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Risk in a Partnership

Risk in a Partnership

Copyright: © 2017 |Pages: 38
ISBN13: 9781522525035|ISBN10: 1522525033|EISBN13: 9781522525042
DOI: 10.4018/978-1-5225-2503-5.ch005
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MLA

Peter Adoko Obicci. "Risk in a Partnership." Risk Management Strategies in Public-Private Partnerships, IGI Global, 2017, pp.153-190. https://doi.org/10.4018/978-1-5225-2503-5.ch005

APA

P. Obicci (2017). Risk in a Partnership. IGI Global. https://doi.org/10.4018/978-1-5225-2503-5.ch005

Chicago

Peter Adoko Obicci. "Risk in a Partnership." In Risk Management Strategies in Public-Private Partnerships. Hershey, PA: IGI Global, 2017. https://doi.org/10.4018/978-1-5225-2503-5.ch005

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Abstract

Each partner has an enormous obligation in the management of risks in any PPP arrangement. The partner must ensure that concerted efforts are exerted that risks are specifically specified in their natures and where they fall. The partners thus have to comprehensively get to the knowledge of the nature and kind of the risk and where they hit most. Literature review is used to identify all forms of risks in a PPP arrangement, and their effects, and their probable solutions. These are then explored through deeper systematic reviews of case studies of implemented PPP projects and those on-going ones implemented and being implemented in various countries. Risk issues in PPP relate to typology, perspectives of parties and criteria. The findings show that effective identification and comprehension of risk in PPP will increase the likelihood that intended purpose is achieved in PPP especially when the boundaries for risk taking is well established.

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