Skills gap spoils public-private deals
28 August 2012
A lack of skills in key areas is jeopardising projects launched under the government's Private Finance Initiative (PFI), according to a survey.
The Royal Institute of Chartered Surveyors (RICS) has found that only 8 per cent of its members currently involved in PFI have formal project management qualifications.
The problem is most acute in public-sector project management, where the missing skills include negotiation, whole life-cycle costing, construction, financial modelling, stakeholder management...