Research On Performance Evaluation Of Government Public Works Investment Projects Based On Balanced Scorecard

The government investment project is an important way for the government to realize its social functions,improve the public living standard and fulfill the needs of economic development.For the national economic activities,the government public works project is the key foundation to support its development,and the project plays a positive role in meeting the material and spiritual needs of the people.With the sustainable development of the economy,the government continues to increase the investment in public engineering projects.However,in the process of construction and operation of government invested projects,problems such as unreasonable investment decisions,project costs exceeding the budget,slow progress,and design changes too frequently fail to achieve the expected benefits also arise.The use of government funds is inefficient,and the funds are idle and wasted,which in turn affects the government’s reputation.Government investment in public works and project performance evaluation are important means to improve capital operation efficiency,improve management level and maintain reputation,but the current performance evaluation system is not perfect.First of all,due to the lack of systematic and scientific theoretical guidance,the existing performance evaluation content is incomplete.Secondly,the evaluation method is still based on static evaluation,lacking dynamic and continuous evaluation of the project.Third,in practice,the performance evaluation of government public works investment projects lacks the practical application of specific cases.Based on the above background,only by establishing and improving the performance evaluation system of government public works investment projects and applying it to the evaluation of actual cases,can we truly play the role of performance evaluation and promote the scientific and refined management of projects.Based on the above background,on the basis of summarizing the performance evaluation indicators at home and abroad,this study selected and set the performance evaluation indicators of the project at different stages through the balanced scorecard and the Delphi method,established four first level indicators,including the financial dimension,customer dimension,process dimension,and learning and growth dimension,and subdivided them into 22 second level indicators.Furthermore,this study takes the 2021 "Four Good Rural Roads" construction project in Huainan City,Anhui Province as an example,and finally uses the analytic hierarchy process to conclude that the contribution of each dimension to the project performance from high to low is: financial dimension(0.467),customer dimension(0.278),process dimension(0.160),and learning and growth dimension(0.095).Using the fuzzy comprehensive evaluation method to determine the comprehensive score,the study found that the comprehensive score of the government public works investment project of the "Four Good Rural Roads" construction project in Huainan City,Anhui Province in 2021 was 3.657,which was between good and medium scores,proving the effectiveness of the evaluation index system.Verify the scientific and effective performance evaluation system of government public works investment projects.In view of the above conclusions,the analysis and evaluation results give reasonable suggestions.Figure [1] table [21] reference [87]...