Vol. 3, Issue 8, Part G (2017)

Abstract
Public private partnerships (PPP) is rising as dominant and popular model for fast and efficient development in developing countries. However, this model for sharing developmental responsibilities and assets by the state and people is highly vulnerable to various risks. Success of these projects depends upon assessment and allocation of risks. Assessment of risk allocation in Public private projects is an essence of every PPP project’s study. The study includes classification of different criteria which are accumulated from previous studies and literatures. From many modern methods for risk assessment the most popular methodology used is Analytical Hierarchy Process (AHP) which is used to assign weights and perform a Multi-criteria decision making process. The study discusses the process of getting weights for each criteria and process of ranking. The study of first three highly weighted criteria namely “Bear risk at lowest cost”, “Control chance of risk” and “Risk attitude” is done and it is tried to impart solutions to minimize their negative impact on PPP projects.