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A SWARA-COPRAS approach to the allocation of risk in water and sewerage public-private partnership projects in Malaysia

In a situation of growing water demand, inadequate public funding, poor asset condition and lack of maintenance in developing countries, public-private partnerships (PPPs) play an important role in the development of infrastructure, such as water supply and sewerage services. The purpose of this stu...

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Main Authors: Valipour, Alireza, Yahaya, Nordin, Md. Noor, Norhazilan, Valipour, Iman, Tamosaitiene, Jolanta
Format: Article
Language:English
Published: Vilnius Gediminas Technical University 2019
Subjects:
TA Engineering (General). Civil engineering (General)
Online Access:http://eprints.utm.my/id/eprint/89228/1/NordinYahaya2019_ASWARACOPRASApproachtotheAllocationofRisk.pdf
http://eprints.utm.my/id/eprint/89228/
http://dx.doi.org/10.3846/ijspm.2019.8066
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spelling my.utm.892282021-02-22T06:01:05Z http://eprints.utm.my/id/eprint/89228/ A SWARA-COPRAS approach to the allocation of risk in water and sewerage public-private partnership projects in Malaysia Valipour, Alireza Yahaya, Nordin Md. Noor, Norhazilan Valipour, Iman Tamosaitiene, Jolanta TA Engineering (General). Civil engineering (General) In a situation of growing water demand, inadequate public funding, poor asset condition and lack of maintenance in developing countries, public-private partnerships (PPPs) play an important role in the development of infrastructure, such as water supply and sewerage services. The purpose of this study is to develop a quantitative approach to appropriate risk allocation, with attention directed to the impact of positive and negative factors in water and sewerage projects. The paper presents a hybrid SWARA-COPRAS approach to examine risk allocation, particularly for PPP water supply and sewerage projects in the context of Malaysia. In addition to PPP infrastructure projects, the approach has the potential to be adapted to other applications. The proposed method enables decision makers to utilise qualitative linguistic terms in the allocation of risk between the public and private sector, and to select the best strategy for risk allocation in a contract. Finally, 24 significant risks were identified six risks would preferably be allocated to the public sector, while seven risks would be assigned to the private sector, and eleven risks would preferably be shared by both parties. Vilnius Gediminas Technical University 2019-04 Article PeerReviewed application/pdf en http://eprints.utm.my/id/eprint/89228/1/NordinYahaya2019_ASWARACOPRASApproachtotheAllocationofRisk.pdf Valipour, Alireza and Yahaya, Nordin and Md. Noor, Norhazilan and Valipour, Iman and Tamosaitiene, Jolanta (2019) A SWARA-COPRAS approach to the allocation of risk in water and sewerage public-private partnership projects in Malaysia. International Journal of Strategic Property Management, 23 (4). pp. 269-283. ISSN 1648-715X http://dx.doi.org/10.3846/ijspm.2019.8066 DOI:10.3846/ijspm.2019.8066
institution Universiti Teknologi Malaysia
building UTM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Malaysia
content_source UTM Institutional Repository
url_provider http://eprints.utm.my/
language English
topic TA Engineering (General). Civil engineering (General)
spellingShingle TA Engineering (General). Civil engineering (General)
Valipour, Alireza
Yahaya, Nordin
Md. Noor, Norhazilan
Valipour, Iman
Tamosaitiene, Jolanta
A SWARA-COPRAS approach to the allocation of risk in water and sewerage public-private partnership projects in Malaysia
description In a situation of growing water demand, inadequate public funding, poor asset condition and lack of maintenance in developing countries, public-private partnerships (PPPs) play an important role in the development of infrastructure, such as water supply and sewerage services. The purpose of this study is to develop a quantitative approach to appropriate risk allocation, with attention directed to the impact of positive and negative factors in water and sewerage projects. The paper presents a hybrid SWARA-COPRAS approach to examine risk allocation, particularly for PPP water supply and sewerage projects in the context of Malaysia. In addition to PPP infrastructure projects, the approach has the potential to be adapted to other applications. The proposed method enables decision makers to utilise qualitative linguistic terms in the allocation of risk between the public and private sector, and to select the best strategy for risk allocation in a contract. Finally, 24 significant risks were identified six risks would preferably be allocated to the public sector, while seven risks would be assigned to the private sector, and eleven risks would preferably be shared by both parties.
format Article
author Valipour, Alireza
Yahaya, Nordin
Md. Noor, Norhazilan
Valipour, Iman
Tamosaitiene, Jolanta
author_facet Valipour, Alireza
Yahaya, Nordin
Md. Noor, Norhazilan
Valipour, Iman
Tamosaitiene, Jolanta
author_sort Valipour, Alireza
title A SWARA-COPRAS approach to the allocation of risk in water and sewerage public-private partnership projects in Malaysia
title_short A SWARA-COPRAS approach to the allocation of risk in water and sewerage public-private partnership projects in Malaysia
title_full A SWARA-COPRAS approach to the allocation of risk in water and sewerage public-private partnership projects in Malaysia
title_fullStr A SWARA-COPRAS approach to the allocation of risk in water and sewerage public-private partnership projects in Malaysia
title_full_unstemmed A SWARA-COPRAS approach to the allocation of risk in water and sewerage public-private partnership projects in Malaysia
title_sort swara-copras approach to the allocation of risk in water and sewerage public-private partnership projects in malaysia
publisher Vilnius Gediminas Technical University
publishDate 2019
url http://eprints.utm.my/id/eprint/89228/1/NordinYahaya2019_ASWARACOPRASApproachtotheAllocationofRisk.pdf
http://eprints.utm.my/id/eprint/89228/
http://dx.doi.org/10.3846/ijspm.2019.8066
_version_ 1692991761667850240
score 13.211869

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