; PEST-classification

References


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Fischer K. Указ. праця.

Fischer K. Указ. праця.

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Deviprasadh A. (2007), Risk assessment and management in construction projects. Anna University, available at: http://www.scribd.com/doc/14565333/Risk - Assessment - and - Management - in - Construction - Projects - Full - Thesis accessed.

Fischer K. and Alfen H. W. (2009), “Incentive and payment mechanisms as part of risk management in PPP contracts”, Journal of Interdisciplinary Property Research, Vol. 1, pp. 5-25.

Ibid.

Ibid.

Gooch T. (2000), “Object Oriented Analysis and Design Team”, Kennesaw State University, available at: http://atlas.kennesaw.edu/~dbraun/csis4650/A&D/index.htm.

Han S.H. and Diekmann J. (2004), «Judgment - based cross - impact method for predicting cost variance for highly uncertain projects», Journal of Construction Research, 5 (2), рр. 171-192.

Iyer K. and Sagheer M. (2010), “Hierarchical Structuring of Public Private Partnerships Risks Using Interpretative Structural Modeling”, Journal of Construction Engineering and Management, 136 (2), рр. 151-159.

Li Binga, A. Akintoye, P. J. Edwards and C. Hardcastlea (2004), «The allocation of risk in PPP/PFI construction projects in the UK», International Journal of Project Management, 23, рр. 25-35.


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