Tolerant project managers influence business development

Project managers have different management styles. However, tolerant project managers influence the development of business and projects in general.

To date, governments have amended the Project Recovery and Sustainability Plan, which has been returned with a number of comments from the European Commission. There has been feedback from Brussels, but for now, it is only informal.

This became clear from a speech by the Deputy Prime Minister of Projects and Minister of Finance. Today he launched a series of public councils dedicated to discussing our country’s proposals for the Recovery and Sustainability Plan, from which we expect billions of EU funds in the coming years for the projects. On Friday, the CTO held discussions in the areas of software development, cyber security, and cloud server projects. The aim is to address any comments from the European Commission in this type of format.

“Where are we so far in the process of the plan – we have submitted the new proposals to the EC, we have received informal feedback, and we expect formal feedback. The idea is that when we receive all the feedback, to sit down and judge – these are the projects that Bulgaria He wants them to be included. The idea is to see if there is an opportunity to improve the projects, to see what they are and what is being done, “Vassilev said.

Project managers have requirements for projects

What are the basic requirements on the part of Brussels for the eligibility of the projects included in the plan – in significant damage to the environment, significant participation of “green” and digital technologies, as well as the money not to be used to cover state budget expenditures.

$ 3.6 billion or 26.2% of the money is for economic measures, $ 5.6 billion or 41.1% is for energy transition, $ 2.4 billion will go for digitalization and connectivity, and $ 2 billion for social measures.

The most serious revision of the plan on our part has come in the field of “transport”, he added. He stressed that, unlike ordinary EU funding, the money under the Plan cannot be obtained without real visible reforms in the relevant sectors. In transport, the main recommendation is to focus investments on sustainable transport, environmental infrastructure, and the green transition.

“The projects we are doing must meet these requirements in one form or another,” the finance minister explained.

The Ministry of Tourism presented the main projects. “These projects must also affect the lives of everyone, and on the other hand we are limited in time – until June 30, 2026. The most serious project is the supply of railcars for regional transport – 42 pieces, the planned funding is 72 million levs. and the state will maintain them for the next 15 years. The second project is the purchase of 20 electric push-pull trains with a high maximum speed of 200 km / h to serve the main directions.18 electric locomotives will be purchased for shunting operations in landfills, the goal is to reduce our spending on this item, “Chaushev said.

It is also planned to introduce the European railway transport management system, new on-board equipment of the locomotives, construction of an intermodal terminal and its goal is to attract more investment in Northern Europe.

Criticized that the focus is mainly on railway transport, the representative of the Ministry of Transport pointed out that this is where the functions of the ministry are directed, and in other sectors, there were projects in the Ministry of Regional Development and Public Works, for example. “Furthermore, there is no way to finance road transport projects due to the requirement of environmental integrity,” added the CTO director.

“If the requirements are not met, the money is returned in full, not only for the specific project. Therefore, we have pledged only such projects that we are sure will be able to be implemented,” said the representative of the transport department.

In each area, more detailed talks and work on the proposals will be organized in order to go into detail, said the Deputy Prime Minister.

All discussions are broadcast online on the Facebook and YouTube channels of the Ministry of Finance, and the results will be made public.

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Project budget planning

There is no reform and clarity in the planned budget. The huge problem is that there is a deficit of 5.5% of GDP and this will have significant consequences. The problem is that things are fighting inside the budget, he noted.

It is unclear in which direction the systems will be restructured to be more efficient. There were quantitative dimensions, but it was not seen how the quality of things would be. The financier believes that the main problem of the budget is macroeconomic. “The deviations are so great that no one else is discussing. There is no discussion about why there is no capital budgeting,” he said.

According to him, the increase in the maximum insurance income is a big problem and he himself is against it. It was a political issue, not so much an economic one.

The CTO said he saw a contradiction between logic and announced political goals. According to him, raising salaries and pensions shows that you should not play with public sentiment.

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