Efficiency Management of Public Infrastructure
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Date
2018-04
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
ДВНЗ «Київський національний економічний університет імені Вадима Гетьмана»
Abstract
Public infrastructure is a universal consumption product that must be provided for the population by the government. For State, regional administration or municipality planning and implementation is the significant task. Ensuring public infrastructure (construction as well as its further exploitation) requires substantial financial resources. Therefore, the main task
and challenge for the government is to create the infrastructure with the limited resources and with the term of maximum exploitation. It is also important to insure projects from the corruption facts. For this purpose, the transparent spending of funds should be ensured by active involvement of the public and proper financial management. Furthermore, it is substantial that we used innovative approaches during the project implementation process and to create more productive and high-quality products with the same or less expenditures. Finally, the project should be
accompanied by a risk management system in order to avoid undesirable event during the project implementation or its further exploitation period and to minimize potential threats of the project.
Description
Keywords
Public Infrastructure, Efficiency, Investment, Management
Citation
Narmania D. Efficiency Management of Public Infrastructure / Davit Narmania, Eka Chokheli // Стратегічні імперативи сучасного менеджменту : зб. матеріалів ІV Міжнар. наук.-практ. конф. (19–20 квіт. 2018 р.) / М-во освіти і науки України, ДВНЗ «Київ. нац. екон. ун-т ім. Вадима Гетьмана» ; редкол.: С. М. Соболь (відп. за вип.) [та ін.]. – Київ : КНЕУ, 2018. – С. 233–240.