Inhaltsangabe
Excerpt from Development Projects Cost Dynamics
In the evolution of economic growth theory, gross national investment has remained an important determinant of the growth of national production capacity However, the efficiency and effectiveness of the investment processes at a macro level has not been discussed in the literature. The efficiency and effectiveness of such a process is very important to the real contribution of investment to the growth of production capacity. Low efficiency in the investment process would result in less production capacity for each unit of gross investment made. Low effectiveness of the investment process results in a long construction period and increases the capital cost of investment projects. The efficiency and effectiveness of the investment process becomes very important to the growth of national production capacity when governmental investment in development projects constitutes a major part of national investment, as is the case in many developing countries.
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Development Projects Cost Dynamics (Classic Reprint)
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Paperback. Zustand: New. Print on Demand. This book introduces a revolutionary model to understand the root causes of cost and time overruns in development projects, showing how they arise from the very structure of project costs. The author, an expert in system dynamics, explains that by dividing project costs into base and progress costs, an inherent dynamic arises that can trap projects in a cycle of inefficiency and ineffectiveness, regardless of the quality of individual project management. The book demonstrates how this dynamic can be overcome by striking a balance between project numbers and resource availability and discusses the importance of starting rate decisions. With clear explanations and real-world examples, this book offers valuable insights into the management of development projects and the efficient use of investment resources, making it essential reading for anyone involved in project planning and execution. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Bestandsnummer des Verkäufers 9781332258116_0
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