Influence of Sector, Budget Size and Financing on Time and Cost Management of Czech International Development Projects
Research background: This article focuses on the official Czech international development (ID) aid and the factors affecting the project success in terms of cost and time variance from the plan. As per research by Ahsan and Gunawan (2010), ID projects by Asian Development Bank are finalised within t...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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EDP Sciences
2021-01-01
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| Series: | SHS Web of Conferences |
| Subjects: | |
| Online Access: | https://www.shs-conferences.org/articles/shsconf/pdf/2021/03/shsconf_glob20_06006.pdf |
| _version_ | 1819051003572387840 |
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| author | Dufková Gabriela Šaroch Stanislav |
| author_facet | Dufková Gabriela Šaroch Stanislav |
| author_sort | Dufková Gabriela |
| collection | DOAJ |
| description | Research background: This article focuses on the official Czech international development (ID) aid and the factors affecting the project success in terms of cost and time variance from the plan. As per research by Ahsan and Gunawan (2010), ID projects by Asian Development Bank are finalised within their budget, however, with delays, and the result depends on the developing country. Previous article written by the author confirmed the findings also for the Czech development aid and established that cost variance is affected by the type of implementing agencies, whereas time variance depends on the developing countries.
Purpose of the article: The purpose of this article is to further analyse ID projects by the Czech Development Agency and evaluate the influence of sector topics, budget size and type of financing on the time and budget management of Czech ID projects to determine what parameters could improve the efficiency of Czech ID projects.
Methods: Information on all official projects conducted from 2016 to 2019 used in this article are non-public and have been received directly from the Czech Development Agency. They are first summarised in a descriptive statistics part and then analysed by non-parametric Kruskal-Wallis test.
Findings & Value added: The results show that budget size, financing type and sector topics influence the cost variance, with smaller projects financed as public procurement achieving bigger savings. For time variance, there are significant differences only between different categories of the sector topics with projects focused on the environment leading to the biggest delays. |
| first_indexed | 2024-12-21T11:57:02Z |
| format | Article |
| id | doaj.art-006aa64cb2e54b00bf05f890ffa715c1 |
| institution | Directory Open Access Journal |
| issn | 2261-2424 |
| language | English |
| last_indexed | 2024-12-21T11:57:02Z |
| publishDate | 2021-01-01 |
| publisher | EDP Sciences |
| record_format | Article |
| series | SHS Web of Conferences |
| spelling | doaj.art-006aa64cb2e54b00bf05f890ffa715c12022-12-21T19:04:55ZengEDP SciencesSHS Web of Conferences2261-24242021-01-01920600610.1051/shsconf/20219206006shsconf_glob20_06006Influence of Sector, Budget Size and Financing on Time and Cost Management of Czech International Development ProjectsDufková Gabriela0Šaroch Stanislav1University of Economics in Prague, Faculty of International Relations, Department of World EconomyUniversity of Economics in Prague, Faculty of International Relations, Department of World EconomyResearch background: This article focuses on the official Czech international development (ID) aid and the factors affecting the project success in terms of cost and time variance from the plan. As per research by Ahsan and Gunawan (2010), ID projects by Asian Development Bank are finalised within their budget, however, with delays, and the result depends on the developing country. Previous article written by the author confirmed the findings also for the Czech development aid and established that cost variance is affected by the type of implementing agencies, whereas time variance depends on the developing countries. Purpose of the article: The purpose of this article is to further analyse ID projects by the Czech Development Agency and evaluate the influence of sector topics, budget size and type of financing on the time and budget management of Czech ID projects to determine what parameters could improve the efficiency of Czech ID projects. Methods: Information on all official projects conducted from 2016 to 2019 used in this article are non-public and have been received directly from the Czech Development Agency. They are first summarised in a descriptive statistics part and then analysed by non-parametric Kruskal-Wallis test. Findings & Value added: The results show that budget size, financing type and sector topics influence the cost variance, with smaller projects financed as public procurement achieving bigger savings. For time variance, there are significant differences only between different categories of the sector topics with projects focused on the environment leading to the biggest delays.https://www.shs-conferences.org/articles/shsconf/pdf/2021/03/shsconf_glob20_06006.pdfinternational development projectsofficial czech development aidcost variancetime varianceproject success |
| spellingShingle | Dufková Gabriela Šaroch Stanislav Influence of Sector, Budget Size and Financing on Time and Cost Management of Czech International Development Projects SHS Web of Conferences international development projects official czech development aid cost variance time variance project success |
| title | Influence of Sector, Budget Size and Financing on Time and Cost Management of Czech International Development Projects |
| title_full | Influence of Sector, Budget Size and Financing on Time and Cost Management of Czech International Development Projects |
| title_fullStr | Influence of Sector, Budget Size and Financing on Time and Cost Management of Czech International Development Projects |
| title_full_unstemmed | Influence of Sector, Budget Size and Financing on Time and Cost Management of Czech International Development Projects |
| title_short | Influence of Sector, Budget Size and Financing on Time and Cost Management of Czech International Development Projects |
| title_sort | influence of sector budget size and financing on time and cost management of czech international development projects |
| topic | international development projects official czech development aid cost variance time variance project success |
| url | https://www.shs-conferences.org/articles/shsconf/pdf/2021/03/shsconf_glob20_06006.pdf |
| work_keys_str_mv | AT dufkovagabriela influenceofsectorbudgetsizeandfinancingontimeandcostmanagementofczechinternationaldevelopmentprojects AT sarochstanislav influenceofsectorbudgetsizeandfinancingontimeandcostmanagementofczechinternationaldevelopmentprojects |