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on Project, Program and Portfolio Management |
By: | Jordi Blanes i Vidal; Marc Möller |
Abstract: | We use a mechanism-design approach to study a team whose members choose a joint project and exert individual efforts to execute it. Members have private information about the qualities of alternative projects. Information sharing is obstructed by a trade-off between adaptation and motivation. We determine the conditions under which first-best project and effort choices are implementable and show that these conditions can become relaxed as the team grows in size. This contrasts with the common argument (based on free-riding) that efficiency is harder to achieve in larger teams. We also characterize the second-best mechanism and find that decision-making may be biased either in favor or against the team's initially preferred alternative. |
Keywords: | teams, adaptation, motivation, decision–making, incentives |
JEL: | D02 D23 L29 |
Date: | 2013–05 |
URL: | http://d.repec.org/n?u=RePEc:cep:cepdps:dp1208&r=ppm |
By: | Andrei Barbos (Department of Economics, University of South Florida) |
Abstract: | We study a Bayesian game of two-sided incomplete information in which an agent, who owns a project of unknown quality, considers proposing it to an evaluator, who has the choice of whether or not to accept it. There exist two distinct tiers of evaluation that differ in the benefits they deliver to the agent upon acceptance of a project. The agent has to select the tier to which the project is submitted for review. Making a proposal incurs a cost on the agent in the form of a submission fee. We examine the effect of a change in the submission fees at the two tiers of evaluation on the expected quality of projects that are implemented by the evaluator. |
Keywords: | Evaluation, Project Screening |
JEL: | D01 D82 |
Date: | 2013–01 |
URL: | http://d.repec.org/n?u=RePEc:usf:wpaper:0913&r=ppm |
By: | Holvoet, Nathalie; Leslie, Glaister |
Abstract: | Despite the acknowledged importance of capacity development to developing countries achieving the Millennium Development Goals, and one quarter of global aid going to this purpose, there is little evidence of progress in this area. There are many reasons for this, of which one is the ineffective monitoring and evaluation (M&E) of capacity development. This paper therefore explores how donors can better monitor and evaluate capacity development interventions in developing countries. This was largely done by creating, for potential use by donors, a conceptual framework for M&E of capacity development that bricolaged key elements of existing M&E frameworks identified in academic literature. Using a capacity development project implemented by the Belgian Development Agency (BTC) in Rwanda, this framework was tested and adjusted where necessary. The testing process demonstrated that the bricolaged framework adequately captured most organizational areas that must be addressed for capacity to develop, as well as most reported changes to capacity itself. The subsequent inclusion of other elements in the framework resulting from the testing process further improved the framework’s power. This conceptual framework can be integrated into the logical framework, which is currently the most common tool that donors use to plan, monitor and evaluate capacity development projects. Piloting of this framework is recommended, however, to further validate this paper’s findings. |
Keywords: | monitoring and evaluation; capacity development |
Date: | 2013–05 |
URL: | http://d.repec.org/n?u=RePEc:iob:wpaper:2013005&r=ppm |
By: | Rogério Edivaldo Freitas; Israel de Oliveira Andrade; Geovane de Oliveira Lopes |
Abstract: | O estudo dedica-se à identificação das condições de contexto, operação e resultados do Fundo Setorial de Biotecnologia (FSB) e das pesquisas em biotecnologias desenvolvidas nos demais fundos setoriais, além de avaliar a distribuição regional dos recursos selecionados. As bases de dados empregadas incluem projetos de pesquisa de abrangência nacional de 1997 a 2008, geridos pelo Ministério da Ciência e Tecnologia (MCT) e pela Financiadora de Estudos e Projetos (FINEP), e também dados do Portal da Inovação, da Relação Anual de Informações Sociais (Rais) e do Instituto Brasileiro de Geografia e Estatística (IBGE). Os resultados apontam para diferenças de valores contratados, categorização dos projetos, áreas de conhecimento e distribuição geográfica dos recursos conforme pertençam ao FSB ou aos demais fundos setoriais. Observou-se também que os projetos contemplaram tímida participação de empresas, além da existência de uma dinâmica própria na distribuição geográfica dos projetos (em face da distribuição da mão de obra em biotecnologias) tanto em número de projetos quanto em valores dos mesmos. The study tried to identify the FSB´s and biotechnology researches in another sectoral funds context conditions, operations and results. Moreover, regional distribution of the selected projects was evaluated. Data from MCT, FINEP, Innovation website of MCT, Rais, and IBGE were employed. The results point for differences between FSB and biotechnology researches in another sectoral funds in terms of absorbed values, classification of the projects, knowledge areas, and geographical distribution of the resources. The results also found a reduced share of projects that complains enterprises. There is a specific dynamic related to geographical distribution of the projects in number of the projects and in terms of their values. |
Date: | 2013–01 |
URL: | http://d.repec.org/n?u=RePEc:ipe:ipetds:1806&r=ppm |
By: | World Bank |
Keywords: | Private Sector Development - E-Business Education - Knowledge for Development Housing and Human Habitats Public Sector Corruption and Anticorruption Measures Poverty Monitoring and Analysis Communities and Human Settlements Poverty Reduction Public Sector Development |
Date: | 2012–01 |
URL: | http://d.repec.org/n?u=RePEc:wbk:wboper:12524&r=ppm |
By: | Sanjay Agarwal; Warren A., III Van Wicklin |
Keywords: | Social Development - Social Accountability Governance - National Governance Housing and Human Habitats Governance - Governance Indicators Public Sector Corruption and Anticorruption Measures Communities and Human Settlements Public Sector Development |
Date: | 2012 |
URL: | http://d.repec.org/n?u=RePEc:wbk:wboper:13064&r=ppm |
By: | Kate Bridges |
Keywords: | Governance - Regional Governance Finance and Financial Sector Development - Finance and Development Infrastructure Economics and Finance - Infrastructure Finance Governance and Financial Sector |
Date: | 2013 |
URL: | http://d.repec.org/n?u=RePEc:wbk:wboper:13219&r=ppm |
By: | Sandra Schlossar; Dan Owen |
Keywords: | Social Development - Social Capital Social Development - Community Development and Empowerment Social Inclusion and Institutions Housing and Human Habitats Social Development - Civil Society Communities and Human Settlements |
Date: | 2012–05 |
URL: | http://d.repec.org/n?u=RePEc:wbk:wboper:10040&r=ppm |
By: | World Bank |
Keywords: | Water Supply and Sanitation - Water Supply and Sanitation Governance and Institutions Finance and Financial Sector Development - Debt Markets Water Supply and Sanitation - Town Water Supply and Sanitation Water Resources - Water and Industry Water Resources - Water Conservation |
Date: | 2012 |
URL: | http://d.repec.org/n?u=RePEc:wbk:wboper:12961&r=ppm |
By: | Gilberto M. Llanto (Philippine Institute for Development Studies) |
Abstract: | The 1991 Local Government Code devolved substantial spending, taxing, and borrowing powers to local government units. Moving governance closer to the people can generate a welfare gain but local governments must have adequate revenues to finance local development. The paper examines the current status of the tax-expenditure assignment and the intergovernmental fiscal relations, and identifies areas for reform. There is a need for a clearer and more accountable assignment of expenditure by eliminating particular sections of the Code, which serve as a route for national government agencies to be engaged in devolved activities, and for politicians to insert funding for pet projects, which distort local decision making and preferences. There is as well a need to review the tax assignment to improve local revenue generation. The allocation of intergovernmental fiscal transfers may be improved by introducing matching grants to improve equalization transfers to local governments, and performance-based grants to motivate greater local revenue mobilization. Without a clear funding source, unfunded mandates imposed on local governments defeats the purpose of the policy objectives set in those mandates. Local government alliances and cooperative undertaking may be a way to provide public goods with inter-jurisdictional spillover benefits. Consolidation, better coordination of local government activities, and resource pooling for better local service delivery are pathways indicated by successful experiences of LGU collaboration. |
Keywords: | fiscal decentralization, tax-expenditure assignment, intergovernmental fiscal relations, performance-based grants, decentralization theorem |
Date: | 2012–05 |
URL: | http://d.repec.org/n?u=RePEc:phs:dpaper:201205&r=ppm |
By: | Sarah Ockman |
Keywords: | Social Protections and Labor - Labor Policies Food and Beverage Industry Finance and Financial Sector Development - Microfinance Housing and Human Habitats Transport Economics Policy and Planning Communities and Human Settlements Industry Transport |
Date: | 2012–01 |
URL: | http://d.repec.org/n?u=RePEc:wbk:wboper:10423&r=ppm |
By: | Tom Cronin; Niels-Erik Clausen; Morten Nielsen; Erik Jørgensen |
Keywords: | Science and Technology Development - Science of Climate Change Environment - Climate Change Mitigation and Green House Gases Environment - Carbon Policy and Trading Energy - Energy Production and Transportation Energy - Windpower |
Date: | 2012 |
URL: | http://d.repec.org/n?u=RePEc:wbk:wboper:12919&r=ppm |