APPLICATION OF MULTI-CRITERIA DECISION MAKING PROCESS TO DETERMINE CRITICAL SUCCESS FACTORS FOR PROCUREMENT OF CAPITAL PROJECTS UNDER PUBLIC-PRIVATE PARTNERSHIPS
##plugins.themes.bootstrap3.article.main##
##plugins.themes.bootstrap3.article.sidebar##
Abstract
Investigation about project success has attracted the interest of many researches and practitioners. Determining the critical success factors for procurement of capital projects is a contemporary phenomenon. This paper presents the outcome of an investigation into the critical success factors in Public-Private-Partnerships (P-P-P) for procurement of capital projects using the multi-criteria decision making process. Drawing from the results of responses to a survey of 705 experts involved in P-P-P projects worldwide, the paper presents the critical success factors (CSF) from a list of 47 factors, identified as contributing to the successful delivery of capital projects. The study revealed that owner satisfaction with the delivered project, adherence to schedules/budget/quality/ safety/environmental controls, and appropriate funding mechanisms were predictable factors while lack of legal encumbrances, clearly defined project mission and adequate planning and control techniques were less commonly expected factors.
http://dx.doi.org/10.13033/ijahp.v3i2.121
How to Cite
Downloads
##plugins.themes.bootstrap3.article.details##
Analytic Hierarchy Process, Critical Success Factors, Multi-Criteria Decision Making, Infrastructure, Public-Private Partnerships
master’s thesis, King Fahd University of Petroleum and Minerals, Dhahran, Saudi
Arabia.
Boynton, A. C., & Zmund, R. W. (1984). An assessment of critical success factors.
Sloan Management Review, 25(4), 17-27.
Canada, J. R., Sullivan W.G., & White J. A. (1996). Capital Investment Analysis for
Engineering and Management, 2nd edition, New Jersey: Prentice Hall.
Cheng, E.W. L., & Li, H. (2001). Information priority-setting for better resource
allocation using analytic hierarchy process. Information Management and Computer
Security, 9(2), 61–70.
Cheng, C.H. (1997). Evaluating naval teaching missile systems by fuzzy AHP based on
the grade value of membership function. European Journal of Operational Research,
96(2), 342–350.
Chin, K.S., Chiu, S., & Tummala, V.M.R. (1999). An evaluation of success factors using
the AHP to implement ISO 14001-based EMS. International Journal of Quality and
Reliability Management, 16(4), 341–361.
Confederation of British Industry. (1996). Private skills in public service - tuning the
project finance initiative. London: CBI.
Cooper, D.R., & Schindler, P.S. (2006). Business research methods, (9th ed.). Boston,
New York: McGraw-Hill.
Davis, L., & Williams, G. (1994). Evaluating and selecting simulation software using the
analytic hierarchy process. Integrated Manufacturing System, 5 (1), 23–32.
Esteves, J. and Pastor, J. (1999). An ERP Lifecycle-based Research Agenda. Paper
presented at the First International Workshop on Enterprise Management Resource and
Planning Systems EMRPS, Venice, Italy, 359-371.
Expert Choice Inc (2001). Advanced Decision Support Software - Quick Start Guide and
Tutorials. Expert Choice Inc., Pennsylvania.
Fellows, R., & Liu, A. (1997). Research methods for construction. London: Blackwell
Science.
FIATECH. (2006). Capital projects technology roadmap. Retrieved January 10, 2008,
from http://www. fiatech.org/projects /roadmap/cptri.htm.
Ghosh, B. C., Liang, T. W., Meng, T. T., & Chan, B. (2001). The key success factors,
distinction capabilities and strategic thrusts of top SMEs in Singapore. Journal of
Business Research, 51, 209-221.
Hardcastle, C., Edwards, P. J., Akintoye, A., & Li, B. (2005). Critical success factors for
PPP/PFI projects in the UK construction industry. Journal of Construction Management
and Economics, 23(5), 459 – 471.
Khandewal, V. and Miller, J. (1992). Information System Study. In: Opportunity
Management Program, IBM Corporation, New York.
Kleinbaum, D. G., Kupper, L.L., & Muller, K. E. (1988). Applied regression analysis and
other multivariable methods. Boston: PWS-KENT.
Liang, W.Y. (2003). The analytic hierarchy process in project evaluation: An R & D case
study in Taiwan. Benchmarking, 10(5), 445–456.
Lim, C. S., & Mohamed, M. Z. (1999). Criteria of project success and exploratory reexamination.
International Journal of Project Management, 17(4), 243-248.
Min, H. (1994). Location analysis of international consolidation terminals using the
Analytic hierarchy process. Journal of Business Logistics, 15(2), 25–44.
Morledge, R., & Owen, K. (998). Critical success factors in PFI projects. In Hughes, W
(Ed.), 14th Annual ARCOM Conference, 9-11, University of Reading. Association of
Researchers in Construction Management, 2, 565-74.
Norusis, M.J. (1992). SPSS for Windows, Professional Statistics, Release 5. Chicago:
SPSS Inc.
Owen, K. J. (1997). Critical success factors of PFI. Unpublished doctoral dissertation.
The Nottingham Trent University, UK.
Pinto, J.K., & Slevin, D.P. (1987). Critical factors in successful project implementation.
IEEE Transactions on Engineering Management, 34(1), 22-27.
Pinto, J., & Prescott, J. (1988). Variations in Critical Success Factors over the Stages in
The Project Lifecycle. Journal of Management, 14(1), 5-18.
Private Finance Panel. (1996). Private finance initiative - Guidelines for smoothing the
procurement process. Her Majestic Treasury and the Private Finance Panel.
Ramanathan, R., & Ganesh, L.S. (1995). Using AHP for resource allocation problems.
European Journal of Operational Research, 80, 410–417.
Rockart, J. F. (1982). The changing role of the information system executive: A critical
success factor perspective. Sloan Management Review, 24 (1), 3-13.
Rockart, J. and Van Bullen, C. (1986). A Primer on Critical Success Factors. In Rockart,
J. and Van Bullen, C. (Ed.), The Rise of Management Computing. Homewood: Irwin.
Saaty, T. L., & Vargas, L. G. (1991). Prediction, projection and forecasting. Boston:
Kluwer Academic Publishers.
Saaty, T. L. (1990). The analytical hierarchy process: Planning, priority setting and
resources allocation. London: McGraw-Hill.
Sanvido, V., Parfitt, K., Grobler, F., Guveris M., & Coyle, M. (1992). Critical success
factors for construction projects. Journal of Construction Engineering and Management,
11 (1), 94-111.
Shah, M. and Siddiqui, F. (2002). A Survey of Research Methods Used to Investigate
Critical Factors. Paper presented at the European Conference on Research Methodology
for Business and Management Studies, Reading, UK..
Smith, A. J., & Walker, C. T. (1994). BOT: Critical factors for success. Journal of
Construction Engineering and Management, 120 (9), 247-254.
Sumner, M. (1999). Critical Success Factors in Enterprise Wide Information
Management Systems Projects. Paper presented at the Americas Conference on
Information Systems, Milwaukee, USA.
Thondike, R. M. (1978). Correlation procedures for research. New York: Gardner Press
Inc.
Tiong, R. L. K., Khim-Teck, Y., & McCarthy, S. C. (1992). Critical success factors in
winning BOT contracts. Journal of Construction Engineering and Management, 118(2),
217-228.
Udo, G.G. (2000). Using analytic hierarchy process to analyze the information
technology outsourcing decision. Industrial Management and Data Systems, 100(9), 421–
429.
Vaidya, O., & S. Kumar, S. (2006). Analytic hierarchy process: An overview of
applications, European Journal of Operational Research, 169, 1–29.
Yin, R. K. (1994) .Case study research: Design and methods (2nd ed.). Thousand Oaks,
CA: Sage Publications.
Copyright of all articles published in IJAHP is transferred to Creative Decisions Foundation (CDF). However, the author(s) reserve the following:
- All proprietary rights other than copyright, such as patent rights.
- The right to grant or refuse permission to third parties to republish all or part of the article or translations thereof. In case of whole articles, such third parties must obtain permission from CDF as well. However, CDF may grant rights with respect to journal issues as a whole.
- The right to use all or parts of this article in future works of their own, such as lectures, press releases, reviews, textbooks, or reprint books.
- The authors affirm that the article has been neither copyrighted nor published, that it is not being submitted for publication elsewhere, and that if the work is officially sponsored, it has been released for open publication.
The only exception to the statements in the paragraph above is the following: If an article published in IJAHP contains copyrighted material, such as a teaching case, as an appendix, then the copyright (and all commercial rights) of such material remains with the original copyright holder.
CDF will receive permission for publication of copyrighted material in IJAHP. This permission is not transferable to third parties. Permission to make electronic and paper copies of part or all of the articles, including all computer files that are linked to the articles, for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage.
This permission does not apply to previously copyrighted material, such as teaching cases. In paper copies of the article, the copyright notice and the title of the publication and its date should be visible. To copy otherwise is permitted provided that a per-copy fee is paid.
To republish, to post on servers, or redistribute to lists requires that you post a link to the IJAHP article, which is available in open access delivery mode. Do not upload the article itself.
Authors are permitted to present a talk, based on a paper submitted to or accepted by IJAHP, at a conference where the paper would not be published in a copyrighted publication either before or after the conference and where the author did not assign copyright to the conference or related publisher.