Abstract

The paper discusses the need to measure the costs and benefits of an investment project as a basis for its evaluation according to its type - public or private. The lack of developed procedures and mechanisms of investment projects in the public sector is an obstacle to measuring the impact of the project on the economy. It is recommended to apply the benefit-cost analysis. Establishing appropriate legal bases is a critical point in the practical evaluation of investment projects. Public authorities should apply the recommended analysis for investment projects to the targeted capital budget.