Abstract
M.Comm.
The creation of infrastructure services and products has traditionally been the
responsibility of the government, but this has changed with the private sector
becoming more involved through public private partnerships. This change has been
driven by the need for better value for money to the end user and the private sector's
ability to achieve higher efficiencies. The extent to which value for money will be
achieved will be largely dependent on the correct risk allocation between the parties
involved. An optimum risk allocation will ensure that the risk. Pricing is kept to a
minimum and thus achieve a cost effective product or service.