PPP Project Failures: the tragedy of the evitable (II): Failing to appraise and failing to prepare

In this article we keep on with the analysis of project failures and how they link to improper management of PPP projects, reviewing and reflecting on particular areas of management where neglecting is not uncommon and may have serious consequences.

Now we advance in the cycle: we will assume that our project showed sufficiently strong economics and no evident impediment to be suitable for a PPP procurement, after a successful screening process. But the job is not done: we need to appraise and we need to prepare…