Do nothing, do minimum or do something? Why public project appraisals “always” recommend large projects
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Item type | Current location | Call number | URL | Status | Date due | Barcode |
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Medical Library Periodicals | https://www.emerald.com/insight/content/doi/10.1108/ijmpb-11-2023-0251/full/html (Browse shelf) | https://www.emerald.com/insight/content/doi/10.1108/ijmpb-11-2023-0251/full/html | Available |
In the project initiation phase, an appraisal is needed to clarify the strategic problem and alternative solutions. Full-scale construction projects and simple solutions (do-minimum alternatives) should be assessed. The do-nothing alternative is the baseline for the appraisal and an option in itself. The paper explores the role of do-nothing and do-minimum alternatives in public project appraisal, which may significantly impact the attractiveness of a construction project
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