Creating successful PFI projects: Skills required by the client

• Main Authors: Umar, Abdullahi A, Zawawi, Abdullah N.A., Idrus, Arazi, Khamidi, M. Faris, Abdul Rashid, Khairuddin
• Format: Conference or Workshop Item
• Published: 2012
• Subjects: TA Engineering (General). Civil engineering (General)
• Online Access: http://eprints.utp.edu.my/8178/1/PFI_projects_khamidi.pdf; http://eprints.utp.edu.my/8178/
• Institution: Universiti Teknologi Petronas

Private Finance Initiatives (PFI) procurement strategy has evolved to become one of the most used methods of procuring public services by governments around the world. Its evolution and practice differ across countries; however the major players remain the same. This procurement strategy has been touted as being more efficient and effective than the traditional procurement method before it. But replicating the success being attributed to it has not been easy across all sectors. The fact that in spite of the failings being recoded governments are still bent on pursuing its use has made it pertinent to seek ways of optimizing its benefits while minimizing the impact of its weaknesses. To do this requires clearly delineating the role of the clients and the skills required by them in order to achieve successful delivery of public services.