Research on Government Investment in Public Project Performance Evaluation Model under Low-Carbon Economy

Abstract:

Researches on the method of the performance evaluation of government investment in public project are mainly embodied in indicator system. However, these models do not attach importance to the applicability. So, it causes lack of suitable evaluation model for evaluating the projects of government investment in public project in Low-Carbon Economy. Therefore, this article in accordance with the characteristics of this investment in public projects, combined the gray relational analysis method, fuzzy comprehensive evaluation method and stepwise discriminate analysis method with their respective advantages to develop a new algorithm——GFS algorithm. Using the GFS algorithm can do discriminate analysis for a new investment project. Practice shows that the GFS algorithm has a good effect. It can provide the theoretical basis for decision-making of senior government managers.

• Periodical: Applied Mechanics and Materials (Volumes 121-126)
• Pages: 4105-4111
• DOI: https://doi.org/10.4028/www.scientific.net/AMM.121-126.4105
• Online since: October 2011
• Authors: Fang Hu, Lin Li, Zhi Hua Liu
• Keywords: Government Investment, Gray Correlation Analysis, Low-Carbon Economy (LCE), Public Project

References

[1] Asian Development Bank. Project Performance Management System [R]. Asian Development Bank report, (2006)

[2] John F.Y, Albert P. C，Chan, Daniel W. M. Development of a partnering performance index (PPI) for construction projects in Hong Kong: a Delphi study[J].Construction Management & Economics, 2007,25(12):1219-1237

DOI: 10.1080/01446190701598673

[3] Gabriel, Rafael. Probabilistic Control of Project Performance Using Control Limit Curves[J]. Journal of Construction Engineering & Management, 2007,133(12):957-965

DOI: 10.1061/(asce)0733-9364(2007)133:12(957)

[4] Seung Heon Han, Myung Jin Chae, Keon Soon Im. Six Sigma-Based Approach to I mprove Performance in Construction Operations[J].Journal of Management in Engineering,2008, 24(1):21-31

[5] Department of Trade and Industry．UK Energy White Paper：Our energy future·creating a low carbon economy[M]．London：TSO，2003．

[6] Li Lin, Du Peng, Ye Wenzhong. Based on the logical framework approach to government investment project objective evaluation studies [J]. Financial studies, 2007 (11) :17-19

[7] Ambe J.Njoh.The Development Theory of Transportation Infrastructure Examined in the Context of Central and West Africa [J].Rev Black Polit Econ,2009(36):227-243.

DOI: 10.1007/s12114-009-9044-4

[8] ZHU Shilei， ZHOU Xuemei， FU Juhon.Highway Traffic Modernization Evaluation Index System in Low-carbon Economy Period [J].Traffic and Safty,2010(3):108-111