Post on 11-Feb-2018
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
1/95
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
2/95
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
3/95
M \ D @ L G ^ I L K PD A I K K >I`lktij iadaik# Jgroucdaik y Lvdcudaik`l Rrgylatgs `l Ikvlrsik Rnciad d kivlc `l Rlrjic
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
4/95
M\D @L G^ILKPDAIK K>I`lktijiadaik# Jgroucdaik y Lvdcudaik `l Rrgylatgs `l Ikvlrsik Rnciad d kivlc `l Rlrjic
Lcdngrdaik `l Agktlki`gs8Dclhdk`rg Nlrkdgcd Adnrlrd# Agksuctgr OLJ/R^G@LQ
D`laudaik L`uadtivd8Xgicd Daud Adstlccdkgs# Agksuctgrd OLJ/R^G@LQ
^lvisik `l Agktlki`gs8@irlaaik Mlklrdc `l Rrgmrdodaik Ouctidkudc `lc Qlatgr Rnciag/@MRO# OLJ
Qdk`rd @gim @idz# R^G@LQ
Aui`d`g `l L`iaik8Dkd ^golrg Adkg# R^G@LQ
@idmrdodaik# Icustrdaigkls y Adrtucd8Ikkgvd Drtl * Agoukiadaik Zisudc Q+A+^+C+
Ioprlktd8L`itgrd @iseagpy Q+D+A
>22: OIKIQPL^IG @L LAGKGOD Y JIKDKXDQ / R^GM^DOD R^G @LQALKP^DCIXDAIK
Cd ikjgrodaik agktlki`d lk lstd Mud pul`l slr rlprg`uai`d tgtdc g pdraidcolktl# siloprl
y audk`g sl olkaigkl cd julktl `l grimlk y sl lkvl uk lhlopcdr d cd @irlaaik Mlklrdc `l
Rrgmrdodaik Ouctidkudc `lc Qlatgr Rnciag `lc Oikistlrig `l Lagkgod Jikdkzds y dc
Rrgmrdod Rrg @lsalktrdcizdaik / R^G@LQ `l \QDI@+
Dmrd`lalogs d R^G@LQ# Rrgmrdod `l cd Dmlkaid `l cgs Lstd`gs \ki`gs pdrd lc @lsdrrgccg
Iktlrkdaigkdc# pgr plroitirkgs cd rlprg`uaaik `l lstgs `gauolktgs+
Cd punciadaik `l cd audrtd l`iaik `l lstd mud fd si`g rldcizd`d lk lc odrag `lc
Jgk`g `l Lstu`igs y Agksuctgrds Nlcmd Rlrudkg &Agkvlkig `l Agoprgoisg KRL^'24'224/222
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
5/95
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R^LQLKPDAIK 2+ \ki`d` Jgroucd`grd y \ki`d` Lhlautgrd 4>
1+ Rdrtiaipdaik `l cds Lkti`d`ls Ikvgcuard`ds y cgs Nlkljiaidrigs 40
O@\CG II8 I@LKPIJIADAIK 49
4+ @idmkstiag `l cd Qitudaik Datudc >4
>+ @ljikiaik `lc Rrgnclod >>
1+ Dkcisis `l Adusds >0
0+ Dkcisis `l Ljlatgs >=
9:+ Gnhltivg `lc Rrgylatg 12
=+ Dkcisis `l Ol`igs `lc Rrgylatg 14
6+ Dkcisis `l Jikls `lc Rrgylatg 1>
9+ Lcdngrdr uk rngc `l Rrgylatg 10
42+Dctlrkdtivds `l Qgcuaik 1+ Dkcisis `l @lodk`d 0 I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC
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O@\CG IZ8 LZDC\DAIK :4
4+ Jcuhg `l Ikmrlsgs :+ Lvdcudaik Lagkoiad d Rrlaigs `l Olrad`g :=
1+ Agstgs d Rrlaigs Qgaidcls =2
0+ Jcuhg `l Agstgs d Rrlaigs Qgaidcls =4
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
7/95
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I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC M\D @L G^ILKPDAIK K>
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Rrlslktdaik
@ls`l lklrg `l >22=# lc Qistlod Kdaigkdc `l Ikvlrsik Rnciad &QKIR) sl
lkaulktrd `lsalktrdcizd`g+ Ls `lair# ad`d Qlatgr# Mgnilrkg ^lmigkdc g MgnilrkgCgadc lst jdauctd`g d jgroucdr# lvdcudr y `lacdrdr cd vidnici`d` `l sus prgyla/
tgs `l ikvlrsik pnciad sik coitl `l ogktg# lk jukaik `l sus agopltlkaids+
Lk lstl agktlxtg# ukg `l cgs rgcls alktrdcls `lc Oikistlrig `l Lagkgod y Jikdkzds#
d trdvs `l cd @irlaaik Mlklrdc `l Rrgmrdodaik Ouctidkudc `lc Qlatgr Rnciag# ls
prgogvlr cd mlklrdaik `l adpdai`d`ls lk cgs `ijlrlktls kivlcls `l mgnilrkg pdrd cd
jgroucdaik y lvdcudaik `l prgylatgs `l ikvlrsik pnciad+
Ds# lstd @irlaaik Mlklrdc pgkl d `ispgsiaik `l cds \ki`d`ls Jgroucd`grds#
\ki`d`ls Lhlautgrds y Gjiaikds `l Rrgmrdodaik l Ikvlrsigkls `l cgs trls kivl/cls `l mgnilrkg# ds agog `lc pnciag lk mlklrdc# cd Mud `l Grilktdaik8
I`lktijiadaik# Jgroucdaik y Lvdcudaik Qgaidc `l Rrgylatgs `l Ikvlrsik
Rnciad d kivlc `l Rlrjic +
Lc Rlrjic ls lc priolr lstu`ig `l prlikvlrsik `l uk prgylatg `l ikvlrsik pnciad# lc
audc plroitl i`lktijiadr lc `jiait lk cd prgvisik `l uk nilk g slrviaig pnciag y
dkdcizdr cds dctlrkdtivds `l sgcuaik d `iafg `jiait+ Agk lstd mud# lc clatgr pg`r
lktlk`lr cd iopgrtdkaid y cd odklrd aog sl lcdngrd lstl kivlc `l lstu`ig+
Lstl ikstruolktg agktrinuyl d qul# lk lstd kulvd ltdpd# lc QKIR sl agkvilrtd lkuk sistlod os mic y daalsincl pdrd cd jgroucdaik y lvdcudaik `l prgylatgs#
rlsmudr`dk`g cd adci`d` `l cd ikvlrsik+
Ciod# odrzg `l >22=
Oimulc Rridc \ms
@irlatgr Mlklrdc
@irlaaik Mlklrdc `l Rrgmrdodaik Ouctidkudc `lc Qlatgr Rnciag
Oikistlrig `l Lagkgod y Jikdkzds
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
8/95
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
9/95
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I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC M\D @L G^ILKPDAIK K>
Iktrg`uaaik
\kd `l cd jukaigkls `lc Lstd`g# qul ls lhlrai`d d trdvs `l cgs `istiktgs kivlcls `l mgnilrkg#
ls cd `l sdtisjdalr cds klalsi`d`ls pnciads `l cgs aiu`d`dkgs y prgogvlr su `lsdrrgccg+ Rdrd
auopcir agk `iafd jukaik# cds lkti`d`ls pnciads pcdkijiadk y prigrizdk ukd slril `l daaigkls+
Lktrl tg`ds stds# dqulccds qul tilklk agog gnhltg arldr# dopcidr# og`lrkizdr g rlauplrdr cd
adpdai`d` mlklrd`grd `l nilkls g prlstd`grd `l slrviaigs# agkstituylk Rrgylatgs `l Ikvlrsik
Rnc iad+ Lk lstl slkti`g# uk Rrgylatg `l Ikvlrsik Rnciad sl agkvilrtl lk uk ol`ig pgr lc audc
cds pgctiads pnciads sl trd`ualk lk flafgs rldcls qul dyu`dk d sdtisjdalr klalsi`d`ls y prgoulvlk
lc `lsdrrgccg `lc pds+
Dc slr cd Ikvlrsik Rnciad# ukd `l cds flrrdoilktds qul uticizd lc Lstd`g pdrd olhgrdr cd adci`d`
`l vi`d `l cd pgncdaik y agksi`lrdk`g qul cgs rlaursgs qul cd agopgklk sgk lsadsgs5 `iafd
uticizdaik `lnlr sgoltlrsl d uk dkcisis qul plroitd mdrdktizdr lc olhgr usg pgsincl `l cgs
rlaursgs lk aulstik+ Lstgs dkcisis g lstu`igs sl `lkgoikdk Lstu`igs `l Rrl/ikvlrsik y agkstdk
`l trls kivlcls8 Rlrjic# Rrl/jdatinici`d` y Jdatinici`d`+
Lc prlslktl ikstruativg lst `isld`g pdrd lxpciadr lk qu agksistl cd lvdcudaik `lc priolr
kivlc `l cgs lstu`igs `l prlikvlrsik8 lc Rlrjic `l uk Rrgylatg `l Ikvlrsik Rnciad+ Dsioisog#
lstd Mud `l Grilktdaik agkstituyl ukd rljlrlkaid nsiad puls kg prltlk`l rllopcdzdr cd
.Mud Mlklrdc pdrd cd I`lktijiadaik# Jgroucdaik y Lvdcudaik Qgaidc `l Rrgylatgs `l
Ikvlrsik Rnciad lk lc kivlc `l Rlrjic.# `gauolktg os agopcltg y `ltdccd`g qul plroitl lcdngrdr
d`laud`dolktl uk Rlrjic+
Ls klalsdrig rlsdctdr qul uk Rrgylatg `l Ikvlrsik Rnciad rlspgk`l siloprl d cd sgcuaik `l uk
prgnclod qul djlatd d cd pgncdaik y auyg dprgvlafdoilktg g sgcuaik ls rlspgksdnici`d` `l
cd Lkti`d` Rnciad qul jgroucd lc prgylatg+ Lk lstl slkti`g# cd agrrlatd i`lktijiadaik `lc
prgnclod ls lc puktg `l ikiaig `l tg`g prgylatg# yd qul lrrgrls lk lstd tdrld cclvdrk d
sgcuaigkls ikagrrlatds y pgr cg tdktg d uk ikd`laud`g usg `l cgs rlaursgs pnciags+
Rgr lccg# cd d`laud`d i`lktijiadaik `l uk prgnclod `lnlr surmir `lc dkcisis `l cd situdaik
datudc+ \kd vlz i`lktijiad`g lc prgnclod# sl pul`lk pcdktldr cds dctlrkdtivds `l sgcuaik+ @l
lstd odklrd# cd slaulkaid cmiad pdrd cd jgroucdaik `l uk prgylatg `l ikvlrsik pnciad ls cd
simuilktl8
4+ ^ldcizdr uk @idmkstiag# qul plroitd#
>+ I`lktijiadr lc Rrgnclod# y culmg#
1+ Dkdcizdr cds Dctlrkdtivds `l Qgcuaik y lclmir cd olhgr &lc prgylatg)
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
10/95
@l lstl og`g# cd slaulkaid d `lsdrrgccdr `lnl slr @idmkstiag / Rrgnclod / Adusds /
Dctlrkdtivds `l sgcuaik pdrd mdrdktizdr qul lc prgylatg `l ikvlrsik pnciad rlsulcvd ljlati/
vdolktl lc prgnclod `ljiki`g+
Cdolktdnclolktl# mrdk pdrtl `l cd ikvlrsik pnciad qul rldcizdndk cds `ivlrsds lkti`d`ls `lc
Lstd`g kg fd agktrinui`g d rlsgcvlr ljlativdolktl cgs prgnclods `l cgs aiu`d`dkgs `lni`g#
lktrl gtrds adusds# d cd duslkaid `l uk Qistlod Kdaigkdc `l Ikvlrsik Rnciad qul mlklrl ukd
.aucturd `l prgylatgs.# y lsdrrgccl prgalsgs# prgal`ioilktgs y oltg`gcgmds lsplajiads pdrd cd
jgroucdaik `l prgylatgs `l ikvlrsik pnciad qul mdrdktial lc usg ljiailktl `l cgs rlaursgs
pnciags+
Rgr lccg# d pdrtir `l cd arldaik `lc Qistlod Kdaigkdc `l Ikvlrsik Rnciad# sl nusad mdrdktizdr lc
usg ljiailktl `l cgs rlaursgs pnciags# `lstikd`gs d cd ikvlrsik# ol`idktl cd rlauplrdaik `l
cd `lkgoikd`d .aucturd `l prgylatgs.+ Dqulccd qul hustijiad lc dkcisis `l cds dctlrkdtivds `l
sgcuaik prlvig d cd lhlauaik `lc prgylatg pdrd pg`lr lclmir cd olhgr dctlrkdtivd5 lclvdk`g#
`l lstd odklrd# cd adci`d` `l cd ikvlrsik pnciad y adkdcizk`gcd dc prgalsg `l `lsdrrgccg+
Lc dkcisis `l dc tlrkdtivds# qul plroitl sgcuaigkdr d`laud`dolktl uk prgnclod# sl rldcizd lk
lc `lsdrrgccg `l cgs lstu`igs `l prlikvlrsik+ Qgk lstgs lstu`igs cgs qul plroitirk sustlktdr
takiadolktl cd lhlauaik `l uk prgylatg `l ikvlrsik pnciad+ Lc Rlrjic ls lc priolr kivlc `l
cgs lstu`igs `l prlikvlrsik y lk cd odygrd `l prgylatgs slkaiccgs slr lc kiag lstu`ig qul sl
rldcial pdrd sustlktdr cd vidnici`d` `l cgs oisogs+ ^ldcizd`g lstl lstu`ig# cd `laisik `l ikvlrtir
tlk`r uk olhgr y odygr sustlktg kg scg pdrd lc lsplaidcistd g pdrd lc takiag qul cg lhlau/
td# sikg tdonik pdrd cds dutgri`d`ls qul dprulndk su lhlauaik y sl rlspgksdnicizdk pgr lccd+
Ls iopgrtdktl olkaigkdr qul sgk pdrtl `lc Qistlod Kdaigkdc `l Ikvlrsik Rnciad cds dutgri d`ls
&Dcadc`ls# Rrlsi`lktls `l Mgnilrkgs ^lmigkdcls# Oikistrgs# lta+)# cgs prgjlsigkdcls y cgs takiags#
`l tg`ds cds Lkti`d`ls Rnciads `l tg`gs cgs kivlcls `l mgnilrkg# qul jgroucdk y lvdcdk
prgylatgs `l ikvlrs ik pnciad+ Pg`gs cgs dmlktls rlquilrlk agkgalr cgs prgalsgs#
prgal`ioilktgs y oltg`gcgmds `lc Qistlod Kdaigkdc `l Ikvlrsik Rnciad agk lc jik `l cgmrdr
lc usg ljiailktl `l cgs rlaursgs pnciags qul sl `lstikdk d cd ikvlrsik+ Lstl gnhltivg ls ukagoprgoisg dsuoi`g pgr tg`gs cgs datgrls `lc Qistlod Kdaigkdc `l Ikvlrsik Rnciad+
Cd prlslktl Mud `l Grilktdaik `lnl slrvir d quilkls `irlatd g ik`irlatdolktl jgrodk pdrtl
`lc Qistlod Kdaigkdc `l Ikvlrsik Rnciad# ikacui`gs cgs aiu`d`dkgs# pdrd lktlk`lr aog y
pdrd qu sl fdal lc Rlrji c `l uk prgylatg `l ikvlrsik pnciad y ds agktrinuir d djidkzdr cd
.aucturd `l prgylatgs. agk lc jik `l prgogvlr lc usg ljiailktl `l cgs rlaursgs pnciags `lstikd`gs
d cd ikvlrsik+
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M\D @L G^ILKPDAIK K> I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
11/95
M\D @L G^ILKPDAIK K>
I`lktijiadaik# Jgroucdaik y Lvdcudaik
`l Rrgylatgs `l Ikvlrsik Rnciad d kivlc `l Rlrjic
Ikiaidogs cd rutd agk cd `ljikiaik `l cgs Dsplatgs Mlklrdcls `l uk Lstu`ig `l Rlrjic `lcRrgylatg `l Ikvlrsik Rnciad+
Gnslrvd `k`l kgs lkagktrdogs8
O@\CG I
DsplatgsMlklrdcls
O@\CG II
I`lktijiadaik
O@\CG III
Jgroucdaik
Dqu
44
O@\CG IZ
Lvdcudaik
Agkacusigkls yDklxgs
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
12/95
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
13/95
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I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC M\D @L G^ILKPDAIK K>
O`ucg
II+DQRLAPGQ MLKL^DCLQTu `lsdrrgccdogs lk lstl O`ucg7
Lk stl O`ucg sl `ljiklk dcmukgs `dtgs nsiags `lc Rrgylatg `l IkvlrsikRnciad/RIR+
Ls nulkg sldcdr qul kg siloprl tlk`rs tg`ds cds flrrdoilktds pdrd pg`lragopcltdr cgs Dsplatgs Mlklrdcls dc ikiaig `l cd lcdngrdaik `lc RIR# pgr cgqul ls nulkg qul ukd vlz jikdcizd`d cd jgroucdaik `l uk RIR# rlmrlsls d stlo`ucg y fdmds cgs dhustls klalsdrigs+
@l odklrd lsplajiad prltlk`logs qul tlkmds ukd i`ld acdrd `l aog8
@lkgoikdr agrrlatdolktl uk RIR+
I`lktijiadr cd lkti`d` lkadrmd`d `l jgroucdr lc RIR# ds agog cdlkti`d` qul culmg sl lkadrmdr `l lhlautdr lc oisog+
^lagkgalr cd iopgrtdkaid l ikalktivdr cd pdrtiaipdaik `l cdpgncdaik `ls`l lc ikiaig `lc RIR+
>+ \KI@D@JG^O\CD@G^D
Y LHLA\PG^D
4+ KGON^L@LC
R^GYLAPG
^\PD @LC O@\CG I
DQRLAPGQ ML KL^DCLQ
1+ RD^PIAIRDAIK@L CD
RGNCDAIK
4+ Kgonrl `lc Rrgylatg
Ql rlagoilk`d qul lc kgonrl `lc RIR ik`iqul auc ls lc tipg `l iktlrvlkaik#auc ls lc nilk g slrviaig qul slr prgpgraigkd`g pgr lc prgylatg# ds agogauc ls cd cgadcizdaik `lc oisog+
Lc kgonrl `l uk RIR`lnl slr acdrg# `l tdcodklrd qul plroitd#scg dc cllrcg# jgrodrslukd i`ld `l qu ls cg
qul sl plrsimul agk sulhlauaik+
Lk d`lcdktl# audk`gfdnclogs l Rrgylatgs`l Ikvlrsik Rnciad cgfdrlogs usdk`g RIR+
0+ OD^AG@L
^LJL^LKAID
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
14/95
0
M\D @L G^ILKPDAIK K> I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC
T\ QL ZD
D FDAL^7
Fdy trls prlmuktds acdvl qul dyu`dk d kgonrdr agrrlatdolktl uk RIR8
Tu sl vd d fdalr7
Auc ls lc nilk g slrviaig d iktlrvlkir7@k`l sl vd d cgadcizdr7
Gnslrvd cgs simuilktls lhlopcgs8
A\C LQ LC
NILK G QL^ZIAIGD IKPL^ZLKI^7
Ql vd d mlklrdr
KGON^L
@LCR^GYLAPG
>+ \ki d` Jgroucd grd y \ki d` Lhlautgrd
D qu ccdodogs \ki`d` Jgroucd`grd7Cd \KI@D@ JG^O\CD@G^D / \J# ls cd lkadrmd`d `l cd jgroucdaik `lcgs lstu`igs `l prl/ikvlrsik `lc RIR+ Rul`l slr audcquilr gjiaikd g lkti`d``lc Qlatgr Rnciag &Oikistlrigs# Mgnilrkg Kdaigkdc# Mgnilrkgs ^lmigkdclsg Mgnilrkgs Cgadcls)+
Ls iopgrtdktl qul cgs RIRjgroucd`gs pgr `ltlroi/kd`d \J lstk rlcdaigkd`gsagk cds jukaigkls `l su
agopltlkaid+
@K@L QL ZD
D CGADCIXD^7
Ql vd d olhgrdr
Ql vd d rlauplrdr
Lc slrviaig `llklrmd lcatriad
Lc sistlod `ldcadktdriccd`g
Lc alktrg `l sdcu`
Lk cd aulkad`lc rig Rutuodyg
Lk lc ndrrig `lQdk Rl`rg
Lk lc `istritg `lTulrgpdcad
^lauplrdaik `lcalktrg `l sdcu``lc `istritg `lTulrgpdcad
Olhgrdoilktg
`lc sistlod `ldcadktdriccd`g `lcndrrig Qdk Rl`rg
Mlklrdaik `llklrmd kg
agkvlkaigkdc lkcd aulkad `lc rg
Rutuodyg
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
15/95
D qu ccdodogs \ki`d` Lhlautgrd7\KI@D@ LHLA\PG^D / \L ls cd lkti`d` lkadrmd`d `l cd lcdngrdaik `lclxpl ilktl takiag y `l cd lhlauaik `lc RIR+
Lk lc ogolktg `l plksdr lk auc ls cd lkti`d` qul lhlautdr lc RIR# slrlagoilk`d tlklr prlslktl qul cd \L d slr prgpulstd `lnl agktdr agk cdsadpdai`d`ls y agopltlkaids pdrd lkadrmdrsl `l cd lhlauaik+
Cds \L sgk `ljiki`ds `lktrg `l cd kgrodtivi`d` prlsupulstdc `lc QlatgrRnciag agog tdcls+
4
^laulr`d# kg klalsdridolktlquilk jgroucd uk RIR tilkl qul slr
quilk cg lhlautl+Dsioisog# kg klalsdridolktl cd ikstituaik glkti`d` qul tilkl lc `iklrg pdrd `lsdrrgccdr
uk RIR ls quilk cg lhlautd# yd qul cgiopgrtdktl ls qul tlkmd cds adpdai`d`ls y
agopltlkaids+
Cg qul rlagolk`dogslk lstl puktg# ls scg prlmuktdrsl8
Tu lkti`d` tilkl cd adpdai`d` pdrdlkadrmdrsl `l cd lhlauaik `lc RIR7
Rdrd odygr ikjgrodaik sgnrl cds jukaigkls`l cds \J y \L tl rlagol`dogs rlvisdr
cd Mud `l grilktdaik K4+
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
16/95
:
M\D @L G^ILKPDAIK K> I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC
1+ Rdrtiaipdaik `l cds Lkti`d`ls Ikvgcuard`ds ycgs Nlkljiaidrigs
Ls iopgrtdktl qul cd pgncdaik pdrtiaipl lk cd Lcdngrdaik `lc @idmkstiag y
agcdngrl agk cd I`lktijiadaik `l Rrgnclods+ Cds cdngrls `l @ljikiaik `lDctlrkdtivds# ds agog cd Jgroucdaik `l cds oisods# ls rlagolk`dncl qulsldk cclvd`ds d adng pgr takiags+
Rgr qu ls iopgrtdktl cd pdrtiaipdaik `l cd pgncdaik7Cd iopgrtdkaid `l cd pdrtiaipdaik `l cds Lkti`d`ls Ikvgcuard`ds y `lcgs Nlkljiaidrigs &cd pgncdaik)# `ls`l cd agkalpaik `lc RIR# rd`iad lkqul PG@GQ pg`rk agkgalr y `dr su puktg `l vistd dalrad `l auc ls lcprgnclod+ @l lstd odklrd# tg`gs cgs ikvgcuard`gs agkgzadk auclssgk cgs nlkljiaigs y cgs pgsincls plrhuiaigs# ds agog cgs agstgs dsg/aid`gs lk cd ltdpd `l gplrdaik y odktlkioilktg# pgr cd lhlauaik`lc oisog+ Cd pgncdaik pul`l# tdonik# agcdngrdr lk cd lhlauaik y lkcd gplrdaik y odktlkioilktg+@lnlrd olkaigkdrsl qul cd pgncdaik pul`l slr pdrtl# tdonik# `l cdlhlauaik y `l cd gplrdaik y odktlkioilktg+
Ls klalsdrig ikalktivdr cdpdrtiaipdaik `l cd pgncdaik
agk lc jik `l dacdrdr cds`lodk`ds y prgnclods `l cgsslatgrls sgaidcls agk cgs qul
sl vd d trdndhdr+
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
17/95
4=
I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC M\D @L G^ILKPDAIK K>
\k prgylatg qul `ls`l uk agoilkzgkg ls pdrtiaipdtivg# agrrl lc rilsmg `lkg slr lxitgsg+
Auc ls lcprgnclod7
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
18/95
6
M\D @L G^ILKPDAIK K> I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC
I@LDQ J\L^XD
\k RIR nilk `lkgoikd`g sumilrl cgqul plrsimul agk su lhlauaik+
Cd \J y cd \L `l uk RIR `lnlk slrcds qul aulktdk agk cds adpdai`d`lsy tilklk cds agopltlkaids pdrd lkadr/mdrsl rlsplativdolktl `l cd jgrou/cdaik y lhlauaik `lc oisog+
Pg`g RIR# `ls`l su agkalpaik# `lnlagktdr agk cd pdrtiaipdaik `l cdslkti`d`ls ikvgcuard`ds y `l cd pg/ncdaik+
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
19/95
49
Dfgrd qul flogs `lsdrrgccd`g cgs Dsplatgs Mlklrdcls qul `lnlk ikacuirsl lk cgs RIR dkivlc `l Rlrjic# slmuirlogs dvdkzdk`g agk lc simuilktl O`ucg# lk lc qul sl ikiaid lc trd/
ndhg `l prlpdrdr uk RIR+
Gnslrvd `k`l kgs lkagktrdogs8
M\D @L G^ILKPDAIK K>
I`lktijiadaik# Jgroucdaik y Lvdcudaik `l
Rrgylatgs `l Ikvlrsik Rnciad d kivlc `l Rlrjic
O@\CG I
DsplatgsMlklrdcls
O@\CG II
I`lktijiadaik
O@\CG III
Jgroucdaik
Dqu
O@\CG IZ
Lvdcudaik
Agkacusigkls yDklxgs
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
20/95
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
21/95
>4
I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC M\D @L G^ILKPDAIK K>
O`ucg
II
Kg klalsdridolktl`lnlogs dopcidr cd pgstd#
lc prgnclod sl pg`rd rlsgcvlragk olhgrls fnitgs `l fimilkl g
olhgr adci`d` `l dmud+ Olhgrikvlstimulogs os pdrd i`lktijiadr
gtrds dctlrkdtivds pgsincls+
Klalsitdogs dopcidrcd pgstd pdrd rlsgcvlr cgs
prgnclods `l lkjlrol`d`ls`idrrliads lk kulstrg `istritg+
II+ I@LKPIJIADAIK
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
22/95M\D @L G^ILKPDAIK K> I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC
Tu prltlk`logs lk lstl O`ucg7
Dc jikdcizdr lstl O`ucg# lsplrdogs qul lktilk`ds cg iopgrtdktl y tic qul ls`ljikir acdrdolktl auc ls lc prgnclod qul sl iktlktd rlsgcvlr agk cd rld/
cizdaik `l uk RIR+ Dsioisog# lsplrdogs qul slpds aog sl `ltlroikdk cdsolhgrls dctlrkdtivds pdrd rlsgcvlr lc Rrgnclod+
@l odklrd lsplajiad prltlk`logs qul tlkmds ukd i`ld acdrd `l aog8
@ljikir agrrlatdolktl lc Rrgnclod qul sl iktlktd sgcuaigkdr+
I`lktijiadr cds Adusds y Ljlatgs qul gadsigkdk lc prgnclod alktrdc+
Rcdktldr qu ls cg qul sl quilrl cgmrdr agk cd rldcizdaik `lc RIR+
Rcdktldr cgs ol`igs qul plroitdk lc auopcioilktg `lc gnhltivg alktrdc`lc RIR+
Rcdktldr `ivlrsds dctlrkdtivds qul plroitdk `dr sgcuaik dc Rrgnclodi`lktijiad`g+ Ad`d Dctlrkdtivd `l Qgcuaik `lnlr lstdr lkjgad`d lkdcadkzdr lc gnhltivg alktrdc pcdktld`g+
Rdrd cgmrdr lc gnhltivg `l lstl o`ucg# slmuirlogs cd simuilktl rutd8
^\PD @LC O@\CG II
Dkcisis`l Ljlatgs
`lc Rrgnclod0
@idmkstiag`l cdQitudaikDatudc
4Gnhltivgs
`lcRrgylatg
@ljikiaik`l Ol`igs
`lc Rrgylatg:
Dkcisis `lAdusds `lcRrgnclod
1
Agkstruaaik`l Dctlrkdtivds
`l Qgcuaik6
@ljikiaik`l Jikls
`lc Rrgylatg=
I@LKPIJIADAIK
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
23/95
>1
I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC M\D @L G^ILKPDAIK K>
Rriolrg slr iopgrtdktl qul agkgzadogs uk pgag os dalrad `l cdsitudaik datudc+ Lstg kgs plroitir `ljikir lc R^GNCLOD qul nusadogsrlsgcvlr+ Rdrd pg`lr `dr sgcuaik d lstl Rrgnclod tlk`rlogs qul lstu`idrsus Adusds y Ljlatgs+
\kd vlz agkgai`g lc R^GNCLOD# `lnlogs pcdktldr lc gnhltivg qul qulrlogsdcadkzdr dc `drcl sgcuaik+ Rrlaisdolktl# pdrd dcadkzdr lstl gnhltivg`lnlogs iopclolktdr ukd slril `l ol`igs y daaigkls+ Cds `istiktds agonikd/aigkls `l ol`igs y daaigkls kgs `drk kulstrds Dctlrkdtivds `l Qgcuaik+
4+ @idmkstiag `l cd Qitudaik Datudc
Agk lc @idmkstiag nusadogs lktlk`lr cds agk`iaigkls datudcls ndhg cds qulsl vilkl prlstdk`g lc nilk g slrviaig pnciag qul lc RIR prltlk`l djlatdr+
Aog pg`logs lcdngrdr uk @idmkstiag 7Lk lc @idmkstiag `lnlogs lstdnclalr acdrdolktl cgs simuilktls agkalptgs8
d) Dktlal`lktls `l cd situdaik qul ogtivd lc RIR@d`g qul sl agksi`lrd iopgrtdktl pdrd cd sgail`d` lc rlsgcvlr cd
situdaik qul sl quilrl dtlk`lr# sl `lnl agkgalr aucls sgk cgsogtivgs qul mlklrdk cd lcdngrdaik `lc RIR# pgr qu cd pgncdaikcg agksi`lrd iopgrtdktl y pgr qu `lnl iopclolktdrsl agk rlaur/sgs pnciags+
n) Xgkd y pgncdaik djlatd`dQl `lnl agkgalr auc ls cd zgkd y pgncdaik lk `gk`l cd situdaik qulsl prltlk`l dtlk`lr sl fdal prlslktl+ Dsioisog# pdrd pg`lr `ljikir lctdodg `lc RIR ls klalsdrig# prlvidolktl# tlklr acdrg auktgs pgncd`grls
g jdoicids sgk djlatd`gs pgr lsd situdaik+
a) Mrdvl`d` `l cd situdaik qul sl prltlk`l dtlk`lrLs iopgrtdktl agkgalr `ls`l auk`g sl odkijilstd lstd situdaik klmdti/vd y auc ls lc kivlc `l mrdvl`d` `l cd oisod+
`) Iktlktgs `l sgcuaigkls dktlrigrlsLc pg`lr agkgalr si dktlrigrolktl sl pcdktldrgk dcmukds Dctlrkdtivds`l Qgcuaik d cd situdaik klmdtivd# ds agog cds adusds `l su xitg g
jrdadsg# kgs plroitir tlklr ukd olhgr agoprlksik `lc RIR qulprltlk`logs jgroucdr+
D odklrd `l lhlopcg 8Rrlvidolktl sl fdnd`isld`g uk prgmrdod`l `lsdyukgs lsagcdrlspdrd cgmrdr ukd odygrdsistlkaid+
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
24/95
l) Iktlrlsls `l mrupgs ikvgcuard`gsQlr klalsdrig qul sl pul`d i`lktijiadr `ls`l uk ikiaig cgs mrupgs `l cdsgail`d` qul sl lkaulktrdk ikvgcuard`gs agk lc RIR# ds agog cgs iktlrlsls`l ad`d ukg `l lccgs jrlktl d cgs prgnclods qul plrainlk+
D kivlc `l Rlrji c# lc @idmkstiag sl lcdngrdr uti cizdk`g cd ikjgrodaik`ispgkincl+ Cd ikjgrodaik `ispgkincl ls prikaipdcolktl cd ikjgrodaikslauk`drid# cd audc sl gntilkl `l cinrgs# prgylatgs dktlrigrls# `gauolktgs`l trdndhg# lktrl gtrgs+
0
M\D @L G^ILKPDAIK K> I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC
Qimuilk`g agk kulstrglhlopcg# sl tlk`rd qulaggr`ikdr agk cd Dsgaidaik`l Rd`rls `l Jdoicid+
^ldcizdr uk@idmkstiag kg ls scg
rlagpicdr ikjgrodaik# sikgqul ls klalsdrig dkdcizdr
l iktlrprltdr `iafdikjgrodaik+
>+ @ljikiaik `lc Rrgnclod
\kd vlz rldcizd`g lc @idmkstiag slr jaic pg`lr lkagktrdr aucls sgk cgsRrgnclods qul djlatdk d cgs pgncd`grls lk cd zgkd lstu`id`d+ Rdrd cdJgroucdaik `lc RIR sl `lnl `ljikir cd rlcdaik @IDMKQPIAG / R^GNCLOD/ AD\QDQ / DCPL^KDPIZDQ @L QGC\AIK+
Lc prgnclod alktrdc ls dqulccd situdaik klmdtivd qul djlatd d uk slatgr`l cd pgncdaik+ Rdrd `ljikircg sl `lnl tlklr lk aulktd qul lc Rrgnclod`lnlr slr AGKA^LPG# ls `lair lc Rrgnclod `lnl slr `ljiki`g `l odklrdgnhltivd# `l tdc jgrod qul sl pul`d lkagktrdr uk agkhuktg `l sgcuaigklsg dctlrkdtivds pdrd dcividrcg+
Lc Rrgnclod kg `lnl slr lxprlsd`g agog cd duslkaid `l ukd sgcuaik#puls ds scg sl lkagktrdr ukd sgcuaik dpdrlktlolktl kiad+
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
25/95
Rgr lhlopcg8
>
Iodmkdtl qul cd \J `lai`l`ljikir agog Rrgnclod Alktrdc8
.Kg lxistl uk mlklrd`gr cgadc `llklrmd.+ Dadsg jgroucd`g ds kg
pdrlailrd qul cd kiad sgcuaik d lstlRrgnclod slrd8 .Agkstruir ukmlklrd`gr cgadc `l lklrmd.7
D agktikudaik tl prlslktdogs lhlopcgs `l aog sl `ljikl agrrlatd likagrrlatdolktl uk oisog Rrgnclod8
JG^O\CD@G @L ODKL^D IKAG^^LAPD JG^O\CD@G @L ODKL^D AG^^LAPD
R ^ G N C L O D
Kg lxistl uk mlklrd`gr cgadc `l lklrmd+
Kg lxistl uk adkdc `l rilmg+
Duslkaid `l prgmrdods `l l`uadaik
ikiaidc+
Cioitd d prgvisik `l lklrmd `urdktl lc`d+
Ndhgs rlk`ioilktgs l cgs auctivgs+
Ndhgs rlk`ioilktgs `l cgs kigs lk cgspriolrgs dgs `l l`uadaik priodrid+
Tu sual`l audk`g sl `ljikl `l odklrd ikagrrlatd lcRrgnclod7Iopi`l uk dkcisis `l cds Dctlrkdtivds `l Qgcuaik dc Rrgnclod# `l susAdusds y sus Ljlatgs+ Rdrd lc adsg `l kulstrg lhlopcg# dc `ljikir kuls/trg Rrgnclod agog cd .cioitd`d prgvisik `l lklrmd `urdktl lc `d.# slpg`rdk lkagktrdr uk sikjk `l sgcuaigkls pgsincls# kg kiadolktl cdagkstruaaik `lc mlklrd`gr+
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
26/95
Tu adrdatlrstiads lnl tlklr lc prgnclod i`lktijiad`g pdrdqul su sgcuaik sld agksi`lrd`d uk RIR7I`lktijiad`g lc Rrgnclod# `lnl rlvisdrsl pdrd vlr si auopcl agk cdssimuilktls adrdatlrstiads8
4+ Ql rlquilrl Iktlrvlkaik Rnciad@lnl hustijiadrsl si agrrlspgk`l dc Lstd`g iktlrvlkir lk lstl tipg`l Rrgnclods `l odklrd agkhuktd agk cgs Nlkljiaidrigs# prikaipdc/olktl pgrqul sl trdtd `l nilkls g slrviaigs pnciags+ Dsioisog#`lnlr qul`dr acdrg qu lkti`d` `lc Qlatgr Rnciag `lnl lkjrlktdrlc Rrgnclod# `l daulr`g agk sus adpdai`d`ls y agopltlkaids+
>+ Rrgnclod Lsplajiag@lnl slr Lsplajiag pdrd pg`lr slr dtlk`i`g pgr\K QGCG RIR+
1+ @lnl d`oitir `ivlrsds Dctlrkdtivds `l Qgcuaik@lnl d`oitir `ivlrsds Dctlrkdtivds `l Qgcuaik# `lcikld`ds d pdrtir`l cd I`lktijiadaik `l sus Adusds Artiads+
1+ Dkcisis `l Adusds\kd vlz `ljiki`g lc prgnclod# ls iopgrtdktl prlmuktdrsl8
:
M\D @L G^ILKPDAIK K> I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC
Rgr qu gaurrl lstl Rrgnclod7
Aucls sgk cds Adusds `lc Rrgnclod7
Ls dctdolktl rlagolk/`dncl# qul lstl prgalsg`l c cuvid `l i`lds
sl c clvl d adng agk cdpdrtiaipdaik `l cgsmrupgs djlatd`gs pg rlc prgnclod+
Lstl prgalsg `l prlmuktds ls iopgrtdktl# puls si agkgalogs aucls sgk cdsadusds qul gadsigkdk lc Rrgnclod# pg`rlogs lktgkals pcdktldr cds daaigklsqul kgs plroitdk dtdadr `iafds Adusds y ds pg`lr sgcuaigkdr lc Rrgnclod+
Aog lkagktrdr cds Adusds `lc Rrgnclod 7Rdrd pg`lr lkagktrdr cds Adusds `lc Rrgnclod cg os rlagolk`dnclls rldcizdr uk cistd`g# cg os lxtlksg pgsincl# `l tg`g dqulccg qulagksi`lrlogs qul pul`l lstdr adusdk`g lc prgnclod qul flogs i`lk/
tijiad`g+ D lstl prgalsg sulcl ccdorslcl CC\ZID @L I@LDQ+
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
27/95
\kd vlz qul tlkmdogs kulstrd cistd# slr klalsdrig qul scg kgs qul`logsagk dqulccds qul rldcolktl tilklk rlcdaik g lxpciadk kulstrg Rrgnclod+Rdrd pg`lr .ciopidr. kulstrd cistd slr ouy iopgrtdktl prlmuktdr dlsplaidcistds# rlvisdr cinrgs lsplaidcizd`gs g agksuctdr cgs lstu`igs `l
dcmk prgylatg sioicdr qul fdyd si`g rldcizd`g+
Rgr lhlopcg8
Qimuilk`g agk lc Rrgnclod .cioitd`d prgvisik `l lklrmd lcatriad`urdktl lc `d.# qul flogs agksi`lrd`g dktlrigrolktl# pg`rdogslcdngrdr cd simuilktl cistd `l Adusds8
4+ Iksujiailktl mlklrdaik cgadc `l lklrmd+
>+ Duslkaid `l ikjrdlstruaturd pdrd agklatdrsl dc sistlod `l
mlklrdaik `l lclatriai`d` os alradkg+
1+ Ndhg rlk`ioilktg `l cgs mlklrd`grls lxistlktls+
0+ Ikjrdlstruaturd gnsgcltd pdrd mlklrdr lklrmd lcatriad+
=
I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC M\D @L G^ILKPDAIK K>
Qgk dqulccds qul sl rlcdaigkdk`irlatdolktl agk lc RrgnclodAlktrdc+
AD\QDQ @I^LAPDQ
Qgk dqulccds qul kg datdk `irla/tdolktl sgnrl lc RrgnclodAlktrdc# sikg qul cg fdalk d trdvs`l gtrd Adusd+
AD\QDQ IK@I^LAPDQ
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
28/95
\kd vlz acdsijiad`ds cds Adusds lk @irlatds l Ik`irlatds# `lnlogs agkstruir lc
6
M\D @L G^ILKPDAIK K> I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC
^NGC @L AD\QDQ+
Tu ls lcrngc `l Adusds7Lcrngc `l Adusds ls ukd flrrdoilktd qul kgs plroitl gr`lkdr `lodklrd lsqulodtizd`d y hlrdrquizd`d cds Adusds `l uk Rrgnclod+ Dspg`logs dprlaidr lc Rrgnclod `lktrg `lc agktlxtg `l cds adusds qulcg gadsigkdk+ D pdrtir `l lstl rngc slr os slkaiccg pg`lr pcdktldrcds dativi`d`ls qul plroitdk sgcuaigkdr lc Rrgnclod Alktrdc# ol`idktlcd Qgcuaik `l sus Adusds+
Lk kulstrg lhlopcg# lc pgsincl rngc `l Adusds slrd8
@lsdprgvlafdoilktg `lcgs sistlods `l lclatriai`d`
alradkgs d cd zgkd
Iksujiailktl mlklrdaikcgadc `l lklrmd
\sg `lagonustincls
agstgsgs
Ikmrlsgs tdrijdrigskg aunrlk cgs
agstgs l gplrdaiky odktlkioilktg
Ikjrdlstruaturdgnsgcltd
pdrd mlklrdrlklrmd
Odcd mlstik`lc slrviaig `l
mlklrdaikcgadc `l lklrmd
Duslkaid `likjrdlstruaturd pdrd
agklatdrsl dc sistlod `l mlklrdaik`l lclatriai`d` os alradkg
R^GNCLODALKP^DC
AD\QDQ@I^LAPDQ
AD\QDQIK@I^LAPDQ
CIOIPD@D R^GZIQIK @L LKL^MDLCAP^IAD @\^DKPL LC @D
Tuilrls sdnlr aog sl clllstl rngc `l Adusds7
Ql cll agog simul8
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
29/95
>9
I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC M\D @L G^ILKPDAIK K>
Cd cioitd`d prgvisik `l lklrmd lcatriad `urdktl lc `d sl`lnl d8
Lc `lsdprgvlafdoilktg `l cgs sistlods `l lclatriai`d` alradkgs dcd zgkd+
Cd iksujiailktl mlklrdaik cgadc `l lklrmd+
Rdrd cllr cds Adusds @irlatds sl prgal`l `l sioicdr jgrod8
Lc lsdprgvlafdoilktg l cgs sistlods l lclatriai`d` alradkgssl `lnl d8
Cd duslkaid `l ikjrdlstruaturd pdrd agklatdrsl d lstgs sistlods alr/adkgs+
Cd iksujiailktl mlklrdaik cgadc `l lklrmd sl `lnl d8Lc usg `l agonustincls agstgsgs+
Cgs ikmrlsgs tdrijdrigs qul kg aunrlk cd gplrdaik y odktlkioilktg+
0+ Dkcisis `l Ljlatgs
Aucls sgk cgs ljlatgs `lc prgnclod7
Tu sual`lr lk lc ol`idkg pcdzg sikg sl sgcuaigkd lc prgnclod7
Aog lkagktrdr cgs Ljlatgs `lc Rrgnclod7Rdrd lkagktrdr cgs ljlatgs lc prgnclod sl rlagoilk`d slmuir lc oisog
prgal`ioilktg uticizd`g pdrd cds adusds# ls `lair8 cd ccuvid `l i`ldsy agkstruir uk rngc `l ljlatgs+ Dsioisog# dc imudc qul cds adusds#culmg `l cd `lpurdaik y `l cd dmrupdaik# slr klalsdrig slpdrdrdqulccgs Ljlatgs @irlatgs# `l cgs Ik`irlatgs+
Rdrd lc Rrgnclod prlslktd`g agog lhlopcg .cioitd`d prgvisik`l lklrmd lcatriad `urdktl lc `d.# sl pg`rd lcdngrdr cdsimuilktl cistd `l Ljlatgs8
4+ ^lstriaaigkls lk cd adci`d` `l slrviaigs `l sdcu` y l`uadaik+
>+ ^lstriaaigkls lk cd `ispgkinici`d` `l tlclagoukiadaigkls+
Rdrd lc adsg lsplajiag `lcrngc `l ljlatgs# slrklalsdrig alrrdr lc rngcagk uk ljlatg jikdc# ls `lairlc ljlatg qul sl lsplrd dol`idkg g cdrmg pcdzg
prg`uatg `l cd kg sgcuaik`lc prgnclod+
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
30/95
1+ Ikarlolktg `l agstgs `l dativi`d`ls prg`uativds y agolraidcls+
0+ Ndhd prg`uativi`d` `l dativi`d`ls prg`uativds y agolraidcls+
I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC
Rdrd lc adsg lsplajiag `lcrngc `l Ljlatgs# slrklalsdrig alrrdr lc rngcagk uk ljlatg jikdc# ls `lairlc ljlatg qul sl lsplrd dol`idkg g cdrmg pcdzg
prg`uatg `l cd kg sgcuaik`lc Rrgnclod+
LJLAPGJIKDC
LJLAPGQ
IK@I^LAPGQ
LJLAPGQ@I^LAPGQ
Ndhdprg`uativi`d``l dativi`d`lsprg`uativds yagolraidcls
R^GNCLODALKP^DC
Dcodalkdoilktgikd`laud`g `l
dciolktgs
^lstriaaigkls lk cd`ispgkinici`d` `l
tlclagoukiadaigkls
^LP^DQG QGAIGLAGKOIAG@L CDQ CGADCI@D@LQ
NDHG @LQD^^GCCG
R^G@\APIZG@L CDQ CGADCI@D@LQ
Ikarlolktg`l agstgs `ldativi`d`lsprg`uativds
y agolraidcls
^lstriaaigklslk cd adci`d``l slrviaigs`l sdcu` yl`uadaik
NDHDADCI@D@@L ZI@D
CIOIPD@D R^GZIQIK @L LKL^MDLCAP^IAD @\^DKPL LC @D
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
31/95
Ndhdprg`uativi`d``l dativi`d`lsprg`uativds yagolraidcls
Agkslrvdaikikd`laud`d `l
dciolktgs
^lstriaaigkls lk cd`ispgkinici`d` `l
tlclagoukiadaigkls
^LP^DQG QGAIGLAGKOIAG@L CDQ CGADCI@D@LQ
NDHG @LQD^^GCCGR^G@\APIZG
@L CDQ CGADCI@D@LQ
Ikarlolktg`l agstgs `ldativi`d`lsprg`uativds
y agolraidcls
^lstriaaigklslk cd adci`d``l slrviaigs
`l sdcu`y l`uadaik
NDHDADCI@D@@L ZI@D
CIOIPD@D R^GZIQIK @L LKL^MDLCAP^IAD @\^DKPL LC @D
@lsdprgvlafdoilktg `l cgssistlods `l lclatriai`d`
alradkgs d cd zgkd
Iksujiailktl mlklrdaikcgadc `l lklrmd
Duslkaid `l ikjrdlstruaturdpdrd agklatdrsl dc sistlod
`l mlklrdaik `l lclatriai`d`os alradkg
Ikmrlsgs tdrijdrigskg aunrlk
cgs agstgs `l
gplrdaik yodktlkioilktg
\sg`l
agonustinclsagstgsgs
Ikjrdlstruaturdgnsgcltd
pdrd mlklrdrlklrmd
Odcd mlstik`lc slrviaig `l
mlklrdaik cgadc`l lklrmd
\kd vlz qul lc trdndhg `l I`lktijiadaik `lc Rrgnclod lst flafg# lc rlstg `lpuktgs `l I`lktijiadaik sl `lsdrrgccdrk agk odygr jdaici`d`+
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
32/95
:+ Gnhltivg Alktrdc
Lk lstl puktg# yd tlklogs acdrg auc ls lc Rrgnclod y aucls sgk sus Adusds yLjlatgs+ Ds qul d pdrtir `l dfgrd slr klalsdrig `ljikir cd situdaik &`lsld`d)
qul qulrlogs dcadkzdr agk cd Lhlauaik `lc RIR+
Plkilk`g prlslktl lc ^NGC @L R^GNCLODQ lcdngrd`g lk lc puktg dktlrigr#cg priolrg qul `lnlogs fdalr ls pcdktldr lc GNHLPIZG ALKP^DC `lc RIR+
Auc ls lc Gnhltivg Alktrdc `lc Rrgylatg7Lc Gnhltivg Alktrdc ls cg qul lc RIR prltlk`l cgmrdr dc jikdcizdr sulhlauaik+ Qiloprl# lstl Gnhltivg lstdr dsgaid`g agk cd Qgcuaik`lc Rrgnclod Alktrdc+ Lktgkals# cd jgrod os jaic `l `ljikir lcGnhltivg Alktrdc `lc RIR ls d trdvs `l cd i`lktijiadaik `l cd situdaik`lsld`d# ls `lair# lc R^GNCLOD QGC\AIGKD@G+
M\D @L G^ILKPDAIK K> I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC
R^GNCLODQGC\AIGKD@GGnhltivg Alktrdc
R^GNCLODALKP^DC R^GYLAPG
Ds# simuilk`g agk kulstrglhlopcg# si lc Rrgnclod Alktrdc
pcdktld`g lrd cd prgvisik cioitd`d `llklrmd lcatriad `urdktl lc `d# lc Gnhltivg
Alktrdc `lc RIR slrd ikarlolktdr cdprgvisik `l lklrmd d cg cdrmg `lc `d+
Ls `lair# lc Gnhltivg Alktrdc `lnl nusadrsgcuaigkdr lc Rrgnclod pcdktld`g+
GNHLPIZG ALKP^DCIkarlolktg `l cd
prgvisik `l lklrmdlcatriad `urdktl
lc `d+
R^GNCLOD ALKP^DCCioitd`d prgvisik`l lklrmd lcatriad
`urdktl lc `d+R^GYLAPG
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
33/95
=+ Dkcisis `l Ol`igs `lc Rrgylatg
\kd vlz qul flogs pcdktld`g kulstrg GNHLPIZG ALKP^DC# lc simuilktl pdsgagksistl lk plksdr8
Aog dcadkzdr lc Gnhltivg Alktrdc7Qik cumdr d `u`d# pg`rdogs tlklr ukd cdrmd cistd `l dativi`d`lspgsincls qul kgs plroitdk dcadkzdr kulstrg Gnhltivg+ D lstds daaigklssl cls agkgal agog OL@IGQ+
Aog `ljikg cgs Ol`igs pdrd dcadkzdr oi Gnhltivg Alktrdc7Cgs Ol`igs pdrd dcadkzdr lc Gnhltivg Alktrdc slrdk dqulccgs grilktd/
`gs d lkjrlktdr cds Adusds `lc Rrgnclod+ Lk gtrds pdcdnrds# cd odkl/rd os slkaiccd `l `ljikir cgs ol`igs slr rllopcdzdr cds Adusds pgrdativi`d`ls qul plroitdk sgcuaigkdrcds+
11
I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC M\D @L G^ILKPDAIK K>
OL@IGQ @LC
R^GYLAPG
AD\QDQ @LC
R^GNCLOD AGKZL PI^ D
8
OL@IG @LCR^IOL^ KIZLC
AD\QD@I^LAPD
OL@IGJ\K@DOLKPDC(
Qcg cds Adusds Ik`irlatds `l ctiog kivlc# kg tg`dscds adusds ik`irlatds+
AD\QDIK@I^LAPD
(
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
34/95
6+ Dkcisis `l Jikls `lc RrgylatgLc dcadkzdr lc Gnhltivg `lc RIR mlklrdr agkslaulkaids pgsitivds pdrd cdRgncdaik Nlkljiaid`d pgr cd Lhlauaik `lc Rrgylatg+ D lstds agkslaulkaidspgsitivds cds ccdodrlogs cgs JIKLQ `lc RIR+
Aog i`lktijiag cgs Jikls `lc Rrgylatg7Cd odklrd os slkaiccd `l `ljikir cgs Jikls `lc RIR ls d trdvs `l cdI`lktijiadaik `l cgs Ljlatgs `lsld`gs trds cd Qgcuaik `lc Rrgnclod+
Agkstruir prlvidolktl lc ^NGC @L AD\QDQ# `ljikir cgs Ol`igs agog cdikvlrsd `l lstds adusds# kgs plroitir lcdngrdr uk ^NGC @L OL@IGQ jaic/olktl+
0
M\D @L G^ILKPDAIK K> I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC
Dprgvlafdoilktg `l cgssistlods `l lclatriai`d`
alradkgs d cd zgkd
Qujiailktl mlklrdaikcgadc `l lklrmd
@ispgkinici`d` `l ikjrdlstruaturdpdrd agklatdrsl dc sistlod
`l mlklrdaik `l lclatriai`d`os alradkg
Ikmrlsgstdrijdrigs aunrlk
cgs agstgs `lgplrdaik y
odktlkioilktg
\sg `lagonustincls
pgagagstgsgs
Cgs jikls `lc RIR sgk cdsagkslaulkaids pgsitivdsqul sl lsplrd cgmrdr agkcd Qgcuaik `lc Rrgnclod+
@ispgkinici`d` `likjrdlstruaturdog`lrkd pdrd
mlklrdr lklrmdlcatriad
Olhgrd `l cdmlstik `lcslrviaig `lmlklrdaik
cgadc `l lklrmd
IKA^LOLKPG @L CD R^GZIQIK @L LKL^MD
LCAP^IAD @\^DKPL LC @D
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
35/95
1
JIKLQ @LC R^GYLAPGLJLAPGQ @LC R^GNCLOD AGKZL PI^ D8
JIK @I^LAPGLJLAPG @I^LAPG
JIK IK@I^LAPGLJLAPG IK@I^LAPG
D qu sl ccdod JIK CPIOG7JIK CPIOG# ls uk Gnhltivg `l @lsdrrgccg+ Ls lc adonig sgaidc lk lc o/nitg alradkg dc RIR# dc audc stl nusad agktrinuir lk lc ol`idkg pcdzg+
Dsioisog# sl tlk`r qul lcdngrdr ukrngc `l Jikls+
Duolktg lk cd
prg`uativi`d``l dativi`d`lsprg`uativds yagolraidcls
Dcodalkdoilktgd`laud`g`l dciolktgs
Ikarlolktg lk cd`ispgkinici`d` `ltlclagoukiadaigkls
@LQD^^GCCG QGAIGLAGKOIAG@L CDQ CGADCI@D@LQ
IKA^LOLKPGR^G@\APIZG @L
CDQ CGADCI@D@LQ
^l`uaaik
`l agstgs `ldativi`d`lsprg`uativds
y agolraidcls
Olhgrd lk cd
adci`d` `lslrviaigs `lsdcu` y
l`uadaik
OLHG^D @LADCI@D@@L ZI@D
IKA^LOLKPG LK CD R^GZIQIK @L LKL^MDLCAP^IAD @\^DKPL LC @D
Lk gtrds pdcdnrds# cgs Jikls qul lc RIR dcadkzdr lstk rlcdaigkd`gsagk cd rlvlrsik `l cgs ljlatgs `lc prgnclod+
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
36/95
:
M\D @L G^ILKPDAIK K> I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC
Duolktg lk cdprg`uativi`d``l dativi`d`lsprg`uativds yagolraidcls
Dcodalkdoilktgd`laud`g
`l dciolktgs
Ikarlolktg lk cd`ispgkinici`d` `l
tlclagoukiadaigkls
@LQD^^GCCG QGAIGLAGKOIAG@L CDQ CGADCI@D@LQ
IKA^LOLKPGR^G@\APIZG @L
CDQ CGADCI@D@LQ
^l`uaaik`l agstgs `ldativi`d`lsprg`uativds
y agolraidcls
Dprgvlafdoilktg `l cgssistlods `l lclatriai`d`
alradkgs d cd zgkd
Qujiailktl mlklrdaikcgadc `l lklrmd
@ispgkinici`d` `l ikjrdlstruaturdpdrd agklatdrsl dc sistlod
`l mlklrdaik `l lclatriai d`os alradkg
@ispgkinici`d` `likjrdlstruaturdog`lrkd pdrd
mlklrdr lklrmdlcatriad
Olhgrd `l cdmlstik `lcslrviaig `lmlklrdaik
cgadc `l lklrmd
Ikmrlsgstdrijdrigs aunrlk
cgs agstgs `lgplrdaik yodktlkioilktg
\sg `lagonustincls
pgagagstgsgs
IKA^LOLKPG LK CD R^GZIQIK @L LKL^MDLCAP^IAD @\^DKPL LC @D
OLHG^D @LADCI@D@@L ZI@D
Olhgrd lk cdadci`d` `l
slrviaigs `lsdcu` y
l`uadaik
9+ Lcdngrdr lc rngc `l Gnhltivgs
Lc ^NGC @L GNHLPIZGQ tdonik ls agkgai`g agog lc ^NGC @LOL@IGQ/JIKLQ+ Ql agkstruyl d pdrtir `l cd ukik `lc rngc `l Ol`igs agk
lc rngc `l Jikls+
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
37/95
1=
I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC M\D @L G^ILKPDAIK K>
42+ Dctlrkdtivds `l Qgcuaik
Fdstd lstl ogolktg flogs cgmrd`g8 I`lktijiadr lc Rrgnclod y cds Adusds qulcg prg`ualk# dsoisog# yd flogs pcdktld`g auc ls lc Gnhltivg Alktrdc qul
qulrlogs dcadkzdr y cgs Ol`igs pdrd cgmrdrcg+
Lk lstl slkti`g# cg priolrg qul fdrlogs ls prlstdr dtlkaik d cgsOl`igs Juk`dolktdcls `ljiki`gs# y d pdrtir `lc dkcisis `l lccgsprlmuktdrkgs8
Agog rlspulstd d lstd prlmuktd tlk`rlogs ukd slril `lDAAIGKLQ qul sl`lnlrdk rldcizdr pdrd iopclolktdr cgs Ol`igs Juk`dolktdcls+ Ls iopgr/tdktl sldcdr# qul audk`g sl pcdktldk Daaigkls# ls klalsdrig agksi`lrdr qulstds pul`dk slr cclvd`ds d adng+
Aog pcdktlg cds Dctlrkdtivds `l Qgcuaik 7D pdrtir `l cds daaigkls qul sl `ljikdk pg`rlogs pcdktldr vdridsDCPL^KDPIZDQ @L QGC\AIK pdrd lc Rrgnclod+ Ls `lair# cdsDCPL^KDPIZDQ @L QGC\AIK sgk cds `ivlrsds dmrupdaigkls qulpg`dogs fdalr `l cds Daaigkls pcdktld`ds `l odklrd tdc qulpg`dogs `dr sgcuaik dc Rrgnclod+
Agktikudk`g agk lc oisog lhlopcg# lk lc simuilktl mrjiag `ljikiogs pgsi/ncls Daaigkls y sus Dctlrkdtivds `l Qgcuaik+
Tu tlkmg qul fdalrpdrd iopclolktdr lstl Ol`ig7
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
38/95
6
M\D @L G^ILKPDAIK K> I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC
@ispgkinici`d``l ikjrdlstruaturdpdrd agklatdrsl
dc sistlod`l mlklrdaik`l lclatriai`d`os alradkg
OL@IGJ\K@DOLKPDC 4
Olhgrd `l cd mlstik`lc slrviaig `l
mlklrdaikcgadc `l lklrmd
OL@IGJ\K@DOLKPDC 1
@ispgkinici`d``l ikjrdlstruaturd
og`lrkd pdrd mlklrdrlklrmd lcatriad
OL@IGJ\K@DOLKPDC >
DCPL^KDPIZD @LQGC\AIK 4
Iktlragklxikdc sistlod lcatriag
d trdvs `l ukd ckld`l trdksoisik
DAAIK 4
DCPL^KDPIZD @LQGC\AIK >
Adpdaitdaik`lc plrsgkdc y
rlgrmdkizdaik `l cgssistlods `l mlstik
DAAIK 1
Agkstruaaik`l ukd oiargalktrdc
fi`rglcatriad
DAAIK >d
Agkstruaaik `lukd pcdktd
`l mlklrdaik `ilslc&tlroglcatriad)
DAAIK >n
DCPL^KDPIZD @LQGC\AIK 1
DCPL^KDPIZDQ @L QGC\AIK
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
39/95
19
I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC M\D @L G^ILKPDAIK K>
\kd vlz `ljiki`ds cdsDctlrkdtivds # sl `lnlrprlslktdr uk nrlvl rlsu/olk# lsplaijiadk`g cds
adrdatlrstiads `istiktivds`l ad`d ukd `l lccds+
Culmg `l lcdngrdr cgs rngcls y `l fdnlr flafg lc dkcisis rlsplativg#cds DCPL^KDPIZDQ @L QGC\AIK prgpulstds pdrd lc RrgnclodAlktrdc sgk8
DCPL^KDPIZD @L QGC\AIK 4 &daaik 4 % daaik 1)Iktlragklxik dc sistlod lcatriag d trdvs `l ukd ckld `l trdks/oisik# adpdaitdaik `lc plrsgkdc y rlgrmdkizdaik `l cgs sistlods`l mlstik+
DCPL^KDPIZD @L QGC\AIK > &daaik >d % daaik 1)Agkstruaaik `l ukd oiargalktrdc fi`rglcatriad# adpdaitdaik
`lc plrsgkdc y rlgrmdkizdaik `l cgs sistlods `l mlstik+
DCPL^KDPIZD @L QGC\AIK 1 &daaik >n % daaik 1)Agkstruaaik `l ukd pcdktd `l mlklrdaik `ilslc &tlroglcatriad)#adpdaitdaik `lc plrsgkdc y rlgrmdkizdaik `l cgs sistlods `lmlstik+
^laulr`d qulcds agonikdaigkls
`l Daaigkls `ltlroikdk
cds Dctlrkdtivds
`l Qgcuaik+
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
40/95
2
M\D @L G^ILKPDAIK K> I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC
I@LDQ J\L^XD
^ldcizdr uk @idmkstiag ls dkdcizdr l iktlr/prltdr cd ikjgrodaik rlagmi`d pdrdlktlk`lr cds agk`iaigkls ndhg cds qul slvilkl prlstdk`g lc nilk g slrviaig pnciag+
Qi lc Rrgnclod ls lxprlsd`g agog cdklmdaik `l ukd Qgcuaik# sl agrrl lc rilsmg`l `lhdr `l lvdcudr gtrds Dctlrkdtivds+
Rdrd I`lktijiadr cds Adusds qul gadsigkdklc Rrgnclod# cd takiad .ccuvid `l i`lds.dyu`d ouafg+ std sl lnlrd rldcizdr agkcd pdrtiaipdaik `l cgs mrupgs djlatd`gspgr lc Rrgnclod+
Lc rngc `l Rrgnclods jdaicitd lcpcdktldoilktg `l cds dativi`d`ls qulplroitdk sgcuaigkdr lc Rrgnclod
Alktrdc+
Lc rngc `l Gnhltivgs ls lc rlsuctd`g `likvlrtir lc rngc `l Rrgnclods+
Lc Gnhltivg Alktrdc `l uk RIR `lnl nus/adr cd Qgcuaik `lc Rrgnclod pcdktld`g+
Cgs Ol`igs pdrd dcadkzdr lc Gnhltivg Alk/trdc `lc RIR g `dr Qgcuaik dc Rrgnclod#
sl lkaulktrdk rlcdaigkd`gs agk cd ikvlrsd`l cds Adusds `lc Rrgnclod+
Cgs Jikls `lc RIR sgk cds agkslaulkaidspgsitivds qul sl lsplrd cgmrdr agk cd Qgcu/aik `lc Rrgnclod+
Cds Dctlrkdtivds `l Qgcuaik sgk dqulccdsagonikdaik `l daaigkls qul pul`lk `dr
Qgcuaik dc Rrgnclod I`lktijiad`g+
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
41/95
04
Dfgrd qul agkgals olhgr aog I`lktijiadr lc Rrgnclod# sus Adusds# Ljlatgs# aogpcdktldr lc Gnhltivg Alktrdc y cgs Ol`igs pdrd cgmrdrcg# ds agog `ljikir cdsDctlrkdtivds `l Qgcuaik `lc Rrgnclod# tl ikvitdogs d pdsdr dc simuilktl O`ucg+
Gnslrvd `k`l kgs lkagktrdogs8
M\D @L G^ILKPDAIK K>
I`lktijiadaik# Jgroucdaik y Lvdcudaik Qgaidc `l
Rrgylatgs `l Ikvlrsik Rnciad d kivlc `l Rlrjic
O@\CG I
DsplatgsMlklrdcls
O@\CG II
I`lktijiadaik
O@\CG III
JgroucdaikDqu
O@\CG IZ
Lvdcudaik
Agkacusigkls yDklxgs
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
42/95
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
43/95
01
I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC M\D @L G^ILKPDAIK K>
O`ucg
IIIIII+ JG^O\CDAIK
Rlrg kg scg sl trdtd`l lsg+ Fdy vdrids vdridncls
qul dk kg flogs dkdcizd`g#agog cd Gjlrtd y @lodk`d pgrlc slrviaig+ Ls os# d cg olhgragkstruir lc adkdc kg ls kulstrd
olhgr Dctlrkdtivd+
Qi `lktrg `l kulstrdsDctlrkdtivds tlklogs
cd `l agkstruir uk adkdc `lrilmg# pgr qu kg
loplzdogs d agkstruircg7
Dctlrkdtivd 48
Adkdc `l rilmg
Dctlrkdtivd 4Dctlrkdtivd >
Dctlrkdtivd 1
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
44/95
Tu prltlk`logs agk lstl O`ucg7
Dc jikdcizdr lstl O`ucg# lsplrdogs slpds aog `ljikir cds oltds l ad`d ukd`l cds Dctlrkdtivds `l Qgcuaik# y sus agstgs tgtdcls d prlaigs `l olrad`g+
@l odklrd lsplajiad prltlk`logs qul tlkmds ukd i`ld acdrd `l aog8
Lstiodr y prgylatdr cgs slrviaigs `lodk`d`gs pgr cgs nlkljiaidrigs `lc RIR+
Agkgalr auc ls cd gjlrtd datudc y cds rlstriaaigkls `l cgs slrviaigs qulsl prgvllk datudcolktl+
Agkgalr lc tdodg `lc `jiait lk cd prgvisik `lc nilk g slrviaig qul lcRIR dtlk`lr+
@ltlroikdr cgs agstgs tgtdcls l ikarlolktdcls `l ad`d ukd `l cds Dctlr/kdtivds `l Qgcuaik+
0
M\D @L G^ILKPDAIK K> I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC
^\PD @LC O@\CG III
NdcdkalGjlrtd/@lodk`d0
Fgrizgktl `lLvdcudaik4
Argkgmrdod`l Daaigkls
AgstgsIkarlolktdclsd Rrlaigs `lOlrad`g
:
Dkcisis `lGjlrtd1
Agstgsagk Rrgylatgsd Rrlaigs `l
Olrad`g
=
JG^O\CDAIK
Ad`d Dctlrkdtivd `l Qg/cuaik `lnl pdsdr pgrtg`ds cds ltdpds `l cdJgroucdaik ik`iad`dslk lc mrjiag+
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
45/95
Lk lstl O`ucg fdrlogs lc dkcisis y prgylaaik `l cd @lodk`d y Gjlrtd pgrcgs nilkls y slrviaigs qul lc RIR iktlrvlk`r+ \kd vlz agkgai`gs lstgs vdcgrlssl pg`r `ljikir lc @jiait lk cd @lodk`d `l nilkls y slrviaigs qul kulstrg RIRlsplajiag dtlk`lr+ Agkgailk`g lstl `jiait pg`rlogs `iolksigkdr kulstrds
Dctlrkdtivds `l Qgcuaik# pdrd ds pg`lr fdalr lc Agstlg `l cds oisods dRrlaigs `l Olrad`g+
4+ Fgrizgktl `l Lvdcudaik
D qu sl ccdod FG^IXGKPL @L LZDC\DAIK7Ql ccdod ds dc plrg`g qul sl lstdnclal pdrd lvdcudr cgs nlkljiaigs y cgsagstgs dtrinuincls d uk `ltlroikd`g RIR+
Rdrd `ljikir lstl fgrizgktl sl `lnl agksi`lrdr cd suod `l cds ltdpds`l ikvlrsik y `l gplrdaik y odktlkioilktg+
0
FG^IXGKPL @L LZDC\DAIK
Lc QKIR tilkl lstdnclai`g qul lc Fgrizgktl `l Lvdcudaik kg `lnl slr odygr`l 42 dgs pdrd jikls `l lvdcudaik `l ad`d Dctlrkdtivd `l Qgcuaik+ Qik
londrmg# cd @MRO pul`l dalptdr plrg`gs odygrls# agk lc `lni`g sustlk/tg takiag `lc adsg+
Tu lhlopcg usdrlogs pdrd lstl O`ucg7\sdrlogs uk lhlopcg `istiktg dc lc O`ucg `l I`lktijiadaik+ Kulstrgkulvg lhlopcg lstdr rljlri`g dc `lsdrrgccg `l ikjrdlstruaturd `lrilmg# pdrd ds pg`lr `gtdr `l uk odygr vgcuolk `l dmud pdrd rilmg dcgs prg`uatgrls# cg qul plroitir ikarlolktdr cd prg`uativi`d` `l sus auctivgs+
IKZL^QIKR^L/IKZL^QIK RGQP/IKZL^QIK
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
46/95
Dfgrd# iodmiklogs qul culmg `l cclvdr d adng lc O`ucg `l I`lktijiadaikpdrd lstl RIR `l rilmg# kgs lkagktrdogs agk `gs pgsincls Dctlrkdtivds `lQgcuaik8
:
M\D @L G^ILKPDAIK K> I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC
DCPL^KDPIZD >^lpdrdaik `l cd ikjrdlstruaturd
`l rilmg lxistlktl
DCPL^KDPIZD 4Agkstruaaik `l ukd kulvd
ikjrdlstruaturd `l rilmg
Dfgrd# slr klalsdrigagkgalr lc tilopg qul
`lnlr slmuir ad`dDctlrkdtivd `l Qgcuaik+
D agktikudaik prlslktdogslc lsqulod pdrd cd
Dctlrkdtivd 4+
DCPL^KDPIZD 48
Agkstruaaik `l ukd kulvd ikjrdlstruaturd `l rilmg
Rrl/ikvlrsik\kd vlz qul sl agopcltd lc Rlrjic# dcmukds vlals ls klalsdrig prgjuk`izdrcgs lstu`igs# pdrd cg audc sl lstiod klalsdrig qul sl cclvlk d adng lstu`igs`l Rrl/jdatinici`d` y Jdatinici`d`+ Lk kulstrg lhlopcg# sl agksi`lrd klal/sdrig rldcizdr dongs lstu`igs# cgs audcls `lodk`drk uk plrg`g `laudtrg olsls pdrd cd rldcizdaik `l ad`d ukg `l lccgs+
IkvlrsikQl adcaucd qul slrk klalsdrids `gs ltdpds `lktrg `l lstd Jdsl `l Ikvlr/sik+ Lk cd priolrd# qul kgs tgodr audtrg olsls# sl rldcizdr lc lstu`ig
`ljikitivg y lc Lxpl`ilktl Pakiag `l cd ikjrdlstruaturd+ Dsioisog# lk cgssimuilktls gafg olsls sl rldcizdr cd agkstruaaik `lc oisog+ Lk cd
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
47/95
slmuk`d ltdpd# qul tgodr scg audtrg olsls# sl rldcizdr cd Adpdaitdaik`l cd Huktd `l \sudrigs `l ^ilmg nlkljiaid`d+
Rgst/ikvlrsikLk lstd ltdpd# sl prg`ual cd lktrlmd rlmucdr `l dmud pdrd rilmg d cgs nl/kljiaidrigs+ Lstd ltdpd pul`l tlklr ukd `urdaik `l ouafgs dgs# lk cdol`i`d qul cd ikjrdlstruaturd `l rilmg simd gplrdtivd+ Qik londrmg `lnlogsrlagr`dr qul lc QKIR sumilrl agksi`lrdr agog oxiog ilz dgs pdrd jikls`l lvdcudaik+
Lstd ikjgrodaik cd pg`logs lsqulodtizdr `l cd simuilktl odklrd8
0=
I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC M\D @L G^ILKPDAIK K>
Lxpl`ilktlPakiag
Agkstruaaik `l cd ikjrdlstruaturd Adpdaitdaik Gplrdaik y Odktlkioilktg`lc Rrgylatg+
Lktrlmd `l dmud pdrd rilmg dcgs nlkljiaidrigs
DG 4 DG >
IK Z L^Q I K RG Q P/ I K Z L^Q I K
4 > 1 0 < : = 6 9 42 44 4> 4 > 1 0 < : = 6 9 42 44 4>DG 1 DG 0 +++ D G 42
>+ Dkcisis `l @lodk`d
Lstl puktg lst rljlri`g dc Dkcisis `l cd @lodk`d `l cgs prg`uatgs g slrvi/aigs qul lc RIR dtlk`lr+
Rgr lhlopcg# si kulstrg RIR ls `l ikjrdlstruaturd `l rilmg# lc dkcisis `l cd`lodk`d `lnlr lstdr rljlri`g d cd @LODK@D @L DM\D RD^D ^ILMG#oilktrds qul si lc RIR lst rljlri`g d mlklrdaik `l lklrmd# lc lstu`ig `l`lodk`d slr pgr@LODK@D @L LKL^MD LCAP^IAD+
FG^IXGKPL @L LZDC\DAIK
Lc agkgalr cd @lodk`dpgr lc nilk g slrviaigplroitir d cd \ki`d`Jgroucd`grd lkagktrdrlc tdodg ptiog `lc RIR+
Lk adsgs hustijiad`gs lcplrg`g pul`l slrodygr d cgs `ilz dgs+
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
48/95
Gnslrvd agk dtlkaik lc simuilktl aud`rg8
6
M\D @L G^ILKPDAIK K> I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC
Lhlopcg8
Rdrd lc adsg `l kulstrg lhlopcg
`l rilmg# cd `lodk`d datudc lst
agkstitui`d pgr cd pgncdaik qul
yd sl `l`iad d cd dmriaucturd lk
lc rld qul slr nlkljiaid`d pgr
lc prgylatg+ Rgr lhlopcg# si lc
kolrg `l jdoicids `l`iad ds d
cd dmriaucturd ls `l fd+ pgr
jdoicid)# cd `lodk`d `l dmud
pdrd rilmg pg`rd slr `l
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
49/95
Rdrd agoprlk`lr olhgr lstgs lhlopcgs rlvisd cds simuilktls tdncds8
09
I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC M\D @L G^ILKPDAIK K>
@LODK@D DAP\DC PGPDC c t 'slm
Rrgylaaik `l cd @lodk`d Datudc
DG 2
/
DG 4
4#222
2+
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
50/95
0+ Ndcdkal Gjlrtd / @lodk`d
D pdrtir `l cgs Dkcisis `l Gjlrtd y @lodk`d# pg`rlogs sdnlr auc ls lc`jiait `lc nilk g slrviaig d slr gjrlai`g pgr lc RIR# y ds pg`rlogs lstdncl/alr cds oltds `l slrviaig qul sl prgpgkl# `ltdccdk`g cds adrdatlrstiads `l cdpgncdaik nlkljiaidrid+ Lc agkgalr lstl `jiait plroitir qul cgs lsplaidcistdslkadrmd`gs `l cd jgroucdaik takiad `lc RIR pul`dk pcdktldr cds lsplaijiad/aigkls takiads `lc RIR# `l odklrd tdc qul sl sdtisjdmd lc ogktg jdctdktl+ D
lstl prgalsg cg ccdodogs `ljikiaik `lc PDODG @LC R^GYLAPG+
1+ Dkcisis `l Gjlrtd
Lc puktg `l pdrti`d `l lstl dkcisis ls cd `ltlroikdaik `l cd GJL^PD LK CDQIP\DAIK QIK R^GYLAPG# pdrd cg audc slr klalsdrig qul lstiologs cd
GJL^PD GRPIOIXD@D+
Tu ls cd Gjlrtd Gptioizd`d7Cd Gjlrtd Gptioizd`d ls dqulccd `l cd qul sl pul`l `ispgklr# ptiodolktl#agk cgs rlaursgs `ispgkincls datudcolktl# culmg `l rldcizd`ds ailrtdsolhgrds audcls pul`lk ikvgcuardr dcmukgs mdstgs kg simkijiadtivgs+
Rgr lhlopcg8
2
M\D @L G^ILKPDAIK K> I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC
D vlals# agk olhgrds`l mlstik ls pgsinclmlklrdr dfgrrgs lk cgsogktgs `l Ikvlrsik# yds `lstikdr odygrlsrlaursgs d gtrgs RIRklalsdrigs pdrd cdpgncdaik+
Lk lc adsg `l kulstrg lhlopcg `l rilmg# lk lc audc datudcolktl&QIP\DAIK QIK R^GYLAPG) cclmdk
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
51/95
Lc Rrgylatg# klalsdridolktl `lnlr sdtisjdalr lc `jiait 7Kg klalsdridolktl+ Qi nilk# sdtisjdalr tg`g lc jiait ls cg i`ldc pdrd ad`dRIR# pg`rdk lxistir ukd slril `l cioitdaigkls qul iopi`dk qul lstg sual`dagog pgr lhlopcg cd jdctd `l rlaursgs lagkoiags+
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
52/95
Plralrg8 @lnlogs jihdrkgs si lstds dativi`d`ls sl cclvdrk d adng `lodklrd siouctkld g dadsg slr klalsdrig agopcltdr ukd pdrd pg`lr lhl/autdr cd simuilktl+
Lk kulstrg lhlopcg cd prgmrdodaik `l cd Dctlrkdtivd 4 slrd8
DCPL^KDPIZD 48
Agkstruaaik `l ukd kulvd ikjrdlstruaturd `l rilmg
>
M\D @L G^ILKPDAIK K> I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC
DAPIZI@D@LQ @\^DAIK
JDQL @L R^L/IKZL^QIK 6 olslsLstu`ig l Rrl/jdatinici`d` 0 olsls
Lstu`ig l Jdatinici`d` 0 olsls
JDQL @L IKZL^QIK 4: olsls
Lxpl`ilktl Pakiag 0 olsls
Ltdpd 48 Agkstruaaik `l uk kulvg adkdc 6 olsls
Agkstruaaik l cd ngadtgod > olsls
Agkstruaaik lc adkdc 0 olsls
Agkstruaaik l adhd l agktrgc > olsls
Ltdpd >8 Grmdkizdaik `l cd huktd l usudrigs 0 olslsAdpdaitdaik lk grmdkizdaik y d`oikistrdaik > olsls
Adpdaitdaik lk odklhg l rilmg y dmriaucturd > olsls
JDQL @L RGQP/IKZL^QIK 6 dgs
Gplrdaik y odktlkioilktg lc adkdc 6 dgs
\kd vlz rldcizd`d lstdprgmrdodaik# gnslrvd cdsimuilktl rlprlslktdaik
mrjiad+
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
53/95
DG 2 DG 4
4 > 1 0 < : = 6 9 42 44 4> 41 40 4< 4: 4= 46 49 >2 >4 >> >1 >0
DG DG DG
1 +++ 42
^laulr`d qul lstd prgmrdodaiklk lc tilopg `lnl fdalrsl `l
odklrd sioicdr pdrd PG@DQcds Dctlrkdtivds `l Qgcuaik+
LQP\@IGQ @L R^L/IKZL^QIK
4/Lstu`ig `l Rrl/jdatinici`d`
>/Lstu`ig `l Jdatinici`d`
IKZL^QIK
1/Lxpl`ilktl Pakiag
0/Agkstruaaik `l cd ngadtgod
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
54/95
Rdrd cd Dctlrkdtivd `l Qgcuaik 48 .Agkstruaaik `l ukd kulvd ikjrdlstrua/turd `l rilmg. `l kulstrg lhlopcg pg`logs prlslktdr lc simuilktl agstlg`l ukg `l cgs agopgklktls8
0
M\D @L G^ILKPDAIK K> I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC
Ls `lair# sl `lnl agkgalr quiksuogs sl rlquilrlk# auktds uki`d`ls
`l ad`d ukg y lc kolrg `l plrg`gslk qul sl klalsitdrk lstgs iksuogs+
Agstlg `l cd agkstruaaik `lc adkdc
ADKPI@D@
4>2
:2>
124>1242
122
4::9
>#022
>#422=2
4#22462
1>64
1#:221#:22
129
4004:0#4=6
>2#222
44#4=6
>0#22246#222
14#222
>2#222
12#222
90#4=6
0#222
0>#222
12#222
4>#222
IZ+ GRL^DAIK Y ODKPLKIOILKPG QIK R^GYLAPG
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
59/95
I@LDQ J\L^XD
Agkgalr cd @lodk`d pgr prg`uatg gslrviaig plroitir d cd \ki`d` Jgrou/cd`grd agkgalr lc kolrg `l uki`d/`d`ls rlqulri`ds `lc nilk g slrviaig+
Qi agkgalogs cd adpdai`d` ikstdcd`ddatudc `l cd Gjlrtd# dc agopdrdrcd agkcd @lodk`d# pg`rlogs ol`ir lc jiait
y `isldr cds Dctlrkdtivds `l Qgcuaik`l daulr`g agk lsl jdctdktl+
Lc RIR pg`rd sdtisjdalr tgtdc g pdraidc/olktl lc `jiait+ Kg siloprl slrpgsincl dtlk`lrcg tgtdcolktl+
Ad`d ukd `l cds Dctlrkdtivds `l Qgcu/aik `lnl slr agstld`d `l odklrd
tgtdc l ikarlolktd c d Rrla igs `lOlrad`g+
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
60/95
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
61/95
:4
Dfgrd qul agkgals olhgr aog `ltlroikdr cd @lodk`d y Gjlrtd `lc Qlrviaig# lkagktrdrlc `jiait# lstiodr Agstgs Ikarlolktdcls# pcdktldr lc Jcuhg `l Agstgs# tl ikvitdogs d pdsdrdc simuilktl y ctiog O`ucg+
Gnslrvd `k`l kgs lkagktrdogs8
M\D @L G^ILKPDAIK K>
I`lktijiadaik# Jgroucdaik y Lvdcudaik Qgaidc `l
Rrgylatgs `l Ikvlrsik Rnciad d kivlc `l Rlrjic
O@\CG IZ
Lvdcudaik
O@\CG IDsplatgsMlklrdcls
O@\CG II
I`lktijiadaik
O@\CG IIIJgroucdaik
Dqu
Agkacusigkls y
Dklxgs
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
62/95
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
63/95
:1
I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC M\D @L G^ILKPDAIK K>
O`ucg
IZIZ+ LZDC\DAIK
Rlrg kg scg ls lc agstg cgqul `lnls usdr pdrd lclmir tu
olhgr Dctlrkdtivd `lQgcuaik+ Dk jdctd agkgalraucls sgk cgs nlkljiaigs `lad`d ukd `l cds Dctlrkdtivds+
Dfgrd qul yd jgroucdogstg`ds kulstrds Dctlrkdtivds#
pgr qu `l ukd vlz kg
lhlautdogs cd os ndrdtd7
Q'+lagkoiag
Dctlrkdtivd 4
Dctlrkdtivd >
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
64/95
Tu prltlk`logs agk lstl O`ucg7
Dc jikdcizdr lstl O`ucg# lsplrdogs slpds aog lvdcudr cds Dctlrkdtivds `lQgcuaik y aog lclmir cd olhgr Dctlrkdtivd `ls`l lc puktg `l vistd sgaidc+
@l odklrd lsplajiad tlk`rs ukd i`ld acdrd `l aog8
I`lktijiadr y vdcgrdr cgs nlkljiaigs+
@ltlroikdr cd rlktdnici`d` sgaidc `l ad`d ukd `l cds Dctlrkdtivds `lQgcuaik+
@ltlroikdr cd olhgr Dctlrkdtivd `l Qgcuaik sgnrl cd ndsl `l cgs ik`i/ad`grls `l rlktdnici`d` `l ad`d ukd+
@ltlroikdr cd sgstlkinici`d` `l cd Dctlrkdtivd `l Qgcuaik lclmi`d+
I`lktijiadr cgs iopdatgs donilktdcls klmdtivgs l iopclolktdr lc RIR# dsagog lstiodr cgs agstgs `l oitimdrcgs+
0
M\D @L G^ILKPDAIK K> I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC
^\PD @LC O@\CG IZ
Jcuhg `lAgstgs d Rrl/aigs Qgaidcls0
Jcuhgs `lIkmrlsgs `lc
Rrgylatg4
LvdcudaikQgaidc
Dkcisis l
Qlksinici`d`:
Agstgs dRrlaigsQgaidcls1
Dkcisis lQgstlkinici`d`6
Qlclaaik`l cd OlhgrDctlrkdtivd=
LZDC\DAIK
Dkcisis`l IopdatgDonilktdc
9
OdragCmiag42
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
65/95
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
66/95
Cds Dctlrkdtivds `l Qgcuaik agk qul sl aulktd y sus jcuhgs `l agstgs sgk8
:
M\D @L G^ILKPDAIK K> I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC
Dsuoiogs qul cgs agstgs `l cdsitudaik sik prgylatg sgk alrg#puls kg sl fd lstd`g nrik`dk`g lcslrviaig `l sdcu` lk lc rld+
DCPL^KDPIZD 48Agkstruaaik `l ukd kulvd pgstd `l sdcu`
D G Q
A G Q P G Q P G P D C L QD R ^ L A I G @ L O L ^ A D @ G 2 4 >/42
Dsioisog# kg flogs agksi`lrd`guk agstg pdrd lc Rcdk Donilktdcpulstg qul kg fdnrd iopdatgsklmdtivgs pgr cd rldcizdaik `lc RIR+
I+ R^L/IKZL^QIK
d) Lstu`ig `l prl/jdatinici`d`
n) Lstu`ig `l Jdatinici`d`
II+ IKZL^QIK
a) Plrrlkg
`) Agkstruaaik
l) Lquipdoilktg
j) Adpdaitdaik
m) Mdstgs mlklrdcls
III+ RGQP/IKZL^QIK &pgr ad`d dg)
f) Gplrdaik y Odktlkioilktg
i) Rcdk Donilktdc
IZ+ AGQPG @L CD QIP\DAIK
QIK R^GYLAPG
PGPDC &I % II % III / IZ)
4 : # 2 2 2
: # 2 2 2
4 2 # 2 2 2
> : 9 # 2 2 2
: 2 # 2 2 2
4 1 2 # 2 2 2
= 2 # 2 2 2
0 # 2 2 2
< # 2 2 2
/
> 6 < # 2 2 2
> 2 2 # 2 2 2
> 2 2 # 2 2 2
/
/
/
> 2 2 # 2 2 2
> 2 2 # 2 2 2
> 2 2 # 2 2 2
/
/
/
> 2 2 # 2 2 2
O'G
Adcijiad`d
&O'G
Adcijiad`d)
&
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
67/95
:=
I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC M\D @L G^ILKPDAIK K>
DCPL^KDPIZD >8
Iopclolktdaik `l nrimd`ds ovicls `l sdcu`
D G Q
A G Q P G Q P G P D C L QD R ^ L A I G @ L O L ^ A D @ G 2 4 >/42
( Dc imudc qul lk cd dctlrkdtivd 4# kg sl tilklk agstgs `lc Rcdk Donilktdc ki`l cd Qitudaik sik Rrgylatg+
I+ R^L/IKZL^QIK
d) Lstu`ig `l prl/jdatinici d`
n) Lstu`ig `l jdatinici`d`
II+ IKZL^QIK
a) \ki`d`ls Ovicls
`) Lquipg O`iag
l) Lquipg `l odtlridc `l adopg
j) Adpdaitdaik
m) Mdstgs mlklrdcls
III+ RGQP/IKZL^QIK &pgr ad`d dg)
f) Gplrdaik y Odktlkioilktg
i) Rcdk Donilktdc
IZ+ AGQPG @L CD QIP\DAIK QIK R^GYLAPG(
PGPDC &I % II % III / IZ)
4 : # 2 2 2
: # 2 2 2
4 2 # 2 2 2
4 1 < # 2 2 2
4 2 2 # 2 2 2
4 = # 2 2 2
9 # 2 2 2
0 # 2 2 2
< # 2 2 2
/
4 < 4 # 2 2 2
> > 2 # 2 2 2
> > 2 # 2 2 2
/
/
> > 2 # 2 2 2
> > 2 # 2 2 2
> > 2 # 2 2 2
/
/
> > 2 # 2 2 2
4+ Jcuhg `l Ikmrlsgs
Tu ls lc Jcuhg `l Ikmrlsgs7
Lc Jcuhg `l Ikmrlsgs ls ukd flrrdoilktd qul kgs plroitl prgylatdr cgsikmrlsgs ogkltdrigs `l cd \ki`d` Lhlautgrd pgr cd lktrlmd `l cgs nilkls gslrviaigs lk ad`d Dctlrkdtivd `l Qgcuaik+
Cgs ikmrlsgs lstdrk `d`gs pgr cgs pdmgs qul rldcizdk cgs usudrigs pgr lcusg `l cgs slrviaigs gjrlai`gs+
Ls pgsincl qul lkdcmukgs RIR kg slmlklrlk ikmrlsgs og/kltdrigs# `lni`g d qulkg sl agnrd pgr lcnilk g slrviaig+
KOL^G @L\KI@D@LQ GJ^LAI@DQ
@LC QL ZIAIG
R^LAIG RG^\KI@D@ @L
QL^ZIAIG VIKM^LQGQ @L CD
DCPL^KDPIZD
O'G
Adcijiad`d{
Iopgrtd`g{&O'G Adcijiad`d)
&O'G Adcijiad`d)
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
68/95
Rgr lhlopcg# si sl lst `lsdrrgccdk`g uk RIR `l ikjrdlstruaturd `l rilmg# cgsikmrlsgs lstdrk `d`gs pgr cd ouctipciadaik `l cgs vgcolkls lktrlmd`gs `ldmud pdrd rilmg y lc prlaig qul pdmdk cgs nlkljiaidrigs pgr ad`d uki`d` `ldmud pdrd rilmg+ Lk lc adsg `l uk RIR `l dtlkaigkls o`iads# cgs ikmrlsgs
lstdrk `d`gs pgr lc pdmg qul rldcizdk cgs nlkljiaidrigs pgr cd prlstdaik `lcslrviaig `l sdcu`+
6
M\D @L G^ILKPDAIK K> I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC
Ds# lk kulstrg lhlopcg# cgs ikmrlsgs `lplk`lrk `lc kolrg `l dtlk/aigkls rldcizd`ds dkudcolktl slmk cd tdrijd rlsplativd pdrd ad`d slrviaig+Rdrd lstg supgk`rlogs qul lxistlk `gs slrviaigs d gjrlalr8 Ol`iaikd Mlklrdcy Rriolrgs Duxicigs+ Ol`iaikd Mlklrdc tilkl ukd tdrijd `l Q'+ 1+22 y RriolrgsDuxicigs `l Q'+ 1/42
4 : # 2 2 2
0 # 2 2 2
1 + 2 2< + 2 2
: 6 # 2 2 2
0 6 # 2 2 2
> 2 # 2 2 2
2
: 6 # 2 2 2
> 2 # 2 2 2
< # 2 2 2
1 + 2 2< + 2 2
6 < # 2 2 2
: 2 # 2 2 2
> < # 2 2 2
2
6 < # 2 2 2
> 6 # 2 2 2
: # 2 2 2
1 + 2 2< + 2 2
4 4 0 # 2 2 2
6 0 # 2 2 2
1 2 # 2 2 2
2
4 4 0 # 2 2 2
I+ KOL^G @L DPLKAIGKLQ 2 > 2 # 22 2 > < #2 2 2 1 0 # 22 2
D G Q
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
69/95
Rdrd lc adsg `l cdDctlrkdtivd ># vdrdk cds tdrijds pdrd ad`d ukg `l cgs slr/viaigs# ds Ol`iaikd Mlklrdc tlk`r uk agstg `l Q'+
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
70/95
Lk kulstrg lhlopcg# lc Jcuhg `l Agstgs y Nlkljiaigs d Rrlaigs `l Olrad`g ls8
2
M\D @L G^ILKPDAIK K> I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC
DCPL^KDPIZD 48Agkstruaaik `l ukd kulvd pgstd `l sdcu`
2 4 > 1/42622#222
/4422#222
/6:#222
JC\HG KLPG
D G Q
I+ IKM^LQGQ MLKL^D@GQ
II+ AGQPGQ @LC R^GYLAPG
III+ JC\HG @L IKM^LQGQ Y AGQPGQ
D R^LAIGQ @L OL^AD@G
:6#222
>22#222
/41>#222
2
> 6 < # 2 2 2
/ > 6 < # 2 2 2
DCPL^KDPIZD >8
Iopclolktdaik `l nrimd`ds ovicls `l sdcu`
2 4 > 1/42416#222
>>2#222
/6>#222
4:9#222
>>2#222
/>2#222
/4>2#222
2
4 < 4 # 2 2 2
/ 4 < 4 # 2 2 2
JC\HG KLPG
\kd vlz qul tlklogs cgs Jcuhgs `l Ikmrlsgs y `l Agstgs d Rrlaigs `lOlrad`g# adcaucdrlogs lc Zdcgr Datudc Kltg d Rrlaigs `l Olrad`g pdrd ad`dDctlrkdtivd `l Qgcuaik+
Tu ls lc Zdcgr Datudc Kltg d Rrlaigs `l Olrad`g / ZDKR7Lc ZDKR ls ukd ol`i`d `l rlktdnici`d` qul kgs plroitl agkgalr auc lslc nlkljiaig g lc agstg datudc qul rlprlslktd ad`d Dctlrkdtivd pdrd cd\ki`d` Lhlautgrd d Rrlaigs `l Olrad`g+ Lc ZDKR sl lstiod d pdrtir `lcJcuhg `l Agstgs y Nlkljiaigs d Rrlaigs `l Olrad`g / JANR+
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
71/95
@d`g qul lc vdcgr `lc `iklrg lk lc tilopg vd vdridk`g# uticizdogs dc ZDKRpdrd pg`lr trdlr d vdcgr prlslktl cgs jcuhgs `l `iklrg qul lstdogs prgyla/tdk`g pdrd cgs dgs juturgs+ Lstg kgs plroitir fdalr agopdrdaigkls#lk ogkl`d `l fgy# lktrl cds `ijlrlktls Dctlrkdtivds `l Qgcuaik+
Aog vdrd lc `iklrg lk lc tilopg7Lc `iklrg vd vdridk`g lk vdcgr lk lc slkti`g qul stl ls djlatd`g pgr cdtdsd `l iktlrs+
Rgr lhlopcg# si fgy tlklogs Q'+ 4#222 y cg `lpgsitdogs lk lc ndkag# dukd tdsd `l iktlrs `lc 42, dkudc# lc simuilktl dg tlk`rlogs Q'+ 4#422+Ls `lair# qul Q'+ 4#222 fgy# slrk Q'+ 4#422 lk lc juturg+ @l cd oisododklrd# audk`g `laiogs qul tlk`rlogs uk Jcuhg `l Agstgs lk lc dg 6
`l Q'+ :2#222# pg`rdogs `lair qul lsgs :2#222 vdclk Q'+ :2#222 fgy7Lvi`lktlolktl kg# puls pdrd sdnlr auktg vdclk fgy# `lnlogs `lsagktdrcd tdsd l iktlrs qul fdnrd i`g mdkdk`g ad`d ukg l cgs 6 dgs# fdstdcclmdr d vdclr Q'+ :2#222+
Aog adcaucg lc ZDKR7Cg priolrg qul `lnlogs fdalr ls `ltlroikdr lc JANR pdrd ad`d dg+ Cul/mg# pdrd ad`d ukg `l lstgs dgs# `lnlrlogs `lsagktdrcl cd tdsd `l iktlrsd jik `l pg`lr lxprlsdr ad`d Jcuhg Dkudc lk vdcgrls `l fgy+ Cd tdsd d cd
qul `lsagktdogs cgs jcuhgs rlainl lc kgonrl `l Pdsd Rrivd`d `l @lsaulktg+Lstd tdsd ls lc agstg privd`g `l cgs jgk`gs qul cd loprlsd `lnl pdmdrpdrd jikdkaidr kulvds ikvlrsigkls# sik londrmg# pdrd ljlatgs `l uk plrjicpg`rd usdrsl cd Pdsd Qgaidc `l @lsaulktg# qul lst kgrod`d pgr lc QKIR+
Rdrd kulstrg lhlopcg# agk lc Jcuhg `l Agstgs y Nlkljiaigs d Rrlaigs `lOlrad`g / JANR ogstrd`g dktlrigrolktl y agk ukd Pdsd Rrivd`d l @ls/aulktg / PR@ `l 44,# gntlklogs uk Zdcgr Datudc Kltg d Rrlaigs `lOlrad`g /ZDKR+
=4
I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC M\D @L G^ILKPDAIK K>
Rdrd agkgalr lc prgalsgpgr lc audc sl gntilkl lcZDKR tl rlagolk`dogsrlvisdr cd Mud Mlklrdc+
DCPL^KDPIZD 4
Q'+ /6
Q'+ /
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
72/95
1+ Agstgs d Rrlaigs Qgaidcls
Lc Rrlaig Qgaidc ls dqulc qul rljclhd lc vlr`d`lrg agstg qul simkijiad pdrd cdsgail`d` lc usg `l uk nilk# slrviaig g jdatgr prg`uativg+ Cgs prlaigs qul
kgsgtrgs agkgalogs &cgs Rrlaigs `l Olrad`g) trdlk agksimg ukd slril `l `is/tgrsigkls# prg`uatg `l iopulstgs# sunsi`igs# lta+# qul kgs iopi`lk agkgalrauc ls lc vlr`d`lrg vdcgr dsuoi`g pgr lc pds lk su agkhuktg+ Rgr lsd rdzk#pdrd ad`d Dctlrkdtivd `l Qgcuaigkls ls klalsdrig lxprlsdr cgs Agstgs `lRrl/ikvlrsik# ikvlrsik y pgst/ikvlrsik lk prlaigs sgaidcls+
M\D @L G^ILKPDAIK K> I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC
Lc Rrlaig Qgaidc `l uknilk# slrviaig# iksuog g
jdatgr prg`uativg# lsimudc dc Rrlaig `lOlrad`g agrrlmi`g pgruk jdatgr `l agrrlaaikqul rlprlslktd cds `is/tgrsigkls l ioplrjla/aigkls+
JDAPG^ @LAG^^LAAIKAGQPG D R^LAIG@L OL^AD@G V
Aucls sgk cgs Jdatgrls `l Agrrlaaik7Agk cd jikdci`d` `l lxprlsdr cgs agstgs lk prlaigs sgaidcls# lc Oikistlrig `lLagkgod y Jikdkzds fd adcaucd`g JDAPG^LQ @L AG^^LAAIK pdrddcmukgs runrgs `l agstgs+
4+JDAPG^ @L AG^^LAAIK @LNILKLQ @L G^IMLK KDAIGKDC
>+ JDAPG^ @L AG^^LAAIK @LNILKLQ @L G^IMLK IORG^PD@G
1+ ^LO\KL^DAIGKLQ+ ODKG @L GN^DADCIJIAD@D
0+ ODKG @L GN^D KG ADCIJIAD@D
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
73/95
=1
I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC M\D @L G^ILKPDAIK K>
^laulr`d# pdrd agkgalr cgsjdatgrls `l agkvlrsik vimlktls lklc ogolktg `lc `lsdrrgccg `l ad`d
Rrgylatg `l Ikvlrsik `lnl visitdrslcd pmikd `lc Oikistlrig `l Lagkgody Jikdkzds8 www+olj+mgn+pl
DCPL^KDPIZD 48
Agkstruaaik `l ukd kulvd pgstd `l sdcu`
D G Q
A G Q P G Q P G P D C L Q D R ^ L A I G Q@ L Q G A I D C L Q 2 4 >/42
I+ R^L/IKZL^QIKd) Lstu`ig `l Rrl/jdatinici d`n) Lstu`ig `l Jdatinici`d`II+ IKZL^QIKa) Plrrlkg`) Agkstruaaikl) Lquipdoilktgj) Adpdaitdaikm) Mdstgs mlklrdclsIII+ RGQP/IKZL^QIKf) Gplrdaik y Odktlkioilktgi) Rcdk DonilktdcIZ+ AGQPG @L CD QIP\DAIK QIK R^GYLAPG
PGPDC &I % II % III / IZ)
4 0 # < : 2< # 0 : 29 # 4 2 2
> > 6 # : 9 2< 2 # 0 2 2
4 4 1 # = < 2< : # = 2 2
1 # : 0 20 # > 2 2
//
> 0 1 # > < 2
4 6 > # 2 2 24 6 > # 2 2 2
//
4 6 > # 2 2 2
4 6 > # 2 2 24 6 > # 2 2 2
//
4 6 > # 2 2 2
\kd vlz flafd cd agkvlrsik `l cgs Agstgs d Rrlaigs Qgaidcls tlk`rlogs ukaud`rg sioicdr dc `l cgs Agstgs Pgtdcls `l cd pmikd
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
74/95
\kd vlz adcaucd`gs cgs Agstgs Qgaidcls Ikarlolktdcls slr klalsdrig qul sllxprlsl lk vdcgr datudc# pdrd cg audc slr klalsdrig adcaucdr lc ZDCG^DAP\DC @L AGQPGQ QGAIDCLQ+
0
M\D @L G^ILKPDAIK K> I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC
DCPL^KDPIZD >8
Iopclolktdaik `l nrimd`ds ovicls `l sdcu`
A G Q P G Q P G P D C L Q D R ^ L A I G QQ G A I D C L Q
2 4 >/42
I+ R^L/IKZL^QIK
d) Lstu`ig `l Rrl/jdatinici d`
n) Lstu`ig `l jdatinici`d`
II+ IKZL^QIK
a) \ki`d`ls ovicls
`) Lquipg o`iag
l) Lquipg `l odtlridc `l adopg
j) Adpdaitdaik
m) Mdstgs mlklrdcls
III+ RGQP/IKZL^QIK
f) Gplrdaik y Odktlkioilktg
i) Rcdk Donilktdc
IZ+ AGQPG @L CD QIP\DAIK QIK R^GYLAPG
PGPDC
4 0 # < : 2
< # 0 : 2
9 # 4 2 2
4 2 9 # 9 2 2
6 4 # 2 2 2
4 1 # = = 2
= # > 9 2
1 # : 0 2
0 # > 2 2
/
4 > 0 # 0 : 2
> 2 2 # > 2 2
> 2 2 # > 2 2
/
/
> 2 2 # > 2 2
> 2 2 # > 2 2
> 2 2 # > 2 2
/
/
> 2 2 # > 2 2
D G Q
DCPL^KDPIZD 4
Q'+ /62
Q'+ /
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
75/95
D qu sl ccdod Nlkljiaigs Qgaidcls `l uk RIR7Cgs Nlkljiaigs Qgaidcls sgk dqulccgs qul plroitlk d cgs pgncd`grls dtlk/`i`gs pgr lc RIR ikarlolktdr su kivlc `l nilklstdr# prg`uatg `l cd rldcizd/
aik `lc oisog+ Ql pg`rd `lair qul sgk cgs Nlkljiaigs qul sl gnslrvdk`l odklrd ik`irlatd+
Ls iopgrtdktl kg agkjuk`ir lstgs nlkljiaigs agk cgs ikmrlsgs ogkltdrigsprg`uatg `l cd rldcizdaik `l uk RIR &cgs audcls yd dkdcizdogs pmikdsdtrs)+
Dcmukgs lhlopcgs kgs dyu`drk d lktlk`lr lstd `ijlrlkaid8
R^GYLAPG @LP^DKQRG^PL
R^GYLAPG @L
DM\D RD^D^ILMG
IKM^LQGQ @LC R^GYLAPG
Ikmrlsg pgr pdmg `l pldhl
Rdmg pgr usg `lc dmud
pdrd rilmg
NLKLJIAIGQ QGAIDCLQ @LCR^GYLAPG
Dfgrrg `l tilopg `l vidhl
Dfgrrg `l agstg `lgplrdaik vlfiaucdr
Ikarlolktg `l cd prg`ua/
aik dmragcd@isoikuaik `l cgs agstgs`l prg`uaaik
Olhgrd `l cd adci`d` `l cgsprg`uatgs
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
76/95
:
M\D @L G^ILKPDAIK K> I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC
Qgcg sl `lnl uticizdr ukd
`l lstds oltg`gcgmds
pdrd fdalr cd lvdcudaik+
OLPG@GCGMD AGQPG NLKLJIAIG
Lstd oltg`gcgmd sl ndsd lk lstiodr cd rlktdnici`d` sgaidc `l uk RIR d pdrtir`l cd agopdrdaik `l cgs nlkljiaigs sgaidcls agk cgs agstgs sgaidcls+
Lstd ls cd oisod oltg`gcgmd qul uticizdogs lk cd lvdcudaik
lagkoiad d prlaigs privd`gs+
Lstd oltg`gcgmd sl
uticizd siloprl qul cgsnlkljiaigs sgaidcls pul/`dk slr lxprlsd`gs lkvdcgrls ogkltdrigs
JC\HG @L AGQPGQY NLKLJIAIGQ
QGAIDCLQ
JC\HG @LNLKLJIAIGQ
QGAIDCLQ
JC\HG @LAGQPGQ
QGAIDCLQ
AGQPG NLKLJIAIG
AGQPG LJLAPIZI@D@
Lk lstl puktg ls pgsincl dpciadr `gs tipgs `l oltg`gcgmds8
4>
Tu oltg`gcgmds sl pul`lkdpc iadr pdrd lstd Lvdcudaik7
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
77/95
Rdrd lstiodr `iafd rlktdnici`d` sgaidc sl rlaurrl dc ZDAQ+
Rrlstd dtlkaik dc simuilktl lhlopcg `l cd oltg`gcgmd Agstg Nlkljiaig8
Rrgylatg `l ^ilmg
Qi dsuoiogs qul tlklogs uk RIR rljlrlktl d cd agkstruaaik `l uk adkdc `lrilmg# lk cd lvdcudaik sgaidc# cg priolrg qul `lnlogs fdalr ls agksi`lrdrcgs nlkljiaigs qul lstl adkdc rlprlslktdr pdrd cd dmriaucturd `l cd zgkd dsagog cgs agstgs+
Nlkljiaigs8Ikarlolktg `l cd prg`uativi`d` dmragcd# dc tlklr ukd odygr `ispgki/nici`d` `l dmud pdrd rilmg# cgs rlk`ioilktgs pgr flatrld pul`lk
lclvdrsl+
Fdy cd pgsinici`d` `l ukd olhgrd lk cd adci`d` `l prg`uatg dmragcd#cg qul rlplrautir pgsitivdolktl lk lc prlaig `l vlktd+
Agstgs8Lc agstg sgaidc `l iopclolktdr lc prgylatg# lc qul flogs adcaucd`g lklc puktg dktlrigr+ ==
I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC M\D @L G^ILKPDAIK K>
^ \ N ^ G
Flatrlds nlkljiaid`ds
Auctivg
^lk`ioilktg
Rrlaig
Agstg `l prg`uaaik
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Fd+
Pk+ x Fd+
Q'+ x Pk+
Q'+ x Fd+
Q'+ x Fd+
QIP\DAIK QIKR^GYLAPG
422
Odz dodriccg `urg
6
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
78/95M\D @L G^ILKPDAIK K> I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC
2 4 > 1/42442#222
12#222
62#222
442#222
12#222
62#222
JC\HG KLPG
D G Q
I+ NLKLJIAIGQ IKA^LOLKPDCLQ
II+ AGQPG IKA^LOLKPDC @LC R^GYLAPG
III+ JC\HG @L AGQPGQ Y NLKLJIAIGQ QGAIDCLQ
442#222
12#222
62#222
122#222
/122#222
Lstd oltg`gcgmd sluticizd siloprl qul cgs
nlkljiaigs sgaidcls `lcRIR kg sl pul`dk rl/prlslktdr lk troikgsogkltdrigs+
Agk cgs supulstgs dktlrigrls cclmdogs d cd agkacusik qul sl prg`uair uknlkljiaig ikarlolktdc `l Q'+ 4#422 pgr ad`d flatrld ikacui`d lk lc onitg`l cd Dctlrkdtivd `l Qgcuaik+ Dfgrd agrrlspgk`l agopdrdr lstgs Nlkljiaigsagk lc Agstg `l rldcizdr lc RIR+
\kd vlz agkgai`g lc jcuhg slr klalsdrig lc acaucg `lc ZDAQ# cgqul d ukd tdsd sgaidc `l `lsaulktg `lc 44, kgs `d8
ZDAQ ? Q'+ 44=#419
PI^ ? >1+04,
Lstl lhlraiaig sl `lnlr rldcizdr pdrd ad`d ukd `l cds dctlrkdtivds `l sgcu/aik+ Os d`lcdktl tl ogstrdrlogs qul cgs ZDAQ y PI^ `l tg`ds cds
Dctlrkdtivds# sl `lnlk agopdrdr# pdrd pg`lr lclmir cds olhgrls+
OLPG@GCGMD AGQPG / LJLAPIZI@D@
Rdrd uticizdr lstd oltg`gcgmd klalsitdogs `ljikir uk ik`iad`gr qul lxprlslcgs gnhltivgs y oltds `lc RIR# d lstl ik`iad`gr sl cl agkgal agog
IK@IAD@G^ @L IORDAPG+ Qik londrmg# kg siloprl pg`rlogs lkagk/trdr ik`iad`grls `l iopdatg# pgr cg qul uticizdrlogs agog ol`i`d `ldprgxiodaik ik`iad`grls ndsd`gs lk rlsuctd`gs ikol`idtgs8 IK@IAD@G^@L LJLAPIZI@D@+
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
79/95
=9
I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC M\D @L G^ILKPDAIK K>
IK@IAD@G^ @L LJLAPIZI@D@Kolrg `l donilktls jsiagsnlkljiaid`gs
Kolrg `l slrviaigs `l sdcu`nlkljiaid`gsKolrg `l plrsgkds dtlk`i`ds+
IK@IAD@G^ @L IORDAPGDuolktg `l cd pgncdaik dtlk/`i`d
Duolktg `l cd adpdai`d` `ldtlkaik lk cgs donilktls `lsdcu`Duolktg `lc kolrg `l agk/suctds rldcizd`ds+
R^GYLAPG @L
OLHG^D DCDAALQG @LQL^ZIAIGQ @L
QDC\@
Ol`iaik l agrtg pcdzg Ol`iaik l cdrmg pcdzg
RGQPDQ ZDAQ ALD C P + 4
I+ KOL^G @L DPLKAIGKLQ >61#222 62+6
I+ KOL^G @L DPLKAIGKLQ >:9#222 +24
Iopclolktdaik`l nrimd`ds o/
vicls `l sdcu`
DCP+ >
Zdcgr adcaucd`gdktlrigrolktl
&RDM =>)
Quod `lc kolrg `ldtlkaigkls lk cgs 42
dgs `lc prgylatg&RDM =4/=>)
Tu sl nusad agk lstd oltg`gcgmd7Lstd oltg`gcgmd kgs dyu`dr d lclmir cd Dctlrkdtivd agk cd qul sl pul`ldcadkzdr cgs ik`iad`grls `l ljlativi`d` pcdktld`gs agk lc olkgr agstg
pgsincl+
\kd vlz agkgai`gs cgs ik`iad`grls# sl adcaucd lc ^DPIG AGQPG LJLAPIZI/@D@# lc audc lst agkjgrod`g pgr cd `ivisik lktrl lcZDCG^ DAP\DC @LAGQPGQ QGAIDCLQ &rlaulr`d qul lstl vdcgr cg flogs adcaucd`g lk cd pmi/kd => `l lstl o`ucg) y lc IK@IAD@G^ @L LJLAPIZI@D@+
ZDAQAL ?
IK@IAD@G^ @L LJLAPIZI@D@
Ds# lsplajiadolktl pdrd kulstrg lhlopcg# cgs ik`iad`grls slrk8
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
80/95
:+ Dkcisis `l Qlksinici`d`
Pg`gs cgs RIR lstk lxpulstgs d rilsmgs kg klalsdridolktl agktrgcdncls pgrcgs lhlautgrls u gplrd`grls `lc RIR# qul djlatdk su jukaigkdoilktg kgrodc d
cg cdrmg `lc fgrizgktl agktlopcd`g+
Rdrd qu rldcizdr lc Dkcisis `l Qlksinici`d`7Lc prgpsitg `l lstd tdrld ls `ltlroikdr auktg pg`rd djlatdrsl lc ZdcgrDatudc Kltg d prlaigs sgaidcls8 ZDK QGAIDC &rlaulr`d qul lstl vdcgr cgflogs adcaucd`g lk cd pmikd =:) g lc ^dtig `l Agstg / Ljlativi`d` &adc/aucd`g lk lc puktg dktlrigr)# dktl adonigs lk cgs runrgs os iopgrtdktls`l ikmrlsgs y agstgs+ Lsplajiadolktl sl rlquilrl lkagktrdr cgs vdcgrlscoitls qul ailrtds vdridncls pul`lk dcadkzdr sik qul lc RIR `lhl `l slrrlktdncl+
Lk qu agksistl lstd oltg`gcgmd7Cd oltg`gcgmd agksistl lk `ltlroikdr pgsincls vdridaigkls &fdaid drrindy fdaid dndhg) `l cgs vdcgrls `l cds vdridncls os iopgrtdktls `l cdDctlrkdtivd+
Rgr lhlopcg# lk lc adsg `l kulstrg RIR `l sdcu`# pg`rdogs fdalr slksi/
nicizdaigkls dc kolrg `l dtlkaigkls lk pgralktdhls `l 42,# >2, y 12,#fdaid drrind y fdaid dndhg# y vlrdogs auktd ls cd vdridaik lk lcIK@IAD@G^ @L AGQPG LJLAPIZI@D@ y ds sdnlr fdstd qu puktgukd Dctlrkdtivd ls olhgr qul cd gtrd+
=+ Qlclaaik `l cd Olhgr Dctlrkdtivd `l Qgcuaik
Jikdcolktl# sgnrl cd ndsl `l cd Lvdcudaik Qgaidc y lc Dkcisis `l Qlksinici`d`sl `lnlr slclaaigkdr cd Olhgr Dctlrkdtivd `l Qgcuaik+
Aucls sgk cgs aritlrigs `l slclaaik7
Lk lc adsg `l cd oltg`gcgmd Agstg / NlkljiaigQl slclaaigkdr agog Olhgr Dctlrkdtivd `l Qgcuaik dqulccd qul tlkmd lcodygr ZDKQ# lktrl tg`ds cds qul fdydk gntlki`g uk ZDKQ d prlaigssgaidcls pgsitivg+
2
M\D @L G^ILKPDAIK K> I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
81/95
64
I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC M\D @L G^ILKPDAIK K>
Lk lc adsg `l cd oltg`gcgmd Agstg / Ljlativi`d`Ql slclaaigkdr agog Olhgr Dctlrkdtivd `l Qgcuaik dqulccd qul tlkmd lcolkgrAgljiailktl `l Ljlativi`d` / AL+
6+ Dkcisis `l Qgstlkinici`d`
Ls ouy iopgrtdktl qul audk`g sl lvdcl uk RIR sl rldcial uk DKCIQIQ @LQGQPLKINICI@D@ qul plroitd dslmurdr qul cgs Gnhltivgs `lc Rrgylatg pg`rk slrdcadkzd`gs8 Cd Qgstlkinici`d` ls cd fdnici`d` l uk RIR pdrd odktlklr uk kivlcdalptdncl `l jcuhg `l nlkljiaigs d trdvs `l su vi`d lagkoiad+
Rdrd lccg# lc prikaipdc dkcisis d rldcizdr lst rljlri`g dc jikdkaidoilktg `l cgsagstgs `l Gplrdaik y Odktlkioilktg `lc Rrgylatg+ Agog rlagr`drs# lk cgsO`ucgs dktlrigrls sl lstio cgs rlqulrioilktgs `l rlaursgs pdrd cdGplrdaik y Odktlkioilktg `l cd situdaik agk Rrgylatg+ Pgodk`g lccg lkaulktd# lk lstd ltdpd `lnlr dkdcizdrsl si cgs rlaursgs qul sl rlquilrlk lstkdslmurd`gs+
Ds# sl `lnl pdrtir pgr i`lktijiadr qu lkti`d`ls sl lkadrmdrk `l jikdkaidr cd
Gplrdaik y Odktlkioilktg y cd odmkitu` `l cgs dpgrtls `l ad`d ukd `llccds+ Cds lkti`d`ls pul`lk slr cd \ki`d` Lhlautgrd# cgs Mgnilrkgs Cgadcls#cgs Mgnilrkgs ^lmigkdcls# cgs nlkljiaidrigs# lktrl gtrgs+
Kg ndstd tlklr uk mrupg `l lkti`d`ls qul sldcdk qul agktrinuirk agk cdGplrdaik y Odktlkioilktg# sikg qul `lnl vlrijiadrsl qul lc dpgrtl `l ad`dlkti`d` slr jikdkailrdolktl pgsincl y qul lk agkhuktg jikdkaidrk lc 422 ,`l cgs rlqulrioilktgs+ Ds# slr iopgrtdktl qul cds lkti`d`ls qul jikdkaidrkpdrtl `l cgs rlqulrioilktgs sl agoprgoltdk d ikagrpgrdr cgs mdstgs d aunrir
lk sus rlsplativgs prlsupulstgs# lk lc runrg `l Mdstg Agrrilktl+
9+ Dkcisis `l Iopdatg Donilktdc
Ql `lkgoikd Dkcisis `l Iopdatg Donilktdc dc agkhuktg `l lstu`igs# ikjgrolstakiags y agksuctds qul plroitdk lstiodr cds agkslaulkaids qul uk `ltlroi/kd`g RIR g dativi`d` adusd sgnrl cd sdcu` fuodkd y lc ol`ig donilktl+
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
82/95
Tu ol`i`ds sl `lnlk tgodr dktl lstgs iopdatgs7Rdrd ad`d ljlatg donilktdc simkijiadtivg# adcijiad`g agog iopdatg donilk/tdc# sl `lnlr pcdktldr ol`i`ds pdrd su prlvlkaik# agrrlaaik# oitimdaiky'g ogkitgrlg+
Ol`i`ds `l prlvlkaikLvitdk qul sl prlslktl lc iopdatg g `isoikuydk su odmkitu`+
Ol`i`ds `l agrrlaaikRlroitlk cd rlauplrdaik `l cd adci`d` donilktdc `lc agopgklktl djlatd`gculmg `l ukd `ltlroikd`d lsadcd `l tilopg+
Ol`i`ds `l oitimdaikRrgpids pdrd cgs iopdatgs irrlvlrsincls y sl grilktdk d dtlkudr cgs ljlatgssgnrl lc ol`ig+
Aog i`lktijiag cgs Iopdatgs Donilktdcls7Rdrd i`lktijiadr cgs Iopdatgs Donilktdcls sl pul`lk usdr dcmukd `l lstdsoltg`gcgmds8
Cistds Rrl/jdnriad`ds^l`ls `l IktlrdaaikOdtriz `l Iktlrdaaik &Odtriz `l Clgpgc`)
\kd vlz i`lktijiad`gs cgs iopdatgs klmdtivgs sl `lnl iopclolktdr daaigkls gol`i`ds qul pul`dk prlvlkircds# agrrlmircds y oitimdrcds+ Cgs agstgs `l lhlau/aik `l tdcls daaigkls g ol`i`ds `lnlrk slr adcaucd`gs+
M\D @L G^ILKPDAIK K> I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC
^ \ N ^ G
R^GM^DODAIK DK\DC
AGQPG @LC RCDK DONILKPDCDativi`d`ls `l prlvlkaik@ltdccl
Dativi`d ls `l agrrlaaik (@ltdccl
Dativi`d`ls `l oitimdaik@ltdccl
Dativi`d`ls `l ogkitgrlg@ltdccl
PGPDC @L AGQPG @L IORDAPG
( Lstd ckld `l agstgs ls cd qul cclvdogs d kulstrg jcuhg `l agstgs `lcprgylatg lk cd pmikd
7/23/2019 GUA DE ORIENTACIN PARA LA ELABORACIN DE PROYECTOS DE INVERSIN PBLICA
83/95
61
I@LKPIJIADAIK# JG^O\CDAIK Y LZDC\DAIK @L R^GYLAPGQ @L IKZL^QIK RNCIAD D KIZLC @L RL^JIC M\D @L G^ILKPDAIK K>
Lk adsg l ljlatgs klmdtivgs qul KG pul`lk slr prlvlki`gsg agrrlmi`gs# ls iopgrtdktl lvdcudr cd odmkitu` lsplrd`d `l`iafgs iopdatgs l i`lktijiadr lstrdtlmids lkadoikd`ds d oiki/
oizdr su ljlatg+ Cgs agstgs `l tdcls lstrdtlmids tdonik`lnlrk slr ikacui`gs lk lc RIR+
42+ Lc Odrag Cmiag
Tu ls cd odtriz `lc Odrag Cmiag7Lc Odrag Cmiag ls ukd `l cds prikaipdcls flrrdoilktds uticizd`ds lk lc`islg `l prgylatgs+ Rlroitl ogstrdr uk prgylatg `l ukd odklrd acdrdy agoprlksincl lk ukd siopcl odtriz+
Qcg sl lcdngrdr cd ODP^IX @L OD^AG CMIAG l cd Dctlrkdtivd slcla/aigkd`d pdrd cd iopclolktdaik `lc RIR+
Rdrd qu sirvl lc odrag cmiag7Dyu`d d lktlk`lr ag