Value for Money in Investment Projects

Construction and reconstruction of settlements and individual municipalities, environmental management and the creation, deployment of the forces of production and building transport and technical equipment requires a large expenditure of material and human resources. That is why the economic aspects of the majority decision in these planes built in the foreground and are often decisive. Thereby but more serious is that the economic aspects of the settlement, the creation and function remain in their whole, unprocessed, and cannot speak of a set of individual techniques and methods traditional indicators and experiments with new approaches. This is true both at the level of the national economy, and in their own urban designs. Still a few remain identified specific economic shaping patterns of settlement and the less it is possible to speak of their control. Also practical assessing economics of specific solutions are often used non-apt indicators in addition to economics usually identifies with the lowest acquisition cost or high-intensity land use with little regard for functional efficiency and little studied much higher operating and maintenance costs".

Authors:

• Jan Ceselsky

Keywords:

• Investment
• municipal engineering
• value for money.

References:

[1] Hrůza, J. (1977). Slovník soudobého urbanismu. Praha: Odeon.
[2] Rektořík, J. and Hlaváč, J. (2012). Ekonomika a řízení odvětví technické
infrastruktury. Praha: Ekopress.
[3] Beran,V., Dlask, P., Schneiderová Heralová, R., Tománková, J. (2011).
Management udržitelného rozvoje území 3. Praha: Česká technika –
nakladatelství ČVUT.
[4] Vanier, D. J., & Danylo, N. H. (1998). Municipal infrastructure
investment planning: asset management. In Innovations in Ur-ban
Infrastructure Seminar of the APWA International Public Works
Congress.
[5] Uplatnění zásady „Hodnoty za peníze“ v investičním cyklu projektů
dopravní infrastruktury. (2014). 1st ed. (ebook) Available at:
http://www.vzdelavanimkekvalite.cz/PDFs/Hodnota_za_penize.pdf.
(Accessed 14 Jul. 2014).
[6] Anderson E., Renzio, P., Levy, S. (2006). The Role of Public Investment
in Poverty Reduction: Theories, Evidence and Methods. London:
Overseas Development Institute. ISBN 0 85003 796 4.
[7] Centennial Group. (2009). Public investment: Vital for Growth and
Renewal, but should it be Countercyclical Instrument? New York and
Geneva: United Nations.
[8] Goodman, A.S., Hastak M. (2006). Infrastructure Planning Handbook:
Planning, Engineering, and Economics. McGraw Hill ISBN: 978-0-07-
147494-8.