| The government regulation on governmental investment projects becomes more important along with the rapid development of the national economy and the growth of fiscal expense. The evaluation of governmental investment projects plays an important role in securing the quality and effectiveness. This is a newly area with strategic importance for further study.The evaluation of governmental investment projects is a professional analysis and study. This serves as a tool to monitor the effectiveness of fiscal expenditure and access the social and economical benefit. More importantly, this provides evidence to strengthen governmental investment management.This paper mainly studies the current evaluation method, content and workflow on the national governmental investment projects with the thorough case study about Guangzhou Baiyun International Convention Center and Guangzhou Asia Games projects. It conducts an in-depth study on the fundamental methods and successful experience among different countries such as US, Germany, UK, etc. The paper also indicates the major concerns and future development direction for the governmental investment projects. |