Search results

This paper aims to convey the rationale underpinning this new journal and its timeliness in addressing emerging imperatives in our built environment, to highlight the range of the papers in this first issue and to encourage readers and potential contributors to join the BEPAM journey, towards improved built infrastructure.

Drawing attention to the silos within which “project management” research and practice have been largely isolated from those in “asset management”, recent initiatives to bridge this divide are spotlighted, synerigised and built upon.

A critical need is identified for a niche one‐stop forum to address increasingly important interfaces between project management and asset management of building and civil engineering infrastructure. It is also found to be important to link leading‐edge research to cutting‐edge practice in physical infrastructure development, while empowering and inspiring authors and readers from many relevant disciplines and diverse regions towards synergistic research, development and dissemination.

Articulating the BEPAM vision in supplying the missing link between built environment project management and asset management, this paper aims to attract researchers and practitioners from hitherto compartmentalised sub‐sectors to engage with, learn from and improve each other in a common mission to efficiently deliver and sustain better built infrastructure worldwide.

This paper aims to analyse the findings of the relevant studies, to summarise what has been done in this area, to direct future research and to improve private finance initiative (PFI) practice. PFI is a new form of contracting out public facilities to the private sector, where facility management was integrated with construction. There have been a large number of academic papers published on this subject; however, there is a lack of a systematic review of the PFI-related studies.

The literature search focused on international peer-reviewed and published literature, with relevance to PFI. The search of literature, following the method of Tang et al. (2010) and Al-Sharif and Kaka (2004), involved the titles, keywords and abstracts, from some major electronic databases (Web of Science, Engineering Village, Science Direct (Elsevier) and Springer Link) of publications published between 1992 and 2011. The data were classified into six categories for further analysis.

As a new way to procure public facility management, PFI projects have unique characteristics in comparison to conventional construction procurement. The review of the literature regarding PFI is important in terms of summarising the key findings and suggestions of studies for industry practitioners, as well as forecasting the future academic research trends in this area. The number of research works on PFI increased quickly in recent years; however, the review discovered there were still some issues not yet covered in the literature.

This review is not exhaustive in nature, as the criteria in selecting research papers only included English-written, peer-reviewed journals from some major electronic literature databases. This is the limitation of the research. Further review on a wider range of literature is recommended for researchers.

Since PFI was introduced to the construction industry to fund infrastructure 20 years ago in the UK, it has gained interests from scholars. In this new form of contracting out public facilities to the private sector, facility management was integrated with construction. There have been a large number of academic papers published on this subject; however, there is a lack of a systematic review of the PFI studies.

Foreign direct investment in the infrastructure (FDII) of developing countries has a history of at least four decades. Bullish demand for foreign infrastructure services in developing countries, in combination with unstable political environments, has buoyed attention in political risk management (PRM). Even so, research into PRM of FDII remains fragmented and unmapped. Thus, the purpose of this paper is to identify the current body of knowledge in this area, uncover deficiencies and lay the foundation for further practical PRM research in FDII.

This paper offers a bibliometric-qualitative review of current literature on political risk in foreign infrastructure in developing countries. A 36-year period is identified, from 1983 to 2018. Publication year, area of focus, author(s), institution and country are classified and analyzed through the medium of social network analysis. The tools used are VOSviewer, CiteSpace and Gephi to analyze citation networks of 345 published papers. Out of 345 papers, 94 highly related studies were selected for further content analysis.

The study identified the research trends in related areas of PRM in infrastructure (e.g. PRM in international construction and foreign direct investment) by bibliometric analysis, which includes scattered researcher collaboration, wide-ranging and unfocused journal selection, unsystematic and discontinuous research themes. The specific research weakness in PRM in FDII is recognized by qualitative analysis from the perspective of PRM process, which reveals a lack of understanding of the impact of political risk factors, subjective risk estimations, lacking application of mature political risk database in FDII, combined with a shortage of complete and effective strategies for PRM in FDII in developing countries.

This paper is the first of its kind, providing a comprehensive benchmark survey of the research to date in PRM in foreign infrastructure investment in developing countries. It proposes a framework of future research agenda on PRM in FDII, including special issues on this topic, identification and assessment of political risk factors with objective methods, proposition of PRM strategies on FDII with proactive and active approaches, completing strategies of PRM with reactive strategies from the perspectives of whole life cycle of infrastructure projects, political risk factors and stakeholders. It also addressed the need to investigate the suitable literature databases for researching in this area.

Top managers who possess outstanding leadership competence make significant contributions toward achieving project success. The relationship between the top managers’ leadership and infrastructure sustainability (IS), one of the most important project success criteria, is empirically researched in this study. The purpose of this paper is to explore relationships between top managers’ leadership competence of intellectual competence (IQ), managerial competence (MQ), and emotional and social competence (EQ) and to explore relationships between leadership competence and IS.

Based on 246 obtained responses to a questionnaire survey across infrastructure projects in the context of the Chinese urbanization process, the analysis of the relationships between top managers’ leadership and IS was performed using a structural equation model (SEM).

Results indicate that top managers’ leadership competence, with MQ being the main determinant, followed by IQ, directly drives the entire life cycle of an infrastructure project toward accomplishing IS. Through positively influencing the moderate variable of MQ, EQ competence is found to have an indirect influence on IS.

In terms of practical implications, the outcomes of this research will provide criteria for the selection of top managers for infrastructure projects to realize IS during the process of Chinese urbanization.

The established SEM improves the leadership competence framework of IQ, MQ, and EQ in the respect of reflecting the context of infrastructure projects and promotes the research and development of leadership theory in the construction area.

In the global construction industry, the concept of sustainability is not new, particularly within building projects. Against this backdrop, several studies have been conducted, mostly in developed countries, on sustainability in construction projects. However, efforts at investigating sustainability practices in public–private partnership (PPP) infrastructure projects in developing countries have received limited attention. Hence, the purpose of this study is to investigate the incorporation of sustainability practices within the context of Nigeria’s PPP infrastructure projects.

A questionnaire survey, which targeted four different types of stakeholders, was conducted in this study. These stakeholders included public sector authorities, concessionaires, consultants and banks undertaking PPP infrastructure projects in the Lagos State, Nigeria. The data collected were analyzed using frequency, percentage, mean score, standard deviation (SD) analyses and the Kruskal–Wallis test.

The findings of this study revealed that all the respondents are very much aware of sustainability principles and the vast majority of the respondents from the public sector authorities and the consultant organizations confirmed that they have incorporated sustainability requirements into their bidding documents for PPP infrastructure projects. The study revealed sustainability features in the three aspects of sustainability, namely, economic, environmental and social factors. Furthermore, the study revealed the top three–ranked economic factors of sustainability (considered to be the most important factors) were low maintenance costs, whole life costing and supporting the local economy, respectively. Similarly, the study revealed the top three–ranked environmental factors of sustainability were biodiversity, energy use during the operation stage and energy use during the construction stage, respectively. Furthermore, the study further revealed that the top three–ranked social factors of sustainability were the educational aspect, equity between stakeholders and health and safety, respectively.

The study will be of great value to PPP stakeholders involved in sustainability decision-making processes when delivering sustainable PPP projects, particularly in Nigeria. Also, the study’s findings are important as not many empirical studies have been conducted on the sustainability practices of current PPP projects in Nigeria.

The study’s findings would further inform the need for both the public and private sectors to take a more strategic approach to enhance sustainability in PPP projects.

Within the UK the Private Finance Initiative (PFI) has developed into a mature process for the procurement of improved infrastructure and associated facilities management (FM) service delivery. The role of FM within this process provides enormous opportunity to ensure maximum value is provided in terms of both value and performance of the final design and delivery of support services. As the first wave of PFI schemes are now becoming operational, this paper aims to explore these opportunities and identify what, if any, lessons have been learnt for the future development and success of the PFI and the value it can provide to both the taxpayer and private investor.

Managing long‐term infrastructural assets, such as real estate, buildings and equipment, is becoming more topical at the strategic level. Such assets are reported to comprise 25 per cent or more of corporate assets and occupancy costs represent 40‐50 per cent of net operating incomes and are often the third most expensive item (behind labour costs and IT). Managers with little experience of the strategic management of long‐term assets (SMoLTA) often find this a challenging agenda. This paper reports exploratory research on how managers are addressing the SMoLTA and is drawn from the views of senior managers in 25 organisations of varying sizes from the public and private sectors. In addition, the paper uses data from research on management practices in four case companies that have excellent reputations in this field, synthesising the findings into algorithmic form. This algorithm is developed and presented as a tentative framework which aims to help facilitate managers in aligning corporate and infrastructure strategy.

The purpose of this paper is to focus on the challenges faced by the public and private sectors in developing output specifications for Australian public private partnership (PPP) projects. In particular, this study aims to examine how the stakeholders (including facilities managers) should cater for future changes in output specifications and make them flexible enough to meet the evolving project objectives.

The research is based on 19 semi‐structured interviews with key stakeholders from the public and private sectors in three States of Australia where PPP procurement has been used, including New South Wales (NSW), Queensland and Victoria. The results are triangulated with relevant literature for supports and contrasts.

For PPP projects, a good set of output specifications is conducive to the achievement of value for money, innovation, risk transfer, whole life asset performance through a clear abatement regime and an effective linkage of performance criteria to the payment mechanism. For existing specifications, it was found that too many and complex KPIs were specified, which were difficult to monitor, measure and implement by the client. Very prescriptive specifications hindered innovations and did not allow appropriate risk allocation. Further, the research study suggests that after the global financial crises, the private sector had less appetite to take the patronage risks in road and rail PPP projects. To mitigate these pitfalls, it is imperative that output specifications need to be aligned with the type of PPP projects they represent; in particular foreseeable changes should be addressed by some pre‐agreed framework to facilitate negotiation.

The significant contribution of this research is the identification of the common issues faced in drafting output specifications for Australian PPP projects. Stakeholders of future PPP projects should find the lessons useful for achieving value for money and appropriate risk transfer, stating the user requirements through clear and concise output specifications rather than input or prescriptive specifications in procuring social and economical PPP projects. Their relationships with facilities management are highlighted.

Governments throughout the world are being forced to review how to fund the increasing demand and rising expectations of their citizens. This is especially relevant for developing countries, which often have limited capital resources to meet the soaring needs for essential infrastructure. This has consequently led to increased involvement of the private sector in the provision of public services, using various forms of Public‐Private Partnerships (PPPs). It is, however, important for both the public and private sectors to understand the various risks associated with PPPs throughout the whole life cycle of the projects in order to guarantee long‐term success. This is especially true in Nigeria and other countries where the use of PPPs are still in the early stages of development. Sixty‐one PPP risk factors were identified from literature and classified into exogenous and endogenous risks. This paper presents the results of the questionnaire survey that investigated the perception of Nigerian construction professionals on the relative importance of the identified risks and their preferences of allocation between the public and private sectors. The results show that the three most important PPP risk factors in Nigeria are “unstable government”, “inadequate experience in PPP” and “availability of finnance”. The respondents’ risk allocation preferences show that while most of the endogenous risk factors could be assigned to the private sector partner, the public sector should retain political and site acquisition risks, while relation‐ship‐based risks should be shared between the private and public sector partners