Identifying factors affecting cost management of investment projects in construction of technical infrastructure under the public-private partnership (PPP) approach

Abstract

The study identified 30 factors affecting the cost management of technical infrastructure construction investment projects under the public-private partnership (PPP). Through the process of collecting and analyzing survey data and applying the mixed method research in which the methods of analyzing the exploratory factor and of analyzing multivariate regression are mainly used in clarifying research issues and achieving the research objectives. From there, propose solutions and recommendations to contribute to improving the effectiveness of cost management of technical infrastructure construction investments under the public-private partnership (PPP). The content of the article focuses on 2 main issues: Research design, data collection procedure theoretical framework of the quantitative model and the results of the application for building effetive cost management model. The reliability and value of the scale are determined by Confirmatory factor analysis (EFA) shown that effitive cost management is influenced by 5 factors: Legal Framewwork (LF); Capacity of the parties involved (CP); Construction solutions (CS); Planning compliance (PC); Organizational Modeling (OM).

Keywords: Cost management; effective cost management; influencing factors; technical infrastructure; PPP projects.