Probabilistic pre-requisites contributing to successful housing association partnering

The achievement of value for money has been paramount during the current economic climate. The reduction in investment into social housing projects has forced Housing Associations to further minimize waste and pursue the maximization of value. The success of the continually endorsed utilization of partnering arrangements to produce value for money is dependent upon the implementation of various pre-requisites. An in depth critical analysis was therefore undertaken to identify these necessary pre-requisites that facilitate a successful partnering outcome. This paper forms part of a wider research and provides a thorough review of the industry perceived pre-requisites to facilitate a successful partnering arrangement. This will enable an empirical assessment of the level of importance placed specifically by Housing Associations on the reviewed factors in future research and in the process contributes to a conceptual model for effective Housing Association partnering arrangements, however the model has not been considered in this paper. It is envisaged that the wider research, upon which this paper is based, will assist Housing Associations maximize value for money by increasing the likelihood of a successful partnering outcome through gaining an understanding of the most important pre-requisites to be implemented into the arrangement from a Housing Association perspective. It is also expected that this research will enable the differentiation between the most and least important pre-requisites identified within the literature, thus clarifying the necessary factors for Housing Associations to implement.