Risk management of PPP projects in China

University essay from KTH/Fastigheter och byggande

Abstract: This thesis report is aiming to make a literature review on the risk management of PPP projects. At first, 22 risks are identified from different literatures, and next the suggested risk allocations from various literatures are given and get compared with each other. In addition, one more important part in the risk management, i.e. risk mitigation strategy, is collected from some literatures.  The risk management of PPP projects will not focus only on Chinese area, but mostly on the management of commonly occurred risks in PPP projects worldwide. Also, the PPP projects will only focus on the infrastructure projects. The scientific research method in this report is mainly qualitative data collection. In the discussion chapter, knowledge risk management is introduced to be added to the risk management of PPP projects. The SECI model and PPP knowledge base are two rational ways of handling risks. They can not only improve the communications and understandings among the stakeholders, but can also tackle many risks and the knowledge gaps. Finally, conclusions will be drawn from the results and the discussions; recommendations for future research will be given.

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