Conceptualization and Visual Representation of Uncertainty and Complexity Factors in Public-Private Partnership Projects

2020-11-14
Public-private partnership contracts have acquired a substantial interest in the construction industry of many different countries, and therefore, the importance of the PPP project's success has surged forward. Uncertainty and complexity are two inseparable features of PPP contracts, which can cause failure in the project and decrease the success rate. Information visualization techniques provide decision-makers with a superior perception of these two features and consequently assist them in making a better decision. For this reason, there is a demand to develop a visual representation to understand the impact of complexity, uncertainty, and their interactions upon PPP project performance. This research study aims to develop a conceptual model to explore and visually represent uncertainty and complexity in public-private partnership projects and their impacts on project performance by considering vulnerability and resilience concepts. The findings of this study may provide decision-makers with a conceptual framework to better understand the interaction of uncertainty and complexity in a project as well as their influences on project behavior and subsequently make a better decision.
Citation Formats
S. Kamali, M. T. Birgönül, and İ. Dikmen Toker, “Conceptualization and Visual Representation of Uncertainty and Complexity Factors in Public-Private Partnership Projects,” İstanbul, Türkiye, 2020, p. 348, Accessed: 00, 2021. [Online]. Available: https://hdl.handle.net/11511/72535.