2005 Management of investment projects in public sector
- Study programme and level: Master’s Degree Programme Administration- Public sector governance 2nd Cycle
- 1st year
- 6 ECTS
- Course type: Core elective
- Lectures: 21
- Seminar: 11
- Other forms of study: 88
- Individual work: 60
- Lecturer: Jože Benčina, PhD
2. Content (Syllabus outline)
- Public investment, investment programs and projects
- Principles of effective public investment
- Efficiency, productivity and performance of public investment
- Management of public investment assessment framework
- Public investment design for sustainable value creation
- Programming and planning of public investment projects
- Public investment project management in the context of results based management
- Planning and evaluation of public investment project design process
- Principals of project management
- Tools of project management
- Assessing uncertainty and risk in public sector investment projects
- Management of public investment projects in different contractual modes stressing PPP
- Miranda Sarmento, J., Renneboog, L., 2017. Cost Overruns in Public Sector Investment Projects. Public Works Management & Policy 22, 140–164. doi:10.1177/1087724X16668357
- Sartori, D., 2015. Guide to cost-benefit analysis of investment projects: economic appraisal tool for cohesion policy 2014 - 2020, Dec. 2014. ed. Publ. Office of the Europ. Union, Luxembourg. P.: 349.
- IMF, 2015. Making Public Investment More Efficient. International Monetary Fund, Washington D.C. p.:68.
- OECD, 2014. The Principles on Effective Public Investment across Levels of Government [WWW Document]. p:30. URL https://www.oecd.org/effective-public-investment-toolkit/theprinciples.htm (accessed 8.29.16).
- Blum, J.R., 2014. What predicts how World Bank public sector management projects perform? A review of the World Bank’s public sector management portfolio. Washington, DC: The World Bank. P.: 96. siteresources. worldbank. org/EXTPREMNET/Resources/EP100. pdf.
- Pandremmenou, H., Sirakoulis, K., Blanas, N., 2013. Success Factors in the Management of Investment Projects: A Case Study in the Region of Thessaly. Procedia - Social and Behavioral Sciences, Selected papers from the 26th IPMA (International Project Management Association), World Congress, Crete, Greece, 2012 74, 438–447. doi:10.1016/j.sbspro.2013.03.032
- Dabla-Norris, E., Brumby, J., Kyobe, A., Mills, Z., Papageorgiou, C., 2012. Investing in public investment: an index of public investment efficiency. J Econ Growth 17, 235–266. doi:10.1007/s10887-012-9078-5
- IFAC, 2012. Project and Investment Appraisal for Sustainable Value Creation [WWW Document]. ePaperFlip. p: 31.
- Bock, K., Trück, S., 2011. Assessing Uncertainty and Risk in Public Sector Investment Projects. Technology and Investment 2, 105–123. doi:10.4236/ti.2011.22011. URL viewer.epaperflip.com/Viewer.aspx (accessed 8.26.16).
- 1Kettl, D.F., 2006. The global public management revolution. Brookings Institution Press. p.:385.
4. Objectives and competences
- understands key project management efficiency factors and particularities of project management in public sector,
- designs project with special consideration project goals,
- designs project organisation considering public sector specialities (stakeholder interests) and optimisation of project team roles occupation,
- analyses the progress of a project with special attention to relation between stakeholders interests and governance and management issues,
- considering the results of the project progress analysis proposes or/and takes decisions about obstacles and discrepancies elimination,
- plans and executes reconciliation of viewpoints between stakeholders of an investment project to gain an optimal level of consensus.
Student is qualified:
- to elaborate project documentation and manage budgetary projects financed by sources of European Union
- planning and management considering risks at project management
- to set-up an optimal project team from the given group of workers
- to prepare and execute interests reconciliation between investment project stake holders.
5. Intended learning outcomes
- be acquainted with the importance of investment project evaluation and be able to implement project evaluation methods efficiently,
- understand special issues of project management in public sector and be able to plan and execute stakeholders interests reconciliation
- be capable of prioritisation of investment projects,
- be able of project goals risk estimation and their minimisation ,
- be capable of taking governance or management role in an investment project,
- judge the project results in term of their meaning for different stakeholders.
6. Learning and teaching methods
- project work
- seminar paper
- (group) presentation
- written and/or oral exam 50 %
- seminar or project work and/or oral presentatoin 30 %
- coursework and active class participation 20 %
8. Lecturer's references
- BENČINA, Jože, DEVJAK, Srečko (2010). Developing a system of indicators for local community results from the developmental planning point of view. Management (Engl. ed.), vol. 15, no. 54, str. 59-68
- BENČINA, Jože, DEVJAK, Srečko (2011). Celovito obvladovanje kakovosti pri izvajanju nalog lokalne skupnosti : primer predšolske vzgoje = Total quality management in the implementation of tasks of the local community : the case of pre-school education. Uprava (Ljubl.), jun. 2011, letn. 9, št. 2, str. 37-57.
- BENČINA, Jože (2011). Fuzzy decision trees as a decision-making framework in the public sector. Yugosl. j. oper. res., 2011, vol. 21, no. 2, str. 205-224.
- BENČINA, Jože, MRĐA Anja (2013). The Factor Model of Decentralization and Quality of Governance in European Union. International Public Administration Review, Fakulteta za upravo 2013.
- JUKIĆ, Tina, VINTAR, Mirko, BENČINA, Jože (2013). Ex-ante evaluation : towards an assessment model of its impact on the success of e-government projects. Information polity, , 2013, vol. 18, no. 4, str. 343-361.
- BENČINA, Jože, DEVJAK, Srečko, UMEK, Lan (2015). Determining the adequacy of operation of DMUs in health care. Management, ISSN 2406-0658, 24. jan. 2015, issue 73, str. 25-34