- "Project management is the process of leading the work of a team to achieve all project goals within the given constraints."
Analyzes the phases of project development and management in PPPs, including project structuring, feasibility studies, procurement, and stakeholder engagement.
Project Initiation: The process of defining the project scope, objectives, and budget, and identifying stakeholders and team members.
Project Planning: The process of developing a comprehensive plan to guide the project from start to finish, including scheduling, budgeting, resource allocation, and risk management.
Project Execution: The process of carrying out the project plan, monitoring progress, controlling costs, and managing risks.
Project Monitoring and Control: The process of monitoring project progress against the plan, identifying variances, and taking corrective action as needed.
Project Closure: The process of finalizing all project activities, documenting project results, and conducting a post-project review to identify lessons learned.
Project Communication: The process of communicating project information to stakeholders and team members, managing project expectations, and ensuring alignment between project objectives and business goals.
Governance and Risk Management: The process of managing risks associated with public-private partnerships, providing transparency and accountability, and ensuring compliance with legal and regulatory requirements.
Financial Management and Modeling: The process of developing and managing project budgets, conducting financial analyses, and forecasting financial returns on investment.
Public Relations and Community Outreach: The process of engaging with the public, building support for the project, and managing public perception and opinion.
Conflict Resolution and Negotiation: The process of resolving conflicts and negotiating solutions between stakeholders, including public agencies, private partners, and community members.
Environmental and Social Impact Assessment: The process of assessing the potential environmental and social impacts of the project and developing mitigation strategies as needed.
Project Procurement Management: The process of identifying and selecting partners and suppliers, negotiating contracts, and managing supplier relationships.
Project Evaluation and Performance Monitoring: The process of evaluating the effectiveness of the project, measuring its impact, and identifying opportunities for improvement.
Human Resource Management: The process of identifying and managing project team members, ensuring appropriate staffing and training, and providing support for team development and performance.
Design-Build-Operate (DBO): Design-Build-Operate (DBO) is a project delivery method where a single entity is responsible for the design, construction, and operation of a project, providing a comprehensive and integrated approach.
Build-Operate-Transfer (BOT): Build-Operate-Transfer (BOT) is a public-private partnership model where a private entity builds, operates, and maintains a public infrastructure project before transferring it back to the government at the end of a specified period.
Build-Lease-Transfer (BLT): Build-Lease-Transfer (BLT) is a public-private partnership model where a private entity is responsible for constructing, leasing, and transferring ownership of a public infrastructure project to the government after a specified period.
Build-Own-Operate-Transfer (BOOT): Build-Own-Operate-Transfer (BOOT) is a project delivery method where a private entity constructs, owns, and operates a public infrastructure project before transferring its ownership and operation to the government.
Concession agreements: Concession agreements refer to negotiated contracts between a public authority and a private entity allowing the latter to manage and operate public infrastructure/services for a specified period, often involving investment and profit-sharing arrangements.
Lease agreements: Lease agreements refer to legally binding contracts between a lessor and lessee for the temporary use of an asset or property, outlining rights, obligations, and terms of payment.
Management contracts: Management contracts in the context of Public Administration and Project Development and Management involve outsourcing the management responsibilities of a project or public sector organization to a private entity through a contractual agreement.
Design-Build-Finance-Operate (DBFO): Design-Build-Finance-Operate (DBFO) is a procurement approach where a single entity is responsible for designing, constructing, financing, and operating a public infrastructure project.
Design-Build-Finance-Maintain-Operate (DBFMO): Design-Build-Finance-Maintain-Operate (DBFMO) is a procurement strategy where a single entity is responsible for designing, constructing, financing, maintaining, and operating a public infrastructure project.
Joint ventures: Joint ventures in public administration and project development and management refer to collaborative partnerships between public and private entities to combine resources, expertise, and efforts in order to achieve shared goals and deliver projects effectively.
- "The primary constraints are scope, time, and budget."
- "The secondary challenge is to optimize the allocation of necessary inputs and apply them to meet pre-defined objectives."
- "The objective of project management is to produce a complete project which complies with the client's objectives."
- "Once the client's objectives are clearly established, they should influence all decisions made by other people involved in the project."
- "Ill-defined or too tightly prescribed project management objectives are detrimental to decision-making."
- "A project is a temporary and unique endeavor designed to produce a product, service, or result with a defined beginning and end."
- "Typically, to bring about beneficial change or added value."
- "The temporary nature of projects stands in contrast with business as usual, which are repetitive, permanent, or semi-permanent functional activities to produce products or services."
- "In practice, the management of such distinct production approaches requires the development of distinct technical skills and management strategies."
- "This information is usually described in project documentation, created at the beginning of the development process."
- "The objective of project management is also to shape or reform the client's brief to feasibly address the client's objectives."
- "For example, project managers, designers, contractors, and subcontractors."
- "Usually time-constrained, and often constrained by funding or staffing."
- "The process of leading the work of a team to achieve all project goals within the given constraints."
- "A defined beginning and end (usually time-constrained)."
- "The temporary nature of projects stands in contrast with business as usual (or operations)."
- "The allocation of necessary inputs to meet pre-defined objectives."
- "The secondary challenge is to optimize the allocation of necessary inputs and apply them to meet pre-defined objectives."
- "The objective of project management is to produce a complete project which complies with the client's objectives."