Infrastructure Planning & Feasibility Flashcards
7 cards from real CP3P practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Infrastructure Planning & Feasibility flashcards as text
What is the primary purpose of a feasibility study in P3 project development?
Answer: To assess whether a project is technically, financially, and legally viable
A feasibility study evaluates technical, financial, and legal viability before committing significant resources to P3 project development.
Which stage typically precedes the development of a P3 feasibility study?
Answer: Needs assessment and project identification
Needs assessment and project identification come first, establishing the service gap or infrastructure problem the P3 project is intended to solve.
In P3 infrastructure planning, what does a 'project pipeline' refer to?
Answer: A prioritized list of P3 projects planned for procurement
A project pipeline is a government's published, prioritized program of P3 projects intended for market, which signals opportunity to private investors and developers.
What is the purpose of an 'options analysis' in P3 project planning?
Answer: To compare P3 delivery against other procurement methods and alternatives
Options analysis compares P3 delivery against conventional procurement and other delivery alternatives to determine the most appropriate method for a given project.
Which factor is most critical when determining whether a project is 'P3-suitable'?
Answer: Whether the project can attract private investment through revenue potential and meaningful risk transfer
P3 suitability hinges on whether a project offers sufficient revenue potential and meaningful risk transfer to attract and justify private sector investment and management.
What is a 'pre-feasibility study' in P3 project development?
Answer: A preliminary assessment to determine if a full feasibility study is warranted
A pre-feasibility study is a rapid, lower-cost preliminary assessment that determines whether sufficient project merit exists to justify investment in a comprehensive feasibility study.
In P3 infrastructure planning, what does an 'output specification' primarily define?
Answer: The performance outcomes and service levels the private partner must deliver
Output specifications define what service levels and performance outcomes the private partner must achieve, allowing flexibility in how they design and deliver the solution.