On the Dynamics of the Projects Approval Process
This technical note analyzes specific project- and country-level characteristics that affect the duration of the projects approval process from year to year and builds a framework to characterize projects that would require further monitoring to complete their approval process. We present evidence that the number of team leaders changes, the time that a project remains in pipeline A, the size of a project relative to the pipeline of its country, and whether it is an electoral year in a given country affect the rate at which projects are approved. These empirical regularities can support the projects preparation process and better allocate resources and efforts to optimize approval times.
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| Language: | English |
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Inter-American Development Bank
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| Subjects: | Elections, Project Management, F53 - International Agreements and Observance • International Organizations, O19 - International Linkages to Development • Role of International Organizations, O22 - Project Analysis, Project Analysis;International Organizations;The role of international organizations, |
| Online Access: | http://dx.doi.org/10.18235/0002953 https://publications.iadb.org/en/dynamics-projects-approval-process |
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| Summary: | This technical note analyzes specific project- and country-level characteristics that affect the duration of the projects approval process from year to year and builds a framework to characterize projects that would require further monitoring to complete their approval process. We present evidence that the number of team leaders changes, the time that a project remains in pipeline A, the size of a project relative to the pipeline of its country, and whether it is an electoral year in a given country affect the rate at which projects are approved. These empirical regularities can support the projects preparation process and better allocate resources and efforts to optimize approval times. |
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