How to improve performance in public investment projects

Leandro Pereira, Álvaro Dias, Renato Lopes Da Costa and Rui Gonçalves

International Journal of Procurement Management, 2022, vol. 15, issue 2, 219-235

Abstract: The objective of this research work is to understand and identify the main cause failures and errors of public investment projects, which lead to significant deviations from the values estimated in economic studies and to propose solutions to prevent it in the future. This research was conducted in Portugal has as a sample of dozens of investment projects that were executed in the last 20 years. The main findings indicate that the factors that explain the low performance of the project are the adoption of non-validated assumptions, the lack of risk analysis, and the insufficient qualifications of the project evaluators. Considering the contributions, the main suggestion is the existence of a preventive entity to evaluate, analyse and assess in an independent way, social and economic return on investment for the society and for the shareholders.

Keywords: investment project; project analysis and evaluation; case study; ROI methodology; Gateway Review Process; GRP. (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.inderscience.com/link.php?id=121182 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijpman:v:15:y:2022:i:2:p:219-235

Access Statistics for this article

More articles in International Journal of Procurement Management from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().