Introduction:

Public-Private Partnerships (PPPs) are an arrangement between two or more public and private sector organizations to finance, build and operate a public infrastructure project. In this arrangement, the public partner is a local, state or central government while the private partner is a single privately owned business or an association of businesses with similar expertise. PPPs could be for short-term or long-term and may or may not involve the element of funding. PPPs are extremely necessary and beneficial for large-scale projects that require focused and strategic planning, implementation and operation as well as high skill and funding. In this arrangement, the risks are distributed between the partners depending on which partner has the ability to assess, control and cope with the risks. PPPs are extremely advantageous to the public because they result in better, faster and well-managed public services. Because of the involvement of a private sector partner in this association, the best innovation and technologies significantly contribute to the overall success of the project, mainly operational efficiency. The economic diversification through this project makes the public sector, governments and the nation stronger and more competitive. The degree of involvement of the private and public partners determines whether it is a substitutive or collaborative partnership. A substitutive partnership is one in which the private partner completely replaces the public sector partner; on the other hand, collaborative partnership is one in which each partner has specific functions. PPPs are the best way to undertake large-scale projects that are critical in terms of timelines and quality because the public sector alone lacks funds, skill, and technology to expedite the entire process and give the best outcome. The uncertainty of the success or return on investment for a project is mitigated through PPPs because the private sector partner reduces the risk of failure through well-thought strategies and plans at the start of the project, with the best use of skill and technology to support the project throughout. Thus, given the multiple benefits of this type of partnership, it is extremely important that public sector professionals and private sector owners understand these thoroughly and realise the advantages of optimally using these to successfully implement projects with least risk and deliver high-quality services to citizens.

Course Objective

The main objective of this course is to empower public and/or private sector professionals with—

• An in-depth understanding of all principles and information related to PPPs.
• Necessary information and experience to choose the correct type of PPPs and successfully implement PPP programs and initiatives.
• Complete clarity on the role and importance of each partner in a PPP.
• Additional skill and capabilities to work with the most advanced technologies and innovations of the private sector.
• Experience of working with government and government regulations and legislations.
• Exposure to large-scale projects and their planning, implementation, and operations.
• The ability to devise strategic plans around manpower, funding and project timelines, and exposure to the public and private sectors, thus expanding their professional portfolio.
• The ability to work in any sector and successfully spearhead large projects with high quality and within set timelines.

Organization Benefit

With public and/or private sector professionals attending the course, the respective organisations will benefit in the following ways:

• A more skilled and experienced workforce to manage large-scale projects and operations.

• Seamless and timely completion of projects with high-quality results.

• More innovation and faster implementation because of use of advanced technologies.

• Risk mitigation because of higher skill contribution and greater experience from both sectors addressing almost all challenges in their own capacity.

• Higher potential and preparedness to enter into PPPs because of technically equipped and trained employees to successfully undertake these.

• A more strategic and planned approach to projects, thus leading to achievement of all objectives at the end of the project.

• Greater accountability and ownership throughout the project.

• Higher quality of services to the public because of skill or fund availability and support.

• Greater customer satisfaction because of better services.

Personal Benefit

Through this course, public and/or private sector professionals will derive the following benefits:

1. In-depth understanding of PPPs and their benefits to the respective organisations.
2. Increased skill and experience to play an important role in strategizing and implementing the best-suited PPP for one’s organization.
3. Increased skill and experience to play an important role in strategizing and implementing the best-suited PPP for one’s organization.
4. Greater ability and broader perspective to think and innovate for better ways to complete a project.
5. Hands-on experience of working in large-scale projects involving large-scale operations and critical decision making.
6. Better financial planning and accounting skills because of funding decisions at such a large platform.
7. Higher potential and preparedness to work in any sector, thus expanding the spectrum of opportunities for career growth and progression.
8. An enhanced work ethic because of interaction and coordination with highly experienced professionals from both sectors.
9. Greater opportunities to play an important role in providing good services to citizens.



Training Methodology

This ICDRC Talent Solutions course is delivered in various training formats customized to the audience and their professional backgrounds. The training method includes face-to-face presentations by the trainer and assignment-related presentations by the trainees, case study discussions, best practice sharing through experiential learning activities, role-plays, etc. Recent examples of successful PPPs are also discussed in detail. Like all ICDRC Talent Solutions courses, this course follows our Do–Review–Learn–Apply Model.

Contact us