DBPapers
DOI: 10.5593/sgem2017/53/S21.074

PERFORMANCE EVALUATION OF INVESTMENT PROJECTS BETWEEN NECESSITY AND OPPORTUNITY

R.C. Dobrea, C. Dima, M. Pacurari, A.M. Ciobotaru
Wednesday 13 September 2017 by Libadmin2017

References: 17th International Multidisciplinary Scientific GeoConference SGEM 2017, www.sgem.org, SGEM2017 Conference Proceedings, ISBN 978-619-7408-10-2 / ISSN 1314-2704, 29 June - 5 July, 2017, Vol. 17, Issue 53, 595-602 pp, DOI: 10.5593/sgem2017/53/S21.074

ABSTRACT

The performance of investment projects and their impact on the beneficiaries represents a real challenge to the public and private entities, from the perspective of all resources involved and expected results, on all fields. The economic efficiency of investment projects, initially considered, by many others, as one of the main criterion in evaluating projects process, cannot be a real guarantee of performance projects.
At present is a need completing the process analysis and with other characteristics such as the level of strategic integration, sustainability and complementarity with the environmental and social challenges. The methods we use in the paper are some general and specific ones, for measuring the impact of the economic efficiency and performance projects. The aim of this paper is to identify some new directions of approach to substantiation and evaluation of investment projects, and the way they could be implemented in the context of issues prioritization and resource management.

Keywords: investment projects, economic efficiency, sustainability