Decision-making Process in Infrastructure Projects and Losses due to Delayed Decision-making in Public Sector Projects of Pakistan

Rashid Kamran, Muhammad Qasim, Muhammad Usman Latif and Waqas Shabeer

Journal of Infrastructure Development, 2022, vol. 14, issue 1, 24-36

Abstract: In recent years, the subject of decision-making in public infrastructure projects has become an important topic not only in project management but also in programme and portfolio management literature. Today, interdisciplinary projects are becoming a key focus in the collection, design and execution of government-sponsored programmes. With the various underlying risks and uncertainties, developed countries greatly depend on strategic planning regarding decision-making in infrastructure projects, whereas, in developing countries, the public sector programmes and projects are greatly affected by the lack of standardised and robust decision-making. This is primarily due to the lack of expertise to deal with the increasing complexity of the projects. This article aims at analysing the decision-making process in infrastructure development programmes/projects and discusses the factors affecting the decision-making process and thereby statistically chalking out the key losses caused by the delay in decision-making process in the public sector infrastructure projects of Pakistan. The findings will contribute towards understanding the criticality of decision-making process and mitigating the delay factors by encouraging to introduce standardisation in decision-making processes in the public sector. JEL Classification: C51, D7, D91, L74, O18

Keywords: Decision-making; infrastructure development; construction projects; Pakistan; infrastructure project; public sector (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:sae:jouinf:v:14:y:2022:i:1:p:24-36

DOI: 10.1177/09749306221092533

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