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A Knowledge Transfer Framework : the PFI context

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journal contribution
posted on 10.02.2009, 12:55 by Patricia Carrillo, Herbert S. Robinson, Chimay J. Anumba, Nasreddine M. Bouchlaghem
The UK’s Private Finance Initiative market is predicted to rise to over £8 billion a year and there are indications of growing opportunities. PFI creates a long-term income stream and provides valuable opportunities for portfolio diversification. PFI has evolved at a fast pace and the momentum is set to continue. However, there are major challenges facing construction organisations. These include the lack of PFI experts, longer negotiation periods and tight time schedules to deliver large-scale schemes, high levels of investment and risks involved and limited knowledge transfer between PFI projects. Concerns over the level of knowledge sharing have prompted the development and evaluation of a Knowledge Transfer Framework that encourages construction organisations to transfer PFI knowledge between projects. It achieves this by building on a questionnaire survey of PFI clients and construction companies, case studies of companies involved in PFI, and research workshops to validate the framework developed.

History

School

  • Architecture, Building and Civil Engineering

Citation

CARRILLO, P.M. ... 2006. A Knowledge Transfer Framework : the PFI context. Construction Management and Economics, 24(10), pp. 1045-1056

Publisher

© Taylor & Francis

Version

AM (Accepted Manuscript)

Publication date

2006

Notes

This article was published in the journal, Construction Management and Economics [© Routledge (Taylor & Francis)] and the definitive version is available at: http://www.informaworld.com/smpp/content~content=a758293872~db=all~order=page

ISSN

0144-6193;1466-433X

Language

en