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Informationen zum Autor Halim Boussabaine, School of Architecture, University of Liverpool Klappentext The complexity of public-private partnership project procurement requires an effective process for pricing, managing and appropriate allocation of risks. The level at which risk is priced and the magnitude of risks transferred to the private sector will have a significant impact on the cost of the PPP deals as well as on the value for money analysis and on the section of the optimum investment options.The construction industry tends to concentrate on the effectiveness of risk management strategies and to some extent ignores the price of risk and its impact on whole life cost of building assets. There is a pressing need for a universal framework for the determination of fair value of risks throughout the PPP procurement processes.Risk Pricing Strategies for Public-Private Partnership Projects addresses the issues of risk pricing and demonstrates the use of a coherent strategy to arrive at a fair risk price. The focus of the book is on providing risk pricing strategies to maximise return on risk retention and allocation in the procurement of PPP projects. With its up-to-date coverage of the latest developments in risk pricing and comprehensive treatment of the methodologies involved in designing and building risk pricing strategies, the book offers a simple model for pricing risks.The book follows a thematic structure: PPP processes map; Risk, uncertainty and bias; Risk pricing management strategies; Risk pricing measurement and modelling; Risk pricing at each of the project life cycle stages - and deals with all the important risk pricing issues, using relevant real-world situations through case study examples. It explains how the theory and strategies of risk pricing can be successfully applied to real PPP projects and reflects the broad understanding required by today's project risk analysts, in their new and important role in PPP contract management. Zusammenfassung Presenting a simple methodology to risk pricing in PPP, Risk Pricing Strategies for Public-Private Partnership Projects provides up-to-date coverage of the latest developments in risk pricing strategies and presents a comprehensive treatment of the methodologies involved in designing and building risk pricing models. Inhaltsverzeichnis Preface ix Chapter 1 Mapping of the PPP's Processes and Concepts 1 1.1 Introduction 1 1.2 Rationale for PPPs 2 1.3 key stages in the PPP procurement process 7 1.4 Financing PPP projects 12 1.5 Rationale for value for money and risk transfer in PPPs 16 1.6 PPP project structure 19 1.7 Payment mechanisms in PPPs 25 1.8 PPP emerging issues 28 1.9 Summary 29 References 30 Chapter 2 Uncertainty in Pricing Risk 31 2.1 Introduction 31 2.2 Concepts of Risk and uncertainty 31 2.3 Relationship between risk and uncertainty 44 2.4 Attitudes to risk and uncertainty 46 2.5 Variability and uncertainty 48 2.6 Quantifying uncertainties in risk pricing 50 2.7 Taxonomies of uncertainty 53 2.8 Pricing risk under uncertainty 54 2.9 Summary 55 References 55 Chapter 3 Bias in Risk Pricing 59 3.1 Introduction 59 3.2 Risk bias theories 60 3.3 Sources of bias 66 3.4 Managing bias 81 3.5 Summary 87 References 87 Chapter 4 Management Strategies for Risk Pricing 91 4.1 Introduction 91 4.2 Principles of risk pricing strategies 92 4.3 Risk pricing management strategies 95 4.4 Value gain and loss from risk retention 97 4.5 Risk retention analysis 100 4.6 Resources capability for risk control 103 4.7 Summary 105 References 106 Chapter 5 Framework for Pricing PPP Risks 107 5.1 Introduction 107 5.2 ...
