Advantages of a PPP project (government side) From the government’s perspective, some advantages of a PPP project include: Overall, PPPs can provide a range of advantages for the government, including access to private sector expertise, risk sharing, cost savings, improved quality, improved public service delivery, and economic development. Advantages of a PPP project (Private sector) […]
Preconditions for Partnerships
Public-Private Partnerships (PPP) involve collaboration between a public sector entity and a private sector organization to deliver a project or service. Successful PPPs require certain preconditions to be in place, including: हिंदी अनुवाद (Hindi Translation) भागीदारी के लिए पूर्वापेक्षाएं भागीदारी के लिए कुछ महत्वपूर्ण पूर्वापेक्षाएं हैं जो इस प्रकार हैं: Advantages of Collaboration Development finance […]
Need of PPP
PPPs are needed in situations where the public sector alone cannot deliver a project efficiently or effectively. This may be due to a lack of financial resources, expertise, or technology. PPPs enable the private sector to partner with the public sector to bring together their respective strengths and expertise to deliver public services. PPPs can […]
Public Private Partnership (PPP)
PPP may be defined as : A long-term contract between a public party and a private party , for the development and/or management of a public asset or service, in which the private agent bears significant risk and management responsibility through the life of the contract, and remuneration is significantly linked to performance, and/or the […]
Profitability index technique
The profitability index (PI) is an appraisal technique applied to potential capital outlays. The method divides the projected capital inflow by the projected capital outflow to determine the profitability of a development project. PV of Future Cash Flows : The present value of future cash flows requires the implementation of time value of money calculations. […]
Techniques of monitoring of development works
Monitoring is essential to get expected results of any development works. With monitoring comes evaluation automatically that can be employed to systematically measure and assess development work related activities. Monitoring is the collection and analysis of information about a development project , undertaken while the project is ongoing. The aim of monitoring is to ensure […]
Performance appraisal
Performance appraisal as a pivotal management technique is believed to hold individual public employees accountable. It is tool for measuring employee job performance, clarifying personnel decisions such as promotion, demotion, transfer, or retention, and allocating financial rewards; as well as helping develop employee capacity through feedback or identifying their training needs. Performance appraisal is a […]
Manpower planning
Manpower Planning is the development of strategies to match the supply of manpower to the availability of jobs at organizational, regional or national level. Manpower planning involves reviewing current manpower resources, forecasting future requirements and availability, and taking steps to ensure that the supply of people and skills meets demand. Manpower planning is the process […]
Finance investments in infrastructure and services
Innovative strategies of resource mobilization in India : India has implemented several innovative strategies for resource mobilization to fund its development initiatives. Here are some examples: 1. Internal Resource Mobilisation: Ahmedabad Municipal Corporation (AMC) is one of the largest municipal corporations in India and has implemented various strategies for internal resource mobilization. Here are some […]
Budgeting
There are many different types of budgets, including personal budgets, household budgets, business budgets, and government budgets. The basic steps to creating a budget include identifying your income sources, estimating your expenses, categorizing your expenses, prioritizing your spending, and tracking your progress. A government budget is an annual financial statement which outlines the estimated government […]