PPP projects are very `involved with large financial outputs and results. The projects cover infrastructure, power generation, utilities all of which should be performed efficiently and in a sustainable manner. Hence these projects involve major challenges that need to be overcome to deliver a successful project. The achievement or failure of a project will depend on many determinants and the study of case studies included in this training will help guide participants on the dos and don’ts of successful PPP project performance and implementation.
Good project development is fundamental to a successful PPP project. The concept of PPP obligates a more collaborative connection between both sectors, fostered by openness and trust. This presents a major shift from the traditional arms-length approach to procuring services and executing projects. Well designed, feasible projects attract greater interest amongst potential investors and demonstrate the potential benefits of taking the project forward to the procurement phase. Therefore, PPP projects critically require specially trained personnel who possess a deep understanding of the many different constraints involved and who display extensive knowledge of how to prepare and commence a PPP project.