Journal The American Planning Association -Myassignmenthelp.Com

Question: Discuss About The Journal The American Planning Association? Answer: Introduction The research proposal is developed to focus on the various ways by which risks are allocated during the management of public private partnership projects within the Australian construction industry. The research is undertaken to find ways by which risks will be allocated and managed in the PPP projects during the management of construction activities between the public and private parties involved within the construction industry of Australia (Hwang, Zhao and Gay 2013). Research background The background of the research illustrates the impact of issues on the public private partnership projects and handles those with ease and effectiveness. The public private partnership is an effective procurement strategy that has influenced the construction activities within the Australian construction industry and due to this, certain risks are emerging as well including the differentiating attributes of the projects and high costs involved to resolve those issues properly. By allocating the risks in PPP projects, it has also become easy to obtain knowledge and information and create opportunities for managing the risks with ease. Inadequate information and data are also other risks that have been allocated while managing the public private partnership projects within the construction industry of Australia (Cheung, Chan and Kajewski 2012). Though the public private partnership involves a contractual agreement between the public agency and private sector entity with skills, knowledg e and assets being shared along with the facilities and services, various issues have arisen that are needed to be allocated properly for successful project functioning. Research rationale The rationale of the research demonstrates the research problems faced while managing the public private partnerships and few of these risks are higher cost of development, bidding and management of construction sites, high cost attached to debt, politically and socially challenging projects, strict rules and regulations by law and Government. There could also be complexities associated with the risk allocation during the public private partnership projects when the documents and parties were not anticipated during the contractual agreements (Osei-Kyei and Chan 2015). Gaps in knowledge and opportunities could arise due to lack of authenticated articles and documents that would be needed for extracting the best quality data and information properly. These problems should be overcome by developing new private sector technologies and enabling innovation all throughout for delivering better public services and improving the operational effectiveness too. Research aim The aim of the research is to determine the ways by which risks are allocated for the public private partnership projects within the Australian construction industry. Research objectives To conduct a critical study relating to the present situation of considering the public private partnership within the construction industry in Australia To evaluate the most relevant public private partnership procurement strategies and case studies within the Australian construction industry To conduct surveys and obtain data and information from the people about the allocation of risks in PPP within the Australia construction industry To collect relevant data and information and find out how risks are allocated between the public and private parties to manage the PPP projects within the construction industry, Australia To conduct analysis of the information and data and develop a suitable framework for allocating the risks in PPP between both public and private parties Research questions How can the critical study of the literature provide an overview of the entire situation related to the allocation of risks for the PPPs in Australian construction industry? What are the most effective public private partnership procurement strategies managed within the construction industry of Australia? How could the surveys, data and information collected could help in allocating the risks in PPP for the construction industry? How could be the analysis of data and information help in the management of a suitable framework to allocate risks in PP for both the public and private parties? Research Hypothesis H0: The allocation of risks in public private partnership projects cannot create any positive impact on the operational efficiency and promote innovation H1: Risk allocation in PPPs within the construction industry of Australia could help in implementing new technologies and deliver best quality pubic services along with betterment of operational effectiveness. Literature review The public private partnerships are important aspects considered while managing procurement of infrastructure development projects within the construction industry of Australia. PPPs deliver greater value for money projects and it has been driven with the involvement of Government of Australia too. Due to the public private partnership procurement strategy, the risk allocation of resources in public private partnership projects is minimsed. Due to the emergence of various issues and problems, the conventional delivery model has been replaced with public private partnership model, which allows the public organisation to transfer the risks and allocate those to the private party, thereby reducing the costs incurred during the construction management largely (Chou and Pramudawardhani 2015). However, the allocation of risks could be challenging and even might cost a lot of money along with issues related to transfer of risks. Other than the lowering down of costs incurred during the cons truction project management, the tax payers have also gained value for money, due to which, the risks related to the project have also been reduced. While allocating the risks, it is important not only to reduce the impact but also to manage the risks properly by assigning those between both the Government and private sectors. Allocation of risks in PPPs is quite straightforward, because of which, the party that can be able to manage the risks are handed over the risks through allocation. Between the two parties, the concerned party must be able to identify the risk in quick time, understand its likelihood as well as reduce the impact by managing the risks allocation with ease and effectiveness. The party that is responsible for managing the risks also must bear the financial costs, keep costs lower and finally deliver the greatest value for money (Porwal and Hewage 2013). There are multiple public private partnership projects undertaken in the past few years, though few of those have been successful due to the allocation of risks in an appropriate way. To manage the risks, proper approaches should be followed and this could be t he distribution of risks and allocate those to respective authorities. When multiple risks arise, few of those could be allocated to the Government while the remaining risks should be allocated to the private sector. While undertaking the public private partnership projects, investigations should be done for allocating the risks accurately between the private and public sectors and ensure that a potential gap in knowledge could be understood. By managing public private partnerships in the construction industry, it has also become easy for transferring skills and knowledge and even export the competencies through bidding procedures. This is how the long-term value of money could be derived, furthermore should assist in managing the project with ease and efficiency through risk allocation (Ismail 2013). According to various authors, it was also found that the external factors like legal, political, social and economic factors contributed to the allocation of risks between the private and public parties and ensured successful undertaking and implementation of the project. With new issues arising, new scopes and opportunities were also created, which helped in managing the public private partnership projects with much ease and effectiveness. Though there are certain benefits, there are few disadvantages associated with the management of public private partnership projects too including the increased costs of development, bidding and business functioning. This can further create issues during the allocation of risks in PPPs during the project management within the construction industry of Australia. As during the management of construction project, both public and private parties are involved to form contracts and agreements, so there can be emergence of contractual issues too (Cruz and Marques 2013). The allocation of risks is one of the major aspects of the contract negotiations where two parties are involved, both private and public. One of the parties must focus on reducing the chances of risks and maximize the value for money. The risks are allocat ed through negotiations and drafting of contractual provisions. Nearly every provision of a commercial contract could be used for allocating the risks, few of the major tools that might be used for the purpose of risk allocation had been indemnification, payment terms and conditions, warranties of products and services, contractual remedies and limitations of liabilities (Liu and Wilkinson 2014) Research plan Main activities/ stages Month January Month Feb Month April Month July Month October Month December Selecting the topic of PPPs Framing layout of the research conducting a critical study of the literature Formation of the research Plan Selection of the Appropriate Research Techniques Conducting surveys to collect data Analysis Interpretation of Data related to the construction industrys PPPs Conclusion of the Study Formation of Rough Draft Submission of Final Work Systems of inquiry The various systems required for inquiring about the project management could be the induction, deduction and abduction. The inductive system can allow for making observations and understand he occurrence and impacts of risk allocation, furthermore determine the actual pattern to achieve the goals and objectives (svoll 2014). A tentative hypothesis will be developed to create justification of theory and ensure successful project management within the construction industry. The research methods of construction also can include the deduction system for inquiring about the risk allocation in PPPs through development of theories and hypothesis, furthermore make observations and confirm the actual results or outcomes (Siemiatycki and Farooqi 2012). The abduction system could allow for understanding the proposition of value, develop an insight and propositions, and furthermore obtain critical insight of the best-fit approaches. From the research, hypothesis was developed and observations w ere made based on the literature review section and so the deduction system was the most suitable. By choosing these systems of enquiry, it can be easy to understand the benefits of public private partnership procurement strategies and how risks will be allocated within the construction industry. It will also help in analyzing the collected data and information and furthermore ensure that the risks are allocated in such a manner to prevent any issues related to the public private partnerships in construction industry in the future. Approaches to empirical work The empirical work results could be obtained by obtaining knowledge gained through various experiments and observations made. The knowledge and information gained from various observations and experiments could be the empirical work. The knowledge could be obtained based on the express and tacit knowledge (Hartmann et al. 2012). Experience is one the approaches to empirical work, which focuses on understanding the various concepts of risk allocation and its impact in public private partnerships within the construction industry. Here express knowledge will be beneficial because various documents and articles can be searched to analyse the impact of risk allocation on the PPPs within the construction industry (Liu et al. 2014). The results obtained from empirical study should depend upon the things known by the researcher after studying the literature review section. Research design The designing of research should allow for finding out the accurate answers or solutions for the various problems or questions that might arise during the research conduction. The empirical design could help in understanding the kind of data and information to be collected, ways of collecting those and evaluating the appropriateness of those. The designs should though be created based on the approaches chosen including the positivistic and phenomenological approaches during the various stages of the project management. The phenomenological approach could be to develop new ideas and concepts by considering the induction approach to gain an in-depth analysis whereas the positivism should allow to identify the issues and decrease the chances of issues for the formulation of effective strategies (Zou et al. 2014). The positivistic approach to deduction could be considered as effective because of the testing hypothesis and enhanced scopes for formulation of strategies. Empirical design The approaches for managing the empirical design are case study analysis, providing survey questionnaires, observing the behaviors of participants and conducting experiments at laboratories. Among all these, the case study analysis and large scale surveys should be done by distributing survey questionnaires because there could be considered as most effective. It could create better scopes for remaining positivistic in approaches and interpret the data and information obtained through large scale surveys accurately (Neuman 2013). Sampling methods The probability and non-probability sampling methods are effective for selecting the right samples and obtain relevant data and information all throughout. The probability sampling method could be used to select random samples from a huge population and obtain their responses in the form of data whereas the non-probability sampling method could be done by using both purposive and convenient sampling methods. The purposive sampling could be used to gather quantitative data whereas the convenient sampling method should allow for fixing the most suitable time for the managers of the organizations within the construction industry and obtain their responses (Taylor, Bogdan and DeVault 2015). Sample size As the entire Australian construction industry was chosen here, so the sampling size should be chosen as 100 employees 40 managers of the different construction management businesses. Data collection The data collected must include both primary and secondary data. The quantitative data could be collected through random sampling process and by providing survey questionnaires to the respondents to obtain their responses and feedbacks. The qualitative data should be collected by interviewing the managers of the construction businesses, which comprise the primary data. The qualitative approaches should be descriptive though, which could provide a comprehensive view of the research subject and develop theories based on the data collected (Flick 2015). The secondary data should be collected by searching relevant articles, documents and websites to obtain the best quality information and conduct the research successfully. Data analysis The analysis of data will be done by using SPSS tool and representing those on graphical formats for understanding those with ease and effectiveness. Values and ethics The values and ethics will be maintained by managing confidentiality of information and maintaining privacy of the respondents of the research. The research materials could be used for academic purposes only and not for any commercial purposes. Most of the data and information obtained during the research should be destroyed for making sure that those do not fall in wrong hands (Yanow and Schwartz-Shea 2015). The research plan for 11 weeks research project should be created to focus on the various tasks and time duration allotted to those for the proper completion. The research plan and timeline should consist of various activities including the selection of research topic in the first week. The research topic was selected as risk allocation in public private partnership projects within the construction industry of Australia. The collection of data might be a daunting task because of measuring the accuracy and authenticated results that could be obtained based on the primary and secondary data collected. By collecting relevant data and information, a research layout should be formed, which could take nearly 3 months (Flach and Hadjiantonis 2013). Based on the various research data and information collected, it could be understood that it would be important for conducting a critical study of the literature review and create assumptions for understanding the empirical study and research des igns Methodology for 1 year thesis Task Name Duration Start Finish Thesis Plan 11.88 wks Tue 1/23/18 Mon 4/16/18 Development of proposal 4 wks Tue 1/23/18 Mon 2/19/18 finding appropriate literature on the field of research-1 20 hrs Tue 1/23/18 Thu 1/25/18 identify a particular literature to find the gap-1 20 hrs Thu 1/25/18 Mon 1/29/18 framing research question/Aims/rationale and objectives-1 20 hrs Tue 1/30/18 Thu 2/1/18 Preparing the outline proposal draft and acquiring feedback from the supervisor-2 20 hrs Thu 2/1/18 Mon 2/5/18 develop research proposal -2 20 hrs Tue 2/6/18 Thu 2/8/18 submit research proposal- 2 20 hrs Thu 2/8/18 Mon 2/12/18 review feedback and complete the research proposal by refining it-3 20 hrs Tue 2/13/18 Thu 2/15/18 prepare final research question-3 20 hrs Thu 2/15/18 Mon 2/19/18 Literature review 2 wks Tue 2/20/18 Mon 3/5/18 conduct extensive literature review on risk allocation in construction industry-4 20 hrs Tue 2/20/18 Thu 2/22/18 conduct extensive literature review on Public Private Partnership -5 20 hrs Thu 2/22/18 Mon 2/26/18 Conduct extensive review to identify the methods of distribution risk allocation between public and private parties-8 20 hrs Tue 2/27/18 Thu 3/1/18 developing in depth understanding of the topic-6 20 hrs Thu 3/1/18 Mon 3/5/18 Secondary data analysis 2.38 wks Tue 3/6/18 Wed 3/21/18 Data analysis to identify the risk allocation techniques in construction industry-7 25 hrs Tue 3/6/18 Fri 3/9/18 Data analysis to identify the methods of distribution risk allocation between publci and private parties-8 35 hrs Fri 3/9/18 Thu 3/15/18 Data analysis to develop a framework for better allocation of risk in PPP in construction industry-9 35 hrs Thu 3/15/18 Wed 3/21/18 Thesis submission 3.5 wks Wed 3/21/18 Mon 4/16/18 Prepare first draft of thesis-10 40 hrs Wed 3/21/18 Wed 3/28/18 Submit draft and get feedback-10 20 hrs Wed 3/28/18 Mon 4/2/18 prepare thesis-11 60 hrs Mon 4/2/18 Wed 4/11/18 submit thesis 20 hrs Wed 4/11/18 Mon 4/16/18 The practitioners or individuals involved with the management of public private partnership during the construction project management at Australia must know about the occurrence of risk allocation along with its probable impacts created. The private sector does not create much impact on the change in laws, rules and regulations and in such cases, the public agency or party might incur the most amount of risks associated with the management of projects within the construction industry of Australia (svoll 2014). The allocation of risks should be possible through gaining ultimate control over the costs of operations and furthermore provide better incentives to the private parties. The Government of Australia is responsible for managing the risk allocation occurrence while the private party manages the impacts. Based on this literature, it could be understood that for conducting the research based on the public private partnerships within the construction industry, a proper research pla n was needed to be developed. The research timeline showed above should not only assist in determining the time frame for each of the tasks but also could allow for maintaining a proper structure and flow of information and data all throughout the research conduction (Gregor, Mller and Seidel 2013). For conducting the empirical study, the express knowledge should be useful because the researcher could use the approaches, knowledge and information that could be known to him and on the basis of his experiences. For the research design, the positivistic approach to deduction should be considered as the most effective. To manage the empirical design and ensure successful accomplishment of research goals and objectives, the case studies should be analysed along with large scale surveys done with the use of survey questionnaires distributed to the respondents involved in the research. For the collection of data, both qualitative and quantitative data were needed to be considered. The qualitative data would be collected through social construction, which could help in focusing on the languages used while the descriptive approach could provide an in-depth view of the research subject based on the materials that were researched (Creswell and Poth 2017). Hypothesis shall be developed, whi ch can strengthen the efficiency of developing project scopes and enhance the efficiency of the research conduction. References svoll, H., 2014. Abduction, deduction and induction: can these concepts be used for an understanding of methodological processes in interpretative case studies?.International Journal of Qualitative Studies in Education,27(3), pp.289-307. Cheung, E., Chan, A.P. and Kajewski, S., 2012. Factors contributing to successful public private partnership projects: Comparing Hong Kong with Australia and the United Kingdom.Journal of Facilities Management,10(1), pp.45-58. Chou, J.S. and Pramudawardhani, D., 2015. 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