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Missing skills hinder PFI management

NEWS

A REPORT by the Royal Institution of Chartered Surveyors has found that a shortage of skilled project managers may be holding back Private Finance Initiative projects.

The study of members of the RICS project management faculty found that less than 8 per cent of those respondents actively involved in PFI had formal project management qualifications.

The report went on: 'The lack of the right skills is an important barrier to successful PFI.'

The RICS hopes to encourage its members to do more PFI project management training but claims other groups also have a role to play.The report concluded: 'There is also an onus on the private and public sectors to support training.'