
CESA School of Consulting Engineering joins forces with PPP Training Online
An Engineering News article, “South Africa’s streamlined PPP framework could unlock infrastructure”, published on 21 June 2024, is an appropriate headline to attract its readers’ attention. It’s necessary to emphasise that the World Bank Group (WBG) has played a pivotal role in assisting South Africa in reviewing the PPP Framework and implementing the suggested changes.
An Engineering News article, “South Africa’s streamlined PPP framework could unlock infrastructure”, published on 21 June 2024, is an appropriate headline to attract its readers’ attention. It’s necessary to emphasise that the World Bank Group (WBG) has played a pivotal role in assisting South Africa in reviewing the PPP Framework and implementing the suggested changes.
The WBG developed the Certified PPP Professional Program (CP3P) and appointed APMG International as the accreditation and examination agent. The WBG strives to achieve a common language and knowledge to improve the performance of PPPs by enhancing and standardising practices worldwide. PPP Training Online (PPPTO) is Africa’s go-to Accredited Training Organisation.
It is important to note that a PPP Unit’s regulatory function significantly assists in minimising fraud. The new South African PPP Framework will help speed up the project preparation process, but we all know that mega infrastructure projects are not delivered in a short period. Procurement using a traditional procurement or PPP model will take time, especially while gathering historical data to estimate the project life cycle – and significant risk costs.
Preparing a proper risk matrix involves identifying and prioritising risks and estimating the probability that risks may materialise. Attaching a monetary value, allocating risks to the private sector, determining mitigation options, and including these outcomes in a draft PPP contract takes time.
International and African countries use PPPs as an alternative procurement and financial structuring model to increase economic growth. The time has come for South Africa to re-establish itself as a significant African economy and a leader in developing innovative and productive PPP transactions.
Practitioners in the PPP sphere can “be recognised internationally as a certified PPP Professional,” enhancing their careers by developing the required skills.
CESA School of Consulting Engineering (SCE) has joined forces with PPP Training Online (PPPTO), the APMG International accredited training organisation, supporting over 700 African candidates who have successfully participated in the Certified PPP Professional Program.
PPP Training Online invite CESA members to join us in one of the following discounted CP3P Foundation courses, which will cover the following:
- Foster a standard minimum level of knowledge and understanding amongst practitioners.
- Assist practitioners in leveraging finance and efficiencies from the private sector.
- Provide practitioners with an in-depth knowledge of PPPs in practice.
- Allow for ECSA 3 CPD points.
Register now on the SCE website for one of the following courses :
- CP3P Foundation Live Online course 20 – 22 August 2024.
- CP3P Foundation Classroom- Based course 1 – 3 October 2024
Note: To learn more about the CP3P Foundation courses and how they can benefit your career, please contact us at rsingh@ppptrainingonline.com
- Web page: https://ppptrainingonline.com/about-us/.
- LinkedIn: https://www.linkedin.com/in/andre-kruger-a269114/.