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Definition: the BOOT Model is a public-private partnership (PPP) project financing model in which a private organization conducts a (typically large) development project under contract to a public-sector partner (e.g., a government agency). The public-sector partner may provide limited funding or other benefits but the private-sector partner assumes the risk associated with planning, constructing, operating and maintaining the project for a specified time period. During that time, the developer may charge customers who use the system or infrastructure. At the end of the specified period, the private-sector partner transfers the ownership to the funding organization for the amount stipulated. |
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More on project management: PMBOK, PRINCE2, Project Management, Project Termination, RACI. |
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