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Kusljic D.,Center for Monitoring Business Activities in the Energy Sector and Investments | Marenjak S.,Sveuciliste Josipa Jurja Strossmayera u Osijeku
Tehnicki Vjesnik | Year: 2012

Private Finance Initiative (PFI) is a model of Public Private Partnership (PPP) used to deliver public services which are not commercial in nature. Naturally, lients want to achieve successful PFI projects and they need to have a tool for evaluating the achieved success. Generally there are still no accepted frameworks for assessing project success but several recommendations for development of an evaluation template for assessing the success of PFI schemes exist. To enable success assessment there is a need to identify adequate success criteria. In this paper, important PFI project success criterion for lient called "Starting Date of Operation" will be identified. Model for its application on evaluating PFI project success will be recommended and its empirical applicability on suitable PFI projects in Croatia will be demonstrated. Descriptive statistics indicator will be calculated and referent base for success evaluation of PFI projects in Croatia applying "Starting Date of Operation" success criterion will be established. Source


Kusljic D.,Center for Monitoring Business Activities in the Energy Sector and Investments | Marenjak S.,Josip Juraj Strossmayer University of Osijek
Tehnicki Vjesnik | Year: 2013

This paper examines PPP/PFI project success measuring concept for Public sector Clients. Relevant PPP/PFI project characteristics and generic project success measuring aspects have been recognized. Public sector Client is recognized as important PPP/PFI project stakeholder who has immense interest to measure project's success. Current research practice of measuring PPP/PFI projects has been scarce with considerable inherited limitations. Proposed hypothesis states that is possible to identify relevant success criteria and structure success dimensions of PPP/PFI projects for Public sector Clients. Interpretation of these dimensions has been presented and recommendations for further research are proposed. Source

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