Risk management: Awareness, Identification and Mitigation in Public Private Partnerships of Technical infrastructure Projects in Da Nang

Abstract

Nowadays, investment in building technical infrastructure in Da Nang city has increased rapidly in terms of scale and scope with the broad participation of the whole society. The unstable effects of the surrounding environment and the internal adjustment of the project lead to many fundamental changes that were initially planned and changed the effectiveness of the project. This is the existence of the risk of Public Private Partnerships (PPP) project in investerment of technical infrastructure in Da Nang. Risk management is an important issue when implementing a PPP project, especially PPP in technical infrastructure projects. This study focused on the survey methodology of all PPP stakeholders in Da Nang in order to examine PPP awareness and risk management awareness for successful implementation of PPP projects. Thereby, an effort is also made to investigate the experts which to identify the seriousness of the risks associated with PPP. Based on the results of the survey, risk mitigation measures were proposed for significant risk factors in PPP projects in Da Nang of technical infrastructure investment, which facilitated the development of a project sustainable in today which uncertain environment.