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BUSINESS INFORM №10-2015

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Section: Economic Theory
UDC 334.012.4
Afanasieva L. M.
Methodical Approach to Risk Management in the Public-Private Partnership Projects (p. 8 - 18)
The article presents an analysis of the structural elements of the available in Ukraine risk management methods related to public-private partnership (PPP). The review identified a number of discrepancies and gaps in the analysis of the PPP risks. Taking into consideration the research results, has been proposed to expand the range of possibilities for risk management up to five parameters (partners, processes, tools, structure and information) to provide an optimization of decision-making in the allocation of risks between the partners. The author specifies the need to take into account the behavioral aspect in the qualitative assessment of the PPP risks. In particular, the indicators have been identified, which contribute to an effective examination of the risk perception level by the PPP parties. The importance of understanding the essence of concept of «risks associated with PPP» by the partners is emphasized. Based on consideration of various approaches to definition of the essence of concept of «risks associated with PPP», a clarification has been made as well as a new vision for the content of the concept has been formulated. A conducted system analysis of the risk classifications has provided for compiling a typology of risks associated with PPP. A methodology for management of the PPP risks has been proposed, which takes account of the above listed aspects and summarizes the available methods.
Keywords: public-private partnership (PPP), risks of PPP, process of risk management, methodology, evaluation methods
Fig.: 4. Tabl.: 1. Formulae: 2. Bibl.: 26.

Afanasieva Larysa M. – Postgraduate Student, Department of Economic Analysis, Simon Kuznets Kharkiv National University of Economics (9a Nauky Ave., Kharkiv, 61166, Ukraine)
Email: [email protected]

Reference to this article:
Afanasieva, Larysa M. (2015) “Methodical Approach to Risk Management in the Public-Private Partnership Projects.” Business Inform 10:8–18.

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