For a complex-but-typical large-scale government project, what % of the total project budget is the *most* that should be committed to evaluating whether the project is on track/using resources properly/working?
Show this thread
(I am actually of many minds on this & would have difficulty answering my own poll.)
-
-
If you live in California, the amount is probably simply TOO MUCH. Compliance w/ CEQA and other laws costs a fortune in time, money, and effort.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
David Friedman's old rule of thumb, that public projects cost twice as much as private ones, would bound the answer at 50%. Of course it really depends on what actually helps...
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
The global answer depends on the variance in your prior, but of course we currently spend <<1% on evaluation which is too low. Jeff Liebman's idea of social impact bonds is a closely related solution: https://ampr.gs/2tNFCrd .
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.