EFFICIENCY OF STRATEGIC PUBLIC INVESTMENT MANAGEMENT OF IN THE CONSTRUCTION SECTOR

IF 1.2 Q4 ENGINEERING, INDUSTRIAL

International Journal for Quality Research Pub Date : 2023-09-16 DOI:10.24874/ijqr17.03-13

Oleksandr Radchenko, Oleksandr Nepomnyashchyy, Oleksandra Marusheva, Roman Prav, Viacheslav Shandryk

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Abstract

: In the course of the research, positive and negative effects of public investment management in the construction sector of low-income countries have been revealed. The negative effects of public investment management are connected with an insufficient level of public policy effectiveness and institutional capacity. In general, the lack of significant progress in all indicators of the efficiency of public governance for the period 1996‒2020 was noted in low-income countries. The specified determinants of public governance have a negative impact on the ability to effectively manage investment in the process of implementing state projects in the field of construction with the involvement of international organizations in developed countries. The analysis of the efficiency components of the management of investment projects under the leadership of the public sector reveals gaps in the supervision, quality of monitoring and evaluation during the implementation of projects. Such gaps are caused by factors characteristic of low-income countries, namely: 1) little or no progress in implementing the investment budget; 2) management difficulties related to the low level of productivity of public sector personnel, shortage of personnel and the need for their training; 3) cumbersome administrative government procedures; 4) lack of planning of project maintenance processes

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来源期刊

International Journal for Quality Research ENGINEERING, INDUSTRIAL-

CiteScore

2.70

自引率

33.30%

发文量

审稿时长

16 weeks

期刊介绍： International Journal for Quality Research examines new research and development at the quality. It provides a common forum for both frontline industrial management as well as pioneering academic research. The journal''s multidisciplinary approach draws from such fields as benchmarking, business excellence, e-quality, management systems, performance measurements and management, proces management and improvement, quality management, six sigma, supply chain management, quality and leadership, quality information systems, quality of life.