What characterizes a private project?

• A. A project that is owned and operated by the government.
• B. Financed, controlled or commissioned by a private party; i.e. not government.
• C. A project that is funded by international donors with no private involvement.
• D. A project in which public agencies own all assets.

Answer: (B)

A private project is defined by involvement from the private sector in funding, control, or commissioning, rather than the government. In this setup, a private party finances the work or takes on key decision-making and responsibility for delivering the project, while the government may act as a client or regulator but does not own and operate the assets. This private leadership in funding and governance distinguishes it from public projects where government ownership and operation are central, or from donor-funded efforts with no private involvement.