COMPARATIVE ANALYSIS BETWEEN DETERMINISTIC AND SYSTEMIC MANAGEMENT APPROACH FOR IMPROVED EFFECTIVENESS IN PUBLIC INVESTMENT IN PER José Carlos Machicao 1 and Yanina Hilario 2 1 Applied Artificial Intelligence Engineer, GestioDinámica, Lima, Peru 2 Independent Consultant and Researcher, GestioDinámica, Lima, Peru ABSTRACT Public investment effectiveness in Peru remains low for decades, even with investment growth and technical quality improvement. Management approach is often considered as fixed and is not subject to study or change. This analysis goes deep in understanding how is the current public investment management approach, and compares it with deterministic and systemic approaches, concluding with a precise characterization and generating an improvement agenda in order to suggest changes that increase effectiveness and therefore contribute to a better quality of life of the population in Peru. KEYWORDS System Thinking, Public Investment, E...