TY  - JOUR
T1  - Successful Projects Executed with Public Resources in a
Southern Region of Colombia
AU - Rincon-Guio, Cristian AU - Navarro Parra, William AU - Jaramillo Castano, Oscar 
JO  - International Business Management
VL  - 12
IS  - 6
SP  - 447
EP  - 453
PY  - 2018
DA  - 2001/08/19
SN  - 1993-5250
DO  - ibm.2018.447.453
UR  - https://makhillpublications.co/view-article.php?doi=ibm.2018.447.453
KW  - Project success
KW  -project management
KW  -
KW  -iron triangle
KW  -public investment
KW  -direct association
KW  -future strategies
AB  - 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.
ER  -