Title
Capturing the value of flexibility in public sector capital projects: Evidence from New Zealand local government organizations,Used
Delivery time: 8-12 business days (International)
Real Option Analysis is recognized as being complex and challenging in practice, and questions have arisen as to how well project flexibility is assessed within organizations. Although some studies have examined the use of ROAtype approaches in the private sector, few have investigated their use in the public sector. This study seeks to examine how New Zealand local government organizations (LGOs) take account of project flexibility when assessing capital investment projects. To achieve the objectives?a survey questionnaire and followup interviews were used to explore LGO financial decisionmakers? experiences of, and attitudes towards, assessing project flexibility in investment appraisal. The findings reveal that LGO financial decisionmakers do recognize that project flexibility has value and seem to take it into account to some extent. However, ROAtype thinking or procedures were not well known amongst the respondents and no evidence was found of their use in practice. This is the first empirical study to examine this issue in the NZ public sector context. In sum, the findings of this study fill a gap in the literature.
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Shipping & Returns
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We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
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To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
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We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
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Your payment information is processed securely. We do not store credit card details nor have access to your credit card information.
We accept payments with :
Visa, MasterCard, American Express, Paypal, Shopify Payments, Shop Pay and more.