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Research Paper | Management | Tanzania | Volume 12 Issue 10, October 2023 | Popularity: 5.4 / 10
Assessment of the Public - Private Partnerships Cost Efficiency on Meeting Project Budget Targets in MSAMVU Project
Idrisa Laizer
Abstract: This study focuses on assessing Public - Private Partnerships (PPPs) cost efficiency on meeting project budget targets in Msamvu project. A cross - sectional research design was employed, with data collected through interviews from 20 respondents. Thematic analysis were used for data analysis. The findings reveal that PPP model played a crucial role in optimizing project costs, with effective cost estimation and proactive budget management contributing to meeting budget targets. Time management practices were positively influenced by the PPP model, resulting in timely completion of project activities. Based on the conclusions, recommendations are provided for future project implementation. These include enhancing stakeholder engagement and communication, strengthening cost estimation and budget management practices, fostering public - private partnerships for expertise and resource optimization, implementing effective time management strategies, and continuously monitoring and evaluating project performance.
Keywords: Public-Private Partnerships, cost efficiency, project budget, Msamvu project, cross-sectional research
Edition: Volume 12 Issue 10, October 2023
Pages: 1759 - 1763
DOI: https://www.doi.org/10.21275/SR23822135147
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