@article{MAKHILLIBM201812627407,
    title = {Successful Projects Executed with Public Resources in a
Southern Region of Colombia},
    journal = {International Business Management},
    volume = {12},
    number = {6},
    pages = {447-453},
    year = {2018},
    issn = {1993-5250},
    doi = {ibm.2018.447.453},
    url = {https://makhillpublications.co/view-article.php?issn=1993-5250&doi=ibm.2018.447.453},
    author = {Cristian,William and},
    keywords = {Project success,project management,,iron triangle,public investment,direct association,future strategies},
    abstract = {This study describes the success of projects financed with general system royalty resources between
2012 and 2017 in the State of Huila, Colombia. Additionally, it shows the landscape of public investment
through project execution. A retrospective observational descriptive study was performed and the source of
information was a national database called Monitoring, Checking, Control and Evaluation System (SMSCE),
the study took into account only approved projects within the period of study as well as their sector
application, cost, size, contracts, implementation phases, execution times and objectives achieved. There was
found to be a low success rate of projects as just 50% were completed satisfactorily, according to the iron
triangle model (the most frequently unmet criteria was cost). Furthermore, a direct association between
contracts, cost and number of projects finished was found. This information can be useful for future strategies
and interventions for public projects.}
    }