Critical Analysis of Risk Management and Influencing Factors in Public-Private-Partnership Infrastructure Highway Projects:-a Quantitative Approach

EasyChair Preprint 12741

Abstract

Public-Private Partnership (PPP) infrastructure highway projects have emerged as pivotal contributors to sustainable development, necessitating a meticulous evaluation of risk management practices and influencing factors. This paper presents an investigation into the critical aspects of risk in PPP infrastructure highway projects. The research methodology encompassed a primary factor validation survey. Subsequently, a carefully designed secondary questionnaire survey was conducted. The gathered data underwent careful analysis using the Relative Importance Index (RII) method, Cronbach’s Alpha and Probability Importance Index (PII) for quantifiable measure of the significance of each identified risk factor. The application of RII, Cronbach’s Alpha and PII facilitated the ranking and prioritization of these factors. The results of this study unveil pivotal insights into the risk landscape of PPP infrastructure development, offering a valuable framework for stakeholders to tailor risk mitigation strategies.

Keyphrases: Cronbach’s Alpha, Probability Importance Index (PII), Public Private Partnership (PPP), Relative Importance Index (RII), Risk Category, risk factor

@booklet{EasyChair:12741,
  author    = {Deep Modi and Jaydeep Pipaliya and Dixitkumar Patel},
  title     = {Critical Analysis of Risk Management and Influencing Factors in Public-Private-Partnership Infrastructure Highway Projects:-a Quantitative Approach},
  howpublished = {EasyChair Preprint 12741},
  year      = {EasyChair, 2024}}