Chapter 23 Analysis and Optimization of Key Index of Public Investment Building Project’s Performance Evaluation Based on Project Governance Y.S. Wang, F.f. Liu, W.Z. He, Y. Zhang, H.Y. Li and J.F. Li 23.1 Introduction Performance evaluations of domestic government investment projects have been focused on building new index systems. Since 2004, the central government has issued several policies and papers about performance evaluations of government investment projects. These policies include a common index system framework for evaluating budgets, and a budget performance management work plan (2012– 2015). Analysing the ef ficiency, effects, rationality, etc., of the existing system implementation processes, will help in related fields on a practical level. 23.2 Performance Evaluations of Public Investment Projects Based on Project Governance Methods 23.2.1 Research Status on Performance Evaluations of Public Investment Projects An ef ficient performance measurement system is essential for a government orga- nization to control, monitor, and improve the quality of its services. Y.S. Wang (&)  F.f.Liu  W.Z. He  Y. Zhang  H.Y. Li School of Civil Engineering and Transportation, South China University of Technology, Guangzhou, China e-mail: yswang@scut.edu.cn J.F. Li School of Civil Engineering and Transportation, South China University of Technology, Architectural Design and Research Institute of Guangdong Province, Guangzhou, China © Springer Nature Singapore Pte Ltd. 2018 K.W. Chau et al. (eds.), Proceedings of the 21st International Symposium on Advancement of Construction Management and Real Estate, https://doi.org/10.1007/978-981-10-6190-5_23 243