6533b7d1fe1ef96bd125c5ce

RESEARCH PRODUCT

Looking at the public private partnerships and the traditional way of construction of projects

subject

description

Masteroppgave i økonomi og administrasjon - Universitetet i Agder 2010 There has been increasing demand for infrastructure development and service delivery both in developed and developing countries. The traditional way of construction of projects continue to be used in Ghana which results in cost and budget overruns, delays in delivering projects, abandoned projects for lack of finance, lack of quality and increase in the level of corruption among heads and leaders of institutions who see to the implementation of government projects. The study aims to find other possible and relevant alternative in establishing projects and hence look at the Public Private Partnerships (PPP) and the traditional way of construction of projects. The methodology that I used in the research study was more of qualitative approach specifically a case study design in addition to other methods in gathering data which included interviews and documents to obtain enough findings about reasons leading to government projects constructed not within budgets, on time and are of good quality. The theoretical framework of contract model and contracting strategies which dealt with projects delivered on owner`s objectives and goals, guided the data analysis. The study found that the government alone could not deliver effective and valuable deliverables. The traditional construction of projects did not produce deliverables in a timely and cost effective manner. There should be another alternative of construction of project which could reduce the challenges to the barest minimum Hence the research argues for a change in the standard way of construction of projects. With the introduction of Public Private Partnerships in Ghana a developing nation, the private contractor would design, build, finance, operate and transfer the project deliverables to the government. The partner could also supply some public services more effectively, cheaper and more reliably than the public sector.