PPP projects have become a common form of delivery method for various types of projects. Their prevalence has been observed worldwide with an increase in use over the years. They have especially spread to the renewable energy sector with many governments supporting them in order to follow the UN’s Sustainable Development Goals. Although there is data available on PPPs, there is a lack of structured data and no framework to properly analyze the value from choosing PPP over the traditional method. This has been observed especially for renewable energy projects. In order to do so, a framework is proposed that addresses how value-for-money is calculated for these unique projects and how to determine whether PPP is the correct delivery method. This includes calculating the public sector comparator and using the net present value at risk approach.
Dr. Rana Khallaf is an Associate Professor in the Structural Engineering and Construction Management Department at Future University in Egypt where she has been working for the past six years. She obtained her PhD from Purdue University in Construction Engineering and Management and taught there as a lecturer before moving back to Egypt. She is a seasoned expert with over 13 years of experience in construction project management consulting, teaching, and research. Currently, Dr. Rana’s areas of interest include public-private partnerships, management of renewable energy projects, interactional analysis, digital twins, AI applications in construction, and lean construction. She was awarded a 2-year fund by the Science and Technology Development Fund (STDF) in Egypt to study “Financial assessment and value-for-money analysis of renewable energy PPP projects.” This research has led to several publications and won a best paper award at the Euro-Med-Sec conference in Leipzig, Germany in 2022. Dr. Rana is active in the research front and has published numerous conference and journal papers. She also develops training material and professional courses for the AEC industry and was an instructor for a USAID-funded project at the American University in Cairo for four years that served undergraduate students at public institutions all over Egypt. Prior to her PhD, Dr. Rana founded a project management consultancy office that served US-based projects in areas of scheduling, cost control, and delay analysis.