John Child, David Faulkner, Stephen Tallman, and Linda Hsieh
- Published in print:
- 2019
- Published Online:
- June 2019
- ISBN:
- 9780198814634
- eISBN:
- 9780191852374
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/oso/9780198814634.003.0020
- Subject:
- Business and Management, Strategy
Chapter 20 discusses public–private partnerships (PPPs) between government and major corporations. Generally, in PPPs the government sets the task and agrees the fee, while the private sector does ...
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Chapter 20 discusses public–private partnerships (PPPs) between government and major corporations. Generally, in PPPs the government sets the task and agrees the fee, while the private sector does the work and incurs the costs whilst receiving a contractually agreed profit. The project is normally building a major infrastructure facility. This arrangement has been very popular in the UK until recently, as well as in many other countries. In the USA a strong lobby is advocating the increased use of PPPs to update the country’s infrastructure. The chapter notes that the idea of public–private partnership is a good one in principle, but that scandals of excess profits (and sometimes losses) can result from deficiencies in negotiation and implementation. The chapter also considers success criteria for PPPs and concludes that they vary according to the political situation and hence motivation in the country in question.Less
Chapter 20 discusses public–private partnerships (PPPs) between government and major corporations. Generally, in PPPs the government sets the task and agrees the fee, while the private sector does the work and incurs the costs whilst receiving a contractually agreed profit. The project is normally building a major infrastructure facility. This arrangement has been very popular in the UK until recently, as well as in many other countries. In the USA a strong lobby is advocating the increased use of PPPs to update the country’s infrastructure. The chapter notes that the idea of public–private partnership is a good one in principle, but that scandals of excess profits (and sometimes losses) can result from deficiencies in negotiation and implementation. The chapter also considers success criteria for PPPs and concludes that they vary according to the political situation and hence motivation in the country in question.
Kai R. Larsen and Daniel S. Becker
- Published in print:
- 2021
- Published Online:
- July 2021
- ISBN:
- 9780190941659
- eISBN:
- 9780197601495
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/oso/9780190941659.003.0002
- Subject:
- Business and Management, Information Technology, Innovation
This section covers the first steps of a the Machine Learning Life Cycle Model; how to specify a business problem, acquire subject matter expertise, define prediction target, define unit of analysis, ...
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This section covers the first steps of a the Machine Learning Life Cycle Model; how to specify a business problem, acquire subject matter expertise, define prediction target, define unit of analysis, identify success criteria, evaluate risks, and finally, decide whether to continue a project. Focus is on who will use the model, whether management is supportive, whether the drivers of the model can be visualized, and how much value a model can produce.Less
This section covers the first steps of a the Machine Learning Life Cycle Model; how to specify a business problem, acquire subject matter expertise, define prediction target, define unit of analysis, identify success criteria, evaluate risks, and finally, decide whether to continue a project. Focus is on who will use the model, whether management is supportive, whether the drivers of the model can be visualized, and how much value a model can produce.
Johannes Foufopoulos, Gary A. Wobeser, and Hamish McCallum
- Published in print:
- 2022
- Published Online:
- April 2022
- ISBN:
- 9780199583508
- eISBN:
- 9780191867019
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/oso/9780199583508.003.0011
- Subject:
- Biology, Disease Ecology / Epidemiology, Biodiversity / Conservation Biology
Managing an infectious disease threat requires, first, determining the extent of the threat, and, second, identifying the nature of the threat. This is often not straightforward. Once the nature and ...
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Managing an infectious disease threat requires, first, determining the extent of the threat, and, second, identifying the nature of the threat. This is often not straightforward. Once the nature and severity of the threat have been identified, it is essential to develop a management plan. Management plans require the following: clear objectives; evaluation of costs, benefits, and risks; capacity for adaptation; and clear success and failure criteria, together with stopping rules. Objectives might include: (i) preventing arrival and establishment of an infectious agent; (ii) eliminating an infectious agent from a population, region, or even globally; (iii) allowing the continued persistence of a population in the presence of disease; or (iv) using an infectious agent for the biological control of an invasive or pest species. These objectives are explored in detail in Chapters 12–15. Disease management also raises ethical questions, dealt with in Chapter 16 of the book.Less
Managing an infectious disease threat requires, first, determining the extent of the threat, and, second, identifying the nature of the threat. This is often not straightforward. Once the nature and severity of the threat have been identified, it is essential to develop a management plan. Management plans require the following: clear objectives; evaluation of costs, benefits, and risks; capacity for adaptation; and clear success and failure criteria, together with stopping rules. Objectives might include: (i) preventing arrival and establishment of an infectious agent; (ii) eliminating an infectious agent from a population, region, or even globally; (iii) allowing the continued persistence of a population in the presence of disease; or (iv) using an infectious agent for the biological control of an invasive or pest species. These objectives are explored in detail in Chapters 12–15. Disease management also raises ethical questions, dealt with in Chapter 16 of the book.