Partnerships UK 42
passing rents 71
per capita consumption, growth 97, 98
performance criteria 35
performance management and measurement 43
pilot studies 81
pollution see air quality; noise; water quality
precautionary principle 81, 103
predatory pricing 52
present value
definition 103
see also net present value (NPV)
prevented fatalities and prevented injuries 61-2
price index, definition 103
prices
adjustment for changes in 25-6
adjustment for taxes 28
valuation of costs and benefits 19, 21-2
pricing 27
see also hedonic pricing; predatory pricing
PRINCE2 43
Private Finance Initiative (PFI) 103
adjustments for taxation differences 28
procurement process 42
private sector 37, 40-2, 56, 83-4
procurement 5, 9, 37, 40-2, 81
profit rents 71
programme and project management 37, 42-3
project plans 7
proposal, definition 103
public goods 51
Public Private Partnership (PPP) 42, 103
public sector comparator, definition 104