Guidelines for the choice of economic public infrastructure projects

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dc.contributor.authorPienaar, W. J.
dc.date.accessioned2012-02-13T11:51:46Z
dc.date.available2012-02-13T11:51:46Z
dc.date.issued2002
dc.descriptionThe original publication is available at http://www.satnt.ac.za/en_ZA
dc.description.abstractThis article provides guidelines for selecting public infrastructure projects based on economic criteria. Project evaluation, selection and prioritisation criteria are listed, followed by a description of the way in which the result of each evaluation technique should be interpreted. Criteria that should be adhered to in the selection of mutually exclusive projects and the prioritisation of functionally independent projects in order to maximise net social benefit in the long run are supplied. Application of the proposed investment decision rules is illustrated through the use of examples. Two techniques are proposed that can be used as additional decision-making instruments when evaluated projects show similar degrees of long-term economic viability.en_ZA
dc.description.versionPublishers' Versionen_ZA
dc.identifier.citationPienaar, W.J. 2002. Guidelines for the choice of economic public infrastructure projects. Suid-Afrikaanse Tydskrif vir Natuurwetenskap en Tegnologie, 21(2), 47-55.en_ZA
dc.identifier.issn0254-3486 (print)
dc.identifier.issn2222-4173(online)
dc.identifier.urihttp://hdl.handle.net/10019.1/19730
dc.language.isoafen_ZA
dc.publisherAOSIS OpenJournalsen_ZA
dc.rights.holderCopyright is retained by the author(s)en_ZA
dc.subjectPublic infrastructure projectsen_ZA
dc.subjectEconomic criteriaen_ZA
dc.subjectFunctionally independent projectsen_ZA
dc.subjectDecision-making instrumentsen_ZA
dc.titleGuidelines for the choice of economic public infrastructure projectsen_ZA
dc.title.alternativeRiglyne vir die keuse van ekonomiese openbare infrastruktuurprojekteen_ZA
dc.typeArticleen_ZA
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