Do nothing, do minimum or do something? Why public project appraisals “always” recommend large projects
- emaralds
- quarterly
- Vol. 17 No. 3, 2024.
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