3.2.1 Project Objectives

Establish the objective of the project:

This objective should be determined by the PPP Project Team through discussions with the Partnership Committee. Moreover, the objective(s) should be defined so as to be clear, measurable goals that can be achieved within a specified timeframe.

These objectives can be utilised as part of a post-implementation review to assess the success of the Project. Objectives should be focused on outcomes, not operations, and on outputs, not processes.

An illustrative list of suggested Government Entity and project objectives for different types of projects can be found in the table below:

This section is important in order to demonstrate that the government is committed to the project, as it fulfills certain specific objectives that the project aims to achieve, in part or in whole, and the concerns of potential investors have been incorporated. Hence, in effect, once the Feasibility Study is approved, it can convince investors during the procurement phase that the Authority is committed to this project as it is designed to meet immediate and specific aims. This objective would ultimately determine the detailed performance metrics for the private sector.