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Valuation attributed by project practitioner to the integration of sustainability criteria in Public Investment Project (PIP) in Peru.

Santana Lidia León Alfaro,Eduardo May Osio

2023 · DOI: 10.35992/pdm.5vi2.1653
Project, Design and Management · 0 Citations

Abstract

All countries are committed to Sustainable Development Goals, seeking a balance between economic growth, environmental conservation, and social welfare, however, it seems that there is a risk of not achieving them or making very little progress by 2030. Public investment projects (PIP) due to their high impact, could be the engines to achieve them; and PIP practitioners play an important role as agents of change. The present study; quantitative, cross-sectional, and descriptive, carried out through self-administered surveys; sought to answer, from the perception of experienced practitioners, the following questions concerning PIPs in Peru: 1) To what extent are sustainability criteria considered? 2) Do the criteria corresponding to any of the dimensions of sustainability tend to be more considered? and 3) What are the main barriers to the integration of sustainability criteria?

The results show the ranking of the 12 criteria considered in the study, of which the criteria of the social dimension are taken into account more than the criteria of the economic and environmental dimensions. Likewise, the main barriers identified for the integration of sustainability criteria in PIPs were grouped into the following topics: Regulatory framework; Corruption, bribery, and transparency; The investment system; Capacities and competencies; and Promotion, dissemination, awareness, and values. This study represents a contribution as a baseline for the action of the State, organizations, and academia.