Ensure the success of Public-Private Partnerships and uncover the potential pitfalls through effective risk management
Guide
16 January 2024
10 keys to successfully managing P3 risk transfer
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Public-private partnerships (P3s) offer numerous benefits, but poor risk management can lead to failure. While risk transfer is a key aspect of P3s, expecting the private partner to assume all risks is unrealistic. Instead, a thoughtful approach to risk allocation and management is essential. By prioritizing risk management, organizations can contribute to the long-term success of P3s and reap the rewards they offer. Learn the ten keys to successfully managing risk in the P3 model will reveal to you how to transfer responsibility to the party, understand market demand, engage stakeholders, augment in-house expertise, and implement effective governance.
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