Planning and Managing Public-Private Partnerships - Academy of Knowledge

Planning and Managing Public-Private Partnerships

Purpose of this Short Course

Governments worldwide have increasingly turned to the private sector to provide infrastructure services that were once delivered by the public sector. A Public-Private Partnership (PPP) is the appropriate vehicle for procuring a public asset or service. Thus, the intention for using a PPP as the preferred procurement option must firstly generate value for money, and additionally, transfer risk from the public entity to the private sector in a way that is affordable to the public institution.

It is vital that all stakeholders in a PPP agreement understand the contractual arrangements, objectives and risks associated with its establishment in order to generate the desired benefits. Moreover, the principle aim of this course is to help create a common ground for terminology regarding PPPs and the PPP process.

Short Course Outcomes

When completing this course the student will be able to:

  • Differentiate between PPP and traditional procurement and motivate why PPP deliver better value for money than traditional procurement.
  • Explain the limitations of PPPs.
  • Understand the features and benefits of the different PPP agreements/models and how to select the right model to achieve strategic objectives.
  • Discuss how governments can best facilitate the development of PPP projects, and what can governments do to foster a PPP enabling environment.
  • Identify and consider the risks involved in PPPs and how can these risks best be allocated or shared among partners.
  • Explain the importance for government to shift risk to the private sector and how such a transfer generates reward for both public and private partners.
  • Provide an overview of the PPP project cycle by explaining how suitable projects for PPP implementation can be identified, planned, implemented, assessed and delivered successfully.
  • Understand management-related matters that may arise once a PPP project is operational.
  • Distinguish between main options for financing PPP projects in relation to project structuring.
  • Comprehend key contractual relationship responsibilities for the selected PPP structure and related finance option.
  • Recognise methods to assess PPP project financing costs and overall profitability.
  • List the regulations for overall approval, implementation and evaluation of PPPs.
  • Describe the B-BBEE Framework and Balanced Scorecard as well as the Code of Good Practice.
  • Understand the reasons for utilising Special Purpose/Project Vehicles (SPVs).
  • Explain the importance of good governance in PPP agreements.
  • Understand and describe the functions of a PPP Unit.
  • Recognise the role of legislation as mechanism for soliciting sources of funding.

All short courses are completed individually through technology-enhanced distance learning. You do not need to attend any classes. You have access to your lecture videos and other material on a weekly basis, and all your assignments are submitted online.

The 2017 fee is R 9, 600.00. Persons based outside South Africa are charged the equivalent of the fee amount in GBP (pounds sterling) at current exchange rates. Payment of fees must be effected before access to the course. In special cases, an arrangement can be made for payment in two to three instalments.

Short courses are available internationally. A new cycle of short course starts the third Monday of January and every first Monday of each month except December. Please see the top right of the current page for the next start date of this short course. Although it is best to register as soon as possible before the start date, you may still join the course up to one week following the start date. If you miss that latest intake date (i.e. one week after the start date), you will be able to join the next cycle in the following month.

You will complete weekly exercises that are graded. The questions may involve multiple choice, a brief discussion of an important issue, or solving a short case study. Your final short course mark will be the average mark attained for the exercises (at least 50% to pass). A certificate is awarded upon successful completion of the short course. Should you achieve a distinction (75% or higher), this will be so indicated on your certificate.

The course is open to anyone who is basically proficient in English and has internet access.