The internal rate of return (IRR) is a common financial indicator for private finance initiative (PFI) projects. Due to the long and complicated cash flow nature of PFI projects, more plausible IRR techniques are necessary for appropriate project evaluation and ranking. However, not all the...

Public–Private Partnership (PPP) in construction is gaining in popularity. Although papers published in major journals have documented real cases of PPP projects, there appears to be a lack of systematically summarizing what they have already provided. Consequently, this paper reviewed PPP...

A nation's construction industry is essentially home grown, a derivative of its culture, history, geography and economic circumstances with every building or road a unique product, always a prototype, unlike the honed prototypes set up for efficient production runs of other industries. In terms...