Abstract

FLORES DE LA CRUZ, Russell Alejandro. EFFECTIVE PUBLIC INVESTMENT: THE ESSENTIAL ROLE OF PROJECT MANAGEMENT AND GOVERNMENT CONTROL, 2025. Aula Virtual [online]. 2025, vol.6, n.13, e502.  Epub Sep 19, 2025. ISSN 2665-0398.  https://doi.org/10.5281/zenodo.16933094.

This article analyzes how project management and government oversight are essential for the effectiveness of public investment. It is observed that project management optimizes resources and profitability through leadership and technology, while government oversight combats corruption and fosters citizen trust through internal control and oversight systems. Despite its critical importance, its application in the Peruvian context faces significant challenges, including a lack of staff training, limited technological adoption, and a deficient institutional culture, which exacerbates corruption and distrust in public investment. In conclusion, while theory establishes project management and government oversight as indispensable pillars for transforming public investment into an engine of sustainable development, promoting transparency and quality, practical implementation is still limited by barriers that require further study and overcoming regulatory ignorance.

Keywords : Public investment projects; project management; civil construction project management; public management; digital government; control; internal control.

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