While comparing the two or more public project plans, the major goal and the vision of the plan needs to be kept in mind so that desired results can be attained.
Public Project Plans and Guidelines to Compare
- Public Projects are basically the ones which are financed by the government for the public good.
- While comparing such plans, one should take care about the resource and investment it is going to demand.
- Taking care of the marginal cost is also an important factor. If the marginal benefits are increasing then, the project should continue whereas if marginal cost is equal to the marginal cost and then need to take measures to increase the benefits and if marginal costs increase than the benefits, the project should be stopped.
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