Christian Henjewele
Comparative performance of healthcare and transport PFI projects: Empirical study on the influence of key factors
Henjewele, Christian; Sun, Ming; Fewings, Peter
Authors
Ming Sun
Peter Fewings
Abstract
Private Finance Initiative (PFI) has been used on many projects in the UK in the delivery of public services. Supporters of PFI credit improved project performance to the superior skills of the private sector. So far, there are limited empirical studies on the life cycle performance of PFI projects, especially performance comparison between different sectors. This study investigated and compared
variations in costs, time, and client requirements from the strategic business case stage through to the operational phase in healthcare and transport sectors. It explored the influence of sector-specific factors, project size and maturity of the PFI on these variations. It used documentary analysis of full business cases of five PFI projects and a questionnaire survey of 44 PFI projects in the UK. The findings reveal that there are still considerable cost and times overruns and requirements changes in PFI project in both sectors. The health sector outperformed the transport sector in time overruns but
underperformed on costs. Smaller-value projects outperformed larger projects on costs variations but
underperformed on time.
Citation
Henjewele, C., Sun, M., & Fewings, P. (2014). Comparative performance of healthcare and transport PFI projects: Empirical study on the influence of key factors. International Journal of Project Management, 32(1), 77-87. https://doi.org/10.1016/j.ijproman.2013.01.008
| Journal Article Type | Article |
|---|---|
| Publication Date | Jan 1, 2014 |
| Journal | International Journal of Project Management |
| Print ISSN | 0263-7863 |
| Publisher | Elsevier |
| Peer Reviewed | Not Peer Reviewed |
| Volume | 32 |
| Issue | 1 |
| Pages | 77-87 |
| DOI | https://doi.org/10.1016/j.ijproman.2013.01.008 |
| Keywords | private finance initiatives, variations, value for money, PFI maturity |
| Public URL | https://uwe-repository.worktribe.com/output/822183 |
| Publisher URL | http://dx.doi.org/10.1016/j.ijproman.2013.01.008 |