Prasanna Mohanty | February 18, 2010
Conflict between the individual and the organisational objectives leads to delay in infrastructure projects at every stage, from planning to final execution, says a report by the Centre for Development Economics. Sure, the delay hinders economic growth.
The report says performance of north-eastern states and Jammu and Kashmir in implementing projects is worse than the rest. The study is based on 894 projects completed during April 1992-March 2009. It covers seventeen infrastructure sectors.
The report suggests that planning of projects with long implementation phase should be kept small as it is problematic. It also recommends that wherever possible, fixed-price rather than unit-price contracts should be used.
To read the full report click here: http://www.cdedse.org/pdf/work181.pdf
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