Proactive Risk Mitigation for Successful PPP Contract Management
20 & 27 February 2024 | 10:00 AM – 2:30 PM AEDT | Online
Ahead of the Curve: Innovative management of risks for robust PPP Contracts
Contract management within the realm of public-private partnerships (PPPs) is often overlooked, making it a frequently disregarded facet of PPP administration. In the dynamic landscape of PPPs, understanding and addressing risks within contracts is crucial for achieving project success.
Participants in this course will learn about public-private partnerships, often known as Design/Build/Finance/Operate (DBFO), from a risk perspective.
We will begin the journey by understanding what a PPP is, how it differs from other methods of project delivery, and how it is currently being used in Australia. Then, we will explore risk from an effective management and governance perspective, looking at tools to use and how that relates to PPP.
This course emphasises the importance of proactive risk mitigation in ensuring project success, financial stability, and stakeholder satisfaction. As a result, participants will be able to effectively manage and mitigate risk in the PPP framework, enabling it to be used more successfully and frequently.
Who Should Attend
This course is designed for managers, leads, officers and analysts in charge of transforming the government, including:
Project, Contract, Commercial, Finance, Procurement and Stakeholder
Infrastructure Development and Economic Development Planning
Government Affairs, Legal and Compliance and Public Infrastructure
Define what a PPP (Public-Private Partnership) is and articulate its key characteristics
Distinguish the difference of PPP from other methods of project delivery
Learn how PPP effectively is currently being used in Australia, and can it be employed more efficiently?
Recognise different PPP risks and Discover risk management techniques for the PPP framework
Meet Your Facilitator
Project Leadership Pty Ltd
Mike Ford is a Chartered Civil Engineer with over thirty years of experience in project leadership, project management, contract management and design management both on the client and contractor side. This experience has Involved design and construct and construct only contracts over a variety of delivery models.
Mike’s extensive experience has been gained both in Australia and Internationally. Mike’s experience is in civil construction, infrastructure, energy, industrial and development projects. Mike has led or managed iconic projects in NSW, Queensland, South Australia and Abu Dhabi (United Arab Emirates).
Mike is also a very strong proponent of effective project leadership, high level client liaison, effective stakeholder management, collaborative contracting and value engineering in procurement, design and construction.
All to ensure the best outcome for all parties.
Mike upon returning from working overseas, since 2011 is the Founder and Managing Director of his own consultancy based in Adelaide, Project Leadership Pty.Ltd., that assists clients with their effective project delivery, organisational development, Team building, strategic direction and corporate governance.
Understanding Public-Private Partnerships
- Delving into PPP: Effectiveness and Suitability
- What is PPP?
- Investigating the different degrees of private involvement: BOT, BOOT, DBFO, BOO
- How effective is PPP in Australia?
- What projects are best suited for PPP?
- The opportunities and pitfalls of PPP
- Understanding the pitfalls of using PPP
- Investigating the opportunities of using PPP
- Exploring the risks of PPP
Risk management in PPP
- Risk and PPP
- What is risk?
- Understanding and identifying risks in PPP
- An introduction to mitigating measures
- Risks Management for PPP
Risk mitigations in PPP
- In PPP, risk mitigation and SWOT analysis are vital for project success. They involve identifying, assessing, and managing risks while evaluating internal and external factors. These practices lead to informed decisions, better project resilience, and improved PPP outcomes.
- Risk mitigation
- SWOT analysis
- Activity: SWOT Exercise
Using the insights from the earlier session the participants will work on a SWOT analysis.
- Activity: Evaluation and Feedback
- SWOT exercise analysed
- SWOT and PPP
Transactional vs. Relationship-based Frameworks
- This exploration involves a comparison of transactional and relationship-based frameworks in PPP project delivery, evaluating their suitability for PPP, enhancing project management, and refining risk mitigation strategies.
- How to effectively manage PPP projects and mitigate risk