Editing Public–private partnership (section)

===Risks===
Within public-private partnerships (PPPs), there are various risks associated. One risk common within PPPs is the lack of proper or accurate cost evaluation. Oftentimes the estimated costs of a project will not properly account for delays or unexpected events, leading to the costs to be larger than what was projected.<ref>{{cite journal |last1=Hodge |first1=Grame A. |title=The risky business of public-private partnerships |journal=Australian Journal of Public Administration |date=2004 |volume=63 |issue=4 |page=39|doi=10.1111/j.1467-8500.2004.00400.x }}</ref> Another risk within this area is with change of governance from differing political representatives could lead to projects being diminished or reduction of the allocated budget. This is common within PPPs as different political actors are likely to scrutinise their opponents based on their ideological positions.