International Development Project Appraisal, Execution Planning and Monitoring

ISBN9782553015564 EditeurPresses internationales Polytechnique pages148 Parution2011-06-29
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Quatrième de couverture

In their struggle for economic and social progress, most developing countries strive to attract foreign investments, in particular international aid funds. The positive outcome of these efforts depends on a wide array of factors including the aid recipient country's preparedness in terms of having high quality pre-investment studies available as well as professionals who are experienced in leading or participating in full-fl edged investment project appraisals.

The purpose of International Development Project Appraisal, Execution Planning and Monitoring is to provide the reader with an overview of the various analytical efforts involved in preparing and appraising a development project funded in cooperation with international donors. It puts emphasis on explaining the key concepts in a simple fashion and on showing the interrelationships between the various facets of project preparation and appraisal. Professionals and students with an interest in development work will fi nd it a handy reference, regardless of their areas of expertise or academic background.

Joseph Martial Ribeiro has a background in civil engineering and holds a Ph.D. in hydrology. He has acquired extensive experience in the area of pre-investment studies for international development projects, as well as project preparation and appraisal, in particular on the African continent. His professional activities have led him to interact with a variety of stakeholders and professionals from diverse social and academic backgrounds, which has greatly enriched his perspective. He is currently a manager at the African Development Bank.


Most developing countries have urgent needs for international development assistance, but limited local capacity in terms of formulation and appraisal of development projects. For this reason, a number of them fail to live up to their full potential in attracting much-needed development aid resources. As a matter of fact, many development funds periodically report that their resources go unused due to a lack of wellprepared and well-appraised projects to which they could commit resources. Using a pragmatic approach, International Development Project Appraisal, Execution Planning and Monitoring presents a panoramic view of the many activities involved in project formulation and appraisal. The book is a unique reference tool for professionals committed to development work as well as for the various stakeholders in development projects. The concepts and methodologies involved are explained in a simple fashion that makes the book a handy resource for anyone interested in the preparation and appraisal of development projects, regardless of his academic background or work experience.

Development project appraisals are complex undertakings that require a shared understanding of various processes by professionals from different academic backgrounds and areas of expertise. Filling a noticeable gap in the literature, International Development Project Appraisal, Execution Planning and Monitoring provides the reader with a unique and broad view of the many activities involved in appraising a development project. The simple and accessible language used in the book makes it a handy reference for anyone interested in preparing or appraising development projects.

The author has adopted a pragmatic approach in preparing this book, taking advantage of his wide range of practical experience and his many enriching interactions with development project stakeholders from various backgrounds. Figures, tables and examples are used throughout the text to explain the key concepts and illustrate the relationships among the many activities involved in preparing and appraising a development project. Development pillars, the project cycle and project formulation studies are discussed in the introduction, followed by a detailed examination of project appraisal activities. The book goes on to discuss project implementation planning and monitoring before addressing the issue of the funding of recurrent costs generated by development projects in developing countries and concluding with some observations on the best way to move forward.
Joseph Martial Ribeiro is a professional civil engineer who holds a Ph. D. in hydrology and is a registered member of the Quebec Order of Engineers. He has authored a number of scientifi c papers in the areas of hydrology as well as the book Procurement of Goods, Works and Services in Development Projects ? With an Overview of Project Management (Presses internationales Polytechnique, 2009) in the context of international development aid. His work experience includes academic and industrial research, private consultancy and academic lecturing. He has acquired extensive experience in development project formulation, appraisal and implementation planning across the African continent. He is currently based in Maputo, Mozambique, and works as a manager at the African Development Bank.
List of Figures
List of Tables
List of Boxes
List of Main Acronyms

Chapter 1 Introduction
Production Cost Structure in Developing Countries. Development Pillars.
Trading in a Globalized Economy. The Need for More Project Appraisals.

Chapter 2 Development Project Cycle
Background of Development Projects. Project Cycle.

Chapter 3 Project Formulation
Project Concept. Opportunity Study. Project Identifi cation. Pre-Feasibility Study.
Project Preparation and Pre-Appraisal. Feasibility Study.

Chapter 4 Project Appraisal
Background and Objectives. Project's Logical Framework. Project Components.
Expenditure Categories. Commercial and Market Appraisal. Technical Appraisal.
Cost Estimation. Institutional Appraisal. Environmental, Gender and Social Issues.
Procurement Arrangements. Disbursement Arrangements. Financial and Economic
Appraisal. Sustainability Issues. Caveats to the Appraiser.

Chapter 5 Project Implementation Planning and Monitoring
Project Planning. Implementation Monitoring and Control. Earned Value Analysis.

Chapter 6 The Recurrent Costs Problem
Accounting for Lifespan Costs. Recurrent Costs Across Economic Sectors.
Causes of O&M Problems in Developing Countries. The Way Forward.

Chapter 7 Conclusion