Grey Clustering Evaluation for the Cooperation Efficiency of PPP Project: Taking Beijing Metro Line 4 as an Example
Joint Authors
Sun, Hui
Wang, Yuning
Liang, Yingzi
Source
Mathematical Problems in Engineering
Issue
Vol. 2019, Issue 2019 (31 Dec. 2019), pp.1-13, 13 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2019-04-21
Country of Publication
Egypt
No. of Pages
13
Main Subjects
Abstract EN
PPP model is an important model which provides public products or services based on the coordination between the public sector and private sector.
The implementation of PPP model is helpful for relieving the stress of insufficient funding for public sector and improving the efficiency of resource allocation.
Comparing with traditional infrastructure project, PPP project involves many stakeholders, and the cooperation efficiency during the different stakeholders impacts the results of the project directly.
Thus, it is important to explore the cooperation efficiency of PPP project.
Based on grey clustering model, this paper evaluates the cooperation efficiency of PPP project.
An evaluation index system including 36 indexes is established based on the aims and objectives of three stakeholders (public sector, private sector, and passengers).
A case study of Beijing Metro Line 4 PPP project is implemented to verify the validity and applicability of the evaluation model.
And the results showed that the cooperation efficiency of Beijing Metro Line 4 PPP project is relatively high.
The model also provided insights into the shortage of the cooperation efficiency of Beijing Metro Line 4 PPP project.
As such, the results can assist all stakeholders in adjusting the cooperation efficiency.
American Psychological Association (APA)
Sun, Hui& Liang, Yingzi& Wang, Yuning. 2019. Grey Clustering Evaluation for the Cooperation Efficiency of PPP Project: Taking Beijing Metro Line 4 as an Example. Mathematical Problems in Engineering،Vol. 2019, no. 2019, pp.1-13.
https://search.emarefa.net/detail/BIM-1197447
Modern Language Association (MLA)
Sun, Hui…[et al.]. Grey Clustering Evaluation for the Cooperation Efficiency of PPP Project: Taking Beijing Metro Line 4 as an Example. Mathematical Problems in Engineering No. 2019 (2019), pp.1-13.
https://search.emarefa.net/detail/BIM-1197447
American Medical Association (AMA)
Sun, Hui& Liang, Yingzi& Wang, Yuning. Grey Clustering Evaluation for the Cooperation Efficiency of PPP Project: Taking Beijing Metro Line 4 as an Example. Mathematical Problems in Engineering. 2019. Vol. 2019, no. 2019, pp.1-13.
https://search.emarefa.net/detail/BIM-1197447
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1197447