RISK OF DESIGN AND DECISIONS
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60076658%3A12510%2F19%3A43900418" target="_blank" >RIV/60076658:12510/19:43900418 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
RISK OF DESIGN AND DECISIONS
Original language description
The current state of designing new projects in the Czech Republic is primarily influenced by the long-term under-dimensioned volume of investments in the public and private sectors. The result is a permissive selection of low value-added project proposals. The questionable occupational benefits and inventiveness of investments create long-term risk externalities. This is reflected in increased costs, deferred (full) functionality of investments and degradation of expected returns. Net investment returns have been around 4-6% in the long term. Proposals that indicate a low level of efficiency and are not rejected constitute a degradation cycle of risks: costs -deadlines -returns –ponderable substance degradationand risk of return on invested resourcesis main critical point. The result is: investment complexes with extremely long completion and cost overruns. Finding the origins of the investment mistake introduced is usually as difficult as the majority of legislative measures not required. The low rates of regional development, the degradation of competitiveness, are only a partial account of the consequences and the technical-economic and social (TES) risks.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
50201 - Economic Theory
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2019
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Řízení rizik procesů spojených s technickými díly
ISBN
978-80-87990-18-6
ISSN
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e-ISSN
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Number of pages
13
Pages from-to
7-19
Publisher name
Czech Technical University in Prague
Place of publication
Praha
Event location
Praha
Event date
Nov 14, 2019
Type of event by nationality
CST - Celostátní akce
UT code for WoS article
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