Public private : a fundamental research of Public Sector Comparator (PSC) as an evaluation tool for Value For Money (VFM) ASSESSMEN / Dr Roshana Takim, Dr Intan Rohani Endut and Kharizam Ismail

Globally, Public Private Partnership (PPP) is seen as an effective way to achieve value for money (VFM) in delivering of public projects. VFM is the term used to assess whether the organisation has obtained the maximum benefit from the goods and services it acquires over the whole life of a project....

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Main Authors: Takim, Roshana, Endut, Intan Rohani, Ismail, Kharizam
Format: Research Reports
Language:English
Published: Research Management Institute (RMI) 2011
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/25125/
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author Takim, Roshana
Endut, Intan Rohani
Ismail, Kharizam
author_facet Takim, Roshana
Endut, Intan Rohani
Ismail, Kharizam
author_sort Takim, Roshana
building UiTM Institutional Repository
collection Online Access
description Globally, Public Private Partnership (PPP) is seen as an effective way to achieve value for money (VFM) in delivering of public projects. VFM is the term used to assess whether the organisation has obtained the maximum benefit from the goods and services it acquires over the whole life of a project. Principally, VFM will be determined through the evaluation of financial and non-financial aspects to assess a range of project outcomes. It is usually associated with utilising innovative capabilities and skills, efficiency savings, fitness for purpose and best possible risk transfer to private sector. In order to assess whether a PPP proposed project is the optimal solution, it is necessary to determine whether it provides the best VFM outcome. The achievement of a VFM outcome is a crucial concept throughout the procurement process in all aspects of the project. Assessing the value of these variables requires a degree of judgment and the use of both quantitative and qualitative analysis…
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spelling uitm-251252019-08-06T03:44:37Z https://ir.uitm.edu.my/id/eprint/25125/ Public private : a fundamental research of Public Sector Comparator (PSC) as an evaluation tool for Value For Money (VFM) ASSESSMEN / Dr Roshana Takim, Dr Intan Rohani Endut and Kharizam Ismail Takim, Roshana Endut, Intan Rohani Ismail, Kharizam Management. Industrial Management Planning. Business planning. Strategic planning Globally, Public Private Partnership (PPP) is seen as an effective way to achieve value for money (VFM) in delivering of public projects. VFM is the term used to assess whether the organisation has obtained the maximum benefit from the goods and services it acquires over the whole life of a project. Principally, VFM will be determined through the evaluation of financial and non-financial aspects to assess a range of project outcomes. It is usually associated with utilising innovative capabilities and skills, efficiency savings, fitness for purpose and best possible risk transfer to private sector. In order to assess whether a PPP proposed project is the optimal solution, it is necessary to determine whether it provides the best VFM outcome. The achievement of a VFM outcome is a crucial concept throughout the procurement process in all aspects of the project. Assessing the value of these variables requires a degree of judgment and the use of both quantitative and qualitative analysis… Research Management Institute (RMI) 2011 Research Reports NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/25125/1/LP_ROSHANA%20TAKIM%20RMI%2011_5.pdf Takim, Roshana and Endut, Intan Rohani and Ismail, Kharizam (2011) Public private : a fundamental research of Public Sector Comparator (PSC) as an evaluation tool for Value For Money (VFM) ASSESSMEN / Dr Roshana Takim, Dr Intan Rohani Endut and Kharizam Ismail. (2011) [Research Reports] (Unpublished)
spellingShingle Management. Industrial Management
Planning. Business planning. Strategic planning
Takim, Roshana
Endut, Intan Rohani
Ismail, Kharizam
Public private : a fundamental research of Public Sector Comparator (PSC) as an evaluation tool for Value For Money (VFM) ASSESSMEN / Dr Roshana Takim, Dr Intan Rohani Endut and Kharizam Ismail
title Public private : a fundamental research of Public Sector Comparator (PSC) as an evaluation tool for Value For Money (VFM) ASSESSMEN / Dr Roshana Takim, Dr Intan Rohani Endut and Kharizam Ismail
title_full Public private : a fundamental research of Public Sector Comparator (PSC) as an evaluation tool for Value For Money (VFM) ASSESSMEN / Dr Roshana Takim, Dr Intan Rohani Endut and Kharizam Ismail
title_fullStr Public private : a fundamental research of Public Sector Comparator (PSC) as an evaluation tool for Value For Money (VFM) ASSESSMEN / Dr Roshana Takim, Dr Intan Rohani Endut and Kharizam Ismail
title_full_unstemmed Public private : a fundamental research of Public Sector Comparator (PSC) as an evaluation tool for Value For Money (VFM) ASSESSMEN / Dr Roshana Takim, Dr Intan Rohani Endut and Kharizam Ismail
title_short Public private : a fundamental research of Public Sector Comparator (PSC) as an evaluation tool for Value For Money (VFM) ASSESSMEN / Dr Roshana Takim, Dr Intan Rohani Endut and Kharizam Ismail
title_sort public private : a fundamental research of public sector comparator (psc) as an evaluation tool for value for money (vfm) assessmen / dr roshana takim, dr intan rohani endut and kharizam ismail
topic Management. Industrial Management
Planning. Business planning. Strategic planning
url https://ir.uitm.edu.my/id/eprint/25125/